Around 6.56 lakh beneficiary owner (BO) accounts, which are needed to trade stocks, were closed over the last two years mainly due to a lacklustre condition of the primary and secondary markets of securities in the country. 

Farmers in Bangladesh are pleased to be getting good yields and prices for kathkachu, a variety of taro root native to South Asia, as demand for the crop has risen this year.

Information technology exports from Bangladesh grew in the July-April period of the just-concluded fiscal year on the bank of higher demand for IT-enabled services from global clients, official figures showed. 

Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone.

Refiners in Bangladesh have reduced the prices of soybean oil and palm oil as import costs decreased in line with the global market situation.

Eastern Bank Limited (EBL) yesterday launched a dedicated “India Business Desk” to facilitate cross-border business transactions between Bangladesh and India.

The stock market regulator will withdraw the market’s floor price as soon as the economy reaches a stable condition and investments of investors are secured, said a top official of the Bangladesh Securities and Exchange Commission (BSEC) yesterday. 

Robi, the second-largest mobile network operator in Bangladesh, today launched tourist SIM for travellers visiting the country.

Asian Development Bank (ADB) has approved a $190 million funding for upgrading rural roads, making agricultural areas more productive, and improving socioeconomic centres in rural areas of Bangladesh. 

The market for the minerals key to the clean energy transition soared to $320 billion last year but faces challenges including volatile prices, supply chain snarls and geopolitical tensions, the International Energy Agency said Tuesday.

The settlement of trade with India in the rupee will offer some benefit to exporters as this is expected to protect them from currency conversion loss and save time, according to a number of business people.

First Security Islami Bank Ltd yesterday launched three sub-branches in three different districts across the country.

Pubali Bank Ltd and Bangladesh Rural Electrification Board (BREB) recently signed an agreement on collecting the latter’s postpaid electricity bill through Pubali Bank’s online/mobile banking app “PI” by using API.

AB Bank Ltd signed an agreement with leading mobile phone operator Grameenphone in an effort to bring the country’s unbanked population under the financial ecosystem.

Sonali Bank opened a special service counter and help desk in its local office as a designated bank of export-import trading in rupees between Bangladesh and India.

Uttara Motors Limited, a distributor of Suzuki vehicles in Bangladesh, recently launched an all-new Suzuki Grand Vitara, a premium sport utility vehicle (SUV), with a tagline “The Legend Returns”.

Agrani Bank has honoured 64 customers with an “Exporters Award 2022” for their contributions to the country’s exports and foreign exchange earnings. 

Sugarcane growers in India’s top producing states are worried scanty rainfall during the crop’s crucial growth period could trim yields and reduce sugar output in the upcoming season, farmers and industry sources told Reuters.

Six major business chambers in Bangladesh yesterday urged the government to pursue a further extension of an international deal to help keep the grain supply smooth at home and abroad.

At least half of all credits disbursed by banks and other financial institutions in Bangladesh should go to small and medium enterprises (SMEs) since a significant of them still don’t have access to the formal credit system despite recent improvements, said a noted economist.