The Bangladesh Association of Software and Information Services (BASIS) has urged all the ministries and their affiliated agencies to allocate 10 per cent of their annual budget for buying software and IT-enabled services (ITES).

Almost all listed pharmaceutical companies in Bangladesh registered higher profits in the first half of the ongoing financial year (FY) thanks to increased health consciousness amid the coronavirus pandemic.

Being a densely populated country, one of the major sources of Bangladesh’s competitiveness is the young and vibrant workforce. We have around six million economically active population, and various estimates suggest that around two million people are joining our labour force every year.

Potato growers in Bangladesh are grappling to recover their investment as prices of the tuber crop have fallen below their production cost this season, according to various farmers.

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.

Bangladesh Association of Software and Information Services (BASIS) has urged all the ministries and their affiliated agencies to allocate 10 per cent of their annual budget for buying software and IT-enabled services (ITES).

Remittance hit a four-month high in January after the government increased cash subsidy to remitters.

Trading at Dhaka Stock Exchange (DSE) bounced back strongly today, after falling for four consecutive days.

Some Tk 2,530 in cash, some blank cheques, and documents were recovered from inside two lockers of the e-commerce platform Evaly yesterday.

The Bangladesh Securities and Exchange Commission approved an open-ended mutual fund, named the SAML Growth Fund, at a commission meeting yesterday.

Listed power generation companies of Bangladesh have started to feel the negative impact of the expiry of power purchase agreements with the government.

AB Bank Limited and Grameenphone recently signed a memorandum of understanding (MoU) over providing digital services to each other.

The prime index of the domestic stock market plunged yesterday as investors entered a selling spree in the face of rising coronavirus infection rates.

Krishibid Seed has got approval to raise funds of Tk 11.60 crore as a small and medium enterprise through issuing 1.16 crore shares.

Participating companies of the 26th Dhaka International Trade Fair (DITF) bagged export orders worth about $16 million at the month-long event that ended yesterday.

Bangladesh’s largest industrial enclave, Bangabandhu Sheikh Mujib Shilpa Nagar, in Mirsarai, Chattogram, finally witnessed the start of operations of its maiden factory last week.

The Bangladesh Competition Commission (BCC) yesterday filed a case against Alesha Mart, an e-commerce company, for creating uneven competition in the market by offering unfair discounts.

Private sector credit growth in Bangladesh accelerated to 10.68 per cent in December rising for the seventh consecutive month as the economy rebounds from the coronavirus pandemic.