Bangladesh Bank (BB) has issued guidelines for operations of business in Bangladesh by Joint Ventures or Consortiums or Associations (JVCA) having foreign partner (s) in order to make…

Global rating agency Moody's has revised its ratings for six Bangladeshi banks, citing concerns over the country’s recent sovereign downgrade. The banks affected are BRAC Bank,…

First Security Islami Bank (FSIB) has taken decisive action against officials implicated in money laundering and issuing fraudulent loans to S Alam Group. The bank has withdrawn 194…

A higher volume of containers and cargos were handled at the Chattogram port in the last three months from August to October. Container handling at Chittagong port had increased by…

The global credit rating agency Moody's Ratings has downgraded Bangladesh's long-term rating to B2 from B1. The rating outlook has been changed to "negative" from "stable" earlier…

Bangladesh has received US $1.123 billion in remittance in 16 days of November. According to the Bangladesh Bank (BB) data, in the first 16 days of November, expatriate income came…

The total classified loans in Bangladesh have surged to a staggering Tk 2.85 trillion, representing nearly 17% of the total disbursed loans, according to an updated report released…

Bangladesh Bank (BB) has extended Tk 6,585 crore in liquidity support to address short-term funding needs under its credit guarantee scheme. Husneara Shikha, Executive Director and…

Petrobangla – the Bangladesh Oil, Gas & Mineral Corporation – faces uncertainty about how to proceed with a new bidding process for establishing two private sector…

Bangladesh has received remittance of over US$ 7 billion from expatriate citizens in the last three months, official data showed. “Bangladeshi expatriates sent US$ 7.02 billion…

The National Board of Revenue (NBR) has continued to fall behind in collecting revenue, according to figures for the first four months of the current FY24-25 made available on Wednesday.…

Bangladesh’s foreign exchange reserves fell below the $20 billion mark after the country paid $1.5 billion in liabilities to the Asian Clearing Union (ACU) on November 10. The…

Bangladesh and Singapore have expressed satisfaction with the launching of Free Trade Agreement (FTA) negotiation and hoped that FTA would facilitate more economic engagements between…

Bangladesh Bank (BB) has increased policy interest rate once again as move to curb inflation by withdrawing excess liquidity from the market.  The decision, announced by the central…