The stock market fell today just after passing a day in the black due to the profit-booking tendency among investors.

Prime Minister Sheikh Hasina has termed Bangladesh's membership in the New Development Bank as a time-befitting achievement that will open a new avenue of foreign financing.

Garment makers have urged transportation service providers to refrain from announcing protests such as strikes that disrupt the country’s international trade  to allow the economy to recover from pandemic-induced losses.

The commerce ministry will form a committee to make recommendations on the formulation of a law, authorised by which the ministry will introduce an e-commerce regulatory authority to safeguard interests of all parties involved.

The government is planning to run a trial of 5G technology through Teletalk on December 12 or 16 this year, said Mustafa Jabbar, minister for posts, telecommunications and information technology, yesterday.

Bangladesh will have to pay $188.4 million to the New Development Bank (NDB) as paid-up capital for being a member of the new international lender.

Default loans recovery in Bangladesh fell to at least a five-year low of Tk 6,922 crore in the last fiscal year as borrowers struggled to pay back amid the economic slowdown caused by the coronavirus pandemic.

There is no need to form a separate regulatory body for the e-commerce sector as the existing legal framework is sufficient to ensure discipline, said industry stakeholders yesterday.

The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support Bangladesh’s economic recovery following the Covid-induced pandemic. 

Stock markets mostly dropped Friday, as traders closed out a largely positive week for global equities by booking profits on renewed concerns over troubled Chinese property developer Evergrande.

Nepal has restarted visas on arrival for vaccinated tourists as South Asian nations attempt to revive tourism businesses devastated after 18 months of the pandemic.

Dhaka and Beijing should build a comprehensive trade partnership in order to facilitate Bangladesh’s economic development, said speakers at a webinar held yesterday.

Stock investors in Bangladesh are being cautious about pouring their money into the market as its prime index is hovering at a record high.

There are ways for online shoppers to get back their money stuck with some e-commerce platforms under the existing laws. But they will have to abandon the hope of retrieving all of their funds, said a legal expert.

Bangladesh is going through the demographic window of opportunity, which requires precise steps and strong economic and social policies to realise the dividend, analysts said in a webinar today.

Bangladesh has a terrific opportunity to remain a force in global trade as the garment industry is on the rise with high global demand for the locally made apparel items, said Jens Helmersson, one of the founders of Swedish research firm Quizrr.

The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support Bangladesh’s economic recovery following the Covid-19 pandemic.

The commerce ministry is going to form a new committee to seek recommendations for making the law on e-commerce regulatory authority to safeguard the interest of the consumers and merchants.

Prime Minister Sheikh Hasina, while speaking at a press conference after a civic reception in New York, urged Bangladeshi expatriates in the USA to take her government’s attractive offers and invest in their motherland.

Union Bank Limited has suspended three officials of its Gulshan branch over a liquidity shortage of Tk 19 crore in its vault.