BB dissolves ICB Islami Bank's board, appoints its ED as MD
Bangladesh Bank has appointed its Executive Director (ED) Mojibur Rahman as the Managing Director of ICB Islami Bank. The central bank made the decision after dissolving the bank's board of directors over allegations of corruption and mismanagement, reports UNB.According to a Bangladesh Bank order, the appointment aims to safeguard the...
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Rice prices defiantly high despite huge imports
Rice imports surged during eight months to February as the government ramped up procurement amid exigencies of crop damage in recurrent floods across Bangladesh, yet prices remained defiantly high.Market surveys show a quirky rise in retail rice prices in Dhaka and other parts of the country, notwithstanding the import glut...
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Will work in favour of your trade agenda
Thanking US President Donald Trump for his latest decision on the tariff issue, Chief Adviser Prof Muhammad Yunus has said they will continue to work with the Trump Administration in support of his trade agenda, reports UNB."Thank you, Mr President, for responding positively to our request for 90-day pause on...
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US tariff pause gives some succour to BD
Donald Trump's tariff pause for 90 days has given local exporters some relief as they see some silver lining in the Sino-US trade spat as companies looking to diversify might relocate to Bangladesh.Economists and exporters have also stressed the need for a roadmap to make the most of engaging and...
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Foreign debt builds up to $103.64b, as of Dec
Bangladesh saw its overall external debt rise by 3.0 per cent to US$103.64 billion up to last December and this increase was primarily driven by public sector's growing appetite for foreign funds.Though the unpaid volume of debts remained below the International Monetary Fund (IMF)-recommended ceiling by then, there were some...
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SSC exams begin across country-
A mother holds her daughter's hand to make her feel confident immediately before she enters the Rajarbag Police Lines School & College exam centre to take the SSC examination in the capital on Thursday. — FE Photo by Asad-Uz-Zaman
The Secondary School Certificate (SSC) and equivalent examinations for 2025 began...
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FDI commitments worth $260m received
The four-day Bangladesh Investment Summit-2025 aimed at boosting Foreign Direct Investment (FDI) concluded on Thursday, with approximately 450 potential investors from around the globe in attendance.A $260 million worth of FDI commitment was received in the first three days of the event, said Nahian Rahman Rochi, Head of Business Development,...
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Reforms key to investor-friendly ecosystem
Legal and regulatory reforms of the digital governance landscape in Bangladesh can pledge a more interoperable and investor-friendly ecosystem as digital transformation no longer rests solely on the automation of services.Faiz Ahmad Taiyeb, special assistant to the chief adviser for ICT Division, laid out an ambitious vision to this end...
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Growing middle class, infrastructure, high returns ‘attract FDI’
A vibrant and expanding middle class, high returns on investment, and substantial infrastructure development are the key factors drawing foreign investments into Bangladesh, experts observed at the Bangladesh Investment Summit 2025 on Thursday.During a session on agriculture and agro-processing, part of the four-day summit organised by the Bangladesh Investment Development...
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