Bangladesh Bank yesterday warned banks not to show any unrealised interest gained from the rescheduled loans as their income.

The government yesterday awarded 66 exporters a National Export Trophy based on the highest shipment volumes in fiscal year 2017-18 while businesses called for developing skilled manpower to meet the needs of the expanding economy.

Dhaka stocks have extended its losing streak for a fourth consecutive day yesterday.

Custom House Chattogram yesterday seized a consignment of Sagar Jute Diversified Industries containing just a sixteenth of the value of products it had declared to be exporting, in what appears to be a fraudulent incentive claim attempt.

Nearly 700 women artisans in a village under Dupchanchia upazila of Bogura have been making tomtom and other toys from bamboo, papers, earthen pots, and colours for decades, changing the economic conditions of their families. 

Bangladesh’s trade deficit escalated by 80 per cent in the first eight months of the ongoing fiscal year in the wake of a surge in import payments against lower exports receipts.

Production in spinning mills in this peak season has remained halted over the past six days because of a severe crisis of gas for overhauling at the Bibiyana gas field.

At a time when the key index of the Dhaka Stock Exchange (DSE) is on the decline and turnover plummeting, the SME index has skyrocketed for an influx of investors lured by “risky” shares on speculations that they would rise further.

Chattogram Port Authority (CPA) has appointed a South Korean joint venture company as the international consultant for the construction of the much-awaited Bay Terminal which would enable the country’s premier sea port to accommodate bigger vessels.

Standard Bank Ltd (SBL) virtually organised a seminar titled “Ramadan Taqwah and Banking” on the first day of the fasting month.

A Canada-China owned company will invest $5.74 million to set up a diversified product manufacturing plant in Bepza Economic Zone.

Bangladesh’s economy is on a safe trajectory and it faces no impending danger, Finance Minister AHM Mustafa Kamal said yesterday while referring to the ongoing economic crisis in neighbouring Sri Lanka.

Four directors of the country’s largest drug maker Square Pharma today said they wanted to buy 900,000 shares of the company at prevailing market prices, indicating that sponsors have confidence over long-term prospect of the company.

Bangladesh Bank today warned banks not to show any unrealised interest gained from the rescheduled loans as their income.

The local and foreign companies are increasingly looking to assess their competitive position in the market through sustainability reporting and the professional accountants can play a big role in preparation of the report, experts said today.

The index of the Dhaka Stock Exchange (DSE) dropped for the second consecutive day today though the turnover of the country’s premier bourse just crossed Tk 500 crore mark.

Chattogram Customs House has seized a consignment of Sagar Jute Diversified Industries, as the Narayanganj-based export-oriented company has been trying to shipped goods 16 times lower goods than declaration.

A Canada-China owned company will invest $5.74 million to set up a diversified product manufacturing industry in Bepza Economic Zone.

Entrepreneurs should seek services of all sorts and make full use of the convenience offered by Bangladesh Investment Development Authority’s (Bida) One Stop Service (OSS) to reduce the hassle they face in doing business, suggested Bida Executive Chairman Md Sirazul Islam yesterday.

In spite of the government fixing edible oil prices recently, the prices of loose soybean oil and palm oil have gone up at both retail and wholesale markets due to a supply crisis.