BSK Bangladesh will invest $6.14 million

Despite facing a number of economic challenges, Bangladesh may end up importing more cotton year-on-year in marketing year (MY) 2024-25 to meet increasing global demand for garments.

They submitted a memorandum to Bangladesh Bank governor

Bangladesh economy to grow 5.7% in FY24, the lender says

It is an extension of PepsiCo's pep+ (PepsiCo Positive) ambition and the 'Food for Good' platform

They want to sell soybean oil at Tk 173, loose palm oil Tk 132 and five-litre cans at Tk 845

Plastic money transactions fell 4.77% to Tk 3,057 crore

It lost 1.45% to close at 5,778.76 points

No new proposal will be accepted before the completion of the five, BB says

BGMEA President SM Mannan Kochi says in a press briefing today

The Bangladesh Bureau of Statistics says in quarterly GDP estimate

Bangladesh has sought duty-free access for its products shipped to Brazil to reduce the bilateral trade gap.

The cabinet committee on economic affairs says

Telecom operators and experts in Bangladesh yesterday demanded restructuring taxation in the sector, arguing that the rates in place are not only limiting the sector’s growth, but also potentially hindering the implementation of “Smart Bangladesh”.

Leather exports rose 9.8% year-on-year in Jul-Mar of FY24

The merger guideline for banks and financial institutions is being hailed as a major step towards fixing the problem in the financial sector, which has been weighed down by massive default loans and weak corporate governance.

Although banks in the country normally face a liquidity shortage due to cash withdrawals ahead of Eid-ul-Fitr each year, a majority of them have sufficient funds on hand this time around thanks to continuous liquidity support from Bangladesh Bank.

Telenor, the parent company of leading mobile phone operator Grameenphone, has a long-term commitment to the Bangladesh market.

Five associations representing the ICT sector yesterday demanded that the government extend tax exemptions on businesses offering software and IT-enabled service (ITES) till 2031, saying their development was crucial to the government’s vision for a Smart Bangladesh.

The benchmark index of Dhaka Stock Exchange (DSE) staged a comeback yesterday, snapping a two-day losing streak.