Bangladesh's foreign exchange reserves are likely to fall below $21 billion next week after the Bangladesh Bank clears import bills of around $1.35 billion with the Asian Clearing Union (ACU), said a senior central bank official.

Chinese textile and garment entrepreneurs are bullish about Bangladesh as the country cements its position as a top supplier of apparel items, evidenced from a healthy flow of orders from international clothing retailers and brands.

Pran-RFL Group plans to set up a second industrial park in Natore and Prime Minister Sheikh Hasina has assured the group chairman of providing gas supplies to it, said the conglomerate’s marketing director, Kamruzzaman Kamal, yesterday.

About 47 percent of the factories that were deemed at risk of industrial accidents by the Bangladesh Investment Development Authority (Bida) have yet to implement necessary corrective measures within the stipulated deadline of December 2023, officials of the government agency said.

In the financial sector, green financing focuses on funding eco-friendly projects that will support managing intents towards a healthy environment not only for the existing generation but also for the future generation. It refers to the promotion of environment-friendly practices and the reduction of bank finances towards carbon-related footprint.

The bilateral trade between Bangladesh and Myanmar through the Teknaf land port came to a complete halt on Sunday due to the escalation of the fighting in Rakhine state between the government forces in the Southeast Asian nation and the rebel Arakan Army.

The overall inflation in Bangladesh slid 19 basis points to 9.67 percent in February thanks to a fall in the prices of both food and non-food items, according to sources at the planning ministry.

Farmers are registering reduced profitability from paddy cultivation due to tightening of the rural labour market and declining real prices for the cereal grain, according to a joint study by two international research organisations.

The NBR chairman urged businesses in Rajshahi to reduce their reliance on subsidies as such a tendency contradicts the country’s aspiration to become a developed nation by 2041.

Stocks listed on the Dhaka Stock Exchange (DSE) bounced back yesterday, snapping a five-day losing streak.

From March 7, TCB will sell sugar at Tk 100 a kg

Inflation slides 19 basis points to 9.67℅

NBR sits with Rajshahi businesses in a pre-budget discussion

From March 7, a bhori of 22-carat gold will cost Tk 112,907

Businesses brought in 400 tonnes of the vegetable in February

Bitcoin touched a record high on Tuesday, fuelled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall

The DSEX added 35 points, or 0.57 percent, to end at 6,166

The local drug maker's shares traded at Tk 22 as of 12pm

Bangladesh’s garment and textile businesses yesterday sought to import apparel and textile waste, including clippings, on a duty-free basis in a bid to boost recycled fibre production

Telecom operators yesterday placed several proposals for the upcoming national budget for fiscal year 2024-25, demanding slashing corporate tax, withdrawing value added tax (VAT) on SIM sales and preventing double taxation, saying these would aid digitalisation in the country.