A draft of the new digital commerce law has drawn mixed reactions from industry people and customers alike as some believe a legal framework is necessary to prevent fraud while others opined that it would lead to increased bureaucracy in the emerging sector.

Production costs in the ceramics industry of Bangladesh will rise by up to 15 per cent due to a recent hike in the price of gas, which adds to the list of crises threatening the sector’s overall growth, according to manufacturers.

Sugar prices edged up in the wholesale market of Bangladesh within days after refiners declared that they would sell the sweetener at higher prices from the first day of February.    

Like other sectors, the paint industry in Bangladesh is in troubled waters as the US dollar crunch has made it difficult for manufacturers to import raw materials in line with their demand. 

Standard Bank Limited (SBL) has been awarded “gold rank” for its sustainability report by the Asia Sustainability Reporting Rating-2022’.

NRBC Bank has recently won two awards -- “Most Innovative Mobile Banking App (NRBC Planet)” and “Fastest Growing Micro-Finance Bank” -- presented by Global Economics Ltd, a UK-based financial publication and a quarterly business magazine.

The three-day “Indo-Bangladesh Agri Mechanisation Summit” kicked off at International Convention City Bashundhara in Dhaka on Friday.

Grasshopper Group of Companies (GGC), a diversified business group in Bangladesh, has brought fire-resistant glass to the local market.   

The government has formed a 29-member committee to ensure an efficient transportation of goods and services and the overall development of the logistics sector in Bangladesh.

Bproperty, a real estate solutions provider in Bangladesh, has announced that it will merge with Australian-based Digital Classifieds Group (DCG).

Trade-based money laundering (TBML) is a silent killer that is undermining the very foundations of Bangladesh’s economic growth. As an emerging economy and, more so, an expanding trading nation that is going through LDC graduation, Bangladesh is particularly vulnerable to TBML. This illicit activity is weakening financial institutions, eroding foreign currency reserves, and undermining international trade, leaving the country’s economy in shambles and stakeholders in despair.

Export-import activities between Bangladesh and India through the Hili land port in Dinajpur resumed yesterday after a two-day holiday on the occasion of India’s Republic Day.

Brac Bank has launched a premium banking service styled “Borenno” for clients in the small and medium enterprise (SME) industry.

For the first time in Bangladesh, the Department of Agricultural Extension (DAE) has succeeded in growing coloured cauliflower on an experimental basis.

Apart from export and remittance earnings, the government has placed importance on securing more foreign funding in the current fiscal year to shield the country’s foreign currency reserves from depletion. 

The three-day Digital Bangladesh Mela 2023, where more than 50 telecom and ICT companies are showcasing their products and services, kicked off at the Bangabandhu International Conference Centre in Dhaka’s Agargaon yesterday.

The central bank yesterday allowed Rupali Bank Ltd to carry out its operations as a primary dealer regularly, according to a notice yesterday.

Bangladesh Building Systems Ltd (BBS) reported more than 97 per cent decline in profit in the second quarter of the current financial year, owing to a fall in non-operating incomes.

Walking back from the corner shop, Mr Chowdhury met a neighbour who inquired about what his sons are doing nowadays.

Bangladesh Lamps Ltd is going to set up a new production line to manufacture accessories at its existing factory in Narsingdi’s Shibpur.