Garment exports to the US rose 54.43 per cent year-on-year in the January-July period to hit $5.71 billion as the demand for locally made garment items is growing among American consumers, according to data from the country’s Office of Textiles and Apparel (OTEXA).

One Bank Ltd recently signed a memorandum of understanding (MoU) with CCULB Resort and Convention Hall for customer privilege.

The Dhaka and Chittagong stock exchanges rose marginally yesterday, snapping a three-day declining trend.

The non-bank financial institutions have demanded withdrawal of the 7 per cent interest cap on deposit.

Eskayef Pharmaceuticals Limited, one of the leading pharmaceutical companies of Bangladesh, has been accredited with the prestigious US FDA approval for its injectable manufacturing facility.

Emerging from the Covid-19 pandemic, it’s clear how ill-prepared the world was for such a crisis. We can see how our inability to deal with decades-old existential threats – notably the degradation of ecosystems, climate change, and food insecurity – has exposed us to pandemics, disasters triggered by natural hazards, and now worsening hunger.

Staple food prices in sub-Saharan Africa surged by an average 23.9 per cent in 2020-22—the most since the 2008 global financial crisis. This is commensurate to an 8.5 per cent rise in the cost of a typical food consumption basket (beyond generalised price increases).

The Chittagong Stock Exchange (CSE) edged up in the morning session today, snapping the three-day losing streak.

The Dhaka Stock Exchange (DSE) rose slightly in the morning session today, overcoming the fall in the last three days.  

Local sale of saris, especially those made on handlooms by skilled artisans in Tangail renowned for their colours and designs, has apparently gone up marking the upcoming Durga Puja.

Farmers in Gopalganj that have been growing vegetables on floating seedbeds are enjoying profits as the crops cultivated in this manner are getting good prices in local markets.

Bangladesh’s private sector credit growth surged to 14.07 per cent in August, almost touching the central bank’s target for the entire fiscal year, an ominous sign for the economy since it may stoke inflationary pressures. 

A day-long fair for technical jobs witnessed huge response yesterday with more than 25,000 jobseekers, including experienced and fresh graduates, taking part in the show where top employers offered a staggering number of jobs.

The Bangladesh Bank has once again renewed the interim licence of Nagad as the Bangladesh Post Office (BPO) could not form a subsidiary to run the mobile financial service within the deadline.

A parliamentary body yesterday recommended dividing all 140 tanneries at Savar Tannery Industry into three categories, based on compliance and lack thereof in treating tannery waste, and close down those that have never applied for environmental clearance and are unlikely to comply.

Asian Development Bank (ADB) yesterday announced plans to provide at least $14 billion over 2022 to 2025 to ease a worsening food crisis in Asia and the Pacific. 

Bangladesh should focus on using biotechnology in the agriculture sector to increase production and subsequently ensure food security so that no one goes hungry in the future, according to experts.

The Chattogram port must fast-track the unloading of goods, install modern equipment, and improve service quality in order to cut congestion and facilitate Bangladesh’s fast-expanding global trade, speakers said yesterday.    

Eastern Bank Limited (EBL) has raised Tk 1,224 million (Tk 122.4 crore) through the issuance of zero-coupon bonds for Thengamara Mohila Sabuj Sangha (TMSS), a microfinance institution in Bangladesh. 

Mobile financial service Nagad on Monday rolled out a campaign titled “Utshab er Khushi Nagad-a Beshi” on the eve of Durga Puja.