Bangladesh yesterday released two varieties of a genetically modified (GM) cotton for domestic cultivation, aiming to increase yields and reduce import dependence. 

Bengal Commercial Bank recently signed an agreement with NEC Money Transfer Ltd on remittance services.

Abdus Samad Labu has been elected as the chairman of Al-Arafah Islami Bank Ltd (AIBL) in the 390th meeting of the board of directors of the bank yesterday.

Dhaka Bank Ltd recently distributed improved seeds and agrichemicals, including fertilisers and pesticides, among 500 marginal farmers of Shailkupa upazila of Jhenaidah district as part of its corporate social responsibility programmes.

Crown Cement PLC has decided to purchase fly ash from the Matarbari 2x600 MW Ultra Super Critical Coal Fired Power Plant to ensure smooth and regular production of cement.

The diverse functionality of mobile phones is enabling people in Bangladesh to access information from various virtual platforms and thereby educate themselves on just about any topic, reducing illiteracy rates in the process.

Life insurer MetLife Bangladesh has settled Tk 1,537 crore worth of claims in the first six months of this year.

Genex Infosys Ltd, Navana Pharmaceuticals Ltd and Aramit Ltd have decided to invest in the proposed digital bank UPAY Digital Bank PLC.

Universal Pension Scheme (UPS) is an opportune and pro-people move of the government looking to ensure inclusive and sustainable social safety net for the greater socio-economic development. The move will create a new era in the economic history of Bangladesh.

Loans, leases and investments extended by non-bank financial institutions (NBFIs) to ship manufacturers could be rescheduled for up to 10 years as the central bank took the initiative to help beleaguered borrowers resume making installments.

Bangladesh released two varieties of a genetically modified (GM) cotton for domestic cultivation, aiming to increase yields and reduce import dependence. 

Although Bangladesh produces enough onion, a significant portion is imported each year to meet domestic demand

A joint venture consortium agreement will be signed

DU Professor Khorshed Alam says at BIDS seminar

Life insurer MetLife Bangladesh has settled Tk 1,537 crore worth of claims in the first six months of this year.

The SME Foundation has established a common facility centre (CFC) for shoemakers in Kaluhati village under Rajshahi’s Charghat upazila, a move that is expected to help businesses improve the quality of their products.

Zakir Hossain, a resident of Swajanpur village under Phulbari upazila of Dinajpur, has succeeded in cultivating date palm trees on his native soil, paving the way for other youths in the area to try their hand at farming the fruit.

Investment has dried up in Bangladesh’s dyeing sector, a vital cog in the textile and apparel supply chain, owing to the dragging gas shortage despite higher demand for fabrics from local garment exporters, industry people say.

SBAC Bank Ltd has elected a new chairman at a meeting of its Board of Directors last week. 

Brac Bank’s consolidated net profit after-tax (NPAT) grew by 75 percent supported by strong balance sheet growth in the first half of 2023.