India’s leading automotive components manufacturing company Steelbird International has joined hands with TVS Auto Bangladesh to manufacture best-in-class superior quality automotive filters.

A taskforce should be formed to identify the challenges and explore the potential of the promising plastic sector along with maintaining the environmental standards, Prime Minister’s Principal Secretary Ahmad Kaikaus said today.

Four directors of the country’s largest drug maker Square Pharma today said they wanted to buy 900,000 shares of the company at prevailing market prices, indicating that sponsors have confidence over long-term prospect of the company.

Bangladesh Bank today warned banks not to show any unrealised interest gained from the rescheduled loans as their income.

The local and foreign companies are increasingly looking to assess their competitive position in the market through sustainability reporting and the professional accountants can play a big role in preparation of the report, experts said today.

Chattogram Customs House has seized a consignment of Sagar Jute Diversified Industries, as the Narayanganj-based export-oriented company has been trying to shipped goods 16 times lower goods than declaration.

A Canada-China owned company will invest $5.74 million to set up a diversified product manufacturing industry in Bepza Economic Zone.

Md Sirazul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA), today suggested the private sector entrepreneurs to utilise the One Stop Services (OSS) offered by the BIDA in order to reduce hassles in business.

The key indices of the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) extended losses today as persisting uncertainty over the global economy and the commodity market volatility keep hurting investors’ sentiment.

The Asian Development Bank (ADB) has forecasted that Bangladesh’s gross domestic product (GDP) would continue to maintain the similar strong growth at 6.9 percent this fiscal year (2021-22) as it did in the previous FY.

Bangladesh has huge potential in the blue economy and the country should work jointly with Sri Lanka for the development of the sector, Sri Lankan High Commissioner to Dhaka Sudharshan DS Seneviratne said today.

The prime index of the Dhaka Stock Exchange dropped for the second consecutive day today when its turnover hit a one-year low.

Chinese company Xihe Textile Technology Bangladesh Ltd is going to set up a garments manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $12.89 million.

The government has removed the upper ceiling of investment in two US dollar related bonds to enable non-resident Bangladeshis to invest as much as they want, according to a notification of the Internal Resources Division (IRD).

Leading mobile financial service provider bKash has come up with cashback offers for its customers like the previous years on the occasion of Pahela Baishakh and Eid-ul-Fitr.

Export earnings surged 33.4 per cent year-on-year to $38.6 billion in July-March period of the fiscal year buoyed by manufactured commodities mainly garments, providing a much-needed support to the country’s foreign exchange reserves, which is under pressure amid ballooning import bills.

Shares on the Dhaka Stock Exchange (DSE) fell today after a two-day break as jitter investors went for panic sales.

Sri Lankan High Commissioner to Bangladesh Sudharshan Seneviratne has sought investment from Bangladesh in tourism and agriculture sectors of the nation, which is now going through an economic turmoil.

Bangladesh Patents Bill 2022 was passed in parliament today with an aim to make the century-old patents law more time-befitting and safeguard the intellectual property rights.

Bangladesh may face internal and external shocks if in the upcoming budget it does not consider issues related to the Russia-Ukraine war, recovery of economies from Covid-19 pandemic and the latest collapse of the Lankan economy, experts said today.