Digital payments platform Visa yesterday launched a service in Bangladesh in line with Islamic banking principles. 

Two top Bank of England officials surprised investors this week by saying the time might be nearing for the British central bank to rein in the huge stimulus programme it has used to steer the economy through the coronavirus crisis. 

Balikandi of Moulvibazar sadar upazila has a long history of being a hub for leather trade in the greater Sylhet division. Even a few years ago, hundreds of people were making a living out of it.

A “cattle train” service rolled out by Bangladesh Railway seems to have fallen flat as just a single locomotive carrying 200 sacrificial animals for Eid-ul-Azha began its journey to Dhaka on Saturday.

Digital commerce firms will have to obtain Business Identification Numbers (BINs) from the National Board of Revenue to continue operations, said Commerce Secretary Tapan Kanti Ghosh yesterday.

Mango exports nearly tripled in fiscal 2020-21 compared to the year before, but the quantities shipped are still too low considering the total annual production.

Farmers cultivated Aus paddy on a reduced area in Bangladesh this year because of dry weather during the main transplantation season, said farmers and officials.

The benchmark index of Dhaka Stock Exchange (DSE) rose to its record high yesterday despite technical glitches halting trade at the premier bourse for around one and a half hours.

Cross-border trade through the Hili land port in Dinajpur’s Hakimpur upazila will remain suspended for a week from July 18 to July 24 marking Eid-ul-Azha, one of the main two religious festivals for Muslims.

International retailers and brands are putting on hold work orders placed with many factories amidst the uncertainty over whether garment factories will be allowed to run during the upcoming 14-day lockdown beginning July 23, said exporters.

Leading mobile financial service provider bKash yesterday suspended transactions through its channel with 10 e-commerce platforms.

The Chattogram VAT commissionerate filed a case on Thursday accusing KSRM Steel Plant of dodging value-added tax (VAT) payments worth Tk 231.17 crore on product sales and raw material purchase.

Customers  filed a staggering 13,317 complaints against top e-commerce,  ridesharing, food delivery platforms, and Facebook-based businesses in  Bangladesh in the last three fiscal years, official figures showed.

Workers of a garment factory blocked a road in Gazipur yesterday morning, demanding their pending salaries and other dues ahead of Eid-ul-Azha.

Pran Agro has achieved financial closure of a Tk 2,100 million ($25 million) non-convertible, redeemable bond, with credit guarantee from GuarantCo and fully subscribed by MetLife Bangladesh.  

The National Housing Finance and Investments yesterday witnessed the appointment of a new managing director for three years. 

Tea garden owners in Bangladesh have urged the government to keep the industry out of the purview of the strict nationwide lockdown beginning on July 23.

Ever since the beginning of July, Abul Hossain, a livestock farmer based in the southwestern district of Bagerhat, has been patiently waiting for buyers for the three bulls he reared over the past three years.

Bangladesh Textile Mills Association (BTMA) yesterday strongly denounced rumours regarding safety compliance in the country’s textile industry.

Leading mobile financial service provider bKash today suspended transactions through its channel to 10 e-commerce platforms.