Bangladesh’s trade deficit hit an all-time high of $22.27 billion last fiscal year due to a rise in commodity prices in the global market.

Inflation in Bangladesh dropped 28 basis points to 5.36 per cent in July on the back of associated decreases in both food and non-food items, easing pressure on the wallets of consumers.

The dispute between garment and spinners over the prices of yarn could be resolved amicably after both sides softened their stances, in relief for Bangladesh’s apparel industry rebounding from the pandemic-induced shipment collapse.

Prime Bank has retained its credit ratings for the long and short terms.  Emerging Credit Rating provided the “AA” and “ST-2” ratings respectively, valid till June 30, 2022, terming the associated outlook “stable”.

Al-Arafah Islami Bank (AIBL) has recently witnessed the election of a chairman and vice-chairman. 

Stocks dropped yesterday following a six-day rally as many investors tried to book profits. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down 10 points, or 0.15 per cent, to 6,617.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday formed a four-member committee to probe the recent unusual price hike of nine listed companies.

Car importers and retailers in Bangladesh are in a tight spot as they are finding it difficult to keep businesses running because of the plunge in sales caused by the second wave of coronavirus infections.

The government has decided to publish the data for the gross domestic product (GDP) on a quarterly basis, a senior official said yesterday.

All shops, shopping malls and markets will reopen from tomorrow maintaining the health guidelines.

Stocks fell today after rising for six consecutive days.

Inflation dropped 28 basis points to 5.36 per cent in July.

Bangladesh Securities and Exchange Commission (BSEC) today formed a four-member committee to probe nine listed companies' unusual price hike in the recent time.

Dhaka Stock Exchange (DSE) registered a turnover of Tk 2,939 crore yesterday, its second single-day highest following the record Tk 3,249 crore of December 5, 2010.

Vegetable farmers in Khulna are being unable to secure fair prices for their produce as the ongoing coronavirus crisis has disrupted the supply of these crops to different parts of the country, including Dhaka.

Banks and the stock market will return to their normal activities from tomorrow as the government looks to partially reopen the economy despite a surge in coronavirus infections.

Local traders have started importing green chilli from India after the commerce ministry granted permission in this regard in a bid to bring down the skyrocketing prices of the widely used spice in Bangladesh.

Bangladesh Bank yesterday showed little interest in mopping up excess liquidity from the banking system as it withdrew only 38 per cent of funds attracted from banks through an absorbent instrument.

The government is going to set up the country’s biggest solar power plant in Madarganj upazila of Jamalpur, in a move to raise the share of renewable energy in total power generation to 10 per cent by 2025.

Global shares treaded water on Monday as sharp falls in gold and oil  prices briefly spooked sentiment, while the US dollar reached four-month  highs on the euro after an upbeat US jobs report lifted bond yields.