Wishful thinking -- is what best describes the maiden tax amnesty campaign the government is planning to lure money back home next fiscal year.

Stocks in Bangladesh continued rising for a third consecutive trading session yesterday despite a last-minute selling spree that prevented a high jump in the market indices.

The government is promoting green and inclusive development as a part of its 8th five-year plan and green growth strategy, said Habibun Nahar, deputy minister for the ministry of environment, forest, and climate change in a national seminar.

Habiganj Agro Ltd and Sylvan Technologies Ltd, sister concerns of Pran-RFL Group, won National Productivity and Quality Excellence Award-2020 for enhancing productivity and manufacturing quality products.

bKash yesterday launched a learning fest called “b.Academy” to make its employees more efficient and future-ready through training and other skill development activities.

The Bangladesh Bank yesterday asked banks to take measures to transfer the funds related to the expenditures of aspirant Hajj pilgrims in Saudi Arabia.

Bangladesh Bank has asked banks to convert major export earnings of businesses into taka immediately as it looks to increase the supply of US dollars in the economy.

Stocks in Bangladesh continued to rise today for the third consecutive day, but a selling spree at the last moment restricted the index to make a big jump.

The stock market in Bangladesh gained in the first several hours of trading today.

Thousands of farmers who lost their paddy this Boro season due to excessive waterlogging amid untimely rain and a labour crisis in the country’s northern region, including eastern Sylhet and Chalan Beel, are worried about the upcoming Aman season as many of them have lost their capital.

Tyre importers in Bangladesh have been hit hard by the rise in the exchange rate and the doubling of the cash businesses require to pay in advance to open letters of credit to bring in the item.

The circular economy has quickly become one of the most popular buzzwords in business literature with many reputed publications claiming it to be the solution to the inherent conflict that exists between the profit incentive of businesses, the society businesses operate in and the external costs they impose on society.

The Bangladesh Bank yesterday directed non-bank financial institutions (NBFIs) to preserve all documents, either physically or digitally, related to loans, leases or investments until the repayment is complete.

The Bangladesh Bank yesterday raised its key interest rate for the first time in a decade and devalued the local currency for the seventh time this year against the dollar as part of its moves to tackle inflationary forces and restore stability in the foreign exchange market.  

There is bad news for consumers of imported luxury items: they will get dearer thanks to the tax measures the National Board of Revenue is preparing for the new fiscal year that begins on July 1.

Stocks in Bangladesh soared for a second consecutive trading day yesterday as general investors’ confidence grew on a regulatory step aimed at stopping the free-fall of the index. 

A month-long Chattogram International Trade Fair will begin tomorrow in the port city to promote domestic products at home and abroad.

The government should adopt a comprehensive plan to invest in the logistics sector as it would reduce the cost of doing business and attract more foreign investors to the country, experts said yesterday.

Zarin Daruwala, cluster CEO for India and South Asia at Standard Chartered, had recently come on a four-day official visit to Bangladesh meeting regulators, clients and stakeholders.

The Hongkong and Shanghai Banking Corporation in Bangladesh has recently launched an instant, real-time payment collection solution developed with support from the Bangladesh Bank’s National Payments Switch of Bangladesh (NPSB).