Business

The Advisers Council Committee on Government Purchase on Monday approved a major proposal involving Tk 10,979 crore for the import of refined fuel oil for the January–June 2026 period. The approval came from a meeting of Advisers Council Committee on Government Purchase at the Cabinet Division Conference Room at the Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair. ...

The Bangladesh Krishi Bank (BKB) on Sunday inaugurated a foundation training course for Senior Officers and Officers (Batch No. 26 & 27 for 2025–2026) at BKB Staff College auditorium in the capital’s Mirpur area. The programme was chaired by A.H.M. Mahbubul Baset Bhuyan, Principal of the Staff College. Nazma Mobarek, Secretary of the Financial Institutions Division, joined the event virtually ...

Bangladesh Bank has stopped providing all direct customer services from the sale of savings certificates and prize bonds to the exchange of torn notes and automated invoices. The decision applies simultaneously to all offices, including Motijheel, according to statement issued on Thursday (November 19). The order is effective from Sunday (November 23). No central bank in the world provides such ...

Victims of fraud are being failed by the criminal justice system, charities are warning, as new analysis suggests only a fraction of reports result in a prosecution. There were 1.2 million recorded cases of fraud in England and Wales in the 12 months to June, data from the National Fraud Intelligence Bureau shows. But in the same time frame fewer ...

Vietnam continues to lead the Association of Southeast Asian Nations (ASEAN) in consumer optimism, supported by a positive economic outlook and confidence in personal finances, Vietnam News Agency reported Friday, citing a study by Singapore-based United Overseas Bank (UOB). Vietnam posted the highest score in UOB’s ASEAN Consumer Sentiment Index at 67, well above the regional average of 54, according ...

Gold prices in Bangladesh have declined by Tk 1,353 per bhori, effective from today (Friday), following a drop in the local market price of refined gold. Bangladesh Jewellers Association (BAJUS) announced the new prices in a notice issued on Thursday (November 20) night. The revised rates will come into effect today, Friday (21 November). According to the notice, the price ...

A Dhaka court has ordered the imprisonment of former Islami Bank chairman Obaid Ullah Al Masud in a fraud case. The order was issued on Wednesday by Dhaka Metropolitan Sessions Judge Md Sabbir Foyez after the Anti-Corruption Commission (ACC) produced him before the court and sought his detention. No bail petition was submitted on behalf of the accused. Earlier in ...

Bangladesh received US$1.9 billion in remittances in the first 18 days of November, according to updated Bangladesh Bank data released on Wednesday. The inflow marks a 30.7% rise compared with the same period last year. From July to November 15, remittances totaled over $12.05 billion, reflecting 15.9% growth year-on-year in the first four and a half months of FY 2025–26. ...

Stock markets around the world slid on Tuesday as investors grew wary of high valuations in the tech sector ahead of Nvidia’s quarterly earnings, with Bitcoin briefly dipping below $90,000 for the first time in seven months before recovering to about $93,000. Major Wall Street indexes closed lower following declines in European and Asian markets. Nvidia shares themselves fell 2.8 ...

A writ was filed on Tuesday challenging the decision to merger five troubled Shariah-based banks. Barrister Mahsib Hossain on behalf of investor Shahidul Islam submitted the writ. The five banks are First Security Islami, Union, Global Islami, Social Islami and EXIM. Bangladesh Bank Govornor and finance secretary among the concerned have been made respondents. The Advisers Council approved the merger ...