Bengal Commercial Bank Ltd today inaugurated its business operation with an aim to reach out to small and medium entrepreneurs through loans.

The government has reduced the import duty on non-boiled rice to 25 percent to increase supply of the rice in the market.

Inflation rose 30 basis points to 5.32 percent in February, fuelled by the increase in prices of both food and non-food items, according to the Bangladesh Bureau of Statistics.

A proposal of importing 3.5 lakh tonnes of rice from India, Thailand and Vietnam to increase food stock in the country has been approved.

South Korea plans to invest more than 200 billion won ($176 million) in developing automotive chip-making technology by 2022 in an effort to nurture the next-generation vehicle sector, the finance minister said Wednesday.

India today said it is exploring with Bangladesh a proposal for supplying refined-LNG through cross-border pipeline and establishment of an LNG terminal, and pitched for South Asian regional power co-operation.

India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after Opec+ decided last week to largely continue production cuts in April, two sources said.

Bangladesh has a golden opportunity to strengthen its economic ties with neighbouring countries and forge greater integration with regional and sub-regional blocs to boost exports and accelerate economic growth, according to a top banker.

Keeping pace with technological developments and global trends, Bangladesh’s travel market is expected to experience an exponential growth specifically in online management of customer needs, speakers said yesterday.

Two new sub-committees on recycling and green growth will be formed under the existing Sustainability and Green Growth Working Committee (SGGWC) in order to hold regular discussions on critical issues related to sustainable development in the private sector.

Shares of Peninsula Chittagong and Golden Harvest rose yesterday, riding on good news from both companies.

Kiam Metal Industries, a sister concern of BRB Group, plans to make a foray into the country’s burgeoning glassware market by setting up a Tk 850 crore manufacturing unit.

The Metropolitan Chamber of Commerce and Industry (MCCI) yesterday urged the government for reducing land registration fees, stating that the current land registration system promotes scopes for the generation of illegal money.

A free trade agreement (FTA) could increase Bangladesh’s exports to India by 182 per cent and by 126 per cent the other way round, says a new World Bank report.

Net profit in the banking industry plunged 44 per cent year-on-year to Tk 5,279 crore last year because of the massive loss incurred by state-run Janata Bank.

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) recently saw the election of a chairman and vice chairman of its Dhaka Branch Council for 2021.

German exports unexpectedly rose in January, buoyed by robust trade with China in a positive start to the year for manufacturers in Europe’s largest economy.

Tesla Inc’s stock extended losses on Monday and is now down by a third from its January record high, making it the third time in about a year that the electric car maker’s shares have corrected that dramatically.

Over more than a century of the Federal Reserve’s existence, the critical job of controlling the cost of money and the availability of credit has fallen mostly to white men, even though women and minorities have for decades made up a majority of the workforce in an increasingly diverse economy.

Seamless transport connectivity between India and Bangladesh has the potential to increase national income by as much as 17 percent for Bangladesh and eight percent for India, according to a new World Bank report.