The Bangladesh Bank yesterday asked banks to encash the term deposits of exporters’ retention quota (ERQ) balances.

The telecom regulator yesterday withdrew the directive under which 50 per cent bandwidth of aamra technologies was blocked because of non-payment of outstanding revenue of over Tk 33 crore.

The commerce ministry has suggested all kinds of import tariff on sunflower and canola oil should be withdrawn in order to increase their stock in the country.

Bangladesh should actively negotiate with the World Trade Organisation (WTO) for continuation of trade benefits after its graduation to a developing country, analysts said today.

The telecom regulator today withdrew the directive under which 50 per cent bandwidth of aamra technologies was blocked because of non-payment of outstanding revenue of over Tk 33 crore.

The Bangladesh Bank today asked banks to encash the term deposits of exporters’ retention quota (ERQ) balances.

Stocks in Bangladesh continued to rise for the second consecutive day today, thanks to the buying tendency among institutional investors.

The exchange rate of the US dollar against the taka today hit a record of Tk 112 in the country’s kerb market.

The Bangladesh Bank today set a target for banks to cut their electricity and energy consumption for the next one year in keeping with the government’s move aimed at saving power amid deepening energy and foreign exchange crises.

Moi Lemoshia, director general for bilateral and political affairs of the Kenyan government, made the call as the leader of a 10-member Kenyan delegation in a meeting with the officials of Dhaka Chamber of Commerce and Industry (DCCI).

Shares on the Chittagong Stock Exchange (CSE) rose today.

The Dhaka Stock Exchange (DSE) opened higher today riding on yesterday’s last-moment gain.

The lifeblood of any company is its working capital. Starting with procurement to manufacturing, stockholding, selling and finally collecting receivables, a business is as efficient as its working capital management. This is where the transaction banking team of a bank can step in to support clients.    

Mobile network providers Robi Axiata and Banglalink gained clients in June while Grameenphone, the industry’s top operator, saw a slight drop in its customer base.

Md Harun-ur-Rashid Musa, a resident of Kotchandpur upazila in Jhenaidah, cultivated avocados on six bighas of land in an effort to do something new with this love for farming.

Finance Minister AHM Mustafa Kamal has sent in a formal request to the IMF for a $4.5 billion loan, putting to bed the speculations on whether the country would be seeking the support from the Washington-based multilateral lender at all.

Senior officials of ministries concerned yesterday reached consensus on signing a much-needed Comprehensive Economic Partnership Agreement (CEPA)

A falling local currency usually translates into higher earnings for exporters since their products become more competitive in the global markets. 

Finance Minister AHM Mustafa Kamal yesterday sought budgetary support from Japan International Cooperation Agency (Jica). 

Bangladesh Bank yesterday said it would not entertain any request beyond the rules stipulated in the latest rescheduling process it announced for defaulted