Ten banks in Bangladesh collectively faced a capital shortfall of Tk 34,639 crore in December, which highlighted their fragile health caused by years of irregularities.

Protecting purchasing power of the left behind and financially insolvent people is the prime concern and for that the government should stabilise prices of basic necessities and improve employment opportunities, said economist Debapriya Bhattacharya.

Shipment of readymade garments from Bangladesh to Russia and the payments from the buyers are declining day by day as the country’s war against Ukraine rages.

Bangladesh has urged the Food and Agriculture Organization (FAO) to mobilise more resources to developed new crop varieties and innovate new technologies to tackle climate change’s impacts in the Asia Pacific region.

Bangladesh Bank yesterday asked banks to fulfill their lending targets under a second round of a dedicated stimulus package for cottage, micro, small and medium enterprises.

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.

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.

The Bangladesh Bank today asked banks to fulfil their lending target under the stimulus package dedicated to the cottage, micro, small and medium enterprises (CMSMEs) within the deadline this fiscal year.

Russia announced Thursday an export ban on more than 200 types of foreign-made products and equipment until the end of the year, part of Moscow's response to sanctions imposed over the Ukraine conflict.

Bangladesh Competition Commission has formed a three-member committee to find out edible oil price manipulation practices in the local market.

The government should increase supply of products in fair price through the Trading Corporation of Bangladesh to give a respite to the limited income people who are suffering from high cost of living, said economist Debapriya Bhattacharya.

Stocks rose for the third consecutive day today amid the buying spree among investors.

Prime Minister Sheikh Hasina today said food security is surely the most pressing issue for the people in Asia and the Pacific region. She was virtually addressing the inaugural session of the meeting of ministers in the 36th Regional Conference for Asia and the Pacific of the UN's Food and Agriculture Organization (FAO).

The Bangladesh Jewellers Association (BAJUS) is going to host a three-day “Jewellery Expo-2022” from March 17 for the first time.

The hard-rock mined by Maddhapara Granite Mining Company Limited (MGMCL) in Parbatipur upazila of Dinajpur is getting costlier for end-users as dealers are charging higher rates than that of the state-run company.

The price of aluminium products in the domestic markets has increased abnormally in the last couple of weeks due to the rising cost of raw materials at the international level, according to industry insiders.

Stock market analysts have questioned the market intervention of the Bangladesh Securities and Exchange Commission (BSEC) to stop the freefall of stocks as the decline is not unique to Bangladesh as markets are bleeding across the country due to tensions over the Russian-Ukraine war, runaway oil prices and surging inflation. 

Soybean oil imports, both in crude and seed forms, declined marginally in Bangladesh in the current fiscal year as businesses are cautious in buying the raw materials at higher volumes despite surging prices of edible oil locally amid concerns that higher prices would drive down consumption.

Padma Bank yesterday witnessed the appointment of a managing director and chief executive officer for a three-year term.