The country’s cinema owners will now get time until December 31 this year to apply for loans from the Tk 1,000 crore refinance scheme formed by Bangladesh Bank.

Import load containers have piled up at the Chattogram port as importers did not secure their consignments due to the Eid holidays when factories were closed and vehicular movement was thin.

Anyone who follows the national budget of Bangladesh is familiar with some expressions such as ‘ambitious budget’ and ‘implementation will be challenging”.

The number of internet users in Bangladesh rose in March thanks to increased usage of both mobile data and broadband services for educational, entertainment and professional purposes amid the improving Covid-19 situation.

Brac Bank has launched 39 real-time cash deposit machines (RCDMs) in Dhaka, Gazipur, Chattogram, Sylhet, Rajshahi, Khulna, Rangpur, Bogura, Jashore and Pabna in the first phase.

Md Nurul Amin, former senior secretary, has been appointed as chairman of Karmasangsthan Bank last month.

A Rouf Chowdhury has been re-elected as chairman of Bank Asia at the 473rd meeting of the board of directors of the bank held recently.

Investors typically take 5 to 10 years of historical data as a basis for projections of the future. But in cases such as Russia’s invasion of Ukraine or Sri Lanka’s rapid economic deterioration, the past is not a metric that can be relied on for the future.

The country’s cinema hall owners will now get time until December 31 this year to apply for loans from the Tk 1,000 crore refinance scheme formed by Bangladesh Bank.

RFL Group has set up its second bicycle manufacturing plant with the objective to secure a bigger slice of the Tk 1,800 crore domestic two-wheeler market, which is growing due to rising health consciousness and a quest for convenience in transportation.

Asian Infrastructure Investment Bank (AIIB) has extended a $200 million long-term credit facility to the Infrastructure Development Company Ltd (Idcol) of Bangladesh for financing infrastructure projects in the country.

Oman Air plans to start running daily flights from Dhaka to serve the growing number of passengers from the country as the Hazrat Shahjalal International Airport (HSIA) in the capital is set to make its new terminal operational, said Sunil V A, regional vice-president of the airline.

The name “Sreemangal” makes the heart tremble, according to a man who came to visit the ever-popular tourist destination to enjoy the Eid holiday with his family.

Maddhapara Granite Mining Company Limited (MGMCL) has halted hard rock production since May 1 due to a lack of the explosives needed to extract the material from underground, according to company officials.

Hotels and resorts in tourist destinations across Bangladesh are enjoying brisk business thanks to the long holiday afforded by most industries in the current festival season centring Eid-ul-Fitr as they look to partially recover pandemic-induced losses.

The Trading Corporation of Bangladesh (TCB) will resume selling soybean oil at Tk 110 a litre to one crore TCB cardholder families from next month, Senior Commerce Secretary Tapan Kanti Ghosh said yesterday.

Bangladesh’s economy might fail to benefit from the government’s timely rollout of stimulus packages for cottage, small, medium and large industries as banks have lost the zeal to extend loans since interest subsidy was not paid out at the expected pace as initially thought.

The Trading Corporation of Bangladesh (TCB) will resume selling edible oil at Tk 110 a litre to one crore TCB cardholder families in June, Senior Commerce Secretary Tapan Kanti Ghosh said today.

Untimely loading and unloading of containers has congested Chattogram port, the country’s premier seaport, with container vessels, which remain anchored due to the disruption.

Even Eid-ul-Fitr, typically a boon for remittance inflows, failed to buck the trend of sliding receipts this year.