Bangladesh has finally become a member of the New Development Bank (NDB), which was launched in 2015 by Brazil, Russia, India, China and South Africa, collectively known as Brics, according to a statement of NDB.

Mitsubishi Motors yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study on establishing a production unit in Bangladesh by 2025 as the Japanese multinational automotive manufacturer looks to expand its footprint in South Asia.

Nagad, the mobile financial service (MFS) wing of Bangladesh Post Office, has till date launched 599 service points, with at least one in every upazila of the country, to resolve problems faced by customers. 

IDLC Finance has launched a “digital savings scheme” through bKash accounts at its Gulshan corporate head office recently.

US factory activity continued to expand in August but manufacturers struggled with ongoing supply chain snarls while employment contracted again, according to an industry survey released Wednesday.

The stock market regulator formed a three-member committee to find a way to stop gambling with companies with small paid-up capital.

The Chattogram Stock Exchange rearranged two of its indexes—CSE-30 and CSE-50—based on the performances of listed companies.

Mitsubishi Motors Corporation (MMC), a renowned automotive manufacturer of Japan, has taken steps to conduct a feasibility study to establish an automobile assembly plant in Bangladesh.

Exports significantly rebounded in August when it increased 14.02 per cent year-on-year to $3.38 billion buoyed by garment shipment, particularly knitwear items.

The New Development Bank (NDB) -- established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 -- has enrolled Bangladesh as a new member.

Walton has signed an agreement with the Department of Environment (DoE) on the latter’s premises in the capital recently over an “HCFC Phase-out Management Plan Stage II” project. 

Sri Lanka’s drive to become the world’s first 100 per cent organic food producer threatens its prized tea industry and has triggered fears of a wider crop disaster that could deal a further blow to the beleaguered economy.

Just after completing his graduation in 1988, Selim H Rahman, chairman and managing director of Hatil Furniture, started gathering experience in the timber business and together with his father, developed an idea to manufacture doors on a commercial basis.

Bangladesh Bank yesterday said borrowers of non-bank financial institutions (NBFIs) would not become defaulters until December if they pay 50 per cent of their loans’ instalment.

Banglalink, the third largest mobile operator in Bangladesh, witnessed a 6.9 per cent rise in revenue year-on-year in the second quarter of 2021, driven by an increase in data revenue alongside the number of customers of this segment.

Junk stocks took prominent positions in the gainers’ list yesterday, when the prime index of Dhaka Stock Exchange (DSE) hit a record high.

Managements of the state-owned banks are in a state of discomfort after being informed about the Padma Bank’s wish to get merged with a state lender.

Remittance inflow declined 8 per cent year-on-year in August to $1.8 billion, the lowest in the past six months, as money transfers through informal channels such as “hundi ‘’ have increased, according to various experts.

Online marketplace Daraz has launched a special campaign to celebrate its seventh anniversary along with expressing gratitude to its customers and well-wishers.

Bangladesh stock market continued to rise for the second consecutive day and the benchmark index closed to 7,000 level today.