BRAC Bank’s core income falls as investment earnings drive profit
BRAC Bank PLC is increasingly relying on investment and other income to maintain profitability as earnings from its core banking operations have weakened, an...
Bangladesh tightens import monitoring to curb money laundering
The government has tightened monitoring of large import transactions to prevent money laundering and illicit fund transfers through international trade.
Under the new measures, banks...
Bangladesh lags global shift to non-cotton apparel
Bangladesh is falling behind the global apparel market in shifting from cotton to non-cotton products, raising concerns over the country’s product diversification and competitiveness.
Data...
ICB faces Tk 28.13b legal claims
The state-owned Investment Corporation of Bangladesh (ICB) is facing a substantial legal backlog, with 316 cases involving more than Tk 28.13 billion pending before...
Regulator intensifies crackdown on IPO fund misuse
The Bangladesh Securities and Exchange Commission (BSEC) has stepped up its crackdown on listed companies over the misuse of funds raised from investors through...