Exim Bank’s profit dropped 9.4% in 2023
Exim Bank's profit declined 9.4 percent year-on-year to Tk 337 crore in 2023, according to a disclosure on the Dhaka Stock Exchange (DSE) website yesterday.
17h ago
Three out of four people still unbanked in Bangladesh
Only 28.3 percent had an account with a bank or NBFI last year, it showed, increasing from 26.2 percent the year prior.
1w ago
Economics of Eid
As the darkness of night made way for the first light of day, a rhythmic hum echoed through the tranquil dawn in Jamalpur like a heartbeat.
2w ago
Celebrating Eid getting harder for the vulnerable
As middle and low-income segments of society struggle against the backdrop of a severe cost-of-living crisis, the surge in aggregate demand ahead of Eid-ul-Fitr poses a further hurdle for many striving to celebrate the festival.
2w ago
BRAC Bank logged 35% profit growth in 2023
BRAC Bank PLC registered a 35 percent increase in profit to Tk 827.50 crore last year thanks to its focus on small and medium enterprises (SME) and technology-based customer services, which added over 3.60 lakh new customers.
3w ago
One panjabi for two occasions
The rising price level in Bangladesh has left the middle and low-income segments in a severe cost of living crunch, with inflation hovering above 9 percent since March last year.
4w ago
Bangladesh's biggest shopping festival begins as Eid nears
The number of shoppers has been increasing since Friday, said brands and retailers. But with about 18 days left until Eid, consumers are yet to start buying clothing items in large quantities, they said.
1m ago
Gender gap in MFS widens from 3% to 16% in five years
The gap broadened to 16.06 percentage points in December last year from 3.25 percentage points in the same month in 2019, according to the data.
1m ago
January 14, 2024
Credit card use slightly down
Credit card spending decreased in last November compared to the preceding month, according to BB
January 11, 2024
Boro farmers fret as cultivation costs rise
A significant increase in cultivation costs is making the farmers feeling gloomy about getting fair prices
January 9, 2024
Credit card issuance creeps along
Credit card issuance by banks in Bangladesh witnessed slower growth in 2023 thanks to tightening of regulations by NBR
January 7, 2024
Two elderly voters cast votes defying physical barriers
Ninety-year-old Lozzatun Nesa of Baniyadi in Rupnagar, Narayanganj, defied physical challenges and age barriers to exercise her voting right
January 3, 2024
Small businesses navigated difficult times in 2023
Small businesses in 2023 faced substantial hardships amidst prevalent inflationary pressure of the country
December 29, 2023
Despite winter abundance, vegetable prices soar
The prices of all vegetables have been spiraling unusually in the markets in Dhaka recently, despite being in adequate supply amid peak season in winter.
December 24, 2023
Solar irrigation promises to cut diesel use by 10 lakh tonnes a year
Introducing solar irrigation pump (SIP) systems will gradually enable Bangladesh to cut consumption of diesel fuel by 10 lakh tonnes annually
December 19, 2023
Basic needs taking up majority of remittance spent
Beneficiaries of remittance in Bangladesh spend a majority of the funds received on meeting basic needs, according to a study by BBS
December 14, 2023
Credit card transactions abroad surge
Credit card transactions by Bangladeshi nationals travelling or living abroad rose significantly to hit Tk 5,386 million in October
December 13, 2023
Bangladesh to become 2nd-fastest economy among 46 nations: Mastercard
GDP of Bangladesh is expected to grow 6.3 percent in 2024 whereas India’s expected growth is 6.4 percent
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