Despite taking aggressive measures to import rice in the last three months, the government has so far failed to replenish the country’s depleting grain stocks.

An acute gas crisis has continued to severely impact production in textile and garment factories not only in Narayanganj and Narsingdi but also in the country’s largest industrial belt of Gazipur and Maona.

In Thailand, it’s the all-important tourism sector that has jumped to the head of the Covid-19 vaccination line, with the country’s most popular resort island embarking on a mass inoculation programme two months ahead of the rest of the country.

Bangladesh is unlikely to reduce incentives on exports of jute goods, Commerce Minister Tipu Munshi said yesterday.

Banks can now declare a maximum of 30 percent dividend including 15 percent cash for shareholders after meeting the compliance requirements of Bangladesh Bank.

Bangladesh’s steel export, mainly semi-finished casting products, leaped 82.91 per cent year-on-year during the July-January period of the ongoing fiscal, interestingly coinciding with the ongoing pandemic-induced economic slowdown.

For the first time, the National Board of Revenue (NBR) held a lottery today with the receipts generated through electronic fiscal devices (EFDs) against purchases made by consumers from stores.

A postgraduate in Accounting from the University of Dhaka, Mr. Mamoon Mahmood Shah started his banking career as Probationary Officer of IFIC Bank Ltd. Mr. Mahmood joined NRB Bank Limited as Additional Managing Director in 2019. He has to his credit a wide range of banking experience of more than 30 years which includes serving in key positions in a number of both local and multinational banking institutions such as EBL, HSBC, Standard Chartered, ANZ Grindlays, etc. He also held the position of MD & CEO of ICB Islamic Bank, National Finance Ltd., and GSP Finance.

Earnings from merchandise exports fell 4.99 per cent year-on-year to $3.43 billion in January because of slower recovery of garment shipment from the pandemic-induced business slowdown, official data showed yesterday.

The World Bank will provide Bangladesh with USD 500 million for developing rural connectivity, market, and logistic infrastructure in light of the economic prospect created with the construction of the Padma Bridge.

Import and export between Bangladesh and India through the Benapole land port have been suspended since this morning due to a strike called by Petrapole port workers.

Bangladesh Commerce Minister Tipu Munshi today demanded that Pakistan withdraws the anti-dumping duty on export of hydrogen peroxide for greater bilateral trade between the two countries.

The Vulnerable 20 Group of Finance Ministers (V20) have highlighted mounting pressures to their economies amidst climate disasters and the Covid-19 pandemic during the inaugural Global Climate Adaptation (GCA) Summit.

Bangladesh’s jute industry is passing exceptional times.

The local market has emerged as a saviour for ceramics makers as the recovery in construction activities pushed up demand, helping manufacturers make a turnaround from the pandemic-induced losses amid a consistent fall in exports.

Md Mokammel Hossain has taken charge as the new secretary of the Ministry of Civil Aviation and Tourism.

The real estate and housing industry passed a relatively good year thanks to policy support for purchasing property with untaxed income as well as cheap bank loans.

Merchandise shipment declined 0.36 per cent year-on-year to $19.23 billion in July-December 2020 as Bangladesh’s major export destinations continued to struggle to tame the rising coronavirus infections, official data showed.

Stock market index jumped by over 100 points today within two hours of the day’s trading.

State Minister for Civil Aviation M Mahbub Ali today said that work is underway to operate flights 24 hours a day at all airports in the country.