The government yesterday reduced the retail price of loose super palm oil by about Tk 12 per litre, and packaged and loose sugar by Tk 6 per kilogramme so that local consumers can benefit from the declining cost of these products in the international market.

South Bangla Agriculture and Commerce (SBAC) Bank and the Institute of Chartered Accountants of Bangladesh (ICAB) signed a memorandum of understanding (MoU) over documents verifications system (DVS) in Dhaka recently.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and upay signed an agreement recently to disburse stipends of a Skills for Employment Investment Program among mid-level garment factory staff through the latter’s app. 

Stocks in Bangladesh made a low gain yesterday compared to what they would on an average day, with most struggling to draw buyers amid sparse participation of investors. 

The six banks are Standard Chartered Bangladesh, Brac Bank, Dutch-Bangla Bank, The City Bank, Southeast Bank and Prime Bank.

Bangladesh-born Shwapna Bhowmick has been promoted to play the role of the head of Bangladesh and India operations of British retail giant Marks and Spencer (M&S).

The stock market regulator will investigate whether Bay Leasing and Investment has used unfair means while preparing its financial report as the company’s earnings swung significantly in 2021.

The government today cut the retail prices of loose palm super oil by Tk 12 a litre and packaged and loose sugar by Tk 6 per kilogramme (kg).

The turnover at the Dhaka Stock Exchange (DSE) fell today, but the prime index rose slightly although most of the stocks struggled the whole day to get buyers amid thin participation of investors.

The Chattogram Port Authority (CPA) may not have to spend Tk 3,600 crore to acquire 803 acres of khas land for the Bay Terminal project as the government is considering its application to be given the area for free or at a token price.

Share values and turnover in the domestic stock market fell yesterday as investors opted to book profits following the recent rising trend of market indices, according to experts.

There is a special demand for certified management accountants (CMAs) in tax consultancy and financial analysis, pointed out Md Abul Kalam Azad, a former chief secretary at Prime Minister’s Office, yesterday. 

Midland Bank gets nod to raise Tk 70 crore through issuing seven crore ordinary shares in an initial public offering (IPO).

The Brac Bank agent banking team recently organised an Uthan Boithak, a knowledge-sharing engagement, for tea workers in Bahubal of Habiganj.

Six Bangladeshi companies yesterday signed a land lease agreement with the Bangladesh Economic Zone Authority (Beza) to invest $457 million at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram and Sabrang Tourism Park in Cox’s Bazar.

Bangladesh needs to continue to execute its reform priorities under its national plans to maintain its growth trajectory and enhance macroeconomic stability amid uncertainties and rising inflation, said World Bank (WB) Vice President for South Asia Martin Raiser yesterday.

The government purchase committee yesterday gave the nod to two public agencies to buy a total of 90,000 tonnes of fertiliser from Qatar and Morocco under a state-to-state contract to augment the country’s fertiliser stock for growing food in coming seasons.

Bangladesh’s foreign exchange reserves today dipped below $37 billion due to high import payments against the slower than expected export earnings.

Scam-hit International Leasing Financial Services Ltd (ILFSL) has decided to offer shares of the company against its deposit and loan payments as part of its effort to revive the company.

Zaved Akhtar, managing director and CEO of Unilever Bangladesh Limited, shared the stories of his successes, his inspirations and what drives him in his aspiration to break new grounds.