The revenue authority has slashed import tariffs on rice until October 30 to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.

The Dhaka stocks rallied today sending the benchmark index to near 6,700 amid retail investors’ increased participation.

The Label Makers Ltd, a Bangladeshi company, is going to invest $1.14 million in Dhaka Export Processing Zone to establish a garment accessories industry.

The revenue authority is likely to slash import tariffs on rice for nearly three months to October 30 to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.

Beleaguered e-commerce platform Evaly has been given three weeks to provide a detailed response to the recent show-cause notice it received from the commerce ministry.

Malls and markets reopened yesterday after closures for nearly three weeks owing to lockdowns imposed to combat the resurgence of Covid-19 infections.

Finance Minister AHM Mustafa Kamal yesterday said that there is no plan to revise the GDP growth target right now as he believes the government will be able to maintain the estimated growth rate for fiscal 2021-22.

South Bangla Agriculture and Commerce Bank (SBAC) debuted on the stock market yesterday and the price of its shares almost immediately soared by 10 per cent as no one was selling the stock.

National Fisheries Week will be observed across the country from August 28, according to Fisheries and Livestock Minister SM Rezaul Karim.

Bangabandhu Sheikh Mujibur Rahman has not only pulled Bangladesh out of the wreckage caused by the war but took visionary steps to plant the seeds of economic prosperity for the country, said speakers yesterday.

Within less than five years of getting listed in the stock market, Nurani Dyeing has kept its factory shut for a long time without informing its investors.

The Bangladesh Bank yesterday refused to revisit its instruction that asked banks to set a higher interest rate on fixed deposits than the inflation rate despite pleas from lenders.

Shafiqul Islam Ratan has been running a sweet shop with his siblings near a residential area on Kalshi road in the capital’s Mirpur for the last six-seven years.

Walton Hi-tech Industries saw its profits double in the recently concluded fiscal 2020-21, riding on higher sales of air conditioners and refrigerators past an earnings decline for the pandemic.

A cryptocurrency platform has lost an estimated $600 million in digital tokens after one of the sector’s biggest ever hacking attacks, according to details of the heist which emerged on Wednesday.

Bangladesh will observe National Fisheries Week-2021 starting from August 28 across the country maintaining health rules in a befitting manner, Fisheries and Livestock Minister SM Rezaul Karim said today.

The current economic success story of Bangladesh was mainly founded by Bangabandhu Sheikh Mujibur Rahman, as the father of the nation took some visionary steps after the independence of the country in 1971, speakers said today.

The Asia Garment Hub, a one-stop digital knowledge platform, was launched today to help industry stakeholders understand, promote and operationalise decent work and sustainable business practices across the supply chain.

Local electronics giant Walton Hi-tech Industries saw its profit doubled in the recently concluded 2020-21 financial year thanks to the higher sales of air-conditioners and refrigerators after experiencing a massive fall in earnings since the Covid-19 outbreak.

Finance Minister AHM Mustafa Kamal said there is no plan to revise the GDP growth target right now, as he believes the government will be able to maintain the estimated growth rate for 2021-22 fiscal year.