Two IT entrepreneurs and four enterprises have been honoured with The Daily Star ICT Awards 2021 for their pioneering roles and achievements in Bangladesh’s information and communication technology (ICT) sector.

Stocks made a comeback today from a three-day losing streak spurred by the regulator’s decision to make more margin loans available for investors.

Consumer price growth has spiked, driven by non-food inflation which is approaching 7 per cent. Inflation in Bangladesh is catching up with global trends. As in the case of the rest of the world, cost-push has been the most important driver which in turn came from increases in energy prices. 

Meghna Bank and Southeast Bank have got permission to issue subordinated bonds to raise funds.

American automobile brand Jeep has started its official journey in Bangladesh.

International Finance Corporation signed an agreement with Bangladesh Bank recently to provide $900,000 as technical assistance grant to efficiently implement a credit guarantee scheme for cottage, micro, small and medium enterprises to better face the pandemic’s challenges.    

Standard Chartered has completed the first deal using risk-free rate (RFR) with its clients, Akij Ceramics Ltd and Unilever Bangladesh Ltd.

Social Islami Bank recently witnessed the appointment of a new additional managing director. 

Shares on the Dhaka Stock Exchange (DSE) extended losses yesterday, sending the key index of the market to a four-month low.

Farmers in Pabna are increasingly turning towards vegetable cultivation as other crops offer comparatively lower profits, according to various locals.

Envoy Textiles Limited plans to issue zero coupon bonds to raise about Tk 168 crore for financing its captive power plant project and pre-pay a portion of the high-cost loan.

Sonali Paper and Board Mills is witnessing an inexplicable rise in its share value and as a result, the company’s stocks are trading at an abnormal level, according to analysts.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday requested Bangladesh Bank to extend the implementation of the relaxation policy on loan classification until July next year.

Consumers in Bangladesh were squeezed further in November as inflation kept rising, driven mainly by non-food inflation as the impacts of last month’s hike of diesel and kerosene prices are taking a hold.

Six listed banks in Bangladesh cut their expenditures for the salaries and allowances of employees amidst the pandemic in 2020 in an apparent attempt to keep their profits unscathed.

Most stocks in Dhaka fell today, sending the key index to a four-month low.

The budget for the current fiscal year is set to be slashed by 1.6 per cent in the revised one because of lower development expenditure, with the cut being marginal for healthy revenue collection and higher subsidy spending.

Government borrowing from the banking sector has seen a rapid surge this fiscal year mainly due to the lower investment of general people and firms in national savings tools, a development that may crowd out the private sector.

The world is more environmentally conscious than ever before as the threats of pollution are becoming increasingly obvious.

Spice cultivation has enhanced the incomes of farmers in Nilphamari thanks to their higher yield and elevated prices, helping growers overcome losses they incurred in the previous years by producing traditional crops such as paddy, wheat and jute.