Bangladesh’s spending on subsidies and interest payments surged 45 per cent year-on-year in the first eight months of this fiscal year, turning out to be the highest in at least a decade.

The jewellers have increased pure gold prices by Tk 1,283 a bhori for the local market with effect from today because of the rising bullion prices in the international market.

Dhaka Bank recently launched an “eRin” app through which a customer can apply for an unsecured personal loan of up to Tk 50,000 for disbursement within two hours on banking days. 

Brac Bank organised a two-day fair titled “Tara Uddokta Mela 2023” in Dhaka to promote products of women entrepreneurs and create a market for their “Made-in-Bangladesh” products.

A bhori will cost Tk 98,444.16 from tomorrow

A cluster of potters in Patuakhali’s Bauphal upazila, some 240 kilometres south of capital Dhaka, say they have made sales of around Tk 1 crore of earthen products, including some abroad, centring Pahela Baishakh. 

An increasing number of families are becoming connected with the formal financial system by depositing and borrowing money, according to the Bangladesh Bureau of Statistics (BBS). 

The sales of electronic home appliances usually pick up ahead of Eid-ul-Fitr as retailers introduce new models and offer discounts and consumers are awash with cash.  

A cop caught an addict with drugs in a public toilet.

The Bangladesh Bank yesterday asked banks to remain open, albeit on a limited scale, in the industrial areas, including Dhaka city, during the public holidays on April 19-21.

Fashol, an agri-tech startup, yesterday announced that it has raised $1 million in pre-seed funding as it looks to build the technology to optimise the supply chain and connect farmers to the market.

Businesses yesterday urged the government to bring an end to the harassment by revenue officials and remove advance income tax and advance tax against the imports of raw materials for domestic manufacturing in the next fiscal year.

DBH Finance PLC, the country’s largest and specialised housing finance institution, has received the final approval from the Bangladesh Bank to open its Islamic financing wing.  

Japanese automaker Mitsubishi Motors has launched “Mitsubishi Xpander Cross”, a new model in their sport utility vehicle (SUV) lineup.

Digital payment service provider Visa recently launched a solution titled “Business Payment Solution Provider” (BPSP) in partnership with SSL Wireless and Southeast Bank. 

United Commercial Bank (UCB) recently signed an agreement with Syngenta Bangladesh Limited and UCB Fintech Company Limited (Upay) for the former to provide agricultural loans to registered farmers at a low interest rate.

Nurun Nahar has recently been appointed as deputy governor of Bangladesh Bank for a three-year term. 

The central bank will charge the same interest rate for the extended period of loans made from the Export Development Fund (EDF) like it imposes during the initial repayment period.

She will be second female deputy governor of the banking watchdog

The Central Procurement Technical Unit (CPTU) of Implementation Monitoring and Evaluation Division (IMED), the planning ministry organised the meeting