Can borrow 50% of the money deposited as subscription fee

The exchange rate gap in the official and unofficial channels in Bangladesh has started to widen after a few months of lull as the US dollar is getting costlier in the informal market, a development that may adversely impact the remittance flow.

Australia will continue to provide duty free access to Bangladesh’s products even after it makes the LDC graduation in 2026, said a top leader of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday. 

Brac Bank has been provided a “B+” credit rating with a stable outlook by S&P Global Ratings. 

AIBL Capital Market Services Ltd received Tk 28 crore from the Investment Corporation of Bangladesh (ICB) yesterday to support small investors affected in the stock market.

Bank Asia Limited, in collaboration with Bangladesh Financial Intelligence Unit (BFIU), has arranged a training programme on “Prevention of Money Laundering and Terrorist Financing” at Brac Learning Centre, Kalasgram in East Pangsha, Barishal recently.

US Commerce Secretary Gina Raimondo arrived in Beijing late on Sunday for a four-day visit aimed at boosting business ties between the world’s two largest economies while declaring American national security trade measures off-limits for debate.

Eastern Bank Ltd (EBL) has decided to sell 2.8 acres of land in the Purbachal area of Gazipur and the capital’s Bashundhara to adjust its fixed asset-to-paid-up capital ratio.

Three subsidiaries of Intraco Refueling Station Limited are going to be merged with their parent company. 

Bogra Motors Pvt Ltd, a factory located in the Bangladesh Small and Cottage Industries Corporation’s (BSCIC) industrial estate in Bogura, has achieved a remarkable feat as it can produce filters that can be used in automobiles both at home and abroad.

Wheat consumption for food, seed and industrial use is likely to increase from higher imports and a rebound in demand for flour for a fall in its prices, forecasts the US Department of Agriculture (USDA). 

The mobile financial service providers can charge a maximum of Tk 0.7 for every Tk 100 deposited by the policyholders of the Universal Pension Scheme (UPS) as subscription fees to the pension authority.

Sugar prices have risen globally over the last couple of months

The assurance came from a meeting between the BGMEA and the Australian government's Department of Foreign Affairs and Trade in Canberra in July 21 this year

The Bangladesh Bank says in a circular

Korean envoy calls on BGMEA president

The market for corrugated iron (CI) sheets is expanding in Bangladesh thanks to the availability of more durable and coloured versions of the product, according to industry insiders.

Bangladesh’s financial sector is struggling to win back people’s trust mainly due to the deterioration of some key indicators amid a lack of good governance, irregularities and lighter punishment for wrongdoers, according to analysts. 

Maersk Group CEO to meet PM Hasina

Bangladesh is expecting another $1 billion in budget support towards the end of the year in a financing arrangement led by the Asian Development Bank.