After Bangladesh shut yarn imports through its five land ports last month, producers of the spun fibre in India are considering alternative modes of transportation..Land ports in Benapole, Bhomra, Sonamasjid, Banglabandha, and Burimari handled around 30 percent of India’s yarn exports to B
Remittance inflows in the first ten months of the current fiscal year have already exceeded the total receipts of FY 2023-24, providing a much-needed breather to the economy and easing a severe foreign currency crisis.
Listing of Grameenphone on the stock exchange in 2009 had a huge impact as thousands of investors flocked to open beneficiary owner accounts to get shares of the high-performing company through the initial public offering (IPO).
The Bangladesh Bank will consider slashing the policy rate to 7 percent by March, provided that rampant inflation, which has hovered above 9 percent for nearly two years, eases to 5 percent by then, Governor Ahsan H Mansur said yesterday.
The government will issue “Red Notices” through Interpol for businesspeople who fled abroad without paying workers’ dues, Brig Gen (retd) M Sakhawat Hussain, adviser to the Ministry of Labour and Employment, said yesterday.
Mobile financial services (MFS) provider bKash posted a rise in profit and revenue in 2024.
The Patenga Container Terminal (PCT), the first foreign firm-operated terminal of Chattogram Port, has started handling import-laden containers around 11 months after beginning partial operations in June last year.
The US government’s recent announcement to hike the tariff on Bangladeshi goods by an additional 37 percent has already begun affecting the country’s readymade garment (RMG) industry, according to a leading denim exporter.
Thengamara Mohila Sabuj Sangha (TMSS) recently signed an agreement with bKash enabling its members to both receive microfinance loans and pay monthly instalments through the mobile financial service provider.
Companies in the chemical, plastic, and food processing sectors will be given priority when safety inspections get underway in the first phase of the government’s move to ensure adequate infrastructure and fire safety measures at all industrial units.
Public expenditure through the Annual Development Programme (ADP) increased and touched a four-year high in the first quarter of the current fiscal year as the pace of project execution by large ministries has accelerated.
Bangladesh’s plans of signing a free trade agreement (FTA) with Thailand has turned more plausible with a feasibility study conducted by the Bangladesh Trade and Tariff Commission.
Listed multinational HeidelbergCement Bangladesh Limited has incurred higher losses year-on-year in the July-September period of the current year despite a rise in sales.
The local stock market witnessed a massive fall yesterday, marking the sixth consecutive day that the prime index of the country’s premier bourse has seen a downward trend.
The Bangladesh Bank yesterday set uniform rates on settling transactions through digital platforms of banks and other financial service providers as part of its effort to facilitate clients and merchants.
Households in Bangladesh have historically tended to use earthenware, china, stainless steel and even pewter for dinnerware. But once its use came to be known, melamine products quickly gained popularity, especially in rural and semi-urban areas.
In a rare move, the government is not rushing into a $3-billion loan offer from the International Monetary Fund (IMF) as Bangladesh has received a huge amount of budget support from multilateral lenders to fight the impacts of the coronavirus pandemic.
Finance Minister AHM Mustafa Kamal has urged the International Finance Corporation (IFC) to extend easy loans for the development of the private sector in Bangladesh.
