The Bangladesh Cement Manufacturers Association (BCMA) has urged the Chattogram Custom House to cut the assessment value of three raw materials as their prices have fallen in international markets.

Initiatives to bring about reforms in the financial sector of Bangladesh have been moving in the right direction, according to Martin Holtmann, country manager of International Finance Corporation (IFC) for Bangladesh, Nepal and Bhutan. 

Gross foreign exchange balances held by commercial banks in Bangladesh rose to a 19-month high of $5.53 billion in June, owing to lower imports and higher export and remittance earnings, central bank data showed.   

Public food stocks in Bangladesh rocketed to an 18-month high in July thanks to higher procurement, imports of grains and reduced distribution, official figures showed.  

Mobile financial service provider bKash has signed an agreement with DataSoft Systems Bangladesh Ltd to facilitate instalment payments by customers who avail microcredit. 

Deposits at NRBC Bank at the end of last June stood at Tk 17,753 crore, which was a year-on-year increase of 19 per cent, as per a meeting of its board of directors. 

Prime Bank Ltd has signed an agreement with online payment aggregator Portonics Ltd enabling customers to make merchant payments through internet banking and credit cardholders to avail up to 36 monthly equal instalments. 

The International Chamber of Commerce (ICC) Bangladesh organised a daylong workshop on “Managing Trade Payment and Trade Finance Risk- Operations, Compliance & Legal Analysis” in Dhaka on Saturday.

Social Islami Bank Limited made a Tk 36.92 crore profit in the second quarter of 2023, an increase of more than 3 per cent year-on-year.

Agrani Insurance Co Ltd posted a 20.68 per cent year-on-year increase in profit to Tk 1.11 crore in the second quarter of 2023.   

British American Tobacco (BAT) Bangladesh Company Ltd’s profit grew 4 per cent in the first six months of 2023, driven by higher sales and leaf exports although it recorded a marginal decline in earnings in the second quarter.

Bangladesh has targeted to raise annual fish production to 85 lakh tonnes by 2041, said Fisheries and Livestock Minister SM Rezaul Karim yesterday.

A second round of discussions between Bangladesh and Japan starts in Dhaka today to finalise negotiations focusing a joint study, which would act as a guideline principle for signing an economic partnership agreement (EPA).  

The planning ministry yesterday approved a project through the Project Processing, Appraisal and Management System (PPS), which aims to ensure transparency and accountability in the formulation and approval of various initiatives. 

SMC Enterprise Ltd launched a new kind of micronutrient-fortified food item SMC biscuits for the local market on July 19.

BSEC to sit with the parties involved

IFC country manager says at AmCham luncheon meeting

Fisheries minister says at event to observe National Fisheries Week

Anxiety and frustration continue to grow among importers whose goods-filled containers are yet to be salvaged following the tilting of a vessel in the Bay of Bengal near the Bhasan Char coast 16 days ago.  

7UP, a drink from PepsiCo, recently launched a new digital campaign titled “Super Duper Refresher” with a TVC featuring brand ambassador Shakib Al Hasan.