Hami Industries PLC has signed an agreement with Lubricant Asia Limited to lease out 6,752 square feet of space from its factory in Fouzderhat Heavy Industrial Area of Chattogram for two years.

Syed Manzur Elahi, a sponsor director of Apex Footwear Ltd, has purchased 50,000 shares of the leading footwear maker, the company said yesterday.

Donald Trump’s new administration has plunged international development assistance into an existential crisis. Within hours of taking office in January, the president had issued, an executive order mandating a 90-day pause on most aid to poorer countries. Last week, the State Department confirmed it was cutting more than 90 percent of the US Agency for International Development’s programmes.

Bangladesh’s foreign exchange reserves fell from $21.39 billion to $19.7 billion yesterday after the country paid $1.75 billion in regional import bills through the Asian Clearing Union (ACU).

Garment manufacturers and exporters demanded adequate supply of gas and electricity to production units and a reduction in bank interest rates to enhance production and exports, a leader of one of the panels that contest the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) polls said yesterday.

Bangladesh’s pharmaceutical exports posted steady growth in the first eight months of the current fiscal year, buoyed by rising demand from developed markets, though a sharp decline in February raised concerns, industry experts said.

Some officials of the Bangladesh Securities and Exchange Commission (BSEC) returned to work yesterday after protests and a work abstention last week. Over the weekend, the commission chairman instructed officials to restore normality. 

The government will fundamentally transform the country’s telecom policy to unlock the digital economy, improve service quality and prevent internet shutdowns during critical periods, said Faiz Ahmad Taiyeb, the newly appointed special assistant to the chief adviser.

Bangladesh’s economy might have expanded in February, but at a slower pace due to sluggish growth in the construction and services sectors.

Credit appetite of the local private firms continues to fizzle out as the ongoing battle against inflation makes bank borrowing more expensive amid a volatile political climate after the August political changeover.  

US President Donald Trump signed an executive order Thursday establishing a “Strategic Bitcoin Reserve,” forcefully endorsing a currency once shunned as a tool for money launderers.

The telecom operators lost 10 lakh subscribers alone in January

February marked the fifth consecutive month of expansion

After the purchase, his stake rises to 7.34% in the company

CPA seeks shipping ministry’s intervention

Meanwhile, BSEC officials returned to work without withdrawing ‘break in service’ agenda

The ongoing standoff at the Bangladesh Securities and Exchange Commission (BSEC) that kicked off on Wednesday last week could be described as a battle on thin ice.

"This store is a proud testament to Bangladesh moving boldly into the future," said Tamara Abed, managing director of BRAC Enterprises, according to a press release.

Japan said it was granting concessions on a 369.45 billion yen ($2.5 billion) loan under a comprehensive debt treatment plan

Over a month into his second term as US president, Donald Trump has slapped sweeping tariffs on the export-dependent nation, citing Beijing's failure to stem fentanyl flows as justification.