Foreign assistance disbursement and commitment both increased in Bangladesh in the first seven months of the current fiscal year thanks to speedy release of funds and additional promises as support for tackling the pandemic.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the country’s revenue authority to avoid imposing any supplementary duty on locally produced goods in the next fiscal year.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is going to establish UAE and Bangladesh Joint Business Council in Dubai to tap the business and investment potential in Middle East, Africa and Europe.

European stocks rose on Friday after Wall Street's late rally, as investors welcomed coordinated Western sanctions on Russia that targeted its banks but not did not block it from a global payments system and left its energy sector largely untouched.

The whole world is waiting to embrace the Fourth Industrial Revolution. Countries and industries that are already on the track of huge digital transformation will be able to cash in on the potentialities of the 4IR.

Not only the GDP growth rate, but also peoples’ wellbeing and the existing environmental situation should be considered as the indicators of development, said Wahiduddin Mahmud, a noted economist, yesterday.

In July 2020, just a few months after the Covid-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its peak - all but condemning his company’s core business to eventual obscurity.

Getting up from bed early in the morning, Sabitri Halder goes to her backyard and takes a seat on the floor to weave floor mats from hogla leaves, a species of aquatic grass.

Bangladesh Bank yesterday asked banks to draw up a recovery plan so that they can take time-befitting moves to resolve any downside risk emanating from default loans, liquidity crisis and some other factors.

The delayed release and inaccuracy of fiscal data in Bangladesh ultimately hurts the public as it prevents the government from providing adequate support, according to the Centre for Policy Dialogue (CPD).

Stocks in Bangladesh slumped to a more than four-month low yesterday as investors went for massive selloffs after the Russian invasion of Ukraine sent global oil prices higher and rattled global markets.

Only three out of eight fast-track projects in Bangladesh have dedicated websites for public information and those too contain no updated information on their progress.

With oil prices hitting above $100 in the wake of Russia’s invasion of Ukraine, local businesses yesterday feared that the war would have a ripple effect on their domestic and international operations as both countries are major suppliers of agricultural commodities.

They can avail of savings schemes in monthly instalments of Tk 500, Tk 1,000, Tk 2,000 and Tk 3,000 starting from a minimum period of two years to a maximum of four years.

City Bank recently signed an agreement with Maldivian GSA Total Air Services Ltd.

Development spending in Bangladesh rose 17 per cent year-on-year in the first seven months of the current fiscal year, highlighting the momentum in the economic recovery from the pandemic-induced slowdown.

Tk 17.74 lakh were provided in refunds to 10 customers yesterday over the non-delivery of goods by e-commerce platform Dalal Plus in spite of orders being placed through payments in advance.

Ayush Jain, managing director of Delhi-based automotive component manufacturer Kube Autotech Pvt, had no idea about the growing aftermarket sales in Bangladesh.

Not only the GDP growth rate, but also peoples’ wellbeing and the existing environmental situation should be considered as the indicators of development, Professor Wahiduddin Mahmud said today.

Bangladesh's stock market bled and the benchmark index saw a massive fall today after Russia attacked Ukraine sending oil prices higher in the world market.