Oil rose almost 3 per cent on Wednesday, back above $100 a barrel, recovering from a decline in the previous session as concern eased about slowing demand in China, although signs of progress in Russia-Ukraine peace talks limited gains.

The government should take up an effective plan to ensure eco-friendly development and reshape current growth to one that is sustainable, analysts said yesterday.

The National Board of Revenue (NBR) yesterday cut value added tax (VAT) at imports of edible oil to 5 per cent from 15 per cent in line with the government’s decision to reduce the indirect tax to give some relief to consumers.

Stockbrokers in the county should ensure proper monitoring of their own activities as the continued misuse of investor funds could lead to poor confidence in the market, according to top officials of the Bangladesh Securities and Exchange Commission (BSEC).

Dhaka Bank inaugurated the “Dhaka Bank Mujib Corner” to mark the birth centenary of Bangabandhu Sheikh Mujibur Rahman in the month of independence.

Bank Asia launched “Neelima”, a platform for the development of women entrepreneurs, on the occasion of International Women’s Day 2022 at the bank’s corporate office in Dhaka on March 8.

Fahmida Khatun, executive director of the Centre for Policy Dialogue, has been made a member of the high-level advisory board on the productive capacities index (PCI) of the United Nations Conference on Trade and Development (UNCTAD).

Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets.

The Bangladesh Securities and Exchange Commission (BSEC) has decided that it will take action against listed companies that fail to show an accurate account of undistributed dividends.

Financial wellness platform Wagely has announced raising $8.3 million or Tk 71 crore in an oversubscribed pre-series A funding in an effort to scale up its operations in helping workers access their earned salaries on demand.

A visiting European Union (EU) delegation yesterday expressed concerns over delays in amending a labour law meant for export processing zones (EPZs), which was also an eligibility criterion for its Everything But Arms (EBA) scheme.

The number of reports on suspicious transactions and activity received by the Bangladesh Financial Intelligence Unit (BFIU) rose 44 per cent year-on-year in the last fiscal year of 2020-21.

Medicine exports to the developed countries are steadily growing riding on the attainment of regulatory approval from the US, European and some other countries helped by Bangladesh’s capacity to produce high-quality drugs at affordable prices.

Brac Bank has launched a multi-currency debit card that enables its customers to make international transactions and purchases from global e-commerce sites.

The Bangladesh Economic Zones Authority (Beza) is set to sign a deal with Bangladesh Special Economic Zone Ltd today for faster completion of the economic zone for Japanese investors on the occasion of the 50th anniversary of diplomatic relations between the two nations.

Robi posted 3 per cent rise in its earnings in the financial year ended on December 2021, said the second largest mobile phone operator in a disclosure yesterday.

The establishment of the diplomatic mission of Romania in Dhaka will foster trade and investment between the two countries and pave the way for exporting skilled workforce to the European nation, speakers said yesterday.

Robi posted 3 per cent rise in its earnings in the financial year ended on December 2021, the country’s second largest mobile phone operator said in a disclosure today.

The apparel manufacturers today urged the Trading Corporation of Bangladesh to arrange 40 trucks to sell goods especially to the garment workers at lower prices for their relief from the skyrocketing prices of some basic commodities.

Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has urged the government and other related agencies to keep business leaders in the fold when working to protect consumer rights.