LankaBangla 1st PE Fund, Bangladesh's maiden private equity fund, is winding up due to a lacklustre investor response. The fund, originally set for a 10-year tenure, is now closing after six years.

The Local Government Division (LGD) has sent a letter to the Law Ministry seeking opinion if there is any legal complications arising from the court verdict in mayoral candidate Ishraque Hossain's ...

Trade reforms aimed at lowering tariff and non-tariff barriers would support the diversification of the export basket while also helping respond to the challenge of the Trump reciprocal tariff ...

Most listed banks experienced a decline in their core business—net interest income—during the January–March quarter of this year, primarily due to reduced interest earnings from disbursed loans amid ...

Past governments have failed to address these concerns, leaving the university community with no option but to protest for their legitimate demands, says Jamaat leader Maulana ATM Masum ...

Bangladesh provides a range of incentives to the private sector. However, it does not impose strict performance discipline on those who receive the incentives and does not link these well to strategic ...

Robi Axiata Limited, the country's second-largest telecom operator, has announced a 17.6% year-on-year increase in profit for the first quarter of the current fiscal year 2024-25, despite a decline in ...

Bangladesh's upcoming graduation from least developed country (LDC) status presents a crucial opportunity to reassess its development strategy and correct past policy missteps, said Anisuzzaman ...

At long last, the stalemate is over. Bangladesh has finally agreed to go for a market-based flexible exchange rate instead of pursuing a crawling peg. And the International Monetary Fund (IMF) has ...

At least eight people were injured in an attack on a leader of the National Citizen Party (NCP) and local Students Against Discrimination (SAD) leaders in Ashulia for reportedly obstructing the ...

The Dhaka Stock Exchange (DSE) has approved the transfer of 63 lakh shares of Bank Asia, held by two of its sponsors, Nahid Akhter Sinha and Mir Shahjahan, to Union Capital.

The Forest-1 Wing of the Ministry of Environment, Forest and Climate Change issued an official notification today (15 May), announcing the ban, reads a ministry press statement.