Thousands of farmers in the southwestern region of Bangladesh are benefitting from cultivating jujube as the fruit offers better profits within a shorter period of time compared to other crops.

Shows the Agility Emerging Markets Logistics Index 2023

Around 70 per cent of listed companies in Bangladesh either suffered losses or witnessed lower profit in the July to December period of the current financial year due to the surge in production costs, the sharp depreciation of the local currency and lower consumption.

Alhaj Textile Mills, a listed textile maker, has ended up suffering a loss in the July-December period of fiscal year 2022-23 due to increases in the prices of raw materials and costs rising in several of its operational segments. 

Global energy prices dropped 8.9 per cent in January, led by a 44 per cent decline in natural gas in Europe and a 16.1 per cent fall in coal, the World Bank’s Pink sheet reported.

GPH Ispat Ltd suffered losses in the second quarter of the current financial year owing to the significant depreciation of the local currency and the power shortage that raised the cost of production.

Bangladesh Bank has made securing a banking diploma mandatory for bankers to get promoted to senior officers and above in order to increase their skills and efficiency.

In a bid to gear up digital transactions, banks and financial institutions have been asked to replace their proprietary QR codes within June with a uniform one developed earlier by the Bangladesh Bank.

British High Commissioner to Bangladesh Robert Chatterton Dickson visited Danga Industrial Park of Pran-RFL Group in Narsingdi’s Danga on Monday. 

A three-day orientation programme organised by Bank Asia for newly appointed tellers and front desk officers at the Bank Asia Institute for Training and Development in Lalmatia, Dhaka ended on Tuesday. 

Greener trade and investment are crucial to tackling climate change in Asia and the Pacific and will require governments in the region to work together more closely, according to a new report by the Asian Development Bank (ADB).

Ali Reza Iftekhar, managing director and CEO of Eastern Bank, has been presented the “Best Banking CEO of the Year, Bangladesh 2022” award by Singapore-based business magazine World Business Outlook.

Standard Chartered and Channel i will host the finale of the eighth edition of “Standard Chartered - Channel i Agrow Award” in coming March. 

Bangladesh has to rely on imports to meet about 15 per cent of the demand of the spice market, which highlighted the foreign currencies the country has to spend to bring in the items as well as the potential for local production.  

Tea garden owners in Bangladesh that play an exemplary role in the industry and thereby further the country’s economy will now be recognised for their efforts, according to a gazette notification from the commerce ministry.

According to World Bank’s Pink Sheet, a monthly report that monitors commodity price movements

Bangladesh Bank has made securing the banking diploma mandatory for bankers to get promoted to senior officers and above

Bangladesh has ranked 35th out of 50 countries in the Agility Emerging Markets Logistics Index 2023, the lowest among South Asian countries.

Bangladesh’s stocks rose slightly in the morning session today.

Says Meghna Bank MD and CEO Sohail RK Hussain