The Bangladesh Sugar and Food Industries Corporation (BSFIC) will not get relief from the losses anytime soon despite closing six mills.

HSBC bank on Thursday unveiled plans to phase out financing of the coal industry over the next two decades, bowing to shareholder pressure to do more to tackle global warming.

Sugarcane growers based in six catchment areas have suffered heavy losses this year as the total weight of the crops shrivelled because of a late harvest, bringing down sugar yield.

Hassan O Rashid has recently joined Prime Bank as the managing director and chief executive officer.

Hossain Ahmed, customs and VAT commissioner of the National Board of Revenue (NBR), died of Covid-19 infection today.

The government has taken a Tk 438 crore project to bring fallow lands under cultivation across the country, Agriculture Minister Muhammad Abdur Razzaque said today.

Bangladesh Securities and Exchange Commission (BSEC) targets to bring to the market at least six local big industrial conglomerates with annual turnover of over $2.5 billion, BSEC Chairman Shibli Rubayat-Ul-Islam said today.

Onion prices shot up in Dhaka markets over the last one week as supply of imported bulbs and early harvested varieties declined.

Mostafiz Uddin, managing director of Chattogram-based exporter Denim Expert, has been accorded a “Sustainable Fashion Champion” title at Drapers Sustainable Fashion Awards 2021.

Junk stocks have frequently featured on the top gainers’ list for the past few weeks, bringing into question investors’ preference for such shares despite their substandard performance.

Bangladesh’s development expenditure was recorded at its lowest in a decade during the July-February period of the current fiscal year as government agencies were able to spend just 33.83 per cent of the allocation, according to the Implementation Monitoring and Evaluation Division (IMED).

Bangladesh Bank yesterday decided to form a Tk 500 crore fund to help startups commence business. The central bank’s board of directors took the decision to enable the new entrepreneurs to avail financing from banks smoothly.

Cottage, micro, small and medium enterprises (CMSMEs), which are the backbone of the economy, have been struggling to revive their battered business as the country entered into the second year of the pandemic.

The National Board of Revenue (NBR) has removed customs duty on yellow peas in order to allow importers to bring the essential commodity without facing hassles from customs.

British engine-maker Rolls-Royce plunged to a worse than expected 4 billion pound ($5.6 billion) loss in 2020 as the pandemic stopped airlines flying, but stuck to its forecast to burn through less cash this year.

US chief executives are more optimistic about rising sales and overwhelmingly expect a recovery from the Covid-19 downturn by the end of 2021, according to a survey released Wednesday.

Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company said on Thursday.

Zara owner Inditex said Wednesday its profits plunged in 2020 as a surge in online sales failed to make up for enforced store closures due to the coronavirus pandemic.

The Chittagong Chamber of Commerce and Industry (CCCI) has proposed an increase in the tax-free income limit for individuals, women, the elderly, physically-impaired and freedom fighters in the next national budget, considering the adverse impacts of the ongoing pandemic.

Nipa Sen Gupta, a resident of Rajshahi district, had no idea that the lessons learnt in her school-life could help her grow into a successful entrepreneur amid the ongoing coronavirus crisis.