Development spending in Bangladesh rose 36 per cent year-on-year in September despite the government’s efforts to cut expenditures in a bid to save US dollars.  

The gold market of Bangladesh is witnessing high volatility in prices, raising concerns among jewellers who claim that sales this year have declined by 25 per cent to 30 per cent from what used to be in the pre-pandemic period. 

The number of mobile subscribers in the country continued to slide in August after the regulator banned Grameenphone from selling new SIMs at the end of June citing its failure to provide quality service, including incurring excessive call drops. 

The Bangladesh Securities and Exchange Commission (BSEC) has found that three investors and their associates made gains of around Tk 12 crore by manipulating stocks of Provati Insurance in 2020.

International buyers are consistently paying lower than the global average price to apparel suppliers in Bangladesh but higher to some of the country’s competitors, according to the International Trade Centre (ITC).

UCB Investment won first prize in the merchant banking category of the Independence Golden Jubilee Award-2021 by the Bangladesh Securities and Exchange Commission.

Padma Bank recently launched a slew of new home loan products designed as per the income of customers.

Brac Bank recently signed an agreement with Technical Training Centre (TTC) Kurigram to provide banking services to the institution.

Turnover at Dhaka Stock Exchange (DSE) dropped to less than Tk 1,000 crore yesterday after two months although the index went up. 

Bangladesh would have faced an energy crisis even if the Russia-Ukraine war had not taken place as production at local gas fields has been declining since 2015 and will continued to drop in the near future, according to the International Chamber of Commerce Bangladesh (ICCB).

Euro zone industrial production soared in August far beyond expectations as manufacturers boosted investment despite fears of an upcoming recession, official estimates showed on Wednesday.

Bangladesh’s garment shipment to the country’s single largest export destination, the USA, rose 53.54 per cent year-on-year to $6.64 billion in the January-August period of the current year, according to data from the USA’s Office of Textiles and Apparel (OTEXA).

Mutual Trust Bank (MTB) has got the nod to issue a fully redeemable, non-convertible, unsecured floating rate subordinated bond worth Tk 500 crore.

Mercantile Bank signed an agreement with Pran-RFL Group over cash management services on Tuesday.

Most imported cosmetics being sold in Bangladesh have not had their duty and tax paid, said AHM Shafiquzzaman, director general of the Directorate of National Consumers Right Protection, yesterday. 

Kosovo is keen to make joint investments with Bangladesh, said Kreshnik Ahmeti, deputy foreign minister of the Southeast European country.

Sea Pearl Beach Resort & Spa Limited’s profit surged more than 118 per cent year-on-year to Tk 16.13 crore in the last financial year as people have begun travelling again following the improvement in the coronavirus situation.   

Red Sea Gateway Terminal (RSGT), operator of Saudi Arabia’s largest terminal facility at Jeddah Port, has proposed investing in the operation, maintenance and modernisation of the newly built Patenga Container Terminal (PCT) of Chattogram Port.

Bangladesh’s garment shipment to the country’s single largest export destination, the USA, rose 53.54 per cent year-on-year to $6.64 billion in the January-August period of the current year, according to data from the USA’s Office of Textiles and Apparel (OTEXA).

Stocks at the Dhaka Stock Exchange (DSE) rose in the morning session today amid buying pressure from many investors.