Bangladesh Bank yesterday took more initiatives, including raising the interest rate on its Export Development Fund (EDF), to ease the ongoing pressure in the country’s foreign exchange market.

Bangladesh Bank yesterday asked banks to provide the financial services required for clients to invest in savings bonds and instruments.

Privately-owned BM Container Depot had been running without proper authorisation and certification required for storing and handling hazardous chemicals, found a study of the Centre for Policy Dialogue (CPD).

Finance Minister AHM Mustafa Kamal criticised media for reporting that inflation hit a nine-year high in June.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought cooperation from the International Monetary Fund (IMF) to achieve the $100 billion garment export target by 2030.

The Bangladesh Bank today asked banks to provide clients with required financial services related to the investment of savings bonds and instruments as fast as possible.

The company’s profit rose 10 per cent year-on-year to Tk 122 crore in the second quarter, which was Tk 111 crore the previous year.

The Dhaka Stock Exchange (DSE) fell for the seventh consecutive day today amid deepening economic uncertainty.

Most companies listed on the Chittagong Stock Exchange (CSE) fell today.

The Dhaka Stock Exchange (DSE) opened lower today as most shares fell, extending the losses that the key index has witnessed in the previous six sessions amid deepening economic uncertainty.

The Geneva Package has been agreed upon after a long and painful debate and sleepless nights overrunning more than 48 hours on June 17, 2022. World Trade Organisation (WTO) Director General Ngozi Okonjo-Iweala termed it an unprecedented package of deliverables.  

The progress in using concrete blocks instead of bricks for all public development projects has been sluggish as government agencies have made little efforts in this regard due to lax monitoring by the relevant authorities, according to experts.

It’s rainy reason in Bangladesh and agricultural land is supposed to be wet with monsoon rains by now.  

Inflation raced to a nine-year high of 7.56 percent in June, in a development that lays bare the extent of the cost of living crisis gripping the low-income and middle-class people in Bangladesh thanks to a war taking place some 5,800 kilometres away in Ukraine.

The Bangladesh Bank yesterday extended the increased borrowing limit from the Export Development Fund (EDF) for textile millers and garment makers to December 31 this year. 

Government spending on projects under the Annual Development Programme (ADP) rebounded in fiscal 2021-22 following a two-year disruption caused by Covid-19 but the implementation rate it is still slow compared to pre-pandemic levels.

The stock market index continued to bleed for a sixth straight day while suffering a big blow yesterday when the key index lost more than 1 per cent for the second consecutive day amid deepening uncertainties over the country’s macroeconomic indicators. 

Industrial unit owners of different sectors have demanded that the government provide them immunity from blackouts or load shedding 

Bangladesh Bank yesterday unveiled a Tk 25,000 crore refinance scheme for cottage, micro, small and medium enterprises (CMSMEs) in order to increase their access to finances.   

The Directorate of National Consumer Rights Protection (DNCRP) will start monitoring the market from today to ensure that no trader can sell edible oil at prices higher than the newly reduced rates, which come into effect on July 18.