The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, sources familiar with the matter told Reuters.

The Bangladeshi taka today depreciated against the US dollar, hitting Tk 96 on the interbank platform after the Bangladesh Bank had decided last week to allow the market forces to set the exchange rate of the local currency.

Eminent industrialist Nasir Uddin Biswas, founder of glass and melamine manufacturer Nasir Group of Industries, is no more.

The Dhaka and Chattogram stock exchanges fell for the second straight day today.

Shares on the Chittagong Stock Exchange (CSE) opened lower today.

The key index of the Dhaka Stock Exchange (DSE) fell today.

Although our banking sector itself is lagging behind its neighbouring peers, the story of the non-banking financial institution (NBFI) sector is rather much more precarious.

People across Bangladesh have long been enjoying two traditional buttermilk products called “ghol” and “matha” thanks to their unique taste and texture and so, makers of these treats in Solop village under Ullapara upazila of Sirajganj never compromise on quality, helping them keep the inherited business alive for more than 100 years.

The Finance Division has urged all government offices to rein in hasty expenditures at the end of each fiscal year as it destroys fiscal discipline and increases the government’s borrowing cost.

International cotton prices have significantly fallen but brought little cheer to local spinners and garment manufacturers suffering from a drop in work orders from international retailers and brands.

National Bank Ltd has decided to raise $100 million by issuing foreign currency-denominated subordinated bonds in order to strengthen its capital base under Basel Ill guidelines. 

The state-run Trading Corporation of Bangladesh (TCB) yesterday started selling essential commodities at subsidised rates through “family cards”, aiming to reach one crore low-income families in September. 

Brac Bank signed a memorandum of understanding (MoU) with the Directorate of Secondary and Higher Education (DSHE) in Dhaka recently.

Apex Tannery Limited’s profit jumped more than 140 per cent to Tk 1.24 crore in the financial year that ended on June 30, 2022. 

The Bangladesh Export Processing Zones Authority (Bepza) has started paying due salaries and other benefits to the workers of Shine Fashion Company Ltd, a closed factory at Dhaka Export Processing Zone (DEPZ).

The government is set to install “food laboratories” in eight divisions across the country aiming to ensure hygienic and quality food in the market, said Food Minister Sadhan Chandra Majumder yesterday. 

Bangladesh Agricultural Research Institute (Bari) and farm products producer Intefa signed a memorandum of understanding (MoU) on Saturday.

Muhammad Saifullah has been elected chairman of the shariah supervisory committee of Standard Bank at the 363rd meeting of the board recently.

Md Zahidul Haque joined Rajshahi Krishi Unnayan Bank (Rakub) as the managing director on September 7. 

Abul Khayer Hiru and his associates manipulated the stocks of BDCOM Online and One Bank to influence the stocks prices, according to the probes of Bangladesh Securities and Exchange Commission (BSEC).