The Chittagong Chamber of Commerce and Industry has urged the central bank to extend the tenure of post-import financing (PIF) to keep the market stable and ensure a smooth supply of consumer goods during the pandemic.

Former Bangladesh Bank deputy governor SK Sur Chowdhury yesterday said that the corruption allegations raised against him were “completely false”.

The cash-strapped tanners yesterday got three more months to repay their default loans under relaxed facilities.

The government is likely to keep the opportunity to whiten black money without asking any question on the source of fund in the next fiscal year owing to the lobby from various quarters, said officials of the finance ministry.

The Asian Development Bank yesterday approved a loan package of $940 million for Bangladesh to help the country buy Covid-19 vaccines.

The government has taken an initiative to formulate policy to promote and develop engineering industries, create jobs and expand the country’s industrial base.

Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.

A duty-free facility meant for weavers has allegedly been misused to import about Tk 400 crore worth of raw materials.

Brac Bank has partnered with five new exchange companies to channel wage earners’ remittance through its countrywide network.

America’s largest garlic farm needs 1,000 workers to harvest its annual crop, but faces an unexpected hurdle in this year’s recruitment drive: it now must document and track the Covid-19 vaccine status of these seasonal laborers.

British supermarket sales fell 1.6 per cent in the 12 weeks to June 13 year-on-year as the re-opening of indoor hospitality took spend away from the grocers and into the nation’s cafés and restaurants, industry data showed on Tuesday.

City Bank recently witnessed the appointment of a new deputy managing director.

Rancon Motorbikes is celebrating Suzuki’s centenary launching a new Gixxer and Gixxer SF series through its official Suzuki Facebook page recently.

Brac Bank has partnered with five new exchange companies to channel wage earners’ remittance through its countrywide network.

Shopowners today stressed the need for collecting value-added tax (VAT) at source until the government completes installing cash register machines in all kinds of stores.

The stock market experienced a fall today just a day after hitting a three-and-a-half-year high, as investors went for booking profits.

Private sector borrowers will have to keep at least 5 per cent in cash collateral against foreign loans with the associated guarantee-providing banks.

Bitcoin tumbled almost 10 per cent on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing jitters over China’s expanding crackdown on bitcoin mining in thin liquidity for the losses.

Dhaka stocks rose to a three-and-a-half-year high yesterday as institutional investors received a boost following the complete withdrawal of the floor price for all companies by the regulator.

Car factories, including those of Renault-Nissan, Hyundai and Ford, can operate with full workforces in India’s automaking hub from Monday, even though 75 per cent of workers at the global carmakers’ plants have not been vaccinated against Covid-19.