United Commercial Bank (UCB) yesterday decided to form subsidiaries in Qatar and the UAE to expand its Money Services Business (MSB) operations, according to a company disclosure on the Dhaka Stock Exchange (DSE) website.

A Chinese company is set to implement a Tk 3,975 crore digital connectivity project that will equip Bangladesh with the latest ICT infrastructure, digitise government services and increase ICT usage at the field level.

bKash is providing essential information and services such as the schedules of iftar and sahri, zakat calculator, payment option for donating zakat to authorised charities, and health tips through its ‘Romjane Protidin’ icon on its app during the fasting month.

Bangladesh Bank will impose special conditions on the import of luxury items, such as high-end cosmetics, apparels and electronics, to discourage these purchases during times of global economic uncertainty, according to Finance Minister AHM Mustafa Kamal.

While salt production has been growing steadily over the years, the farmers in the coastal districts of Chattogram and Cox’s Bazar are apprehensive over whether their meagre profits would get any better.

Removing irregularities from safety net schemes aimed at alleviating poverty could help pull 1.07 crore people out of hardship without spending any additional cost, according to speakers at a webinar.

A Singapore-bound container vessel has remained stranded in the Bay of Bengal for the last seven days on sustaining damage in a collision with an oil tanker, leading to uncertainties over shipment of its cargo.

Bangladesh Bank yesterday asked banks to track shipments of goods which are exported with a view to tackling trade-based money laundering.

Despite offering the scope to legalise black money without asking any questions, the National Board of Revenue (NBR) received very poor responses from taxpayers in the current fiscal year of 2021-22, official figures showed.

When the stock market goes through a bearish trend, the regulator usually prods institutional investors, mostly unofficially, to pour money to revive it and some of them respond positively.  

Bangladeshi entrepreneurs are keen to invest in India particularly in West Bengal, Commerce Minister Tipu Munshi said today.

The Bangladesh Bank today asked banks to track shipments of exported goods to stop trade-based money laundering.

The Bangladesh Securities and Exchange Commission (BSEC) has increased the circuit breaker limit to 5 per cent from the existing 2 per cent with effect from tomorrow.

Stocks in Dhaka bourse continued to rise for the second consecutive day today.

The budget of the upcoming fiscal year will be presented on the national parliament on June 9, Finance Minister AHM Mustafa Kamal said today.

The effects of the war will propagate far and wide, adding to price pressures and exacerbating significant policy challenges.

The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain disruptions.

Public expenditure for development programmes gained pace in March this fiscal year, taking the overall implementation rate to a three-year high of 45.5 per cent, according to official data.

The Bangladesh Bank yesterday relaxed the rescheduling policy for short-term farm loans to support farmers in the wake of rising prices of agricultural items in the global market.

Stocks in the Dhaka bourse returned to the black yesterday on falling by a massive extent for the past two days while turnover rose 53 per cent.