The production of some high-value exotic fruits in Bangladesh has increased significantly in the past several years as many farmers have jumped on the bandwagon of growing them commercially since they fetch higher profits. 

What started with lease financing, progressively diversified into term lending, working capital financing, corporate advisory, housing finance, merchant banking, equity financing and finally took the name of today’s non-banking financial institution (NBFI).

Bangladesh Export Processing Zones Authority (Bepza) has taken a number of steps, including connecting to customs management software, to prevent the use of fake import permits following the detection of such malpractices this year. 

With the aim of catering to the growing local market and diversifying the country’s export basket, Akij Group invested more than Tk 1,000 crore in setting up a plant to produce films for packages.

The Dhaka and Chattogram stock exchanges snapped a three-day advance yesterday after investors booked profits.  

The telecom regulator is going to introduce a “tourist SIM” for foreign travellers coming to Bangladesh. 

The central bank has asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for rice and wheat in order to keep their prices at a tolerable level in the domestic market and ensure smooth supply.

Bangladesh needs to diversify its export basket and seek out new markets in order to prevent potential losses after graduating from the list of least developed countries (LDC), according to Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry (MCCI).

The jute ministry has received a total of 37 proposals from the private sector for leasing 13 state-owned mills after it said textiles could be produced at the mills apart from jute goods, officials said yesterday.

Bangladesh needs to diversify its export basket and seek out new markets in order to prevent potential losses after graduating from the list of least developed countries (LDC), according to Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry (MCCI).

In mid-2020, FTX's chief engineer made a secret change to the cryptocurrency exchange’s software.

The Dhaka and Chattogram stock exchanges snapped a three-day advance yesterday after investors booked profits.

Stocks in Bangladesh edged down today, snapping the last three days’ gains.

The rising cost of living that stems from higher prices for essential goods has affected the Benarasi Palli in Dhaka’s Mirpur, where traders say sales have dipped by almost half despite it being the peak season.

The deposit growth in banks of Bangladesh has slowed as many people saw their capacity to save dwindle amid the higher cost of living.

US consumer prices rose less than expected for a second straight month in November, resulting in the smallest annual increase in inflation in nearly a year and giving the Federal Reserve cover on Wednesday to start scaling back the size of its interest rate increases.

Availability of long-term finance, collaboration among policymakers and proper databases are key to ensuring affordable housing for all, said experts at a seminar yesterday. 

The International Finance Corporation (IFC) is providing a $32.5 million loan to Agrocorp International Pte Ltd, a Singapore-based company that supplies wheat and pulses to Bangladesh, in order to improve food security in the South Asian country.

SSLCOMMERZ Limited has received a licence from the central bank to run operations as a payment system operator.

Moody’s Investors Service has placed 7 Bangladeshi banks’ long-term ratings and assessments on review for downgrade, said the global rating agency on Monday.