The Bangladesh Rubber Garden Owners Association yesterday presented an 11-point demand, which includes recognising rubber as an agricultural product, in a bid to help expand the local industry by removing existing hurdles.

The government will soon recognise Tangail sari with the geographical indication (GI) status, said Industries Secretary Jakia Sultana today.

Bangladesh's per capita income stood at $2,793 in fiscal 2021-22 -- $31 lower than the initial estimate as the steep depreciation of the taka messed up the government’s numbers.

The Bangladesh Bank will introduce another tool to provide liquidity support to the cash-strapped shariah-based banks in order to cushion their ailing financial health.

Bangladesh logged higher growth in gross domestic product (GDP) in 2021-22 fiscal year compared to the previous year, but it was 15 basis points below the provisional estimate.

Stocks in Bangladesh broke a three-day rising trend today, but the turnover of the Dhaka bourse rose.

Robi’s flagship digital entrepreneurship competition r-ventures 3.0 has selected top 25 ideas for the semi-final round of the programme.

Md Shamsul Arefin today joined the Information and Communication Technology (ICT) Division as its secretary.

The Infrastructure Development Company Limited (Idcol) is all set to get €140.5 million from German Development Bank Kreditanstalt fur Wiederaufbau (KfW) -- €41 million for energy efficiency and €99.5 million for renewable energy projects.

Bangladesh will start exporting potatoes to Russia again this year as the world’s largest country lifted ban on the entry of tubers from the south Asian nation last year, Agriculture Minster Muhammad Abdur Razzaque said today.

The central bank has instructed banks to provide exporters' retention quota (ERQ) account services to service exporters to help them carry out international transactions.

Bangladesh’s stock market had a lackluster year in 2022 after posting double-digit returns for the previous two years. Dhaka Stock Exchange (DSEX), the broad market index of the country, fell 8.1 per cent in 2022, while daily average turnover fell by 35 per cent.

Scrap vessel imports by Bangladesh hit a four-year low in 2022 as banks in the country have become reluctant to open letters of credit amid the ongoing US dollar shortage, according to industry people.

The Asian Development Bank (ADB) has showed its intention to mobilise $3.5 billion along with a co-financier for the implementation of the southern route of the Dhaka Mass Rapid Development Project’s MRT Line-5, officials said.

Start-ups in Bangladesh went through a tough time in 2022 owing to the uncertainty in the global economy, but gloomier days for them might not go away any time soon since the decline in global investments is set to linger.

Raising fund by issuing bonds is a very good option for the non-bank financial sector and banks as medium and long-term debts will reduce overall costs, said a top executive of LankaBangla Finance. 

The ongoing economic shocks Bangladesh is experiencing have not been entirely generated from the external source and many of them instead are the consequences of the absence of time-befitting measures on the part of the country, said economists yesterday.

Bangladesh is among the top three nations contributing to the active user growth for Facebook as of December 31, 2022, according to its parent social media giant Meta. 

Standard Bank has recently appointed a new managing director (MD) and chief executive officer. 

For the first time in more than three months, Bangladesh Jewellers Samity (Bajus) yesterday reduced the price of gold by 1.24 per cent or Tk 1,166 per bhori in line with a fall in the price of the precious metal in the local market.