The central bank is preparing a stress-testing mechanism that would help the banks better understand their financial strengths in the events of any macroeconomic shock in the country. It has taken the initiative to formulate the new tools as recommended by the International Monetary Fund (IMF).

The government has again initiated a move to amend the Companies Act 1994 in order to make it more business-friendly. In February, it amended the companies' mother law by scrapping the system of using "company seal" on the business documents. However, the Ministry of Commerce has prepared a summa

The European Union is conducting an online survey to prepare a new trade benefit scheme for the poorer nations, including Bangladesh. The objective of the survey is to assess whether countries like Bangladesh will continue to get the regional bloc's generalised system of preferences or GSP. As a

The country's external debt payment reached a new high of nearly $500 million in the first quarter (Q1) of this fiscal year. The quarterly debt-servicing data released by the finance division showed the repayment rose by over 24 per cent to US$ 495.2 million over the year-earlier period. The volu