The pace of fund disbursement from India under its line of credit (LOC) programme has nearly doubled in a year and the amount will soon reach the $1-billion milestone, the Indian high commission in Dhaka said today.

The government yesterday (March 27) formed a high-powered taskforce to monitor the prices trend of some basic commodities in the markets in order to contain their unusual spiral.

Oryx Bio-Tech Limited was struggling for quite some time to find a suitable plot near Dhaka for building a large manufacturing plant -- the first-ever plasma fractionation plant in Bangladesh.

Around 36 per cent of the current fiscal year’s development budget could be spent by the government in the first eight months.

Ten individuals and institutions were honoured yesterday for their exemplary contribution to the country’s agriculture sector and the impact they have had on their communities.

City Bank recently witnessed the promotion of its deputy managing director and chief financial officer to the post of additional managing director.

Granite extraction from mines at Parbatipur upazila of Dinajpur resumed yesterday following a 15-day suspension for a lack of explosives.

Bangladesh’s investors have a good prospect in the growing infrastructure sector of Rwanda, one of the promising countries in Africa, said a business leader yesterday.

Ascension of greenhouse gas (GHG) emission, air and water pollution, the eruption of the ozone layer and such devastating environmental events have drastically affected the climate, eco-system and livelihood.

The Islamic Development Bank (IsDB) will finance Tk 398 crore for the country’s cottage, micro, small and medium enterprises (CMSMEs) with a view to propping up the businesses hit hard by the pandemic.

Bangladesh has met the affordability target on internet prices set by the United Nations Broadband Commission for Sustainable Development in 2021.

Dhaka stocks witnessed a falling trend on the first day of this week’s trading today though turnover went up.

Bangladesh’s investors have a good prospect in the growing infrastructure sector of Rwanda, one of the promising countries in Africa, said a business leader today.

Bangladesh is now seeking more cotton from the US to diversify the destinations from where the country sources the natural fibre in this current world of intense competition.

Domestic edible oil prices have declined as refiners reduced their rates after the government drastically cut the value added tax (VAT) on the key cooking ingredient in a bid to ease the pressure on consumers who are being battered by rising food inflation.

Like all countries in the world, Bangladesh too is facing volatility in the foreign exchange market. This was initially caused by the demand recovery and supply chain disruption as battered economies began recovering from the coronavirus pandemic.

The government has framed a fresh policy to increase domestic salt production through the use of modern and environmentally-friendly technologies and gradually end imports by 2026 when overall demand is projected to reach 25.30 lakh tonnes.

Tax Commissioner Md Iqbal Hossain and Additional Tax Commissioner Mohammad Mahmuduzzaman have been elected president and secretary general respectively of BCS Taxation Association for a two-year term.

The government is keen to open Ramgarh land port in Khagrachhari by 2023 in order to boost trade with north-eastern states of India, according to officials of the Bangladesh Land Port Authority (BLPA).

Ten women and three companies have recently received a “BASIS Luna Shamsuddoha Award” for contributions in their respective fields.