Standard Bank Limited (SBL) has been awarded “gold rank” for its sustainability report by the Asia Sustainability Reporting Rating-2022’.

For the first time in Bangladesh, the Department of Agricultural Extension (DAE) has succeeded in growing coloured cauliflower on an experimental basis.

Apart from export and remittance earnings, the government has placed importance on securing more foreign funding in the current fiscal year to shield the country’s foreign currency reserves from depletion. 

The three-day Digital Bangladesh Mela 2023, where more than 50 telecom and ICT companies are showcasing their products and services, kicked off at the Bangabandhu International Conference Centre in Dhaka’s Agargaon yesterday.

The central bank yesterday allowed Rupali Bank Ltd to carry out its operations as a primary dealer regularly, according to a notice yesterday.

Bangladesh Building Systems Ltd (BBS) reported more than 97 per cent decline in profit in the second quarter of the current financial year, owing to a fall in non-operating incomes.

Walking back from the corner shop, Mr Chowdhury met a neighbour who inquired about what his sons are doing nowadays.

Bangladesh Lamps Ltd is going to set up a new production line to manufacture accessories at its existing factory in Narsingdi’s Shibpur.

The Business Initiative Leading Development (BUILD) yesterday demanded the government make the company registration process fully automated, said a press release. 

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon seeking a review of the gas and power prices, as they are facing difficulties because of the high prices of energy, Commerce Minister Tipu Munshi said yesterday.

The United Nations (UN) has trimmed its forecast on Bangladesh’s economic growth to 6 per cent for 2023 from its previous projection of 6.4 per cent as the country’s economic situation has significantly deteriorated due to high food and energy prices, monetary tightening and fiscal vulnerabilities.

The business climate in the country improved slightly in 2022 compared to 2021 on the back of progress in the areas such as starting a business, infrastructure and labour regulations, according to the Bangladesh Business Climate Index (BBX).

State-run Titas Gas Transmission and Distribution Company Ltd yesterday said its profit dipped 13 per cent year-on-year in the first six months of 2022-23 fiscal year, despite it posted higher earnings in the second quarter.

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon to review gas and power prices, as they are facing difficulties because of the high prices of the two, Commerce Minister Tipu Munshi said today.

The commerce ministry would continue its advocacy with other ministries to simplify the process of obtaining certificates and registration, including five-year trade licences, to ensure ease of doing business, Commerce Minister Tipu Munshi said today.

It bears remembering that, as recently as the second half of 2021, the Federal Reserve considered that the surge in consumer price inflation would dissipate, with price increases returning to the Fed’s 2 per cent target in 2022. In testimony before Congress, Fed Chair Jerome Powell affixed the now infamous “transitory” moniker to the ongoing price increases, which he ascribed to temporary supply bottlenecks and price declines in the early stages of the pandemic.

Stocks in Bangladesh edged down in the morning session today.

British retail giant Primark’s CEO Paul Marchant has praised the development Bangladesh’s garment sector has achieved in production of apparels in green factories.

Life has become exceedingly difficult for craftsmen that make different bamboo products used in agriculture and fishing as production costs have soared in recent years.

Singer Bangladesh yesterday announced that it registered Tk 7.3 crore as profit after tax in 2022, the lowest in 14 years, attributing the increased cost of raw materials, higher freight rates and devaluation of taka against the US dollar for the fall.