Bangladesh’s trade deficit widened by 46.4 per cent year-on-year to $1.98 billion in July, but it was far below than the monthly average recorded in the last fiscal year, an encouraging sign for the economy.  

Women in Bangladesh prefer Uber mainly for safety aspects and easy access, according to a report. 

The government yesterday approved the applications of 49 businessmen to export 2,450 tonnes of hilsa to India as the demand for this kind of fish rises among Indian consumers ahead of Durga Puja, the biggest religious festival in the neighbouring country, scheduled to be held next month.

HZ Outdoor International Co Limited is going to set up a garments and bag manufacturing factory in Karnaphuli Export Processing Zone (KEPZ) with an investment of $6.03 million.

The central bank yesterday relaxed the rules on credit rescheduling and restructuring for the borrowers who have defaulted on the repayments of loans with non-bank financial institutions (NBFIs). 

Shamim Ahmed has been re-elected as president of the Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) for a one-year term (2022-23).

The Regional Agricultural Research Centre of the Bangladesh Agricultural Research Institute (Bari) in Jashore arranged a field day on Bari-invented hybrid summer tomato at Balrampur village of Bagharpara upazila on Saturday.

A former bureaucrat joined Bangladesh Investment Development Authority (Bida) as its new executive chairman yesterday for a three-year term. 

A six-day winning streak in the domestic stock market came to an end yesterday due to the profit-taking tendency among investors, according to market analysts.

Fu-Wang Ceramic Industries, a listed ceramics maker with foreign and local shareholders, will invest Tk 650 crore to expand its tiles production capacity by about 15,000 square metres per day, according to a disclosure on the Dhaka Stock Exchange (DSE) yesterday.

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.  

Bangladesh Bank yesterday asked 27 banks to explain why they had allowed their credit card holders to spend dollars breaching a ceiling set by the foreign exchange rules. 

The board of directors of export-oriented Envoy Textiles has been temporarily reconstituted until the disposal of a case filed by Abdus Salam Murshedy, former managing director and one of the founders of the company, along with some other directors, as per a High Court order issued last month.

The Bangladesh Bank today asked 27 banks to explain why they had allowed their credit cardholders to spend dollars breaching the stipulated ceiling set by the foreign exchange rules.

A former bureaucrat joined Bangladesh Investment Development Authority (BIDA) as its new executive chairman today for a three-year term.

The central bank yesterday relaxed the rules on credit rescheduling and restructuring for the borrowers who have defaulted on the repayments of loans with non-bank financial institutions (NBFIs).

The board of directors of export-oriented Envoy Textiles has been temporarily reconstituted until the disposal of a case filed by Abdus Salam Murshedy, former managing director and one of the founders of the company, along with some other directors, as per a High Court order issued last month.

An 11-member technical mission of the World Bank reached Chattogram port today to discuss various aspects of proposed Bay Terminal, a mega project taken to enable the port accommodate larger ships.

Fu-Wang Ceramic Industries, a listed ceramic maker with foreign and local shareholders, will invest Tk 650 crore to extend its business.

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.