Non-bank financial institutions and government entities can now extend mobile financial services (MFS) along with banks, according to a Bangladesh Bank circular released today.

The harvested rainwater meets minimum 15 per cent and up to 60 per cent demand for non-drinkable water in the textile and garment factories, which is helpful for greening the industry and cutting its overdependence on groundwater, a study finds.

The index of the Dhaka Stock Exchange (DSE) dropped today for the second consecutive day when the turnover also fell.

The Board of Trustees of the Asian University for Women (AUW) in Chattogram appointed Rubana Huq as the vice chancellor of the university with effect from today.

IFIC Bank is set to sell its entire holding of Nepal Bangladesh Bank Ltd (NBBL) to a Nepalese national for Tk 439 crore.

Saif Powertec, a logistics and container supply chain management provider, is building a multipurpose jetty at the Mongla port with an estimated investment of around Tk 1,600 crore to handle both container and cargo ships, said officials yesterday.

Doreen Power Generations and Systems Limited yesterday announced that its subsidiary, Chandpur Power Generation, has completed a 100-hour reliability run test as per the power purchase agreement signed with the Bangladesh Power Development Board.

Major indices of the stock market dropped yesterday as investors opted to take profits, effectively ending a four-day gaining streak.

Purchases through mobile financial services (MFS) increased significantly in December as people are getting more prone to using digital means for availing necessities.

Md Habibur Rahman, the new chief economist of Bangladesh Bank, said that he would give utmost priority to addressing the challenges that arose from the coronavirus pandemic.

Bangladesh has turned into a major sourcing hub for uniforms for the military, navy, air force, fire brigade and police for countries around the world as local garment manufacturers have enhanced their capacity and diversified products.

Doreen Power, a listed power producer, announced today that its subsidiary Chandpur Power Generation has completed 100 hours reliability test run.

The stock market index dropped today after rising for the last four days.

The Bangladesh Bank yesterday appointed Md Habibur Rahman as its new chief economist.

Heavy dependence on banks for long-term funding is weakening the financial health of local lenders, according to analysts.

The government will take all possible steps to harness the potential of seaweed and other marine resources for the development of the blue economy, said Fisheries and Livestock Minister SM Rezaul Karim.

Stocks ended flat for the second consecutive day yesterday as investors kept maintaining their wait-and-see approach amid higher infections of Covid-19.

Shipping lines in Bangladesh have expressed concern over some provisions in the recently published policy for private inland container depots (ICDs), citing that certain measures may cause adversities in running operations.

Bangladesh Bank yesterday asked banks to appropriately provide relevant data of inland letters of credit (LCs) to the online import monitoring system (OIMS).

Bangladesh Bank yesterday ordered non-bank financial institutions (NBFIs) not to disburse loans using cheques of current accounts they have to maintain with the central bank.