A candid admission comes from the finance minister that many well-established companies are facing acute capital shortages, in a crunch he attributes to lack of "fair competition" and governance gaps. "Many big companies and banks are in serious capital shortage," Finance and Planning Minister Ami
Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Wednesday said auditors should remain self-regulated for their own interests and take advantage of the country’s emerging economic opportunities. He said Bangladesh is now at a crossroads in transforming its economy through substa
The newly formed BNP government is set to introduce a new development strategy, moving away from the long-standing five-year planning model used during the previous Awami League administration, which remained in power for 17 years. The ambitious macroeconomic blueprint aims to steer Bangladesh tow
In a bid to maintain stability in the foreign exchange market, Bangladesh Bank (BB) on Tuesday purchased $85 million from six commercial banks. The central bank fixed the cut-off rate for the transaction at Tk 122.75 per US dollar, according to relevant sources at Bangladesh Bank. With this lates
Bangladesh and the United States have reaffirmed their commitment to further strengthening bilateral partnership in various areas of mutual interest. The reaffirmation came during a meeting between State Minister for Foreign Affairs Shama Obaed Islam and US Assistant Secretary of State for South a
