The World Bank (WB) will disburse funds for the construction of the breakwater and channel of the Bay Terminal Project in the Chittagong Port very soon, World Bank Country Director for Bangladesh and Bhutan Abdoulaye Seck said during a view exchange meeting with leaders of the Chattogram Chamber of Commerce and Industry (CCCI) yesterday.

The import tariff on raw and refined sugar was halved by the National Board of Revenue (NBR) yesterday in an attempt to contain prices in the domestic market.

Footwear giant Bata Shoe Company Bangladesh Ltd has incurred a loss in the third quarter of 2023 on generating profits in the preceding four quarters.

A vessel bound for Singapore yesterday delayed its departure from Chattogram port as a good number of its export containers failed to reach on time amid a nationwide blockade that began on Tuesday.

The World Bank has approved US $210 million for a project to improve early childhood development in Bangladesh, according to a press release.

Some 122 blocks of 50 acres each will be developed through the process

More than 82 percent of the handicraft makers in Bangladesh are struggling to run their activities due to a capital shortage, according to a survey by the Bangladesh Bureau of Statistics (BBS).

Aviation operators association tells JS body

Red Forest will produce 4.09 million pieces of wigs and carnival costume

However, they didn’t say how much the amount will be raised

Raw sugar duty now Tk 1,500 a tonne, refined sugar duty Tk 3,000

Migrant workers sent home $1.98 billion in October

If unrest hampers operation, factories will be shut, the association says

The government's expenses on interest payments rose 22.14 percent year-on-year to Tk 92,538 crore in the last fiscal year due mainly to a higher cost of borrowing.

Bankers in Bangladesh yesterday decided to further devalue taka against the US dollar to increase the flow of foreign currencies through formal channels, according to a top official of a private bank.

The transport of export and import containers between private inland container depots (ICDs) and the Chattogram port faced little disruption yesterday, the first day of the three-day blockade enforced by BNP and Jamaat-e-Islami.

Members of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will implement the new wage structure for their workers from December this year as per the recommendation of the government-formed wage board, said the trade body yesterday.

IT exports from Bangladesh rose marginally in July but it failed to live up to expectations as the sector continues to underperform compared to its peers in the rapidly expanding technology market around the world.

The Bangladesh Bank (BB) yesterday relaxed rules regarding encashment of export proceeds in the local currency, taka, in order to encourage exporters to bring receipts.

Al-Arafah Islami Bank Ltd held its 392nd meeting of the board of directors on October 30.