Bangladesh is suffering from unsold stocks of hides and skins for reasons, including a lack of interest of international brands to source from here, as most tanners do not have certification from Leather Working Group (LWG) centring sustainable and environment-friendly leather production.

Bank Asia Limited has achieved the most prestigious Standard Information Security Certification, namely ‘PCI DSS’.

The Institute of Chartered Accountants of Bangladesh (ICAB) and the Association of Credit Rating Agencies of Bangladesh (ACRAB) signed a memorandum of understanding (MoU) on the document verification system (DVS) yesterday.

Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the International Monetary Fund’s managing director said on Monday.

The services automated teller machine (ATM) of banks faced a disruption in many areas due to the partial failure of the national grid.

Turkish businesses can consider the 100 economic zones and 28 high-tech parks of Bangladesh as their preferred investment destinations, Dhaka Chamber of Commerce and Industry President Rizwan Rahman said today.

Stocks in Bangladesh returned to the black today thanks to higher participation of investors after experiencing a one-day fall yesterday, which had broken a four-day gaining streak of the market.

Emerald Oil, one of the early entrants in the domestic rice bran oil market, has established a new branch in Japan last month as part of its plan to export its product to the island nation.

The Chittagong Stock Exchange (CSE) gained again today after yesterday’s loss.

The Dhaka Stock Exchange (DSE) returned to the black today after snapping a day’s falling streak.

Bangladesh is currently weathering a period of heightened external pressure and economic headwinds like it has done since the outbreak of the coronavirus pandemic and kept growing, said a top official of a multinational bank.  

The slowdown in demand and stronger US dollar worldwide has pushed down cotton prices in the international market, raising hopes of increased work orders from global brands and retailers among local garment makers.

One of the Rampal power plant’s two units was inaugurated last month but it still requires some machinery to practically start running. 

Bangladesh has started the groundwork to begin negotiations for signing a Comprehensive Economic Partnership Agreement (CEPA) with India, as has been agreed upon by top leaders of both countries last month. 

The interest rate cap on loans, the frequent changes to the exchange rate regime and a relaxed attitude to enforcing austerity measures are the major challenges facing Bangladesh in restoring stability in the economy. 

Planning Minister MA Mannan yesterday claimed that inflation in Bangladesh has come down notably although the Bangladesh Bureau of Statistics (BBS) was yet to publish the consumer price index for August and September. 

Robi Axiata, the second largest mobile phone operator in Bangladesh, has appointed Rajeev Sethi as its new chief executive officer. 

Nagad has launched a campaign, under which the mobile financial service provider offered up to Tk 1,000 cashback for mobile recharge.

With a view to connecting Bangladesh’s women entrepreneurs to the global market, the maiden International Women Entrepreneurship Conference 2022 is going to be held in the country next month. 

The government has extended the deadline for exporting hilsa to India to October 5 following pleas from traders, according to a circular from the commerce ministry yesterday.