Islami Bank Bangladesh Ltd (IBBL) has sent a rejoinder to a report headlined “6pc private bankers lose jobs during pandemic” published in The Daily Star on February 1, 2022.

Farmers are expanding cultivation of hybrid rice to reap benefits of higher yield than inbred varieties and profit from sale of the staple food.

The Bangladesh Bank should raise the private sector credit target and review other major goals by conducting the mid-term review of the monetary policy statement for 2021-22, said analysts.

Bangladesh has disbursed 59 per cent of the total credit support unveiled by the government to protect businesses, the economy and the poor since the coronavirus pandemic hit the country more than one-and-a-half years ago.

Bangladesh International Arbitration Centre (BIAC) on Tuesday witnessed the appointment of a new chief executive officer.

The Bangladesh Bank today instructed banks to continue running their operations with 50 per cent of employees until February 21 in order to tackle the third wave of the coronavirus pandemic.

The government is preparing a roadmap to increase rice production in the next two years, as the country is still struggling to contain the staple food’s price despite achieving record production, Agriculture Minister Muhammad Abdur Razzaque said today.

Stocks in Dhaka maintained upward trend for the third consecutive day today amid the surge in Covid cases.

The Real Estate and Housing Association of Bangladesh (REHAB) has urged the land ministry to continue the existing law of the power of attorney considering the real situation.  

Listed textile manufacturers logged a staggering 152 per cent higher profits year-on-year in the October to December period of the current financial year of 2021-22.

Shares on the Dhaka Stock Exchange (DSE) rose for the second consecutive day yesterday, pushing the benchmark index above 7,000 points after three days.

Implementation of the Bangladesh, Bhutan, India and Nepal (BBIN) motor vehicle agreement will enable the adoption of a sub-regional protocol for a cost-effective, efficient and seamless multimodal transport system, according to speakers at a webinar.

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Earnings from merchandise exports from Bangladesh surged 41.13 per cent year-on-year to $4.85 billion in January, the second-highest single month receipts, on the back of rebounding garment shipments.

Bangladeshi automobile makers do not have proper policy support, design and drawing to locally produce two-, three- and four-wheelers, businesses said today.

The local garment exporters are not worried about the sanction on some officials of the Rapid Action Battalion (Rab) as that move has not yet affected apparel shipment to the USA and other countries.

Shares on the Dhaka Stock Exchange (DSE) rose for the second consecutive day today, pushing the benchmark index above 7,000 points after three days.

Foreign portfolio investment in stocks dropped last month compared to that in the preceding one as the investors had embarked on a selling spree.

The government yesterday handed over two jute mills to the private sector as part of its efforts to modernise the state-run enterprises dealing with the natural fibre.

Fakir Apparels Ltd (FAL) appointed 400 new workers last month after training them for three months at its training centre as the Narayanganj-based garment factory has received 25 per cent more work orders this season compared to the last season.