Raw sugar duty now Tk 1,500 a tonne, refined sugar duty Tk 3,000

Migrant workers sent home $1.98 billion in October

If unrest hampers operation, factories will be shut, the association says

The government's expenses on interest payments rose 22.14 percent year-on-year to Tk 92,538 crore in the last fiscal year due mainly to a higher cost of borrowing.

Bankers in Bangladesh yesterday decided to further devalue taka against the US dollar to increase the flow of foreign currencies through formal channels, according to a top official of a private bank.

The transport of export and import containers between private inland container depots (ICDs) and the Chattogram port faced little disruption yesterday, the first day of the three-day blockade enforced by BNP and Jamaat-e-Islami.

Members of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will implement the new wage structure for their workers from December this year as per the recommendation of the government-formed wage board, said the trade body yesterday.

IT exports from Bangladesh rose marginally in July but it failed to live up to expectations as the sector continues to underperform compared to its peers in the rapidly expanding technology market around the world.

The Bangladesh Bank (BB) yesterday relaxed rules regarding encashment of export proceeds in the local currency, taka, in order to encourage exporters to bring receipts.

ABM Abdul Mannan, a sponsor of NRB Commercial Bank, wants to sell 96 percent of his stakes in the bank, as soon as the shares become sellable after the completion of the lock-in period.

Revenue collection will become very challenging this year if the ongoing political unrest prolongs, according to Abu Hena Md Rahmatul Muneem, chairman of the National Board of Revenue (NBR).

Prime Bank recorded a 23 percent year-on-year increase in profit to Tk 345 crore in the January-September period of 2023.

Businesses in Bangladesh said that Chattogram has the potential to become a major trading hub that acts as a vital engine for economic growth in the country and its neighbouring regions.

Al-Arafah Islami Bank Ltd held its 392nd meeting of the board of directors on October 30.

Southeast Bank Ltd launched six agent banking outlets across the country through a virtual ceremony.

Dhaka Bank Ltd has launched a digital banking campaign styled “DB Smart” at its corporate head office in Gulshan 1.

It made a profit of Tk 345 crore in Jan-Sep period

ABM Abdul Mannan will sell 4.49 crore out of his 4.7 crore shares

Exporters will get Tk 111 for a dollar, up from Tk 110.5

In Jan-Sep, the bank's loss hit Tk 1,123 crore in 2023 from last year's Tk 357 crore