Al-Arafah Islami Bank former chairman Abdus Samad Labu, brother of S Alam, has allegedly embezzled Tk 10 crore from the bank鈥檚 Corporate Social Responsibility (CSR) fund, according to a Bangladesh Bank inspection report...
The country鈥檚 gross domestic product growth for the 2023-2024 financial year was 4.22 per cent, according to the Bangladesh Bureau of Statistics鈥� update released on Monday...
The Bangladesh Bank is not optimistic about the country鈥檚 economic outlook for the 2024-25 financial year as the central bank on Monday predicted economic growth would remain sluggish at about 4-5 per cent in FY25 due to a host of challenges...
The National Board of Revenue has asked for proposals and recommendations from chambers and trade bodies to improve tax regulations, including Value-Added Tax, for the upcoming financial year 2025-26 budget...
The overall economy has been improving for the past six months, but worker unrests, inflation and fragile banking sector still pose risks, according to a Finance Division report released on Sunday...
The Bangladesh Bank will announce its monetary policy statement today for the second half of the 2024-25 financial year...
The Bangladesh Cold Storage Association (BCSA) has demanded a reduction in bank loan interest rates and electricity bills aiming to lower potato storage rent...
Bangladesh Knitwear Manufacturers and Exporters Association president Mohammad Hatem urged the interim government to implement policies discussing with business people and other stakeholders to attract more investment, grow industries, and generate more employment...
Ukrainian president Volodymyr Zelensky said on Saturday Kyiv wants its allies to invest in its mineral resources after US president Donald Trump asked for 鈥榬are earths鈥� in exchange for military aid...
Turkey鈥檚 central bank on Friday increased its year-end inflation forecast to 24 per cent from 21 per cent.
Russia reported strong economic growth for 2024 on Friday as record spending on the military offensive against Ukraine outweighed the impact of Western sanctions.
The eurozone鈥檚 top three lenders by market capitalisation 鈥� Italy鈥檚 Intesa Sanpaolo, Spain鈥檚 Santander and BNP Paribas in France 鈥� all posted record earnings in 2024, demonstrating the strength of the banking sector.
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...
China鈥檚 sluggish domestic consumption got a boost over the weeklong Lunar New Year holiday, with travel and retail sales聽both offering a slight reprieve to a dragging economy facing the prospect of an escalating US trade war...
US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt of the cost, analysts say...