Big Dipper Textile Mills Ltd, a company jointly owned by Canada and China, will set up a textile industry in Ishwardi Export Processing Zone (IEPZ) with an investment of $91.15 million.

Turnover at the Dhaka Stock Exchange (DSE) soared around 40 per cent today to hit a seven-month high of Tk 1,477 crore thanks to the increased participation of general investors.

Shares on the Chittagong Stock Exchange (CSE) opened higher today.

Shares on the Dhaka Stock Exchange (DSE) continued to keep gaining for the fifth consecutive day today.

People in Bangladesh once barely knew about dragon fruit, also called pitaya, but it is gradually making its way into the fields by winning the hearts of farmers all over the country through its immense popularity.

Out of my 26 years with three global banks, I spent more than half of it in treasury dealing room environment in Dhaka, Mumbai, Dubai, Singapore, Hong Kong, London, and New York.  

The lack of gas connections is creating obstacles for companies at the API Industrial Park to conduct their operations even though the project was completed in June last year.

Businesses are making a higher profit from selling sugar and lentil in packages, breaching the rules of essential commodity distribution and affecting consumers, said a Bangladesh Trade and Tariff Commission (BTTC) report. 

Despite a lot of emphasis by policy-makers on cutting dependence on a single product for exports over the years, the share of readymade garments has increased gradually, putting external sales, jobs, and the economy as a whole at risk. 

A Tk 9.95 crore project of the commerce ministry aimed at expanding the country’s export basket and reducing import dependency has failed to meet its deadline for a second time due to the slow pace of implementation.

Al-Arafah Islami Bank has donated 147 computers to International Islamic University Chattogram (IIUC) as a part of its corporate social responsibility for setting up a “Computer Vision and Intelligent System Laboratory”. 

Pubali Bank has donated an ambulance and signed a memorandum of understanding with Birdem General Hospital for employees to avail a 30 per cent discount on medical services from the hospital. 

Stocks in Bangladesh continued to rise for a fourth consecutive trading day yesterday after news surfaced that fuel price had gone down in the world market for which the government on August 14 announced that local rates could soon be adjusted. 

Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom said on Friday, piling pressure on the region as it seeks to refuel ahead of winter.

Businesses yesterday urged the government to spare them from stiff policies as they were navigating through difficult times for the ongoing energy and dollar crisis, inflation and increasing order cancellations. 

Private inland container depots (ICDs) have raised charges for their services involving handling export-laden containers by 25 per cent citing the August 5 hike in fuel prices. 

Standard Chartered Bangladesh was recently named “Market Leader” in Bangladesh for corporate social responsibility (CSR) in a survey key banking categories and markets by financial publication Euromoney.   

The US dollar index hit a five-week high and was on track for its biggest weekly gain since April 2020 on Friday as investors adjusted for the likelihood that the Federal Reserve will keep hiking rates to battle inflation.

Mutual Trust Bank (MTB) and Paragon Group have recently signed an agreement over cash management services. 

The Bangladesh Financial Intelligence Unit (BFIU) has asked banks to furnish it with loan information of South Bangla Agriculture and Commerce Bank Chairman Abdul Kadir Molla.