The foreign exchange crisis in Bangladesh has dealt a blow to credit card users as the sharp appreciation of the US dollar against the taka has narrowed their scope for foreign purchases through cards.

Although Reckitt Benckiser (Bangladesh) PLC, with renowned household brands such as Mortein, Dettol and Harpic, is light years ahead of little-known cold storage Himadri Ltd in terms of business performance, their stocks prices belie the real scenario.

A rise in the number of people who welcome pets into their homes and trends such as a humanisation of pets and ethical pet ownership have led to a boom in demand for pet food and related accessories.

The officials of the Directorate of National Consumers’ Right Protection (DNCRP) did not find any trader in many shops during their drive at Karwan Bazar yesterday afternoon.

Two more garment factories in Bangladesh have been awarded the “Leadership in Energy and Environmental Design (LEED)” by the US Green Building Council (USGBC) for their green initiatives in production.

DBH Finance PLC has decided to issue a Tk 550 crore bond to facilitate affordable home finance.

The Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) has sought cooperation from the central bank so that the interest rate on loans does not increase by a large margin. 

The seventh round of meetings under the Trade and Investment Cooperation Forum Agreement (Ticfa) will begin in Dhaka tomorrow, Senior Commerce Secretary Tapan Kanti Ghosh said yesterday. 

This is the first BDT-INR export transaction for Bangladesh’s electronics industry

The leaders of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) have sought the cooperation of the central bank so that the interest rate on loans does not increase by a large margin.

The number of banks, insurance companies, brokerage firms, and merchant banks is much higher in Bangladesh than in many other countries at a similar level of development or having a similar size of population and economy.

Bangladesh should negotiate with the European Union (EU) to soften some provisions in the proposed Generalised System of Preferences (GSP) Plus since the country has extra time to do so after the EU extended the tenure of the existing GSP status up to 2027, an economist said yesterday.

An arbitration verdict was passed in favour of LafargeHolcim Bangladesh Limited, enabling it to get refunds for excess charges imposed by state-run Jalalabad Gas Transmission and Distribution System Limited on natural gas consumption. 

The Association of Anti-Money Laundering Compliance Officers of Bankers in Bangladesh (AACOBB), in association with Bangladesh Financial Intelligence Unit (BFIU), arranged a conference on “Prevention of Money Laundering and Terrorist Financing” on Saturday.

The country’s mutual fund sector is performing well and will continue to maintain the momentum in the coming days, said Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat-Ul-Islam. 

Until now, banks and financial institutions were allowed to trade the bond at a face value of Tk 5,000 crore

Bangladesh Bank data finds

It's the first Bangladeshi pharma company to reach the landmark

If you had visited the Krishi Market in the capital’s Mohammadpur during the first half of yesterday, you might have noticed two young men trying to sell half-burnt soaps, packets of detergent and several containers containing cleaning agents on a rickshaw-van.

Pharmaceutical exports from Bangladesh grew nearly 15 percent year-on-year in the first two months of the current fiscal year as drug-makers secured international tenders, according to industry people.