Sugar prices have risen at wholesale and retail markets in Dhaka and Chattogram due to an ongoing supply crunch.

The taka has lost its value further against the US dollar after the Bangladesh Bank sold the greenback at Tk 104.5 as the foreign exchange reserves keep falling.

Exports and remittances, two major sources of foreign currencies for Bangladesh, plunged in April, a bad omen for the economy as it deals with multiple challenges, including a dollar crisis, an elevated level of import costs and falling reserves. 

Romo Rouf Chowdhury has been re-elected as the chairman of Bank Asia Limited at a meeting of the board of directors held on April 30, 2023.

NRB Commercial Bank Limited posted a 14.35 per cent year-on-year decline in profit to Tk 193.48 crore in 2022 owing to an additional provision that was set aside and an extra tax burden.

National Bank Ltd suffered more than Tk 3,200 crore in loss in 2022 owing to the waiver in interest and the decrease in interest incomes for rising non-performing loans.  

The Bangladesh Bureau of Statistics (BBS) is taking necessary preparations to publish quarterly reports on the country’s gross domestic product (GDP) from next year.

Bangladesh’s exports to India may increase by 300 per cent in a year if the multimodal transport connectivity, including roads and highways, waterways, coastal shipping and railway, can be optimally utilised, said Pranay Kumar Verma, Indian high commissioner to Bangladesh, yesterday.  

Sumit Podder has joined Bangladesh Finance Capital, a subsidiary of non-bank financial institution Bangladesh Finance, as managing director (MD) and chief executive officer.

Bangladesh General Insurance Company has recently appointed a new additional managing director (AMD). 

A team of staff of the IMF is now visiting Bangladesh

The central bank devalued the local currency Tk 103 from Tk 102 in the first week of April.

Chowdhury is one of the sponsor shareholders as well as sponsor directors of Bank Asia

The company's profit stood at Tk 9.87 crore in the January-March quarter of 2021-22

The index rose for nine consecutive days before falling for a day on April 30

Migrant workers sent home $1.68 billion in October

It hit $30.92b on April 30, down from $44.01b on same day a year ago

The decision was taken to meet IMF's $4.7 billion loan conditions

The Dhaka Stock Exchange (DSE) was almost flat in the morning trade today.

The 16-year-old schoolboy from Faridpur Sadar upazila now earns at least Tk 80,000 per month through fish farming.