Prime Minister Sheikh Hasina yesterday strictly directed the ministries to find ways to gradually get rid of the huge amount of subsidies that have to be spent for various sectors.

The Anti-Corruption Commission (ACC) has asked banks to submit by today information pertaining to accounts of Agrani Bank Managing Director Mohammad Shams-Ul Islam and his spouse Nasrin Hasan Chowdhury.

The telecom regulator is set to bring massive changes to mobile data and other packages, a move that will cut the number of offers and enable customers to carry forward their unused data of the current deal to the next one.

Although Bangladesh’s overall export earnings from China increased 9.81 per cent year-on-year to $426.14 million in the last seven months, apparel shipments to the East Asian nation failed to meet expectations despite enjoying duty benefits.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Venture Capital & Private Equity Association of Bangladesh (VCPEAB) will work together to develop startups, and attract local and foreign venture capital investment.

Annually churning out some Tk 65 crore worth of products, businesses at the industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Pirojpur are incurring extra expenses for the lack of direct road connectivity.

Sri Lanka’s inflation hit a record high for the fourth consecutive month, official data showed Tuesday as an economic crisis driven by a crippling foreign exchange shortage worsens.

United Commercial Bank (UCB) has decided to form a subsidiary in Singapore to acquire a remittance business.

The Bangladesh Export Processing Zones Authority (Bepza) yesterday signed a land lease agreement with a Kuwait-Bangladeshi joint venture that will set up a lubricating oil blending plant in its economic zone.

The turnover of the Dhaka Stock Exchange (DSE) dropped below Tk 1,000 crore today, for the first time in nearly two months.

Prime Minister Sheikh Hasina has advised to gradually move away from subsidy, Planning Minister MA Mannan said today after emerging from the weekly meeting of Executive Committee of the National Economic Council (Ecnec).

The Gubrakura and Karaitali land ports in Haluaghat upazila of Mymensingh that connect Bangladesh with India are yet to become fully operational despite being opened about 10 years ago.

An extraordinary leak from one of the world’s iconic private banks, Credit Suisse, has exposed the hidden wealth of clients involved in torture, drug trafficking, money laundering, corruption and other serious crimes.

Bangladesh recently discussed the possibility of cooperating with Australia to explore offshore gas and renewable energy sources as a part of the country’s effort to ensure energy security and address the challenges of climate change.

After repeated revision of deadlines and costs, the long-awaited Joydevpur-Elenga Highway project is finally nearing completion and even at a slightly lower expenditure.

The government is undertaking a Tk 1,059 crore project to develop an optical fibre transmission network with a view to building 5G infrastructure all over Bangladesh.

Agriculture Minister Muhammad Abdur Razzaque yesterday urged rich nations to invest more to invent climate-smart agriculture and food systems and support developing countries.

A group of investors linked with mobile financial service operator Nagad Ltd have turned desperate to obtain a multipurpose licence that does not exist in Bangladesh.

The construction of the country’s first industrial park for electrical and light engineering product manufacturers in Munshiganj is set to be complete in June.

Global ports and terminal operator APM Terminals, a subsidiary of Danish shipping company AP Moller Maersk, has expressed interest in developing and operating the under-construction Patenga Container Terminal of the Chattogram port.