Bangladesh Bank today asked non-bank financial institutions (NBFIs) to refrain from making extra spending to collect deposits from people and organisations.

Stocks continued to rise for the fourth consecutive day, riding on the policy intervention of the stock market regulator to halt the falling trend of stocks.

Syed Nasim Manzur, managing director of Apex Footwear Ltd, has been elected as the new president of the Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB).

Granite extraction has been suspended in mines at Parbatipur upazila of Dinajpur for an indefinite period since around 6:00am on Saturday for a lack of explosives.

Mustard growers in Thakurgaon and Panchagarh districts are elated thanks to the higher output in the ongoing harvesting season as well as the increased price of the cooking oil owing to rising consumption amid the volatile soybean oil market.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has signed a memorandum of understanding (MoU) with the American Apparel and Footwear Association (AAFA) to reinstate GSP status in the American market for local merchandise.

Banks in Bangladesh are on the lookout for alternative ways to continue banking with Russian lenders after their transactions with seven major financial institutions came under restriction from SWIFT from yesterday following the western sanction.

Ten years past the advent of mobile financial services (MFS), over 11 crore account holders now conduct 2 crore transactions through it per day.

Anti-ulcer drugs are the top-selling medicines in Bangladesh with sales clocking more than 12 per cent growth annually since 2015 driven by unhealthy food habits, use of excess oil and spices in food preparation and food adulteration.

Bangladesh has to shift from preferential market access-driven competitiveness to skills and productivity-driven competitiveness as there will be no preference after 2026, experts said.

SME Foundation has sought Tk 200 crore from the government “to form a fund” to give out loans to small and medium enterprises (SMEs) owned by rural women for enabling continuation of operations and even expansions amidst the pandemic’s fallout.

The world economy’s fragile recovery from the Covid-induced crisis is now threatened by Russia’s war in Ukraine and soaring commodity prices.

Prime Bank recently witnessed the promotion of Sheikh Matiur Rahman to the post of deputy managing director.

Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country.

The American Apparel and Footwear Association (AAFA) has agreed to work for the promotion of Bangladesh’s garment sector so that the south Asian country can reinstate the generalised system of preferences status to the US market.

The Federation of Bangladesh Chambers of Commerce and Industry is going to set up a trade centre in Dubai to boost trade and investment with the UAE.

Mobile financial services (MFS) have tremendously benefitted people during the pandemic, former Bangladesh Bank Governor Atiur Rahman said today.

The government has introduced a loan fund worth Tk 1,290 crore to help returning migrant workers, unemployed youths and rural entrepreneurs set up new businesses.

Domestic stocks maintained an upward trend for a third consecutive day yesterday as investors continued their buying spree.

If you like the idea of putting together your own meal by picking vegetables from a field and catching fish from a nearby pond, then you would love to visit Bongaon Villa, an agro-tourism centre situated in Bhaluka of Mymensingh.