Bangladesh Bank yesterday decided to form a Tk 500 crore fund to help startups commence business. The central bank’s board of directors took the decision to enable the new entrepreneurs to avail financing from banks smoothly.

Bangladesh and Australia have expressed interest in deepening and widening the economic cooperation between the two countries in a shift from aid to trade relations as the South Asian nation will graduate from the least developed country (LDC) category by 2024.

Bangladesh Bank today decided to form a Tk 500 crore fund in order to help new entrepreneurs aged 21 years and above start businesses.

Partnership programme Biniyog Briddhi has teamed up with four innovative impact enterprises, HelloTask, Romoni, SafeWheel and Shuttle.

The Meghna Group of Industries, one of the country’s leading businesses houses, yesterday launched two oceangoing dry bulk carriers in a bid to strengthen its capacity to carry both local and international cargo.

Goldman Sachs Group Inc said on Wednesday it will invest $10 billion in an initiative to support Black women over the next 10 years, focusing on areas including healthcare, job creation and education.

India’s retail inflation probabaly rose in February as food and fuel prices went up remained within the Reserve Bank of India’s target range for a third straight month, a Reuters poll predicted.

The UAE has entered the world’s top ten tax havens for the first time, research showed Tuesday, in a report flagging OECD nations and their dependencies for more than two-thirds of “global corporate tax abuse”.

Dove soap maker Unilever will remove the word “normal” from its beauty and personal care products, as well as stop digital alterations of body shapes and skin colour of models used in its advertising in a push to be more inclusive.

The OECD sharply raised its 2021 global growth forecast on Tuesday as the deployment of vaccines and a huge US stimulus programme have greatly improved economic prospects.

Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China’s seemingly unquenchable demand for his ubiquitous red-capped bottled water.

The ongoing coronavirus pandemic has led to unanticipated consequences in each aspect of everyday life, including workplace practices across the globe.

Syed Ferhat Anwar, chairman of the election board of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), resigned yesterday citing personal reasons.

The government has reduced the import duty on non-boiled rice to 25 per cent from 65 per cent to increase market supply.

As a part of its aggressive push to increase the country’s food stock, the government yesterday approved three proposals to import a total of 3.5 lakh tonnes of rice from India, Thailand and Vietnam under state-to-state arrangements.

Textile millers and garment manufacturers yesterday demanded that the government impose value-added tax (VAT) of Tk 3 on the sales of every kilogramme of all kinds of yarns, including that of manmade fibres, to facilitate product diversification.

The government yesterday approved two proposals to import more than 67.2 lakh MMBTUs liquefied natural gas from the spot market for Tk 527.24 crore.

General inflation accelerated to 5.32 per cent in February, fueled by an increase in both food and non-food items, according to the Bangladesh Bureau of Statistics (BBS).

Bengal Commercial Bank launched business operations yesterday targeting to reach small and medium entrepreneurs by way of giving out loans.

Retail investors may get a higher allocation of shares during initial public offerings (IPOs) as the regulator has moved to make the market an attractive investment destination for individuals.