The traditional weaving industry in Tangail district needs both public and private support in order to recover from the Covid-19 and flood-induced losses, according to local traders.

Bangladesh needs to pay attention to explore new export destinations, including untapped markets in the Commonwealth of Independent States (CIS), Latin America and African regions, according to speakers at a webinar yesterday.

PHP Family, one of the largest industrial conglomerates in the country, has provided 11 bonuses equal to the basic salary to each of its 10,000 employees on the occasion of Eid-ul-Fitr this year.

Energypac Power Generation yesterday inaugurated an industrial park in a bid to export locally manufactured generators, enhance its current manufacturing capacity and assemble eco-friendly electric commercial vehicles.

The government may keep its tax collection target unchanged for the National Board of Revenue in the next fiscal year because of the devastating effect of the coronavirus pandemic on the economy.

Square Pharmaceuticals will launch its production facility in Kenya within the next four months in a move that will considerably enhance the company’s earnings from East African nations.

Production in a number of local chemical, textile and glassware factories is facing setbacks for delays in the shipment of soda ash by Indian exporters over the past four months.

Although almost all the people who had lost their jobs in April to May last year because of the pandemic-induced economic downturn found jobs by February, 86 per cent said they are not earning enough to meet their daily necessities, according to a survey.

IPDC Finance recently witnessed a deputy managing director being promoted to the post of additional managing director. The official, Rizwan Dawood Shams, had joined as a senior manager under corporate investment on November 1, 2007, says a press release.

Rumee A Hossain has been re-elected as the chairman of the executive committee of the board of Bank Asia in the 453rd meeting of the board of directors held recently.

Prime Bank recently witnessed the appointment of a deputy managing director who would also act as a chief anti-money laundering compliance officer and a chief risk officer.

Tobacco is a leading cause of death, disease and disability around the world with more than eight million deaths attributed to its use every year.

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of official development assistance in 2020. Since the Covid-19 pandemic s

Bangladesh Bank yesterday instructed the country’s lenders to extend their operating hours to 2:00pm from today in order to help clients complete their banking activities smoothly ahead of Eid-ul-Fitr.

The government will import 50,000 tonnes of parboiled rice from India through the railways for the first time.

Stocks of Orion Pharmaceuticals topped the gainers’ list with a 9.83 per cent rise yesterday after the news broke that the pharma company wants to produce Covid-19 vaccine in the country.

The election board of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday declared the names of 78 directors who were elected uncontested.

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of the Official Development Assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses moving base to Bangladesh.

Stock subscriptions for the country’s first-ever small and medium enterprise (SME) to enter the stock market would run between May 16 and 20.

Investors are pouring money into stocks pinning hopes on the higher profit declarations by the listed companies for the latest quarter.