Users of Mobile Financial Services (MFS) are going to get the opportunity to transfer money from one MFS provider to another as Bangladesh Bank is going to launch the interoperability of all sorts of accounts from next Sunday.

Local firm JMI Export Import Company Ltd has won a government contract to import 12,500 tonnes of sugar worth Tk 65.98 crore from Brazil and supply it to the Trading Corporation of Bangladesh.

The 5G technology is poised to empower digital transformation across all sectors, said John Hoffman, CEO of telecom industry organisation GSMA.

The apparel industry and other major export sectors of Bangladesh are being left with unsold products due to reduced buying orders from abroad, according to various businesspeople.

Power Grid Company of Bangladesh Ltd’s profit plunged 61.77 per cent year-on-year to Tk 122.59 crore in the financial year that ended on June 30. 

The government’s purchase committee yesterday gave clearance to the Bangladesh Chemical Industries Corporation (BCIC) to import 60,000 tonnes of urea fertiliser at Tk 392 crore.

Back in my university days, I had the privilege of learning a management theory which was of significant value later in my corporate years. It is called Johari Window for self-awareness, a technique to self-improve by knowing oneself better.  

The apparel industry and other major export sectors of Bangladesh are being left with unsold products due to reduced buying orders from abroad, according to various businesspeople.

The negotiation between Bangladesh and Japan for signing a free trade agreement (FTA) or an economic partnership agreement (EPA) should start as soon as possible, Japanese Ambassador ITO Naoki said today.

Around 52,500 tonnes of wheat reached the outer anchorage of Chattogram Port through a cargo ship called Magnum Fortune on November 9.

The Bangladesh Bank today said no money changer in the country will be allowed to keep over Tk 50 lakh in their vault a day.

Bangladesh firm JMI Export Import Company Ltd has won a government contract to import 12,500 tonnes of sugar worth Tk 65.98 crore from Brazil and supply it to the Trading Corporation of Bangladesh.

Stock markets in Bangladesh edged up today breaking three sessions’ losing streak.

Transactions through mobile financial services (MFS) dropped for a second month consecutively in August as the festival season started to flatten amid the economic downturn.

The Bangladesh Small and Cottage Industries Corporation (BSCIC) industrial estate in Sreemangal upazila of Moulvibazar has all the required facilities but remains vacant as plot prices are considerably high, according to various entrepreneurs.

Sugar prices have started rising afresh to hit a record high of as much as Tk 125 per kilogramme at retail in the two main cities of Bangladesh, namely Dhaka and Chattogram, further straining the wallets of consumers as inflation continues to bite.

This fiscal year alone, the Bangladesh Bank has supplied more than $4.5 billion to the market to support the exchange rate, while the import bill averages $6 billion a month.

The unsold yarn at the spinning mills of Bangladesh is piling up abnormally because of a fall in work orders by 30 per cent for apparel items from international clothing retailers and brands. 

The furniture sector is considered a promising sector of Bangladesh thanks to the abundance of labourers, the flow of capital, technological facilities, and higher demand in the global market. 

The involvement of listed and non-listed companies in the manipulation of stocks is growing, an ominous sign for a market already facing a confidence crisis.