Bangladesh and the World Bank today signed two financing agreements in this regard

The leader of the apex trade body says in a roundtable

The gap between inflation and the wage rate growth in Bangladesh rose to a nine-month high in May, deepening the cost-of-living crisis for the poor and the low-income groups as consumer prices continue to outpace real incomes.  

The garment sector may face some challenges in the days ahead due to persistent global trade tensions and economic slowdowns in export destinations, according to Bangladesh Bank.

Lay’s, one of the world’s most-loved potato chip brands from PepsiCo, has officially started producing its chips in Bangladesh.

Bangladesh has made the first payment for a mostly foreign loan-funded project in the taka, ushering in another mode of better preserving foreign currency reserves.

Bangladesh Bank yesterday instructed seven banks that failed to clear their dues with foreign airline companies on time to adjust their payments as soon as possible. 

The Insurance Development and Regulatory Authority (Idra) has appointed four of its officials as observers at four life insurance companies for their failure to protect the interests of policyholders.

The key index of the Dhaka Stock Exchange (DSE) yesterday lost 0.63 per cent, the sharpest single-day decline in at least the past six months, as tensions grew over the proposed increase in capital gains tax for general investors.

The financial sector is going through a challenging situation owing to a surge in the borrowing cost and its impact on profitability, so a cut in corporate tax rates may help the sector gain momentum and boost the economy, said a top executive of a non-bank financial institution.

Apple on Monday unveiled its first mixed reality headset, challenging Facebook-owner Meta in a market that has yet to tempt users beyond videogamers and tech geeks.

Zareen Tea Garden and Neptune Tea Garden, the gardens owned by Ispahani Group, have won the National Tea Awards for their significant contributions to the tea industry in Bangladesh.

Mastercard yesterday launched a campaign styled “Free Hit to Cricket World Cup” to provide cardholders with an opportunity to witness the 2023 Cricket World Cup. 

The Hongkong and Shanghai Banking Corporation Limited and Karnaphuli Gas Distribution Company Limited (KGDCL) in Chattogram, Bangladesh have recently signed an agreement over bill collection solutions for the latter’s consumers. 

Euro zone consumers lowered their inflation expectations, a fresh European Central Bank survey showed on Tuesday, a relief for policymakers after an unexpected surge a month earlier, even if underlying price growth is still likely to be stubborn.

A two-day “Smart Bangladesh Summit and Expo” will begin at the International Convention City Bashundhara on Friday to showcase the latest technology and share knowledge about current digital advancements.

Monzurur Rahman has been re-elected as chairman of Pubali Bank Limited.

A possible extension next month of a deal allowing the safe wartime export of grains and fertilisers from three Ukrainian Black Sea ports could hinge on the reopening of a pipeline that delivers Russian ammonia to one of those Ukrainian ports.

Oil prices sank Tuesday as dealers mulled the weak demand outlook after having rallied the previous day on output cuts from key crude producer Saudi Arabia.

Sonali Aansh Industries Limited posted an 83 per cent year-on-year decline in profit in the third quarter of the current financial year.