Mercantile Bank has recently witnessed the appointment of a new chairman to the executive committee of its board of directors.

The country's stocks dropped yesterday due to a profit booking tendency among investors while the market turnover rose.

Despite the lengthy coronavirus pandemic, 13,613 new companies were registered in Bangladesh in the just-included fiscal year, highlighting the confidence of businesses in the economy.

Bangladesh has targeted exporting $51 billion worth of merchandise and services this fiscal year.

Pharmaceutical shipments from Bangladesh grew 25 per cent year-on-year to $169 million in the last fiscal thanks to the addition of anti-coronavirus drugs to the export basket, continuous improvement of quality and policy support.

Bangladesh's imports rose sharply in the first 11 months of last fiscal year as the economy enjoyed a turnaround for the time being following the first wave of the coronavirus pandemic.

The DSEX yesterday rose to its highest point in the last three-and-a-half years thanks to increased investor participation.

Jeff Bezos has some solid timing. The founder and chief executive of Amazon.com is handing over the CEO role to Andy Jassy, head of the cloud division AWS, after a fortuitously good year at the $1.7 trillion retail giant.

Dhaka Bank Ltd has embraced technologies to make its retail and SME banking vibrant instead of relying on the corporate segment as it looks to drive the next phase of growth.

On June 23, buy orders were placed in the early hours of the trading day at the Dhaka Stock Exchange (DSE) to purchase around seven crore shares of Malek Spinning. The targeted scrips accounted for about 80 per cent of the total tradable securities of the company.

ONE Bank has recently witnessed the reelection of its chairman.

Everybody is concerned about the second wave of Covid-19. Cottage, micro, small and medium enterprises (CMSMEs) have already been affected severely. In a survey conducted by the Bangladesh Bank, 45 banks opined that SMEs were dreadfully affected by the first wave.

When the Maksud Bedding Store in Dhaka's Nilkhet area is open, Monir, an employee of the retail outlet, could make about Tk 400 for each day's work.

The demand for premium quality tiles has grown by around 10 per cent annually for the past decade thanks to a section of affluent customers who look for the finest products to decorate their homes and offices.

Mobile phone operators are seeking permission from the government to sell network-locked or fixed-SIM handsets at lower prices so that more people can afford smartphones and use 4G service.

RedDot Digital has unveiled a private equity fund worth Tk 15 crore called 'R-Ventures' to promote digital entrepreneurship in Bangladesh, according to a press release from the company issued yesterday.

A capacity building training programme was launched yesterday to support women-owned small and medium enterprises (SMEs) do business with local and multinational corporations committed to expanding inclusive sourcing throughout their value chains. 

Claims that Chinese solar firms are benefiting from forced labour in Xinjiang are unfounded and unfairly stigmatise firms with operations there, the country's solar association said.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought moratorium from Bangladesh Bank on industrial loan classification until December 31 to keep the private sector afloat during the coronavirus pandemic.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought moratorium from Bangladesh Bank on industrial loan classification until December 31 to keep the private sector afloat during the coronavirus pandemic.