Noted economist Prof Nurul Islam’s contribution to the independence of Bangladesh and nation building after independence was remarkable as he played a role in diagnosing the disparity between the then East Pakistan and West Pakistan, launch the first five-year plan and enlist Bangladesh as a least developed country (LDC), said economists. 

Pubali Bank Limited has recently signed a memorandum of understanding (MoU) with Bproperty at the bank’s head office in Dhaka.

A new feature styled “Auto Pay” has recently been added to bKash app’s Send Money service to make it more convenient for users.

NRBC Bank’s assets have increased by 29 per cent to Tk 16,115 crore by the end of December 2022, compared to the previous year’s Tk 12,462 crore.

Bangladesh’s export earnings from mango have jumped this year as local growers are supplying an improved quality of the popular fruit through both private and public initiatives.

Operations at Payra port have slowed down significantly following the temporary stoppage of coal imports for the Payra Thermal Power Plant in Kalapara upazila of Patuakhali.

Rawhide traders and farmers at the grassroots level are expected to receive better prices from the sale of animal skins during the upcoming Eid-ul-Azha as the business outlook for leather and leather goods for 2023 is still bright despite the lingering uncertainty at home and abroad. 

Bangladesh’s economy is poised to regain its high growth trajectory by the next year as price effects of the Russia-Ukraine war have largely stabilised and significant improvement has taken place in containing global pandemic situation, projects the Bangladesh Bank (BB) yesterday.

US chip giant Intel will spend $25 billion on a new plant in Israel, officials said Sunday, with Prime Minister Benjamin Netanyahu calling it the country’s single largest foreign investment.

Bangladesh’s foreign exchange reserves will rise to approximately $30 billion at the end of June this year, said the central bank yesterday.

Nature supplies us with essentials like air, water and food, among other necessary resources in our daily lives in order to help us survive. It is thus evident that if nature is under threat, it would cause a significant impact on humankind.

The government is set to miss its development spending target as well as the goal of raising the use of foreign loans by a large margin in the outgoing financial year, official figures showed.

The central bank is going to roll out the country’s own debit card by August to allow travellers to make payments at home as well as in India, said Bangladesh Bank Governor Abdur Rouf Talukder yesterday. 

Bangladesh has a huge skincare and colour cosmetics market that is ruled by fake products and illegally imported items, said an official.

A contractionary monetary policy statement (MPS) for the first half of the 2023-24 fiscal year will help to revive the financial and private sectors, said Barrister Md Sameer Sattar, president of the Dhaka Chamber of Commerce & Industry (DCCI).

Rangs Limited, a distributor of Japanese automaker Mitsubishi Motors in Bangladesh, has launched a brand-new “Xpander 2023” in the local market at a price of Tk 44.50 lakh ahead of Eid-ul-Azha.

Parveen Mahmud, the first female president of the Institute of Chartered Accountants of Bangladesh (ICAB), won the “Top 50 Women Global Awards Sri Lanka 2023” in the category of “Leadership in Finance and Accounting” for her remarkable achievements and dedication to the profession in and beyond the border.

Twitter plans to focus on video, creator and commerce partnerships to revitalise the social media company’s business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino that was reviewed by Reuters.

The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.

The government is likely to discard its plan to ask for wealth statements from the people who travel abroad, according to officials of the finance ministry.