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Economy & Industry
Hatem Succeeds Selim as BKMEA President
Managing Director of MB Knit Fashion Ltd, Mohammad Hatemhas been elected as the new President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), following the!-->…
Bangladesh Bank Negotiates $3 Billion Loan with IMF
Bangladesh is in negotiations with the International Monetary Fund (IMF) for an additional $3 billion loanto address economic challenges following recent political upheavals. This!-->…
Khandoker Rafiqul Islam Named BGMEA President
Khandoker Rafiqul Islam, managing director of Designtex Group, has been named the new president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) following the!-->…
E-Commerce Companies Hesitant to Adopt Digital ID
Local e-commerce companies in Bangladesh are showing reluctance to apply for the Digital Business Identification(DBID) due to regulatory and technical challenges, according to industry!-->…
Remittance Inflow up $406 Million YoY in Early August
Bangladesh's inward remittance flow surged by 36% during the first 20 daysof August, driven by a significant increase in funds sent through official banking channels. According to data!-->…
Rashed Maqsood Named BSEC Chief
The interim government has announced the appointment of Khondoker Rashed Maqsood as the new chairman of the Bangladesh Securities and Exchange Commission (BSEC) for a four-year term. The!-->…
Redesigning the Financial System to Boost Entrepreneurship and Creativity
In a compelling address at the 3rd Voice of Global South Summit 2024, Chief Adviser to the interim government Professor Dr. Muhammad Yunus called for a major redesign of the financial!-->…
Wage Growth and Inflation Gap hits 10-year high
Wage growth in Bangladesh has experienced a slight dip after 30 consecutive monthsof increases, according to new data from the Bangladesh Bureau of Statistics (BBS). This decline marks a!-->…
Commission to Implement Sustainable Banking Reforms
The interim government has taken a significant step towards reforming the country’s banking sector by announcing the formation of a dedicated commission aimed at implementing sustainable!-->…
Islami Bank Appoints Md Obayed Ullah Al Masud as New Chairman
Bangladesh Bank has announced the formation of a new board for Islami Bank Bangladesh, appointing five independent directors to address issues at the troubled Shariah-based lender. This!-->…