The Asian Development Bank (ADB) is working to hand over $2 billion in loan assistance to Bangladesh by the current fiscal year, ADB Country Director Edimon Ginting said today.

Turnover of the Dhaka Stock Exchange (DSE) surged one year-high today though the index of the bourse dropped.

Dhaka stocks edged up in the morning trade today, maintaining the upward trend for the fourth consecutive session.

The steel industry in Bangladesh is currently witnessing a steep drop in sales as the depreciation of taka against US dollar has hiked production costs at a time when consumers are unwilling to pay higher prices for the key construction material.

Loan disbursement by non-bank financial institutions (NBFIs) surged 46 per cent year-on-year in the April-June quarter thanks to a recovery in demand after the reopening of the economy in the second half of last year.

Custom House Chattogram has served a notice to BM Container Depot asking why its private bonded warehouse licence should not be cancelled following the recent deadly explosions and fire inside it.

Foreign investors in Bangladesh’s stock market are selling shares en masse as the local currency’s depreciation against the US dollar coupled with various policy changes over the past few years has lowered their confidence in securing adequate returns. 

Bangladesh should formulate a national logistics policy, which will help build an integrated logistics system centring the Chattogram port, experts said yesterday.

National Life Insurance Company recently signed an partnership agreement with Nagad to collection premiums through the mobile financial service provider. 

Refrigerator brand Konka won three awards in different categories at the China Refrigerator Industry Summit Forum-2022 in Beijing recently.

Dhaka stocks rose yesterday amid increased participation of investors although many shares did not find any buyer for a long time.

The government is going to formulate a policy on cross-border electronic transmissions in a bid to help guide the country’s thriving e-commerce industry in this regard, according to a senior official of the commerce ministry.

Bangladesh should formulate a national logistics policy, which will help build an integrated logistics system centring the Chattogram port, experts said today.

Dhaka stocks rose today amid increased participation of investors although many shares did not find any buyer for a long time.

Bangladesh’s stocks maintained gaining streak in the morning session today.

Despite diverse challenges, the banking sector is evolving faster than ever before, and such changes are expected to happen even quicker in the coming years.

Shwapno has started expanding its footprint abroad as fresh vegetables and fruits have now been sent to two new destinations.  

The amount of foreign loans availed by the private sector in Bangladesh has been swelling fast since 2020, creating a major headache for the country’s economy at a time when its foreign exchange reserves are plummeting.

Despite continued growth and huge prospects of the livestock sector, financing by banks to boost investment in farming remains low.

Textile millers across the greater Gazipur, Sreepur and Bhaluka industrial belt yesterday urged the state minister for energy, power and mineral resources to put an end to their perennial gas crisis, which is currently preventing them from continuing smooth production.