Bangladesh Bank has set aside Tk 200 crore to help farmers in six flood-affected districts overcome their losses, according to a Bangladesh Bank circular issued yesterday.

Bangladesh’s labour force has been a key driver of the country’s transformation from a “bottomless basket” to a middle-income country, economists said yesterday.

Prime Bank has unanimously reelected its chairman for a two-year term at its 528th board meeting.

In March 2020, when governments around the world announced lockdowns and quarantine to prevent the spread of a contagious disease, no one could anticipate what would happen. Covid-19 changed the order of businesses in such a disruptive manner that it made even long-established corporations rethink management practices and how to do business in this new reality.

The Chattogram Custom House auctioned off 30,000 tonnes of Hydrogen Peroxide today (June 6, 2022) in an open tender, which was lying at Chittagong Port for four years.

The funds will come from an existing Tk 3,000 crore refinance scheme aimed at providing low-cost loans to farmers with a view to supporting production amid the coronavirus pandemic.

Bangladesh has become a lower middle-income country from a ‘bottom less basket’ in its journey in the last 50 years where the main hero were the labourers, economists said today.

The government will form a new wage board for the garment sector in response to the apparel workers’ continued unrest in the previous four consecutive days, Lawmaker Shajahan Khan said today.

Kabir Securities Ltd (KSL), a brokerage house, has launched artificial intelligence-backed trading chatbot Ninja.

The Bangladeshi customers after their rides with ridesharing giant Uber are leaving three important accessories -- phones, cash and keys.

Most shares on the Dhaka Stock Exchange fell today, as the key index snapped a seven-day winning streak today.

The local currency of Bangladesh fell by Tk 2.05 in the last two days in its value to Tk 91.95 against the US dollar.

Shares on the Dhaka Stock Exchange (DSE) opened higher today.

About 85 per cent of the local and Japanese companies with operations in both nations want their respective governments to sign a free trade agreement (FTA) so that they can continue enjoying duty benefits after Bangladesh graduates from the UN’s list of least developed countries in 2026, according to a survey.

Rokeya (pseudonym), a hearing-impaired woman who is facing mental illness, was advised by her doctor to take psychotherapy for six months.

Default loans in the banking sector surged 19.3 per cent year-on-year in the first quarter of 2022 to reach one of the highest levels in Bangladesh’s history, driven by the withdrawal of the relaxed loan classification policy.

Policymakers will find it tough to bring some sort of a balance between targets to ensure economic growth while containing inflation in the next fiscal year, economist Zahid Hussain said yesterday.

The trade licence issuance process needs to be simplified and moved online while simplification of the bank loan process is also needed to help boost women owned businesses, according to a report by Business Initiative Leading Development (BUILD).

Eastern Bank Ltd (EBL) has reappointed Ali Reza Iftekhar as its managing director and chief executive officer for a fifth term until his retirement on April 18, 2026.

Shares on the Dhaka Stock Exchange rose for the seventh consecutive day yesterday amid renewed buying spree among general investors after the volatility in the foreign exchange regime lessened following the government’s move to float the local currency.