Dhaka stocks returned to the positive territory today after falling for two days.

Businesses dependent on the import of raw materials are facing increasing shipping costs, which are fuelling their cost of production, and the burden is being passed onto consumers, resulting in a hike in prices.

The luxury hotel business in Bangladesh bounced back strongly in the first half of the current financial year as people have started to travel and host public events with the easing of coronavirus restrictions.

The key index of the Dhaka Stock Exchange (DSE) dropped for the second consecutive day yesterday as cautious investors booked profits.

General Motors, popularly known as GM, had been the largest seller of vehicles in the United States from 1931 to 2020. The Detroit-based automaker dethroned Ford back in 1931 to clinch the number one position.

Bangladesh Bank yesterday gave a remedy to the defaulters of non-bank financial institutions (NBFIs), saying the borrowers could get a waiver of 50 per cent on their interest amount if they repay loans within a year.

From now on, no charges or fees can be imposed on customers before the activation of credit cards, Bangladesh Bank said in a notice yesterday.

Harvested rainwater currently meets 15 per cent to 60 per cent of the demand for non-drinkable water at textile and garment factories, helping the industry further its green movement by reducing dependence on groundwater, according to a study released yesterday.

Bangladesh Bank today fixed the instruments which will be considered as stock market investment for non-bank financial institutions.

Non-bank financial institutions and government entities can now extend mobile financial services (MFS) along with banks, according to a Bangladesh Bank circular released today.

The harvested rainwater meets minimum 15 per cent and up to 60 per cent demand for non-drinkable water in the textile and garment factories, which is helpful for greening the industry and cutting its overdependence on groundwater, a study finds.

The index of the Dhaka Stock Exchange (DSE) dropped today for the second consecutive day when the turnover also fell.

The Board of Trustees of the Asian University for Women (AUW) in Chattogram appointed Rubana Huq as the vice chancellor of the university with effect from today.

IFIC Bank is set to sell its entire holding of Nepal Bangladesh Bank Ltd (NBBL) to a Nepalese national for Tk 439 crore.

Saif Powertec, a logistics and container supply chain management provider, is building a multipurpose jetty at the Mongla port with an estimated investment of around Tk 1,600 crore to handle both container and cargo ships, said officials yesterday.

Doreen Power Generations and Systems Limited yesterday announced that its subsidiary, Chandpur Power Generation, has completed a 100-hour reliability run test as per the power purchase agreement signed with the Bangladesh Power Development Board.

Major indices of the stock market dropped yesterday as investors opted to take profits, effectively ending a four-day gaining streak.

Purchases through mobile financial services (MFS) increased significantly in December as people are getting more prone to using digital means for availing necessities.

Md Habibur Rahman, the new chief economist of Bangladesh Bank, said that he would give utmost priority to addressing the challenges that arose from the coronavirus pandemic.

Bangladesh has turned into a major sourcing hub for uniforms for the military, navy, air force, fire brigade and police for countries around the world as local garment manufacturers have enhanced their capacity and diversified products.