Encouraged by their success in tulip cultivation last year, farmers across Bangladesh have sown the decorative plant in more areas of the country this winter season, especially in Tentulia upazila of Panchagarh.

Tea production in Bangladesh has decreased by nearly 3 per cent year-on-year in 2022.

Bangladesh’s banking sector now requires comprehensive reforms for the financial sector to become strong enough to augment a transition to an upper middle-income country by 2031, said Edimon Ginting, country director of Asian Development Bank (ADB), yesterday. 

Higher inflation, debt crisis and severe commodity price shocks are some of the major economic risks Bangladesh may face in the upcoming years, a new survey of executives warned.

Advertising agency Expressions recently celebrated 30 years of operations. 

Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said recently.

The Padma Oil Company saw a big jump in profits in the October-December period of 2022 thanks to an increase in its non-operating income and higher sales volume.

Most of the shares on Dhaka and Chittagong stock exchanges fell yesterday as investors booked profit and remained cautious as most companies reported either profit declines or losses.

Nagad has won the “Posts and Telecommunications Award 2023” for its outstanding contribution to digital innovations in Bangladesh’s mobile financial service industry.

A weeklong Expo Paint and Coating-2023 organised by the Bangladesh Paint Manufacturers’ Association (BPMA) to promote over 100 brands of paint and coating products from home and abroad ended at International Convention Centre Basundhara in Dhaka yesterday. 

Pakistan’s ministry of finance announced on Sunday petrol and diesel prices would rise by 35 rupees ($0.1400) a litre after the country’s currency value plummeted this week when price caps were removed.

China’s smartphone sales fell 13 per cent year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market research firm IDC said on Sunday.

Crown Cement PLC reported a 371 per cent surge in profit in the second quarter of the ongoing financial year on the back of higher sales.     

Two subsidiaries of Pran Group -- AMCL Pran and Rangpur Foundry Ltd (RFL) -- saw a fall in profits during the July-December period of fiscal 2022-23 due to various pressures resulting from ongoing global economic crises.

Tea production in Bangladesh decreased by nearly 3 per cent year-on-year in 2022.

Bangladeshi conglomerates counted Tk 65,000 crore in losses in the last one year because of the fall of the local currency against the US dollar, which made loans costlier amid global economic volatility, a noted economist said today.

The government has launched special programme for the deputy commissioners (DCs), under which they will have to submit innovative ideas to build smart district as part of building a smart Bangladesh.

The key index of the Dhaka Stock Exchange (DSE) fell slightly today, snapping a five-day gain.

The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.

The US Department of Agriculture (USDA) has revised upward its forecast regarding Bangladesh’s rice production in the marketing year (MY) 2022-23 beginning from last May.