Banks in Bangladesh are less keen on giving out loans under the second round of stimulus packages as many clients are in trouble to pay off their current debts, a development that may hurt the economic recovery.

Online marketplace Daraz Bangladesh has taken huge preparations for the biggest one-day sale campaign “Eleven Eleven” to keep its promise to present with the best customer and seller support.

The Bangladesh Association of Construction Industry (BACI) has urged the authorities concerned to adjust the prices of ongoing government funded projects through a special circular to help them recover from the losses caused by the high prices of raw materials.

Bangladesh's stock market bounced back today after a two-day fall.

The Digital Commerce Cell (DCC) plans to propose issuing unique business identification number and introducing a central complaints management system and a central logistic tracking platform to streamline the e-commerce sector, DCC Chief AHM Shafiquzzaman said today.

Though the strike involving public transport was withdrawn on Sunday evening, the owners and workers of vehicles engaged in transporting goods continued to enforce their countrywide protest as of yesterday evening, taking a toll on export, import and trade.

The International Monetary Fund will inquire about Bangladesh’s progress in reforming the local banking and subsidy sectors as well as ongoing vaccination drive as it is set to hold its first dialogue with the government since the coronavirus outbreak.

The Bangladesh Bank has imposed a fine of Tk 10 lakh on Southeast Bank for breaching rules by making an excessive amount of investment in a single company in the stock market.

Bangladesh’s stock market continued to bleed yesterday as the benchmark index fell to a three-month low while investors wait in the sidelines in fear of further decline.

The government plans to start branding shatranji and locally grown black tiger shrimp (or Bagda chingri in Bangla) as GI products to amplify their popularity in Europe, the biggest market for Bangladesh’s exportable products.

The commerce ministry yesterday formed a six-member committee to review the existing formula, which the government has been following since 2011 to fix the prices of basic commodities.

Kido Dhaka Company Ltd, a Dhaka-based South Korean company, is going to establish a high-end garments and sportswear manufacturing industry at Adamjee Export Processing Zone with an investment of $31.17 million.

The construction cost in Bangladesh has gone up by 20 per cent in the past year because of the surge in the price of raw materials, which could affect the implementation of development projects, said industry people. 

The newly formed five-member Evaly board today sealed off four of it warehouses in Savar.

The commerce ministry today formed a six-member committee to review the existing formula, which the government has been following since 2011 to fix the prices of basic commodities.

Aziz Pipes, a listed PVC product producer, closed its factory due to the lack of working capital, financial crisis and liable loan, raw material crisis and lack of reserve.

South Korean company Kido Dhaka Co Ltd is going to establish a high-end garments and sportswear manufacturing industry in Adamjee Export Processing Zone with an investment of $31.17 million.

The stock market continued to bleed today as the benchmark index of the Dhaka Stock Exchange (DSE) slid to a three-month low.

Consumers Association of Bangladesh today demanded that the government scrap its decision of hiking diesel and kerosene price.

Bangladesh Bank has sent letters to all banks and non-bank financial institutions directing to disregard the corporate governance code issued by the Bangladesh Securities and Exchange Commission (BSEC) in 2018 if it contradicts central bank directives.