French tyre group Michelin said Tuesday it plans to transfer its activities in Russia to local management, the latest foreign firm to exit the country following Moscow’s invasion of Ukraine.

Shares on the Dhaka Stock Exchange (DSE) rose marginally for the second consecutive day yesterday as investors bought lucrative securities.  

The Chittagong Port Authority (CPA) recently saved an oceangoing ship, which was severely damaged in a mid-sea accident that could have caused the loss of export cargoes worth Tk 800 crore and create an obstacle for navigation.

Borrowers of non-bank financial institutions (NBFIs) can now avail a flexible loan repayment facility similar to that being enjoyed by bank customers up till December this year, according to a Bangladesh Bank notice issued yesterday.

The National Board of Revenue (NBR) reached 76 per cent of its Tk 330,000 crore revenue generation target in the outgoing fiscal year, meaning it is going to miss its full-year goal once again.

Businesses today called for arranging low-cost fund just like the Export Development Fund for the jute sector, which will provide entrepreneurs with loans at 2 per cent interest.

The exchange rate of the taka stood at Tk 93.45 per dollar on Tuesday in contrast to Tk 92.95 on Monday.

The chairmen of non-bank financial institutions along with the heads of executive, audit and risk management committees who hold directorships of associated subsidiaries or foundations will be able to continue to serve in the latter positions until December this year.

The borrowers of non-bank financial institutions will enjoy a flexible loan repayment facility up to December this year.

Shares on the Dhaka Stock Exchange (DSE) rose marginally for the second consecutive day today.

The origins of many successful organisations that exist today can be traced back to the nineteenth century or even earlier.

Internet users in Dhaka are set to get faster bandwidth thanks to Padma Bridge as the Bangladesh Telecommunications Company Limited (BTCL) has laid fibre-optic cables on its lower deck to reduce the time taken for data to travel between the capital and submarine cable landing station in Kuakata.

The locals of Kishamot Doshlia village under Gaibandha’s Sadullapur upazila believe it is possible to earn a good amount of foreign currency by exporting different kinds of saplings to Turkey from the otherwise ordinary village.

A train service from Chapainawabganj to dedicatedly bring the region’s seasonal bounty of mangoes to Dhaka has been cancelled on running for just 11 days this season.  

Volatility in the country’s foreign exchange market has intensified once again as Bangladesh Bank has commenced tinkering with the exchange rate of the taka against the US dollar.

The Chittagong Port Authority (CPA) has recently saved a severely damaged oceangoing ship, victim of an accident mid sea, which could have caused loss of export cargoes worth Tk 800 crore and block the whole channel for future navigation.

Work orders to the garment sector in Bangladesh fell by more than 20 per cent for the September and November season as consumers in the western world are tightening their belts owing to blistering inflation and deepening uncertainty caused by the Russia-Ukraine war. 

Prime Bank signed a memorandum of understanding with healthcare service provider Response Plus Holding PJSC recently enabling discounts for the bank’s “monarch” clients at Burjeel Hospital and Tajmeel centres in United Arab Emirates. 

Shares on the Dhaka Stock Exchange (DSE) closed in positive territory yesterday riding on bargain-hunters who showed some buying interest despite persisting macroeconomic uncertainty.  

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) to form “complaint cells” at both their head offices and branches so as to resolve complaints of clients.