Petroleum imports continue to be the major source of revenue for Custom House, Chattogram thanks to higher tariffs.

Businesses are taking advantage of the increased connectivity offered by Padma Bridge but potential investors of four industrial parks under the Bangladesh Small and Cottage Industries Corporation (BSCIC) are missing out as the projects are yet to be complete. 

Bangladesh Economic Zones Authority has recently teamed up with a state-owned Chinese company to set up Chinese Economic and Industrial Zone (CEIZ) at Chattogram’s Anwara upazila.

Bangladesh Economic Zones Authority has recently teamed up with a state-owned Chinese company to set up Chinese Economic and Industrial Zone (CEIZ) at Chattogram’s Anwara upazila.

Cargo movement through waterways between Bangladesh and India rose to a new height in fiscal year 2021-22 as local entrepreneurs, particularly cement makers, found the river routes convenient to bring their raw materials, mainly fly ash, from the neighbouring country. 

Though four of its five stipulated years have already elapsed, a Local Government Engineering Department (LGED) project on developing 2,210 kilometres of rural roads has witnessed the completion of only a third of its core task. 

The Bangladesh Bank yesterday ordered banks to set a rational spread between the buying and selling rate of the US dollar after it unearthed that some banks are involved in manipulation to benefit from the shortage of the greenback.   

Entrepreneurs yesterday urged the government to cut fuel prices, saying the unprecedented spike in the rates of petroleum products is hurting businesses and will go on to hamper job creation and hit the whole economy. 

Some 91 per cent small and medium enterprises (SMEs) still do not have access to financing although the government has allocated funds to help them shrug off the Covid-19 shocks.

The Dhaka Stock Exchange (DSE) reversed course yesterday as its key index started the week on a positive note thanks to an increased participation of investors.

State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins.

With an aim to facilitate increased access to finance for micro, small and medium enterprises operating in clusters, Bangladesh Bank yesterday asked banks to lend to 19 types of clusters giving the highest priority to agricultural processing, manufacture of agricultural machinery, garments and ICT. 

The Bangladesh Bank today ordered banks to set a spread between the buying and selling rate of the US dollar in order to restore stability in the foreign exchange market.

The government today appointed new managing directors (MDs) at three state-run banks – Sonail, Agrani and Rupali.

Non-bank financial institutions in Bangladesh have been allowed to calculate their stock market exposure limit on the basis of the purchasing price of the securities they own instead of their market value.

Transactions through mobile financial services rose by 19.89 per cent year-on-year to Tk 94,293 crore in June.

Around 91 per cent of the small and medium enterprises (SMEs) are still unbanked although the government has allocated fund for revitalising the small entrepreneurs from the Covid-19 shocks.

The Dhaka Stock Exchange (DSE) reversed course today as its key index started the week on a positive note thanks to an increased participation of investors.

The stocks on Chittagong Stock Exchange (CSE) opened on a positive note today, the first trading day of the week.

Transactions through agent banking accounts rose 43 per cent year-on-year to Tk 5,64,844 crore in fiscal year 2021-22 as a growing number of people are now using the new banking window, showed Bangladesh Bank data.