A branch of Union Bank Ltd has adjusted the shortage of funds in its vault through cheque, finds a Bangladesh Bank inspection.

Appetite for purchases through online platforms declined in July from a month ago, as people became cautious in placing orders when a series of scams centring e-commerce companies started coming to the light.

Coca-Cola Bangladesh has recently announced Ta Duy Tung as its new managing director, who will work closely with the company’s bottling partners, customers and other external stakeholders in the country.

The government has no plan to shut down any e-commerce company now due to irregularities by some 10 to 12 companies, Commerce Minister Tipu Munshi said today.

The commerce ministry will have to take the primary responsibility to help the customers conned by some rogue e-commerce firms get refunds, said Finance Minister AHM Mustafa Kamal.

Bangladesh’s gross domestic product (GDP) is expected to grow by 6.8 per cent in fiscal year 2022, according to the latest Asian Development Outlook 2021 released today by the Asian Development Bank (ADB).

The stock market index dropped today just after touching a record high a day earlier.

Meigo (Bangladesh) Ltd, a fully foreign owned Chinese company, is going to establish a toy manufacturing factory in Dhaka Export Processing Zone with an investment of $6.55 million.

The broadcasting services of Bangabandhu-1 satellite may get disrupted for eight days starting from September 29 because of sun outage, which means the interruption in or distortion of geostationary satellite signals caused by interference of the sun.

The government has reduced the interest rates on savings certificates and wage earners development bond by 1 to 3 per cent.

The stock market continued rising again for the second consecutive day with the prime index of the Dhaka bourse hitting its highest ever points level today.

SM Amjad Hossain, chairman of South Bangla Agriculture and Commerce Bank, has expressed his intention to resign, citing illness.

The commerce ministry today gave go-ahead to 52 companies to export 2,080 tonnes of hilsa fish to India by October 10 this year, as the Indian government wanted this special variety of fish from Bangladesh ahead of the Durga Puja, a religious festival for Hindu people.

Saudi Investment Minister Khalid Al-Falih said Bangladesh has an investment-friendly climate and there is potential for more Saudi investment in the south Asian country.

The Bangladesh Bank today unveiled a guideline on non-banking assets to allow lenders to deal with the properties put up as collateral after borrowers default.

Turnover at the Dhaka bourse hit an 18-day low today although its index bounced back adding 14 points.

First Security Islami Bank has decided to increase its paid-up capital through issuing rights shares at a ratio of 1:2 meaning one right share for every two ordinary shares.

The stock market fell today after two days of its run in the gain thanks to the profit booking tendency in the large capital-based companies.

Massive reforms and openness in economic policies helped Vietnam to come to the current stage of development whereas Bangladesh is still lagging behind in those areas and failed to keep pace with Vietnam’s development, analysts said.

Bangladesh Bank (BB) today asked banks to reappoint bankers who were sacked without any specific and proven charges.