Terry towel makers at an industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Kishoreganj have shrugged off the coronavirus-induced economic downturn as production has reached pre-pandemic levels amid growing orders from abroad.

The eight fast track projects being implemented by the government are seeing mixed progress with four having made significant progress as of November this year while the rest may not see timely completion.

Coal prices have shot up in the domestic market since September this year even though there is no rationale behind the hike, according to a report by the commerce ministry.

Sugar prices show no sign of falling in Bangladesh although refining activity is going on in full swing thanks to the improvement of gas supply to refiners to a large extent.

Eleven banks in Bangladesh collectively faced a capital shortfall of Tk 32,606 crore in September, which highlighted their fragile health caused by years of irregularities. 

Bangladesh Bank yesterday re-appointed an observer at Islami Bank and dispatched an observer for the first time at First Security Islami Bank (FSIBL) -- the two Shariah-based lenders where Chattogram-based business giant S Alam Group has significant stakes.

Global Heavy Chemicals Limited’s losses more than doubled to Tk 3.31 crore in the first quarter of the current financial year compared to a year earlier.

All indexes of the Dhaka and Chittagong stock exchanges (DSE) rose yesterday as investors showed fresh interest in making investments after political tension eased to some extent.    

Each time the government rolls out a plan to import rice, the public reacts with resistance. Understandably, for many Indonesians, rice is considered more than just a staple food, but also a sort of political commodity.

Textile millers yesterday urged all concerned to avoid disseminating any wrong information about the Export Development Fund (EDF) of Bangladesh Bank as the soft loans it provides have helped the sector grow a lot.

Bangladesh and Japan yesterday initiated a joint feasibility study on exploring the possibility of signing either a free trade agreement (FTA) or an economic partnership agreement (EPA) before the country becomes a developing nation in 2026.  

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the central bank to facilitate opening of letters of credit (LCs) by businesses to import essentials and other items ahead of Ramadan, even if it requires releasing foreign currency from the country’s reserves. 

The world is becoming predictably unpredictable with the media ecosystem exploding, said Deepender Rana, executive managing director of Kantar’s Insights Division for South Asia.

Sheikh Fazle Fahim, former president of the Federation of Bangladesh Chambers of Commerce and Industry, has been re-elected vice-president of the Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) at the 92nd council meeting.  

Unilever Bangladesh Limited (UBL) and the Young Power in Social Action (YPSA) have teamed up under a campaign to conserve the once-powerful Karnaphuli river and raise awareness about plastic pollution.

Bangladesh Bank has decided to appoint observers at the Islami Bank Bangladesh Ltd (IBBL) and First Security Islami Bank (FSIBL), said a top official of the central bank.

All indexes of the Dhaka and Chittagong stock exchanges (DSE) rose today as investors showed fresh interest in making investments after political tension eased to some extent.

Global Heavy Chemicals Limited’s losses more than doubled to Tk 3.31 crore in the first quarter of the current financial year compared to a year earlier.

Bangladesh Standards and Testing Institution (BSTI) has included 10 new products in the list which now need mandatory certification from the national standards body.

Visitors to Bali will not be put at risk by Indonesia's newly ratified criminal code, the island's governor said, dismissing concerns that revised laws which include articles criminalising sex outside marriage may scare away tourists from its shores..Indonesia's parliament last week passed