Mobile financial service provider Nagad has announced an increase in charges for cash-outs while introducing new fees for fund transfers. 

Bangladesh has the potential to grab a bigger market share in the European Union (EU), even in case of garments, on the condition that there is product diversification.

Eastern Bank PLC, in collaboration with Mastercard, yesterday unveiled “WEAREBL,” the country’s first wearable payment device featuring cutting-edge NFC technology.

Precision biotechnology is crucial for building climate resilience in the agricultural sector of Bangladesh, experts said at a dialogue yesterday. 

The Bangladesh Bank yesterday sat with the managing directors of Padma Bank and South Bangla Agriculture and Commerce (SBAC) Bank to know about the reasons for the reported resignation.

Bangladesh Cold Storage Association (BCSA) yesterday questioned the estimates of government agencies of potato production reaching record highs this year, claiming it to be much lower. 

Bangladesh’s imports of milk and cream plummeted to 118,000 tonnes in the last fiscal year of 2022-23, the lowest in eight years, after a section of consumers cut consumption of milk-based foods and beverages in a bid to manage costs amid heightened levels of inflation. 

Cotton waste is turning into a new cash cow for Bangladesh as it is increasingly being sold abroad although local garment exporters are in favour of retaining and recycling it.

Bengal Commercial Bank recently signed an agreement with National Exchange Company SRL to enhance remittance services.

Trust Bank Limited (TBL) has decided to buy 2.21 crore ordinary shares of Trust Axiata Digital Ltd from Axiata Digital Services Sdn Bhd.

Pubali Bank had deposits amounting to Tk 54,994 crore and current capital of approximately Tk 4,322 crore as of June this year. 

Bangladesh Brand Forum (BBF), in collaboration with Cannes Lions International Festival of Creativity, awarded 127 creative campaigns in the 12th edition of the prestigious advertising awards ceremony in Bangladesh, styled “Commward: Excellence in Creative Communication” at InterContinental Dhaka.

Summit Alliance Port Limited (SAPL) has signed a memorandum of understanding with Pristine Logistics & Infraprojects Limited, one of the largest integrated rail terminal operators in India, to form a joint venture to improve rail logistics in Bangladesh.

Sri Lanka’s worst economic crisis since its independence began in 2019. Experts attribute a plethora of reasons behind the crisis. First, after the end of the civil war in 2009, the country emphasised providing goods for the local market instead of trade, a decision that led to a continued trade deficit of more than $3 billion each year. Along with trade policies, tax cuts in 2019 led to a loss of government revenue of over $1.4 billion a year.

Summit Alliance Port Limited (SAPL) has signed a memorandum of understanding with Pristine Logistics & Infraprojects Limited, one of the largest integrated rail terminal operators in India, to form a joint venture to improve rail logistics in Bangladesh.

Bangladesh's foreign exchange reserves slipped below $22 billion today after the central bank cleared import bills worth $1.36 billion through the Asian Clearing Union (ACU).

The retail price of potatoes should not be more than Tk 35-36 per kilogramme right now, said the leaders of the Bangladesh Cold Storage Association (BCSA) today.

It was 9.76 percent in the previous month. The overall inflation increased by 23 basis points to 9.92 percent in August, according to the Bangladesh Bureau of Statistics (BBS).

Starting from difficulties in securing visa and work permits to opening and settling of letters of credit (LCs) and an unavailability of tax-related materials and booklets in English language, there are numerous hindrances that Chinese investors face in Bangladesh.

The government should facilitate local motorcycle manufacturers in various ways to grab a share of the international export market, said Hafizur Rahman Khan, president of the Bangladesh Automobiles Assemblers and Manufacturers Association, yesterday.