Exim Bank won a certificate of appreciation from Bangladesh Bank for achieving a loan disbursement target of the government’s special refinance scheme in the agriculture sector under a Covid-19 stimulus package.

Incepta Pharmaceuticals has come up with Linatab-E, a groundbreaking combination for diabetic patients, which will play a major role in controlling and treating diabetes, analysts said today.

Uttara Motors has recently sold 29 Suzuki cars, including 25 Suzuki Ciaz and 4 Suzuki Vitara Brezza, to Sonali life Insurance Company Ltd.

Each eligible investor except for the pension fund, approved provident fund and gratuity fund investors will have to increase their investment to Tk 3 crore from the existing Tk 1 crore on the cut-off date to avail the IPO quota benefit.

Grameenphone employees have observed “Grameenphone Green Week 2022” from May 16 to 19 this year.

The taka once again depreciated today against the US dollar amid the falling supply of the American greenback due to surging imports.

Bangladesh’s economy should be on guard for 2027 and 2028 from when the country will start to collectively pay back the interest due on four or five foreign loans taken for domestic mega-projects, according to Bangladesh Economic Association (BEA).

The government is establishing 89 laboratories to develop Bangladesh Standards and Testing Institution (BSTI) as a world-class institution, Industries Minister Nurul Majid Mahmud Humayun said today.

The Directorate of National Consumers Right Protection (DNCRP) today fined 82 traders Tk 4.94 lakh across the country for their failure to protect consumers’ rights.

Employees of all banks operating in Bangladesh will not be able to travel abroad from now on as the central bank has stepped up its efforts to stop the foreign currency reserves from sliding further. 

The construction work of Bscic Chemical Industrial Park in Munshiganj will be completed by December 2023 if everything goes according to plan, said Industries Minister Nurul Majid Mahmud Humayun.

Leading mobile phone operator Grameenphone has launched “GP Academy”, a future skills academy to prepare the young minds for the digital future through transformative upskilling.

The ICT Division and the World Bank will work jointly to build ICT infrastructure in Bangladesh to take the economic development to the next stage, said Junaid Kamal Ahmad, a vice president of the World Bank.

A new e-commerce platform named “Dhonnobad.com” was launched on May 13.

Songjog Connecting People Foundation (SCPF), a non-profit organisation, purchased a new Foton ambulance on May 16 from ACI Motors, a subsidiary of ACI Group and distributor of commercial vehicle brand Foton.

Stocks continued to bleed today for the sixth consecutive day as the investors have been suffering from a lack of confidence because of the forex market volatility.

A joint operation by the Enforcement and Inspection Team of Bangladesh Telecommunication Regulatory Commission (BTRC) and Rapid Action Battalion (RAB-4) confiscated the handsets from eight shops at Mirpur Shopping Complex.

Shares on the Dhaka Stock Exchange fell massively today as well, as worries over the economy’s health weigh on investors’ minds.

Paramount Textile Ltd will invest around $85.45 million for enhancing its production capacity.

The Bangladeshi taka today faced a steep devaluation against the US dollar as the soaring import payments have created an acute shortage of the greenback in the banking sector.