Teetering on the verge of a crisis, Jamuna Life Insurance Company Limited has been prescribed some remedies by the insurance regulator, including preparation of a business action plan at the earliest for the next three years. 

A new tea auction centre began operations in Bangladesh’s northwest bordering district of Panchagarh yesterday, making it the third establishment of its kind following the country’s first in Chattogram and the second in Sreemangal.

Almost all major foreign currencies like the European Union’s euro, British pound sterling, Chinese renminbi, Japanese yen and Indian rupee are following in the footsteps of the US dollar in becoming stronger against the local currency. 

The construction materials industry of Bangladesh has registered massive growth over the past decade as some mega projects are providing ample opportunity for capacity building and ensuring world-class products, according to industry insiders.

Japan’s factory activity shrank for a third straight month in August, a survey showed on Friday, as manufacturers were squeezed by cost pressures from raw material inflation and rising wages.

Analysts and economists yesterday recommended ensuring environmental, social and corporate governance (ESG), technological advancement and ethics in every stage of development activities to attain its sustainability. 

I became a management committee (mancom) member of an Australian bank quite early. My climbing to the top role in the local office of a leading USA-based bank was also relatively early. In those days, a CEO was kind of a CEO, no matter whether you drive change or not. Almost always the boss’s man and focusing on upward management. 

The opening of an elevated expressway in Dhaka yesterday will save time and money from now on, enabling businesses to enhance their competitiveness and boost exports, said exporters yesterday. 

The growth of the country’s packaging industry is in a slow lane due to the persisting economic uncertainty and the impacts of the price hike of the US dollar, gas and electricity, according to industry people. 

IT exports from Bangladesh have fallen for the first time in five years, which is an ominous sign for the government’s export diversification efforts as the country is failing to produce big IT firms.

The history of indigo farming under British rule is still cause for indignation among many in Bangladesh as it reminds of the tyranny faced in having to cultivate the plant in place of food crops.

Banks in Bangladesh have decided to enforce a uniform exchange rate of the US dollar from next week with a view to moving away from multiple prices of the American greenback blamed for the ongoing foreign currency instability.

Businesses of the US want to invest more in agriculture and service sectors in Bangladesh as the country is expected to be the 9th largest consumer market globally by 2030, stated a visiting American business delegation yesterday. 

The Anti-Corruption Commission (ACC) has asked banks to send account details of former Bangladesh Bank deputy governor SK Sur Chowdhury and his spouse and daughter as a part of an investigation in a tax evasion case against the three. 

The Bangladesh House Building Finance Corporation (BHBFC) has secured first position in the Annual Performance Agreement (APA) for financial year 2022-23.

Oil prices rose on Thursday, boosted by a large drawdown in US crude inventories and production cuts by Opec+, but a slowdown in China’s manufacturing activity limited gains.

You’re hungry? Not up to preparing a meal? No worries! Just enter your menu choices into a computer and your dinner appears before you.  

Bangladesh can increase garment exports to $100 billion by 2030 and account for 12 percent of the global trade through market diversification, innovation and technological and skills development, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association. 

Bangladesh Investment Development Authority (Bida) from next month will start checking up on the progress made by 17 factories in implementing a correction action plan (CAP) on ensuring safe work environments. 

Failure to file the income tax return by Tax Day, which is observed on November 30, will result in a double penalty compared to last year. So, try to avoid additional penalties by submitting your income tax return within the stipulated time.