The Trading Corporation of Bangladesh (TCB) has postponed its decision to sell daily essentials scheduled to start tomorrow, it said in a statement.

Bangladesh should focus on increasing the cultivation of certain varieties of sea bass, such as Koral and Vetki, in order to expand the country’s export basket, according to experts.

Entrepreneurs in Bangladesh have pumped billions of dollars into the shipbuilding sector in recent years to meet their own demand for vessels as well as regain the international market.

The government is struggling to fulfil the target of wheat procurement from the domestic market this season as growers are not showing interest to sell the food grain to the state at a lower price.

The current inflationary pressures are attributable largely to the rise in international commodity prices and the exchange rate depreciation, albeit to a relatively smaller extent. The latest data from the Bangladesh Bureau of Statistics show there was a spike in domestic consumption demand as well.

Bangladesh emerged as a shipbuilding nation in 2008 when it exported its first ocean-going vessel to a Danish company and suddenly there were talks about the sector’s immense potential and the country capturing a major share of the global shipbuilding market.

Bangladesh has so far resisted calls for a major devaluation of its currency despite runaway imports amid higher food, energy and raw materials prices globally.

Islami Bank Bangladesh has won Bangladesh Bank’s remittance award for 2019 and 2020.

Romo Rouf Chowdhury has been re-elected as vice-chairman of Bank Asia at the 473rd meeting of the bank’s board of directors recently.

The 37th IAF World Fashion Convention will be held in Dhaka in November this year.

Apparel manufacturers yesterday expressed concerns over an alarming rise in global inflation, citing that increasing prices may affect the purchasing power of end-consumers in export destinations and cause demand for garment items to fall.

The Asian Development Bank (ADB) will prioritise its assistance to Bangladesh for graduation from LDC, climate change and sustainable development goals.

A man piloting a hot air balloon discovers that he is hopelessly lost. He descends to a lower altitude and locates a man on the ground and shouts, “excuse me sir, can you tell me where I am?” The man below says, “yes, you are in a hot air balloon, about twenty feet above ground.”

H Ataur Rahman Akib started fishing when he was four and he was largely focused on his hobby and making baits until 2018.

At the beginning of 2022, Bangladesh’s economy seemed to be on course to grow at a faster clip buoyed by plummeting coronavirus infections, rebound in economic activities and the reopening of global economies.

The Bangladesh Bank yesterday barred the chairman of any non-bank financial institution (NBFI) along with the heads of executive, audit and risk management committees from holding any post of its subsidiary or foundation.

High-ups of the government and the top commercial bankers yesterday urged expatriate Bangladeshis to send their money through legal channels instead of using hundi, an illegal cross-border money transfer network.

Brac Bank and Blue-Wealth Assets have signed an agreement for the bank to provide custodial services to the latter such that they can operate a “Blue-Wealth 1st Balanced Fund”, a new open-ended mutual fund.

The Bangladesh Competition Commission filed cases against eight edible oil companies on Wednesday for manipulating the key cooking ingredient’s local production and supply.

The government has formed two committees which will bring amendments to the labour law by December 31 this year, said a top government official yesterday.