The Centre for Policy Dialogue (CPD) today prescribed the Bangladesh Bank to increase the rate of cash reserve ratio to mop up the excess liquidity.

Trading of 25 fruit importers was halted yesterday after Benapole Customs House authorities suspended their licenses for not paying Tk 10 crore in outstanding revenue.

Bangladesh Bank has asked banks to send details of clients who got loans from the government’s stimulus package in order to ensure probe whether the low-cost funds went to productive sectors.

Remittance hit the lowest in five months due to post Eid hangover and lesser working days in the banking sector than a usual month.

Hotel and restaurant owners today urged the government to allow them to open doors after August 5 to keep afloat at least 60,000 enterprises and their more than 30 lakh staff.

Summit Oil and Shipping Co Ltd (SOSCL), a part of the Summit Group, has signed a memorandum of understanding with Commonwealth LNG to collaborate in the supply of liquefied natural gas (LNG) to Asia, including Bangladesh.

Dhaka stocks ended higher today as investors were upbeat after the announcement of another expansionary monetary policy for the current fiscal year.

Training institutes and master trainers are highly required to build managerial skills in the country’s workforce and plug the gap in managerial positions at local manufacturing and service industries, according to experts.

The ongoing lockdown to contain the coronavirus disease has affected demand for potato, leading to a fall in prices of the tuber, one of the most widely consumed vegetables in the country.

A temporary decision to give priority berthing to Colombo-bound vessels at Chattogram port amid a pileup of export containers at private off docks last month is now causing berthing delays for other vessels destined for the two other transhipment ports.

Repeated lockdowns in Bangladesh have pushed shops, particularly small and medium ones, to the verge of closure for good as their income crashed and debt mounted.

Export and import operations through Banglabandha land port have resumed after 12 days of work suspension on the occasions of Eid-ul-Azha.   

The number of tenders invited through electronic government procurement (e-GP) portal crossed 5 lakh today with the total value hitting Tk 510,499 crore.

Training institutes and master trainers are highly required to develop the skill to fill up the gap in managerial level in the manufacturing and service sector, experts and businessmen said at a discussion today.

Bangladesh Shop Owners’ Association today urged the government to keep markets and shops open from August 6.

The Liberian-flagged vessel carrying export containers left Chittagong port for Colombo today following a High Court order after being kept impounded for the last eleven days at the outer anchorage of the port.

The garment workers will not lose jobs for delays in joining workplaces because of the restrictions on movement during lockdown, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The government should now strictly monitor the execution of capital dredging under the dredging master plan to improve the waterways as the country is now poised to become a developing country by 2026, experts said today at a webinar.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of industries and factories for the sake of investment, employment and to maintain the supply chain.

Revenue collection rose 20 per cent year-on-year to Tk 259,867 crore in 2020-21 fiscal year thanks to increased import duty, value-added tax (VAT) and income tax receipts.