The government has formulated a guideline for the commercial cultivation of non-native vannamei shrimp in a bid to increase export earnings from the sector, strengthen its presence in international markets and improve domestic supply.

The central bank has said the government will have to borrow more from non-banking sources to finance its expenditures in a bid to rein in higher inflationary pressures as the latter’s bank borrowing surged.

The Bangladesh Securities and Exchange Commission has approved an open-ended mutual fund named UCB Income Plus Fund worth Tk 50 crore.

Prime Minister Sheikh Hasina yesterday emphasised on enhancing economic cooperation between Bangladesh and Vietnam for the mutual benefit of the two countries. 

Asian Development Bank (ADB) is working to provide around $2 billion in budgetary support to Bangladesh this fiscal year in a co-funding initiative it plans to lead, a move that would to some extent relieve the existing pressure on the foreign exchange reserve. 

The government has decided to revise its contract with Jan De Nul, which was appointed for capital dredging of Payra Port’s Rabnabad channel, as the Belgian company has completed the work ahead of schedule.

The Bangladesh Securities and Exchange Commission (BSEC) has given go-ahead to mutual funds to invest up to 80 per cent of their funds in the stock market.

The government has awarded Summit Communications and Fiber@Home the task of providing high-speed internet connections in 2,600 unions across Bangladesh.

Bangladesh’s apparel export to the European Union increased 35.69 per cent year-on-year in 2022, according to data from the Eurostat.

A college friend who was once an outstanding student failed to do well in his IT career. His family of two university students barely managed with his single income until the pandemic.

The Directorate of National Consumers Right Protection (DNCRP) would close the outlets of fashion brands for a temporary period if it finds any price gun machines during drives, officials of the watchdog said yesterday.

The National Board of Revenue (NBR) has made electronic payment mandatory for all types of taxes in order to ensure real-time receipt and improve government’s overall cash flow.

Major indices of the stock market in Bangladesh have maintained a flat trajectory for about eight months now, providing little scope for investors to register gains or even losses.

Private sector credit growth in Bangladesh slowed further in February owing largely to a tight liquidity situation in the banking sector amid falling deposits growth, the decline in demand for imports, and the rise in the cost of funds.  

Brac Bank’s SME business is taking steps towards reducing paper usage and promoting environmental sustainability by adopting various digital processes.

Major indices of the stock market in Bangladesh have maintained a flat trajectory for about eight months now, providing little scope for investors to register gains or even losses.

Brac Bank and Nucleus Software Exports Ltd have jointly won a “Best Implementation in Transaction Banking” award at IBS Intelligence Global FinTech Innovation Awards 2022 for FinnAxia, a transaction banking and supply chain finance solution for small and medium enterprises. 

Wahida Begum has joined Agrani Bank Limited from Ansar-VDP Unnayan Bank as a deputy managing director (DMD) on Tuesday.

From the beginning of March, bankers have been paying Tk 104 for a dollar to exporters.

Ahmed filed a lawsuit against the telecom operator, its board chairman and former group CEO seeking Tk 227 crore in retirement benefits and compensation for ‘wrongful dismissal'