The government recently gave the go-ahead to establish an economic zone for agro-processing industries at Alaolpur union of Gosairhat upazila in Shariatpur, some 55 kilometres south of Dhaka city.

Bangladesh Bank yesterday asked foreign exchange houses in the country to not sell US dollars to banks for more than the recently fixed rate of Tk 110.50 per greenback.

Remittance through formal channels will likely fall in the days ahead as Bangladesh Bank yesterday asked foreign exchange houses to follow the rate set by banks, according to officials of exchange houses.

The phrase “Cash is King” became widespread during the financial crisis in 1987, courtesy Pehr G Gyllenhammar, the then CEO of Volvo. The statement signifies the importance of having cash on hand or instantly accessible cash, also known as free cash flow (FCF).

It made a profit of Tk 56 crore in Jul-Sep

The central bank sits with top 10 foreign exchange houses

State-run sugar mills have started crushing locally-grown sugarcane, aiming to produce 33,000 tonnes of sugar in the current fiscal year of 2023-24, said a top official.

Payments against claims of around 10 lakh policyholders are hanging in the balance as 29 life insurance companies are not clearing dues owing to a liquidity crisis, official figures showed.

Bangladesh's ready-made garment sector, a cornerstone of its export earnings, faces substantial trade preference erosion upon graduation from least developed country (LDC) status, said Mohammad Abdur Razzaque, chairman of the Research and Policy Integration for Development (RAPID) Bangladesh, at a seminar yesterday.

A delegation of the European Union (EU) arrived in Dhaka today to have discussions with relevant stakeholders on the country's labour sector

The government today published the gazette on the recently declared minimum wage for garment workers, setting the monthly pay at Tk 12,500 and reducing the number of grades to five from seven.

An open auction will be held for The Tk 4.29 crore worth goods tomorrow

It dropped to as low as Tk 123 this evening

About 1.19 crore people in Bangladesh experienced high levels of acute food insecurity from May to September this year despite record cereal harvests in 2022 and 2023, said the Food and Agriculture Organisation (FAO) in a report on Friday.

Sugar prices have gone up in Bangladesh in the past one week owing to its spike in the global markets and higher US dollar costs and supply crunch at home.

Private investment in data centres is on the rise in Bangladesh to serve the growing demand for storing, processing and managing digital data generated thanks to the boom in internet use and digitalisation of services.

Bus operators have become helpless after repeated blockades not only dented their businesses but also created worries of losses owing to vandalism and arson attacks on their vehicles, said a top inter-district bus operator.

The deceased were: Anjuara Khatun, Rasel Hawlader and Md Imran

Marriott Bhaluka will have soft launch in March 2024

The National Advisory Board organised International Impact Investment Summit on November 10