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Bank Deposits See 8% Growth in January After Months of Sluggish Performance
After months of stagnation, bank deposit growth in Bangladesh finally crossed the 8% mark in January 2025, signaling a potential turnaround in the financial sector. The banking industry had…
Bangladesh Lifts Advance Tax on Cancer Drug Raw Materials to Lower Costs
In a major relief for cancer drug manufacturers, the National Board of Revenue (NBR) has exempted advance tax (AT) on the import of raw materials used in oncology medicine production. This…
Bangladesh Becomes Fastest-Growing Apparel Exporter to the US in January
Bangladesh has cemented its position as the fastest-growing apparel exporter to the United States, achieving an impressive 45.93% year-on-year growth in January 2025. According to the latest…
Visa Celebrates Ramadan And Other Festivities With Exciting Rewards And Offers For Cardholders
Visa (NYSE: V), the global leader in digital payments, has recently announced its first in-market Direct-to-Cardholder campaign in Bangladesh, offering exclusive rewards on all Visa consumer…
Cowbell Officially Launches In Bangladesh
Cowbell has officially launched in Bangladesh, introducing world-class dairy products to local consumers. The grand launch event featured the unveiling of Cowbell’s premium dairy range,…
Bangladesh Bank Eases Loan Exit Rules for Struggling Businesses
In a major relief for troubled businesses, Bangladesh Bank (BB) has relaxed the down payment requirements for defaulted loans of closed or loss-incurring companies, making it easier for them…
Abul Khair Group Chairman Expands Business Amid Market Uncertainty
At a time when new investments seem risky, Abul Kashem, chairman of Bangladesh’s largest industrial conglomerate, Abul Khair Group, is making bold moves in the food and commodities sector.…
Women In Banking On The Rise: 12.9% Growth In Just Six Months
The presence of women or female employees in Bangladesh’s banking sector is surging, with a remarkable 12.9% increase in just the last six months of 2024, according to the latest Bangladesh…
No Fresh Notes This Eid, Bangladesh Bank Suspends Exchange
This Eid-ul-Fitr, Bangladesh Bank has decided to put a pause on the tradition of exchanging fresh banknotes. In a directive issued on Sunday, the central bank (Bangladesh Bank) instructed…
