Financial wellness platform wagely recently appointed a new managing director, saying it was to accelerate its expansion in catering to middle and low-income workers in the country. 

The Investment Corporation of Bangladesh (ICB) posted a 62.85 per cent year-on-year decline in profit in the first quarter of the current financial year.     

The 10th National Small and Medium Enterprise (SME) Fair-2022 will be held from November 24 to December 3 this year with the aim of promoting SME entrepreneurs and expanding their markets through product diversification.

Fu-Wang Ceramic Industries Ltd reported a 32.39 per cent year-on-year decline in profit to Tk 3.13 crore in the last financial year.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is hopeful that the country’s share in the global apparel market may reach 8 per cent within this year as international clothing retailers and brands are coming here with new work orders.

The telecom regulator has allowed Grameenphone to sell 78,000 SIMs to the army, police and other government and corporate customers, more than four and a half months after the operator was ordered to stop selling new SIMs.

Prime Minister Sheikh Hasina yesterday inaugurated the comme-ncement of commercial production at 14 industrial units while also announcing the establishment of 29 others in public and private economic zones to encourage planned industrialisation in Bangladesh.

Stocks listed with the Dhaka Stock Exchange (DSE) yesterday broke a gaining streak that lasted for two consecutive sessions as falling investor participation led to reduced trade.

ABG Ltd, a concern of Bashundhara Group, signed an agreement with the Chittagong Stock Exchange (CSE) yesterday to buy a 25 per cent stake in the bourse in line with a demutualisation process. 

Bangladesh’s trade with other countries may suffer as foreign shipping lines are facing difficulties in remitting foreign currencies from the country because of a dollar crisis, speakers said yesterday. 

The 1,600-megawatt Adani Godda Power Plant in India will start exporting half of the electricity to Bangladesh from December 16 this year, according to a report by the Bangladesh Power Development Board (BPDB).

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is hopeful that the country's share in the global apparel market may reach 8 per cent within this year as international clothing retailers and brands are coming here with new work orders.

Stocks listed with the Dhaka Stock Exchange (DSE) today broke a gaining streak that lasted for two consecutive sessions as falling investor participation led to reduced trade.

The Chattogram Customs House has demanded Tk 5,227 crore as unpaid duties from Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) against 89 consignments of liquefied natural gas (LNG).  

The border haat in Baliamari char under Kurigram’s Rajibpur upazila is set to reopen its doors in the first week of December, ending a roughly two-year hiatus that began with the onset of Covid-19.

Our importers and institutions, those that need to remit various fees and surplus earnings outside the country, are facing challenges with foreign currency (FCY) payments for the last several months.

Eugene Willemsen, chief executive officer of PepsiCo for Asia, Middle East and South Africa, was in Dhaka last week on an official visit. During his stay, he talked to The Daily Star’s Senior Reporter Refayet Ullah Mirdha.

While the queue of people behind open market sale (OMS) trucks of the food ministry continues to remain fairly long, food grain distribution by the ministry was said to have dropped 19 per cent year-on-year in the first four months of the current fiscal year. 

Businesses in Bangladesh went through a tough time in recent months due to a dearer US dollar that pushed up their costs of raw materials and a rocketing fuel bill that contributed to the surge in operating expenses. 

Mercantile Bank recently signed an agreement with Chattogram Water Supply and Sewerage Authority enabling the bank to collect the water and sewerage bill of Chattogram Wasa through online banking.