FT | The National Financial Portal

Yet one more player in non-bank FI sector

Bangladesh Bank gave its final approval to one more non-banking financial institution on Thursday in a decision that raised eyebrows among analysts.

Bangladesh leads global organic textile production

As many as 505 Bangladeshi factories received the GOTS-certification last year, while 438 and 396 entities were registered from India and Europe respectively

Coverage of remittance incentive widened

BB officials said it is a clarification of the previous circular issued on August 6, 2019 announcing two percent cash incentive to encourage Bangladeshis to send money home through official channel

Private ICDs stop transporting export goods

They said they have not got their payment for handling the containers from the companies for two months

ADB headquarters shut down for coronavirus disinfection

The Asian Development Bank (ADB) closed its headquarters and the Philippines senate went into lockdown on Thursday, after visitors to both buildings in Manila tested positive for the coronavirus.

Taiwan c bank says chances of financial crisis not high

The chances of a financial crisis are not high, Taiwan central bank governor Yang Chin-long told parliament on Thursday, reports Reuters.

Import orders drop by 12pc in January

The country's overall imports are maintaining a falling trend in the recent months mainly due to global economic slowdown and coronavirus outbreak in Wuhan of China

Virus-struck Europe poses new risk to exports

Swedish retail giant H&M has ordered its Dhaka office staff to work from home

Banks’ CSR expenses down 28pc in 2019

Bankers said decline in profits had affected CSR activities

Postal savings interest returns to previous rates by March 17

Finance Minister AHM Mustafa Kamal gave the information after inaugurating automation of postal savings scheme at finance ministry’s conference room on Wednesday

Lack of access to finance, corruption top barriers for private firms: IFC

About seven of 10 firms are interested rapidly expanding their businesses while three of 10 believe in slow expansion and consolidation, according to the report

Salman hints reducing tax rate in next national budget

The government is thinking to expand tax net instated of increasing the tax rate. Side by side, the government is likely to reduce tax rate in different sectors. There will be necessary directives in the next national budget,

BB buys US dollar from banks to keep forex market stable

If it continues, local currency won't be more volatile, says expert

Economy shows mix trend: ICCB

Bangladesh is doing better than the rest of the region, especially than India, Sri Lanka and Pakistan

Bank of England cuts main interest rate to 0.25pc

The Bank of England (BoE), the central bank of the country, on Wednesday cut its main interest rate from 0.75 percent to 0.25 percent as part of a package of measures to cushion the impact of COVID-19.