Bangladesh’s first onion storage and processing centre has started its operation at Bhaluka of Voradoba in Mymensingh on May 2

Minimum wage of workers in the tannery industry should be Tk 22,776 considering the current market conditions and high inflation, according to a study by CPD

Minimum Export Price would be US$ 550 per tonne

Nearly half of the total remittances in December last year came to Bangladesh through Islamic banking channels, according to the Bangladesh Bank.

Officials of commercial banks said the remittance inflows are not up to the mark considering the record number of manpower exports because the unofficial exchange rate is still high.

The court has served a show-cause notice to the managing director of Padma Bank for applying for bail and release of property of a wilful defaulter without fulfilling the conditions of the law, according to court documents.

In three separate letters, the Chattogram district administration yesterday instructed the Chittagong Port Authority (CPA) to deposit the land lease charges with the Bangladesh Bank and send copies of the respective receipts to its office.

The country shipped products worth $3.91 billion last month, down 0.99 percent from $3.95 billion a year ago, according to data released yesterday by the Export Promotion Bureau (EPB).

GPH Ispat Ltd registered a profit of Tk 64.31 crore between July and March of the current financial year on the back of the relative stability in the exchange rate as it helped reduce expenses for raw materials imports.

RAK Ceramics (Bangladesh) Limited saw a 70 percent decline in profit in the first quarter of the current calendar year compared to same period last year due to a decline in sales.

The government has drawn up a plan to increase the price of electricity four times a year for the next three years to withdraw all subsidies in the power sector, which the IMF recommends.

The dawning of the Artificial Intelligence (AI) era marks a significant shift in the technology landscape, profoundly affecting the job market.

Unilever Consumer Care, a subsidiary of Unilever Bangladesh Limited, logged profits in January-March of 2024 even though it posted 13 percent lower sales amid subdued consumption caused by lingering higher inflation.

The fall in exports in April led to a slowdown in overall exports, which hit 3.93 percent in the ten months since July, the first month of the current fiscal year, compared to 4.39 percent in the July-March period of the same fiscal.

Finance Minister Abul Hassan Mahmood Ali sought policy-based lending support to undertake reforms related to trade policy, logistics, climate and LDC graduation.

He joined Summit Group in 2007

$2.04 billion came in the fourth month of the year

It declined 0.99% year-on-year to $3.91 billion in April

RAK Ceramics (Bangladesh) Ltd’s profit plunged 70 percent year-on-year to Tk 4.7 crore in the January-March quarter of 2024

HAAB, ministry trade blame over ‘mismanagement’