The Bangladesh Bank is going to form a crisis management cell to facilitate the opening of letters of credit for essential commodities imports, according to a decision of a meeting at the commerce ministry yesterday.

Mobil Jamuna Lubricants (MJL) Bangladesh has decided to increase its corporate guarantee from $20 million to $40 million in favour of MJL (S) PTE so that it can take more working capital loans. 

The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh’s Gulshan branch recently received a platinum certification under a LEED rating system. 

ACI Motors, the sole distributor and technical collaboration partner of Yamaha motorcycles in Bangladesh, launched Yamaha’s another premium naked sports segment motorcycle MT15 version 2.0 in Dhaka recently.

Turnover at the Dhaka Stock Exchange (DSE) hit a 20-month low yesterday as investors are employing a cautious approach due to the ongoing economic situation, according to market analysts.

A Chinese garment manufacturer signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) yesterday to invest $39.70 million in setting up a high-end industrial unit in Bepza Economic Zone of Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsarai, Chattogram.

Prime Minister Sheikh Hasina is scheduled to virtually inaugurate a Japanese economic zone, to be called Bangladesh Special Economic Zone, at Araihazar in Narayanganj tomorrow. 

Premier Bank Ltd has received permission from the Bangladesh Securities and Exchange Commission (BSEC) to raise Tk 600 crore by issuing bonds.   

Islami Bank Bangladesh Limited (IBBL) is very important to the state and the bank's depositors do not need to worry about their money, a top official of Bangladesh Bank (BB) said today..Md Mezbaul Haque, executive director and spokesperson of the central bank, made the comments to journali

Black tiger shrimps, locally known as Bagda, have seen their prices slump, handing losses to thousands of farmers in the southwestern region, the main belt of export-oriented shrimp and prawns in Bangladesh.  

Bangladesh wants greater market access to the US in any format as a measure of preparations to face challenges after its United Nations status graduation from a least developed to a developing country in 2026.

Bangladesh is suffering from severe localised food insecurity owing to economic constraints, refugee influx, floods and high prices of important food items, said Food and Agriculture Organization (FAO) in its latest report released on Friday. 

The turmoil in the banking sector is on the rise. A lack of good governance, rampant corruption, and political and managerial interference in management have led to this scenario. As the prices of daily commodities are on the rise, people are focusing less on new savings and on the contrary, using their prior savings to meet their daily needs.

Although wheat price is falling in the international market, Bangladesh sees an opposite trend. 

Planning Minister MA Mannan today said there is no dollar crisis in the country, only a shortage.

Companies can create a better work culture and work-life balance for employees and contribute to customers and the world by implementing proper steps to create businesses that are more sustainable, said speakers yesterday. 

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will organise “Bangladesh Business Summit 2023” in Dhaka in March next year to celebrate the country’s 50th anniversary of independence. 

Meghna Bank has launched four deposit products -- Fast Remit, Fifty Plus, Youngster and Youngster Plus -- targeting remitters, senior citizens and students. 

The Institute of Chartered Accountants of Bangladesh (ICAB) yesterday awarded 25 listed and non-listed entities in 16 sectors for their best presented financial statements and audit reports. 

Transcom Digital launched a refrigerator, a washing machine and three microwave ovens at a Hitachi Star Night 2022 at International Convention City Bashundhara in Dhaka recently.