Guardian Life Insurance and Bank Asia, a role model of agent banking in the country, recently signed a group insurance agreement.

Brac Bank has signed an agreement with Bangladesh Bank (BB) to become a participating financial institution of a “Supporting Post Covid-19 Small Scale Employment Creation Project” funded by Asian Development Bank (ADB).

Earnings of Bangladesh Shipping Corporation (BSC) rose 183 per cent year-on-year in the January-March quarter of the current financial year on the back of a significant increase in fares in the shipping sector internationally.

South Korean company HKD Bangladesh is going to establish an industry in Bepza Economic Zone to manufacture a range of camping equipment, from tents and sleeping bags to nuts and steel wires.

The government should properly manage subsidies in the energy sector as taxpayer-backed spending is set to surge owning to higher commodity prices in the global market, according to the Metropolitan Chamber of Commerce and Industry (MCCI).

From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure, a strategy that appears to be working at least for now.

General stock investors in Bangladesh rushed to buy stocks yesterday after the regulator lowered the limit of the circuit breaker to stop the free fall of the index.

Customs authorities are planning to auction off on June 23 a total of 108 cars, including ones of luxury brands BMW, Land Rover, Mitsubishi, Mercedes-Benz and Lexus, brought to the Chattogram port around a decade ago duty-free under a UN convention.

Shabnam Vegetable Oil Industries, a concern of the TK Group of Industries, is set to secure a government contract to sell 5,000 tonnes of lentils at Tk 107.50 per kilogramme.

Bangladesh Bank has formed a Tk 2,000 crore refinance scheme to ensure sustainable development of the shipping industry, increase export earnings and employment and gradually reduce dependence on imports.

Local jewellers today reduced gold prices by Tk 2,916 to Tk 79,548 a bhori or 11.664 gram as the prices of the precious metal fell on the global market.

The Bangladesh Bank today asked banks to suggest uniform exchange rates of the taka against the US dollar in order to bring back the stability in the country’s foreign exchange market.

Bangladesh Bank has formed a Tk 2,000 crore refinance scheme to ensure sustainable development of the shipping industry, increase export earnings and employment and gradually reduce import dependence.

South Korean company HKD Bangladesh Ltd is going to establish an industry to manufacture tent, tent accessories, camping furniture and camping equipment in Bepza Economic Zone.

General stock investors in Bangladesh rushed to buy stocks today after the regulator lowered the limit of the circuit breaker to stop the free fall of the index.

Climate change is a reality and it is mainly caused by humans. Despite contributing less than 0.47 per cent to global greenhouse gas emissions, Bangladesh is one of the most climate-vulnerable countries with millions of people and livelihoods at risk.

Bangladesh is likely to buy the bulk of its muriate of potash (MOP) from Canada and other countries to meet its requirement for 7.5 lakh tonnes of the chemical fertiliser to produce rice and other crops for the next fiscal year, said officials of the agriculture ministry yesterday, dispelling concerns of a shortage due to the war in Ukraine.

Consumers are already bearing the brunt of the high prices of edible oil, wheat and rice for the Russia-Ukraine war and unfavourable weather conditions on the domestic front.

The stock market regulator in Bangladesh has stepped up its efforts to forestall the freefall of shares despite criticism from institutional investors and analysts as uncertainty is deepening owing to the raging Ukraine war, persistently higher inflation and fresh coronavirus flareups.

The government is committed to using the long-overdue National Household Database (NHD) from the next fiscal year to better target the social safety net programmes, in a development that can infuse dynamism in the flat scheme.