Info sought on Evaly’s customer number, money stuck in gateways

The commerce ministry has recently asked Evaly to share information about the exact number of customers of the troubled e-commerce company and the amount of its money that is stuck up in the payment gateways.
5 December 2022, 13:26 PM

Srihatta economic zone starts production

Srihatta Economic Zone has become active as a door and window manufacturing company started production in the special area in Moulvibazar’s Sherpur.
5 December 2022, 13:08 PM

Stocks fall for second day

Shares on the Dhaka and Chattogram stock exchanges fell for the second consecutive day today as shaky investors went for selling while some adopted the 'wait-and-see' stance amid the ongoing gloomy market trend.
5 December 2022, 12:20 PM

BB forms Tk 5,000 crore refinance scheme for food security

Bangladesh Bank today formed a Tk 5,000 crore refinance scheme to ensure food security in the country as the banking regulator thinks the world might face a food crisis in the days to come.
17 November 2022, 12:04 PM

230 accounts of MFS providers frozen for hundi

The Bangladesh Financial Intelligence Unit (BFIU) yesterday froze 230 accounts of several mobile financial service providers as the accountholders were allegedly involved in hundi.
17 November 2022, 08:05 AM

Mahbub Jamil: a corporate leader and a nation builder

At its inception Bangladesh had only a handful of successful corporate leaders and Mahbub Jamil was one of them. I cringe from using the past tense for Jamil Bhai. With his passing we have lost a great leader, mentor and friend.
17 November 2022, 06:31 AM

‘Bangladesh, a potential destination for Singaporean investment’

Businesses from Singapore can invest in Bangladesh’s different sectors, including information technology, pharmaceuticals and hospitality, as the south Asian country offers a wide range of facilities to the foreign investors, trade experts said today.
16 November 2022, 16:17 PM

Deferral support for industrial raw material import extended

Bangladesh Bank today extended the deferral support for another six months to settle the import orders of industrial raw materials, agricultural equipment and chemical fertilisers.
16 November 2022, 15:38 PM

Freelancers will now receive encashment certificate from MFS

The Bangladesh Bank today asked banks to provide freelancers with encashment certificates through mobile financial service (MFS) providers so that they can submit the document at the time of income tax payment.
16 November 2022, 14:29 PM

Singaporean bank DBS to open representative office in Dhaka

Singaporean bank DBS today announced that it will be expanding its regional footprint with the establishment of a representative office in Dhaka.
16 November 2022, 13:59 PM

'Bangladesh failing to utilise export potential for poor logistics support'

Bangladesh is failing to take full advantage of its export potential because of insufficient logistics infrastructure, said Nihad Kabir, chairperson of the Business Initiative Leading Development (BUILD).
16 November 2022, 13:02 PM

Stocks’ floor price for block market eased

Bangladesh Securities and Exchange Commission (BSEC) has eased floor price for the block market, which will allow shares to be traded at 10 per cent lower price than the open market.
15 November 2022, 14:17 PM

Cut interest rate of microfinance loans: BB governor

Bangladesh Bank Governor Abdur Rouf Talukder today urged the country’s microfinance institutions to reduce loan interest rate for the poor.
15 November 2022, 12:24 PM

Orion Pharma’s profit more than doubles

Orion Pharma Ltd’s profit more than doubled in the July-September quarter of the ongoing fiscal year of 2022-23.
15 November 2022, 11:32 AM

Square Textiles makes Tk 37.68 crore profit in July-September

Square Textiles Ltd saw its profit dip by 17 per cent in the July-September quarter of the financial year 2022-23 owing to higher spending aimed at ensuring energy supply amid the gas and electricity crisis and fuel price hikes.
15 November 2022, 11:23 AM

Kalapara AC (land) stabbed by muggers in Savar

Assistant Commissioner (land) of Kalapara upazila of Patuakhali Md Abu Bakar Siddique was stabbed by muggers in Savar.
15 November 2022, 07:22 AM

‘Banks have Tk 169,586 crore excess liquidity, no crisis at all’

Bangladesh’s banks have Tk 169,586 crore excess liquidity and there is no liquidity crisis in the country’s banking sector, Bangladesh Bank said in an urgent notice today.
14 November 2022, 15:07 PM

Bangladeshi RMG getting popular in Middle East: BGMEA

The Middle Eastern countries are going to be major garment export destinations for Bangladesh as the local apparel manufacturers are now receiving a lot of queries from the buyers of the region, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
14 November 2022, 13:27 PM

Bangladesh Bank finds cases of trade misinvoicing

Bangladesh Bank today said cases of under and over-invoicing of imported and exported items came to its notice during specials audit.
14 November 2022, 12:38 PM

NBR wants tax from Nora Fatehi’s visit expenses

The tax authority has requested the home, cultural affairs and other agencies to ensure payment of source tax from payment of honorarium and other expenses for Bollywood artist Nora Fatehi.
14 November 2022, 11:06 AM