Former expat Habibur Rahman Matubbar, a resident of Kewabunya village under Amtali upazila in Barguna, has been enjoying great success in cultivating malta on his 15 bighas of land for the past seven years or so.

The National Board of Revenue (NBR) has no definite guideline on grading steel, prompting duty evasion through underinvoicing and adoption of other unfair means by dishonest importers, depriving the government of hundreds of crores of taka in revenue each year. 

Listed companies in Bangladesh have built up reserves of Tk 153,000 crore collectively from their respective earnings for use in expansion and to weather out rainy days, when they would otherwise be forced to raise fresh funds from investors or borrow from lenders. 

Businesses yesterday welcomed Bangladesh Bank’s clearance to settle payments for international trade through Chinese yuan to cut excessive dependence on the US dollar but said implementation will be challenging.

Stock market analysts yesterday urged the government to encourage multinational companies and local ones with good performance records to get listed to boost stock investors’ confidence and ensure “fair distribution” of profits. 

Accepting digital payments through personal retail accounts could pave the way for local cottage, micro, small and medium enterprises (CMSMEs) to avail loans from official banking channels, according to experts.

Prime Bank is going to raise a staggering syndicated term loan of Tk 500 crore for Sajida Foundation to disburse for the latter’s microfinance programme.

Exim Bank has appointed Mohammad Firoz Hossain as its new managing director and chief executive officer with effect from September 16.

Woes in China’s property market worsened in August, with official data showing home prices, sales and investment all falling in August, as a mortgage boycott and developers’ financial strains further hurt confidence in the sector.

The commerce ministry will not fix the prices of all nine commodities as pricing of agricultural goods fall under the purview of the agricultural ministry, Commerce Minister Tipu Munshi said today.

Accepting of digital payment through the personal retail account could pave the way for the country’s cottage, micro, small and medium enterprises (CMSMEs) to avail loans from banking channels, experts said today.

If you travel through the canals of southern Barishal, particularly those in the Pirojpur and Jhalkathi districts, you will see hog plum fields on either side with trawlers and trucks filled with the fruit passing alongside.

For the first time, the government has framed a separate policy for marine fishing in order to ensure sustainable fishing and conserve the resources through proper management, according to a notification from the fisheries and livestock ministry.

The immigration service of Bangladesh Police has imposed an embargo on Pritish Kumar Sarker, a former managing director of the FAS Finance and Investment, from leaving Bangladesh over his alleged involvement in financial scams. 

Sweater suppliers in Bangladesh are witnessing relatively a dull season because of a longer-than-usual dry spell in European countries and the higher cost of living fueled by the Russian-Ukraine war. 

Summit Power Ltd (SPL) posted a 26.28 per cent lower profit in the financial year that ended on June 30.    

Since I started my consultancy operation, my initial focus was on the areas of digital transformation of banks.    

The Asian Development Bank (ADB) yesterday urged Bangladesh to double its efforts in enhancing project implementation so that potential benefits of any development can come early.

Bangladesh Bank yesterday said local banks would be able to maintain accounts in Chinese yuan or renminbi with their corresponding lenders or branches abroad so as to help local businesses settle transactions for foreign trade using the currency. 

Bangladesh Bank yesterday reiterated that it does not allow holding or trading of any kind of virtual coin or cryptocurrency in the country.