The central bank issues a directive on Money Loan Court today

The government’s spending from its own purse rose in the first four months of the current fiscal year while the use of the funds from the foreign aid portion of the budget fell.

Square Pharmaceuticals PLC registered a 9 percent year-on-year growth in profit to Tk 600 crore in July-September this year.

A group of labour leaders of Bangladesh yesterday complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.

Deposits of Tk 1,600 crore of four state-run commercial banks —Sonali, Rupali, Agrani, and Janata — have been stuck in several weak non-bank financial institutions (NBFIs) as the latter have repeatedly failed to repay despite maturity owing to a persisting liquidity crisis.

Although Chanchra union in Jashore is the biggest source of fish fry in Bangladesh, local hatcheries are struggling in face of higher input costs and changing climate conditions, according to industry people.

Bangladeshi credit cardholders spent twice as much abroad as foreign nationals did within Bangladesh in September, according to the Bangladesh Bank (BB).

After more than two weeks of unrest in the garment sector over minimum wages, normalcy has started to be restored with almost all factories reopening and workers returning to their workplaces yesterday.

The Dhaka Stock Exchange (DSE) should be given more power so it can combat irregularities in the stock market, ATM Tariquzzaman, managing director of the bourse, said yesterday.

Apex Footwear, the leading footwear exporter and seller in the domestic market, yesterday said its profits fell in the first quarter of the financial year 2023-24 as falling exports affected revenue.

A group of labour leaders of Bangladesh today complained to the visiting delegation of the European Union that the amended labour law is not worker-friendly as many anti-labour provisions have been incorporated.

Pladis ACI Bangladesh is the proposed name of the company

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said the take-home salary of a worker will be higher than the new minimum wage if other allowances are considered, a claim that was refuted by two union leaders and an economist.

Onion set prices have doubled in Bangladesh, dashing the hopes of the inflation-hit people for an immediate reduction in the prices of the key cooking vegetable through the cultivation of early winter varieties.

One and a half years after the completion of construction, the newly-built Patenga container terminal (PCT) at the Chattogram port is finally going to be formally inaugurated.

The nationwide blockade being observed by several political parties in Bangladesh is taking its toll on businesses as sales have plunged. The transport blockade, set to enter its fifth phase on Wednesday, aims at forcing the current government to step down and pave the way for holding the next parliamentary election under a non-partisan interim government.

The government recently gave the go-ahead to establish an economic zone for agro-processing industries at Alaolpur union of Gosairhat upazila in Shariatpur, some 55 kilometres south of Dhaka city.

Bangladesh Bank yesterday asked foreign exchange houses in the country to not sell US dollars to banks for more than the recently fixed rate of Tk 110.50 per greenback.

Remittance through formal channels will likely fall in the days ahead as Bangladesh Bank yesterday asked foreign exchange houses to follow the rate set by banks, according to officials of exchange houses.

The phrase “Cash is King” became widespread during the financial crisis in 1987, courtesy Pehr G Gyllenhammar, the then CEO of Volvo. The statement signifies the importance of having cash on hand or instantly accessible cash, also known as free cash flow (FCF).