News

The government has allowed edible oil refiners to increase the price of soya bean oil by Tk 2 a litre against the refiners’ decision to increase the price by Tk 5 a litre.

Mobile financial services have gained immense popularity in Bangladesh, particularly among lower-income groups, but the charge to withdraw funds has remained almost unchanged since the inception of the digital platform in 2011. As a result, most clients have to fork out Tk 18.50 to withdraw Tk 1,000 from their accounts. …

Small and medium enterprises (SMEs) can apply for loans under the government’s incentive package to offset the coronavirus losses from Sunday.

Bangladesh Bank (BB) today allowed members of the e-Commerce Association of Bangladesh (e-CAB) to remit abroad US$10,000 in a year each to meet their legitimate current expenses.

Beximco Pharmaceuticals Ltd’s net profit rose 62.38 per cent year-on-year in the January-March quarter, partly riding on its income from vaccine distribution in Bangladesh.

The Business Confidence Index score in Bangladesh deteriorated by 16.51 points in April from that in January due to disruption in business activities caused by the onset of the second wave of Covid-19, according to a survey.

Bangladesh’s remittance inflow grew up by 39 per cent to $20.67 billion in the first 10 months (July-April) of the current fiscal year.

The country’s export earnings in the July-April period of the current financial year 2020-21 grew by 8.74 per cent to $32.07 billion from $29.49 billion in the same period of the previous fiscal year riding on moderate performance of readymade garments.

All policies and procedures developed by the Accord have been carried over to the RSC, the BGMEA says

Bangladesh requested Indonesia to offer its readymade garments duty free benefits and not to impose safeguard measures on its textile products