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.

The National Board of Revenue (NBR) yesterday said micro and small businesses that have no taxable income are not required to show proof of tax return submission to get up to Tk 20 lakh in loans.

Gava Private Limited, a company owned by Hong Kong, Sri Lanka and Switzerland, is going to invest $25.62 million at Dhaka Export Processing Zone (DEPZ) to set up a garment manufacturing industry.

Bengal Commercial Bank and Trust Bank recently signed a sub-correspondent agreement on remittance transfer.

The domestic stock market has started the week on a rising trend as investors were steadily increasing their participation.

The stockmarket started the week with a rise thanks to increased participation of investors.

Shares at The Dhaka Stock Exchange (DSE) rose today, the first trading day of the week.

Just two decades ago, one could hardly hope to see a well-furnished bathroom in the country’s semi-urban and rural areas.

Of late, the food prices have skyrocketed affecting the people in low and middle-income countries more. Domestic food price inflation reaches record high across the globe.

Former expat Habibur Rahman Matubbar, a resident of Kewabunya village under Amtali upazila in Barguna, has been enjoying great success in cultivating malta on his 15 bighas of land for the past seven years or so.

The National Board of Revenue (NBR) has no definite guideline on grading steel, prompting duty evasion through underinvoicing and adoption of other unfair means by dishonest importers, depriving the government of hundreds of crores of taka in revenue each year. 

Listed companies in Bangladesh have built up reserves of Tk 153,000 crore collectively from their respective earnings for use in expansion and to weather out rainy days, when they would otherwise be forced to raise fresh funds from investors or borrow from lenders. 

Woes in China’s property market worsened in August, with official data showing home prices, sales and investment all falling in August, as a mortgage boycott and developers’ financial strains further hurt confidence in the sector.

Businesses yesterday welcomed Bangladesh Bank’s clearance to settle payments for international trade through Chinese yuan to cut excessive dependence on the US dollar but said implementation will be challenging.

Stock market analysts yesterday urged the government to encourage multinational companies and local ones with good performance records to get listed to boost stock investors’ confidence and ensure “fair distribution” of profits. 

Accepting digital payments through personal retail accounts could pave the way for local cottage, micro, small and medium enterprises (CMSMEs) to avail loans from official banking channels, according to experts.

Prime Bank is going to raise a staggering syndicated term loan of Tk 500 crore for Sajida Foundation to disburse for the latter’s microfinance programme.

Exim Bank has appointed Mohammad Firoz Hossain as its new managing director and chief executive officer with effect from September 16.

The commerce ministry will not fix the prices of all nine commodities as pricing of agricultural goods fall under the purview of the agricultural ministry, Commerce Minister Tipu Munshi said today.

Accepting of digital payment through the personal retail account could pave the way for the country’s cottage, micro, small and medium enterprises (CMSMEs) to avail loans from banking channels, experts said today.