Merchandise exports posted a whopping 38.09 per cent year-on-year growth in August to bring home $4.67 billion, handing more breathing room to Bangladesh struggling to bring its macroeconomy under control, official figures showed yesterday.

Migrant workers and Bangladeshis living abroad sent more than $2 billion in each of the first two months of the current fiscal year, a promising sign for the economy.

Bangladesh Development Bank and Bank Asia have signed an agreement to provide remittance services as a sub-agent of Western Union. 

Sonali Bank has for a second consecutive time secured first position in implementing annual performance agreements (APA) in fiscal year 2021-22 among state-owned commercial banks of financial institutions division under the Ministry of Finance. 

Mobile financial service provider bKash provided graphic novel “Mujib” to 110 schools in Chattogram to inspire students with ideals of Bangabandhu Sheikh Mujibur Rahman. 

An irony of most third-world countries is that honest taxpayers pay more tax and need to be more compliant than those who tend to dodge the system. Not only that, often honest taxpayers even end up getting fined for non-compliance!  

Dhaka and Chattogram stock exchanges continued their rally yesterday, helped by investors’ persisting buying appetite as they expect strong earnings for the companies whose financial year ended in June.  

The 20th edition of Bangladesh Business Awards, an initiative of DHL Express and The Daily Star, will take place tomorrow.

The rate of unemployment is high among graduated youths than the ones with no graduation degree, said AKM Fahim Mashroor, CEO of bdjobs.com.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought cooperation from Japan International Cooperation Agency (Jica) to establish lab facilities at land, sea and international airports in Bangladesh.

The Dutch government has teamed up with some Bangladeshi companies to invest 6 million euros to ensure sustainable growth of Bangladesh’s aquaculture sector.

Bangladesh’s remittance earnings crossed the $2-billion mark for the second consecutive month in August.

Dhaka and Chattogram stock exchanges continued their rally today. 

In spite of a lot of emphasis by policymakers and top bureaucrats on facilitating trade and investment to bolster the economy,

Global off-grid energy distributor SHV Energy has completed the acquisition of local bottler and marketer Petromax LPG, joining Bangladesh’s growing liquefied petroleum gas (LPG) market.

The Bangladesh Investment Development Authority (Bida) has joined hands with US-based venture capital firm Anchorless Bangladesh to attract and facilitate targeted global investments and jointly promote investment opportunities in Bangladesh and abroad.

Purnava, a subsidiary of Renata Limited, a pharmaceuticals and animal health product company, has introduced folate-enriched eggs for the first time in Bangladesh.

The government will appoint a German joint venture as the consultant for the construction of a breakwater and channel dredging work at the proposed Bay Terminal, a long-awaited project of Chattogram port.

Bangladesh’s foreign exchange reserve has started to decline once again as it stood at $39.05 billion yesterday in contrast to $39.21 billion the day before.

Bangladesh needs to ensure labour rights to comply with global standards and enhance productivity to tap the opportunity being created by the shifting of orders from China and many other markets, a noted economist said yesterday.