China is going to increase the tariff-free quota benefit for more Bangladeshi goods to minimise the trade imbalance between the two countries.

Stock index and turnover rebound today as the investors hope the proposed national budget for 2022-23 to be announced tomorrow will have something positive for the market.

The local currency today depreciated further against the US dollar, hitting Tk 92 against each green back in the interbank platform.

The telecom operators owed Tk 13,068 crore to the government, Telecom Minister Mustafa Jabbar told parliament today.

Deputy Commissioner of Thakurgaon Md Mahbubur Rahman made the comment as the potato growers in Thakurgaon yesterday cordoned off the office of the deputy commissioner demanding a cut in the increased cold storage rents.

The Bangladesh Bank today asked non-bank financial institutions (NBFIs) not to write off default loans swindled by scammers.

The funds will come from an existing Tk 3,000 crore refinance scheme aimed at providing low-cost loans to farmers with a view to supporting production amid the coronavirus pandemic.

Bangladesh has become a lower middle-income country from a ‘bottom less basket’ in its journey in the last 50 years where the main hero were the labourers, economists said today.

The government will form a new wage board for the garment sector in response to the apparel workers’ continued unrest in the previous four consecutive days, Lawmaker Shajahan Khan said today.

Kabir Securities Ltd (KSL), a brokerage house, has launched artificial intelligence-backed trading chatbot Ninja.

The Bangladeshi customers after their rides with ridesharing giant Uber are leaving three important accessories -- phones, cash and keys.

The local currency of Bangladesh fell by Tk 2.05 in the last two days in its value to Tk 91.95 against the US dollar.

Brac Bank has registered a profit after tax of Tk 134 crore in the January-March quarter of 2022 on a standalone basis.

The overall default loans stood at Tk 113,441 crore as of March this year, up 19.30 per cent year-on-year and 9.84 per cent up from the three months ago period.

The government should focus on restoring macroeconomic stability and providing rations to people who are financially insolvent and in the lower-income tier in the upcoming national budget for fiscal year 2022-23, recommended economists today.

Bangladesh produced 60,000 tonnes of tea in 2009, which increased to 96,510 tonnes in 2021, he said.

The leaders of the paper importers and the printing and packaging sectors today called for reducing import duty on papers that are not manufactured in Bangladesh.

ICC Bangladesh strongly endorsed the finance ministry’s recent recommendation to avoid hard loans and discourage the import of luxury goods in order to reduce pressure on declining foreign exchange reserves.

Tea export from Bangladesh has not increased keeping pace with the use and production of tea in the country, Commerce Minister Tipu Munshi said today.

Participating banks will be able to disburse loans of Tk 500 to Tk 50,000 to individual customers with up to 9 per cent interest under the scheme.