Md Habib Ullah Dawn and Mohammed Shahidul Islam have been elected uncontested as president and secretary general respectively of the Bangladesh Reconditioned Vehicles Importers and Dealers Association (Barvida) for a two-year term.

The envoy expressed her country’s willingness in a meeting with Bangladesh’s Agriculture Minister Muhammad Abdur Razzaque at the secretariat in Dhaka.

The Bangladesh currency today depreciated further against the US dollar, hitting Tk 92.95 on the interbank platform.

Shares on the Dhaka Stock Exchange declined today for the fourth consecutive day owing to persisting economic uncertainty, runaway inflation and the latest floods.

The stock market in Bangladesh continued to fall for the third consecutive day today amid the lower participation of investors.

Panic and uncertainty have gripped the relatives of people living in flood-hit Sylhet and Sunamganj as they are unable to communicate with their loved ones due to an electricity blackout that has put about half of the local mobile network towers out of commission.

Kuakata, home to the second largest beach in Bangladesh, is already visited by a large number of domestic and foreign tourists each year but their numbers could increase seven-fold once the Padma Multipurpose Bridge is officially opened, according to local businesspeople.

The Bangladesh Bank yesterday said the interested candidates for the post of managing directors of non-bank financial institutions (NBFIs) have to obtain at least 20 years of working experience at banks or NBFIs.

The wage growth in Bangladesh grew slower than the inflation rate in May, handing a blow to the country’s millions of low-paid skilled and unskilled workers already struggling to make ends meet amid the rising cost of living.

A key role of central banks is to conduct monetary policy to achieve price stability and help attain targeted economic growth.

Trading of City Bank Perpetual Bond yesterday began at the Dhaka Stock Exchange (DSE) under settlement category “N”.

Stock market index tumbled yesterday for the second consecutive day amid low participation of investors.

Bangladesh Bank yesterday asked banks, mobile financial service (MFS) providers and payment service providers (PSPs) to take effective measures to ensure that payment services were available to people in flood-hit areas. 

A high-level delegation led by Johannes Schneider, head of German development cooperation, visited three renewable energy projects financed by Infrastructure Development Company Ltd (Idcol) at Dhamrai, Savar recently.

Nominal wage growth at the low skill level overall has fallen behind the headline inflation.

The wage growth in Bangladesh grew slower than the inflation rate in May.

The banks, MFS providers and payment service providers will have to find alternative ways to make their payment systems effective in the flood affected districts, including Sylhet, Sunamganj, Moulvibazar, Habiganj, Kishoreganj, Netrokona, Kurigram and Rangpur.

The Bangladesh Bank today said the interested candidates for the post of managing directors of non-bank financial institutions (NBFIs) have to obtain at least 20 years of working experience at banks or NBFIs.

Stock market index tumbled today for the second consecutive day amid low participation of investors.

Most rice bran oil industries in Bangladesh have either cut or stopped production since the government slapped an export ban a month ago as the edible oil variety does not have a large consumer base locally.