The government has granted permission to manufacturers to produce bikes up to 500cc engine capacity, a move that is expected to give a huge boost to the motorcycle industry in Bangladesh and provide the scope to bike lovers to ride higher engine two-wheelers.

The commerce ministry is going to recommend that the National Board of Revenue (NBR) reduce the import duty on canola, sunflower and olive oil to 10 per cent from the existing 32 per cent.

Rescheduling of default loans fell to a seven-year low in 2021, riding on a moratorium extended by the Bangladesh Bank to protect borrowers from the economic shocks arising from the coronavirus pandemic.

Xiaomi Bangladesh has recently launched two new laptop series’ for the first time in the country. Xiaomi has brought the Mi NoteBook series and the RedmiBook series laptops to the local market.

Grameen Bank has signed a deal with Sandhani Life Insurance Ltd to launch Grameen Bank-Aims First Unit Fund.

Another direct container shipping service between Chattogram and two European ports is going to be introduced next month.

Customers can now do unlimited transactions through mobile financial services (MFSs).

The prime index of the Dhaka Stock Exchange (DSE) broke the four days' gaining streak today while the turnover plummeted below the Tk 600 crore-level.

Chinese company Venus Beauty Ltd is going to set up a hair fashion accessories manufacturing industry in Bepza Economic Zone with an investment of $50 million.

Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia's surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia's invasion of Ukraine.

The Ministry of Land’s digital land development tax system has been selected as one of the champion projects of the World Summit on the Information Society (WSIS) 2022 contest.

Bengal Cement recently signed an agreement with the company building the first elevated expressway in Dhaka to supply cement for the project.

Khulna Power Company Limited (KPCL) is set to sell its 110 megawatt barge mounted power plant at a value of $15 million, according to a company statement posted on the Dhaka Stock Exchange (DSE) website yesterday.

Mehedi Hasan, a university student who lives in Kashempur village of Bagerhat sadar upazila, lost his chicken farm over a year ago as coronavirus-induced losses made it impossible for him to continue operations.

The first tea auction for 2022-23 will begin today at the Chattogram Tea Auction Centre.

The stock index in Bangladesh continued to rise for a fourth consecutive day yesterday while turnover of the market reached nearly Tk 900 crore after 14 working days.

The barrier to launching eSIM services has been finally removed as the National Board of Revenue (NRB) has set the value-added tax for the sale of digital subscriber identity modules by the mobile phone operators in Bangladesh.

The Bangladesh Bank yesterday asked banks to take insurance coverage against their financing to exporters in a bid to minimise default risk of loans.

Foreign direct investment to Bangladesh rose 13 per cent year-on-year to $2.89 billion last year, in a positive development for an economy long looking to increase the flow of external funds to accelerate its growth, official figures showed.  

The first tea auction for 2022-23 will begin tomorrow at Chattogram Tea Auction Centre.