Export-import activities between Bangladesh and India through the Hili land port in Dinajpur resumed yesterday after a two-day holiday on the occasion of India’s Republic Day.

Brac Bank has launched a premium banking service styled “Borenno” for clients in the small and medium enterprise (SME) industry.

Standard Bank Limited (SBL) has been awarded “gold rank” for its sustainability report by the Asia Sustainability Reporting Rating-2022’.

NRBC Bank has recently won two awards -- “Most Innovative Mobile Banking App (NRBC Planet)” and “Fastest Growing Micro-Finance Bank” -- presented by Global Economics Ltd, a UK-based financial publication and a quarterly business magazine.

The three-day “Indo-Bangladesh Agri Mechanisation Summit” kicked off at International Convention City Bashundhara in Dhaka on Friday.

Grasshopper Group of Companies (GGC), a diversified business group in Bangladesh, has brought fire-resistant glass to the local market.   

The government has formed a 29-member committee to ensure an efficient transportation of goods and services and the overall development of the logistics sector in Bangladesh.

Bproperty, a real estate solutions provider in Bangladesh, has announced that it will merge with Australian-based Digital Classifieds Group (DCG).

Trade-based money laundering (TBML) is a silent killer that is undermining the very foundations of Bangladesh’s economic growth. As an emerging economy and, more so, an expanding trading nation that is going through LDC graduation, Bangladesh is particularly vulnerable to TBML. This illicit activity is weakening financial institutions, eroding foreign currency reserves, and undermining international trade, leaving the country’s economy in shambles and stakeholders in despair.

For the first time in Bangladesh, the Department of Agricultural Extension (DAE) has succeeded in growing coloured cauliflower on an experimental basis.

Apart from export and remittance earnings, the government has placed importance on securing more foreign funding in the current fiscal year to shield the country’s foreign currency reserves from depletion. 

The three-day Digital Bangladesh Mela 2023, where more than 50 telecom and ICT companies are showcasing their products and services, kicked off at the Bangabandhu International Conference Centre in Dhaka’s Agargaon yesterday.

Bangladesh Building Systems Ltd (BBS) reported more than 97 per cent decline in profit in the second quarter of the current financial year, owing to a fall in non-operating incomes.

Walking back from the corner shop, Mr Chowdhury met a neighbour who inquired about what his sons are doing nowadays.

Bangladesh Lamps Ltd is going to set up a new production line to manufacture accessories at its existing factory in Narsingdi’s Shibpur.

The Business Initiative Leading Development (BUILD) yesterday demanded the government make the company registration process fully automated, said a press release. 

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon seeking a review of the gas and power prices, as they are facing difficulties because of the high prices of energy, Commerce Minister Tipu Munshi said yesterday.

The United Nations (UN) has trimmed its forecast on Bangladesh’s economic growth to 6 per cent for 2023 from its previous projection of 6.4 per cent as the country’s economic situation has significantly deteriorated due to high food and energy prices, monetary tightening and fiscal vulnerabilities.

The business climate in the country improved slightly in 2022 compared to 2021 on the back of progress in the areas such as starting a business, infrastructure and labour regulations, according to the Bangladesh Business Climate Index (BBX).

British retail giant Primark’s CEO Paul Marchant has praised the development Bangladesh’s garment sector has achieved in production of apparels in green factories.