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.

First Security Islami Bank Ltd (FSIBL) has taken an initiative to provide local weather forecasts to teachers of 250 schools and colleges of coastal areas in the country.

Local traders started importing green chilli from India thanks to the permission given by the commerce ministry to cool down the skyrocketing prices of the widely used spice in Bangladesh.

Turnover at the Dhaka Stock Exchange (DSE) hit a decade-high of  Tk 2,939 crore today.

Brac Bank has been named as one of the 10 recipients of a Women Enterprise Recovery Fund in the Asia-Pacific region recently. 

Europe’s banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the Covid-19 pandemic and rebounding bank profits.

As of March 2021, the total outstanding loans in the banking sector in Bangladesh stood at Tk 111,1940 crore. Out of this, an amount of Tk 95,090 crore was classified, equivalent to 8.48 per cent of the total loans.

Jute growers in Faridpur are overjoyed by the good prices for raw jute currently being offered in the local markets.

Representatives of the commerce ministry and other relevant government bodies will sit on Wednesday to decide whether to approve Evaly’s request for six months’ time to respond in detail to the show-cause notice it received.

Rawhide traders running small-scale operations are in trouble as they cannot sell their salt-cured hides at prices of their expectations due to influential traders seeking to slow the pace of purchases at this moment.

Businesses have to count 80 per cent higher cost to complete registration of a company through consultants or a third party at the Registrar of Joint Stock Companies and Firms (RJSC), according to a study released yesterday.

Bangladesh Bank (BB) yesterday asked banks not to set interest rates on fixed term deposits below the inflation rate as it yields negative returns for savers.

Bangladesh’s economy may continue to suffer under the Covid-19 pandemic throughout the current fiscal year due to vaccine shortages and the government’s incapability to enforce a strict lockdown, said a recently released Fitch Solutions report.

The commerce ministry and representatives from some government bodies will sit on Wednesday to decide whether they would provide six months to Evaly after the digital platform sought the time to respond in detail to the show-cause notice it received recently.

Apparel exporters today expressed their worry over the rising yarn prices in the local market and urged the government to take immediate steps to address the problem.

Bangladesh lags behind the south Asian peers in case of the average procedure, time and cost needed to start a business, according to a recent survey.

The budget for this fiscal has not taken proper steps to mitigate the crisis of the disadvantaged people who have been hit hard by the ongoing economic crisis, analysts said today.

The Centre for Policy Dialogue (CPD) will organise a virtual international conference to explore the country’s developments in different dimensions, including politics, economy, society and culture, as part of effort to celebrate the golden jubilee of Bangladesh's independence.

Soaring market capitalisation last week pushed Bangladesh’s stock exchange indices to their highest point since inception in 2013 thanks to increased investor participation.