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Growing digital adoption drives up internet banking

Dhaka, Dec. 30 -- Internet-banking transactions surged by more than 39.0 per cent to Tk 1.29 trillion during the first four months of the current fiscal year, signifying a steady shift away from chequ... Read More


Bangladesh's UN-defined role as regional hub undermined

Dhaka, Dec. 29 -- Bangladesh's UN-mandated role as a regional logistics hub is getting undercut as manifest in the value of its re-exported goods plummeting, according to the first-quarter statistics ... Read More


Agro-processing: Poor crop quality hits ambitions

Dhaka, Dec. 28 -- The push to expand agro-processing is running up against a fundamental constraint: much of the country's farm output does not meet industrial specifications. Despite frequent bumper... Read More


Large-scale manufacturing down 0.78pc in Oct

Dhaka, Dec. 27 -- The large-scale manufacturing (LSM) sector contracted by 0.78 per cent in October year on year due to a sharp slowdown in the garment industry, according to the latest Bangladesh Bur... Read More


Tarique's comeback may leave positive impact on economy

Dhaka, Dec. 26 -- Tarique Rahman's return from wildness after 17 years draws intense political attention, but economists and business leaders say the more consequential test lies in its implications f... Read More


US becomes Bangladesh's 2nd-largest trading partner

Dhaka, Nov. 28 -- The United States has recently emerged as Bangladesh's second-largest trading partner, driven by a notable expansion in bilateral trade with the world's largest economy. Officials f... Read More


Exchange rate rise erodes export competiveness

Dhaka, Nov. 26 -- Bangladesh's exports may get costlier to foreign buyers while imports cheaper as the local currency, taka, appears increasingly overvalued in the foreign-exchange basket in real term... Read More


Agent banking loses steam amid new female participation rule

Dhaka, Nov. 25 -- The expansion of agent banking in Bangladesh has slowed, both in terms of outlets and agents, a development widely attributed to a new regulatory requirement aimed at increasing fema... Read More


Rice imports go up to build contingency stock

Dhaka, Nov. 18 -- Bangladesh ramps up rice import to build a contingency stock with the buys having soared over 8,133 per cent in value during the first quarter of the current fiscal year, statistics ... Read More