Essential commodities such as edible oil, wheat and sugar have become costlier in Bangladesh as their prices rose in the international markets because of the supply crunch and increased shipping costs, hitting the pocketbooks of consumers.

The government has saved about Tk 12,000 crore by embracing austerity in purchasing cars for its officials since the pandemic struck Bangladesh, a development that offers the scope to look into how to cut costs.   

Garment exporters are feeling the pinch of exorbitant transport fares as the rebound in the shipment of goods thanks to the reopening global economy has raised the demand for trucks and covered vans.

Cryptocurrency exchange Binance said on Friday it would demand stricter background checks on customers to bolster efforts against money laundering, with immediate effect, a move that comes after weeks of pressure by regulators globally.

US energy firms this week added oil and natural gas rigs for a third week in a row, as a recovery in oil prices prompted some drillers to return to the wellpad over the past year. 

The sustainability of a company depends on relationships among its employees, suppliers, customers and the community, said speakers at an ICAB webinar yesterday.

The South Bangla Agriculture & Commerce (SBAC) Bank has recently witnessed the appointment of a new additional managing director. 

President Joe Biden’s administration announced steps on Thursday to allow US states to continue expanded unemployment benefits as the country grapples with a surge in the Delta variant of Covid-19, even as data showed jobless claims declining for a fourth straight week.

German car giant Volkswagen will slash production at its main plant due to ongoing problems with the global supply of computer chips, a spokesman told AFP on Friday.

European business leaders have warned that Hong Kong’s stringent quarantine measures have left its residents  “indefinitely trapped” in the city, threatening its status as an international business centre.

The government has formulated a policy to recognise 45 individuals and organisations as Agricultural Important Persons (AIPs) for their contribution in agriculture, fisheries, livestock and forest.

The sustainability of the company depends on relationships with employees, suppliers, customers and the community, say speakers at a webinar today.

Spinners have kept yarn prices unchanged since August 10 and there is no scope to reduce its prices further due to high international prices of cotton, said Mohammad Ali Khokon, president of Bangladesh Textile Mills Association (BTMA).

Mobile phone operators today said unplanned urbanisation is a barrier to provide normal telecom services to the customers.

All three terminals of the Bay Terminal project of Chattogram port will start operation by 2024, State Minister for Shipping Khalid Mahmud Chowdhury said today.

The health of the bank has improved for raising the interest rates to 9 per cent and 6 per cent respectively for lending and deposits, Finance Minister AHM Mustafa Kamal said today.

Evaly has a liability of Tk 542 crore to its customers and merchants, a top official of the commerce ministry said today.

Banks and non-bank financial institutions (NBFIs) should make their data available for clients such that they can verify the performance of every lender, analysts said today.

Bangladesh Securities And Exchange Commission (BSEC) decided to halt the effectiveness of stock broker licence of Firstlead Securities as it did not pay the fine that was imposed due to breaking rules.

A Dhaka court today issued a travel ban against five people, including two former owners of e-commerce platform eorange, in a case filed for embezzling around Tk 1,100 crore.