Govt opens a wholesale flower market in Dhaka's Gabtoli

A massive transformation is set to occur in the transportation of goods and passengers with the opening of the country's first elevated expressway in Dhaka. Economists and businesses have said that this mega-infrastructure project will significantly reduce both the time and cost of doing business.

The growth of the country’s packaging industry is in a slow lane due to the persisting economic uncertainty and the impacts of the price hike of the US dollar, gas and electricity, according to industry people. 

IT exports from Bangladesh have fallen for the first time in five years, which is an ominous sign for the government’s export diversification efforts as the country is failing to produce big IT firms.

The history of indigo farming under British rule is still cause for indignation among many in Bangladesh as it reminds of the tyranny faced in having to cultivate the plant in place of food crops.

The Anti-Corruption Commission (ACC) has asked banks to send account details of former Bangladesh Bank deputy governor SK Sur Chowdhury and his spouse and daughter as a part of an investigation in a tax evasion case against the three. 

For a third consecutive year Sonali Bank PLC has topped the chart among state-owned commercial banks under Financial Institutions Division in implementing its annual performance agreement (APA) in fiscal year 2022-23.  

Trust Bank has been recognised as one of the top seven banks in the “Sustainability Rating 2022” by the Bangladesh Bank.

Shahjalal Islami Bank Ltd received an award as a recognition of success for achieving a satisfactory position in the sustainable rating by the Bangladesh Bank.

Brac Bank has been awarded as one of the top sustainable banks in the country by the Bangladesh Bank in its “Sustainability Rating of 2022”.

The Bangladesh House Building Finance Corporation (BHBFC) has secured first position in the Annual Performance Agreement (APA) for financial year 2022-23.

Oil prices rose on Thursday, boosted by a large drawdown in US crude inventories and production cuts by Opec+, but a slowdown in China’s manufacturing activity limited gains.

Bonds, debentures and Shariah-based products like sukuk from now on cannot be shown as a component of banks’ stock market exposure, according to a circular of Bangladesh Bank yesterday. 

You’re hungry? Not up to preparing a meal? No worries! Just enter your menu choices into a computer and your dinner appears before you.  

Bangladesh can increase garment exports to $100 billion by 2030 and account for 12 percent of the global trade through market diversification, innovation and technological and skills development, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association. 

Banks in Bangladesh have decided to enforce a uniform exchange rate of the US dollar from next week with a view to moving away from multiple prices of the American greenback blamed for the ongoing foreign currency instability.

Businesses of the US want to invest more in agriculture and service sectors in Bangladesh as the country is expected to be the 9th largest consumer market globally by 2030, stated a visiting American business delegation yesterday. 

Bangladesh can increase garment exports to $100 billion by 2030 and account for 12 percent of the global trade through market diversification, innovation and technological and skills development, said Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association

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A probe is going on for their alleged involvement with PK Halder