Brac Bank and Blue-Wealth Assets have signed an agreement for the bank to provide custodial services to the latter such that they can operate a “Blue-Wealth 1st Balanced Fund”, a new open-ended mutual fund.

The Bangladesh Competition Commission filed cases against eight edible oil companies on Wednesday for manipulating the key cooking ingredient’s local production and supply.

The government has formed two committees which will bring amendments to the labour law by December 31 this year, said a top government official yesterday.

Sonia Bashir Kabir, Afeef Zaman and Morin Talukder, three Bangladeshi tech and start-up entrepreneurs, have been named in the Rest of World’s (RoW) 100 Global Tech’s Changemakers’ list for their contribution to the technology sector amidst challenges.

Bangladesh has retained its position as the recipient of the seventh highest amount of money transferred by migrant workers among 10 top recipient nations in 2021.

The Bangladesh Bank yesterday barred the chairman of any non-bank financial institution (NBFI) along with the heads of executive, audit and risk management committees from holding any post of its subsidiary or foundation.

The Bangladesh Bank today barred the chairman of any non-bank financial institution (NBFI) along with the heads of executive, audit and risk management committees from holding any post of its subsidiary or foundation.

The government high-ups and the top commercial bankers today urged expatriate Bangladeshis to send their money through the legal channel instead of using hundi – an illegal cross-border money transfer network.

The disasters like the Nimtoli tragedy and the Tazreen Fashion fire have been eye-openers for the government to take widespread measures immediately to ensure industrial safety, Industries Minister Nurul Majid Mahmud Humayun said today.

Digital payment service provider Visa has selected digital payments start-up TallyKhata from Bangladesh for the 2022 cohort of its Visa Accelerator Programme in the Asia Pacific.

Jubilant FoodWorks, the master franchisee of Domino’s Pizza in India, Sri Lanka, Bangladesh and Nepal, has fully acquired Jubilant Golden Harvest Ltd, the franchisee of Domino’s Pizza in Bangladesh.

Dhaka stocks shed 73 points yesterday as investors are plagued by fears of a regulatory intervention in the interest rate ceiling coupled with chances of Russia’s war on Ukraine placing the global economy in a tight position amid surging oil prices.

The government should unveil a roadmap in the upcoming budget to deal with the challenges that the country might face following its graduation from the group of the least-developed countries (LDCs), said Monzur Hossain, research director of the Bangladesh Institute of Development Studies (BIDS).

Litchi cultivation is on the rise in Pabna, where the seasonal fruit now plays a vital role in agro-economics as farmers in the district are likely to get record production due to the favourable weather conditions in early summer.

Companies, wholesalers and retailers are blaming each other for the disappearance of edible oil from the market ahead of Eid-ul-Fitr.

Onion prices shot up in Bangladesh after the plant quarantine office of the agriculture ministry stopped issuing import permits for the popular cooking ingredient in a bid to protect the interest of local growers.

Jubilant FoodWorks, the master franchisee of Domino's Pizza in India, Sri Lanka, Bangladesh and Nepal, has fully acquired Jubilant Golden Harvest Ltd, the franchisee of Domino’s Pizza in Bangladesh.

Commerce Minister Tipu Munshi today invited the Canadian investors to set up canola oil manufacturing mills in Bangladesh.

Bangladesh Bank announced today that it has not cancelled any banknote.

Stocks tumbled for the consecutive second day and lost 73 points today.