Cyclone Sitrang is over and the weather is forecast to be sunny today. But for thousands of people in Bangladesh, including farmers, it is rather gloomy. 

The ongoing shortage of US dollars has created a tough situation for some banks in Bangladesh as they are finding it difficult to clear import payments on time, tarnishing the country’s image in the international market. 

Dilip Das Gupta has joined the Commercial Bank of Ceylon, Sri Lanka operations as a credit specialist for CBC Colombo and Maldives operations recently.

Daily essential commodity and raw material importers have called for proper management in the ports to bring an end to the harassment of the customs and shipping agents.

NRBC Bank has signed a memorandum of understanding (MoU) with Joyeeta Foundation to provide loans to women entrepreneurs at 5 per cent interest.

The government should rationalise the existing tariff structure, as Bangladesh will face a few challenges in case of giving subsidies after its graduation to a developing nation, said Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI).

The National Board of Revenue (NBR) is going to celebrate tax service month this November to facilitate taxpayers return submissions.

Bangladesh Bank yesterday relaxed loan repayment policy for sick industries enlisted by the commerce ministry such that the beleaguered businesses can refund their loans on easy conditions.

Both Dhaka and Chittagong stock exchanges rose for the second consecutive day yesterday although turnover remained low amid lower participation of investors who grow concerned about persisting economic uncertainty at home and abroad.   

Beacon Pharmaceuticals Limited posted an 8.3 per cent higher profit at Tk 93.56 crore in the financial year that ended on June 30. 

The US Agency for International Development (USAID) yesterday launched a new digital commerce cybersecurity campaign that will provide businesses with the information and tools needed to counter potential cybersecurity risks in e-commerce.

Bangladesh Bank today relaxed loan repayment policy for sick industries enlisted by the commerce ministry such that the beleaguered businesses can refund their loans on easy conditions.

The National Board of Revenue (NBR) is going to celebrate tax service month this November to facilitate taxpayers return submissions.

Bangladesh Bank today asked banks to clear the import bills in time or they will lose licences for authorised dealer (AD) branches, which are dedicated to do foreign exchange businesses.

Daily essential commodity and raw material importers have called for proper management in the ports to bring an end to the harassment of the customs and shipping agents.

The government should rationalise the existing tariff structure, as Bangladesh will face a few challenges in case of giving subsidies after its graduation to a developing nation, said Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI).

Stock index of Dhaka bourse continued to rise for the second consecutive day today while its turnover remained low.

The Chittagong Stock Exchange (CSE) continued to rise for the second straight day today.

The Dhaka Stock Exchange (DSE) gained for the second consecutive session today.

The Premier Bank Limited celebrates its 23rd anniversary today. Set up in 1999, it is one of the strongest banks in Bangladesh today with the lowest non-performing loan ratio. Its deposit base and loans have expanded in the last two decades. Recently, M Reazul Karim, managing director of Premier Bank, spoke about the bank’s journey, digital banking and new challenges and opportunities for banks, during an interview with The Daily Star.