ICT Adviser Joy to inaugurate 5G on Dec 12

Sajeeb Ahmed Wazed, the prime minister’s ICT affairs adviser, will inaugurate 5G services on December 12.
1 December 2021, 18:00 PM

Unique BINs for e-commerce this month

Every e-commerce and F-commerce company in Bangladesh will soon have to apply for a Unique Business Identification Number (UBIN) from the Digital Commerce Cell (DCC) as the commerce ministry is set to launch the registration from this month.
1 December 2021, 18:00 PM

Remittance slides to 18-month low

The flow of remittance to Bangladesh fell sharply in November as the country’s expatriates continue to prefer informal channels for sending their money.
1 December 2021, 18:00 PM

BB refutes BSEC statement on disputed issues

Bangladesh Bank today refuted the Bangladesh Securities and Exchange Commission’s (BSEC) statement on Tuesday that two issues on which the two regulators had a dispute on had been resolved through a meeting that day.
1 December 2021, 15:54 PM

Stocks rebound strongly

Bangladesh stocks rebounded strongly today amid investors' optimism after the central bank and the stock market regulator agreed to resolve their disputes.
1 December 2021, 07:30 AM

Idcol plans big for industrial rooftop solar

The Infrastructure Development Company Ltd (Idcol) has big plans to invest in industrial rooftop solar power projects in line with the government target to meet 30 per cent of Bangladesh’s energy needs from clean sources by 2030.
30 November 2021, 18:00 PM

Business revival lifts credit growth to 13-month high

Private sector credit growth in Bangladesh accelerated to 9.44 per cent in October, the highest in 13 months as the economy is running in full swing, shaking off coronavirus fallout.
30 November 2021, 18:00 PM

HSBC voted ‘market leader’, ‘best service’ in Bangladesh by Euromoney

HSBC has been voted “market leader” and the “best service” in Bangladesh in the Euromoney Cash Management Survey 2021.
30 November 2021, 18:00 PM

BJA gets new office bearers

Bangladesh Jute Association (BJA) yesterday witnessed the election of its new office bearers for a two-year term starting 2021-22. 
30 November 2021, 18:00 PM

Parag Agrawal: New CEO sheds low profile to take Twitter helm

Parag Agrawal, who took over Monday as the new head of Twitter, shot from relative obscurity as the platform’s technology expert to becoming the latest India-born talent to lead a US tech giant.
30 November 2021, 18:00 PM

Sea Pearl hotel to operate La Villa Western

Sea Pearl hotel, owner of Royal Tulip Sea Pearl Beach Resort & Spa in Cox’s Bazar, is going to operate a hotel in Dhaka on a rental basis.
30 November 2021, 18:00 PM

Premier Bank’s perpetual bond gets nod

The Bangladesh Securities and Exchange Commission (BSEC) yesterday approved a perpetual bond and a mutual fund.
30 November 2021, 18:00 PM

Addressing global supply chain bottlenecks

Unusual disruptions in global supply chains are becoming a nightmare not only for businesses but for the global economy as well. It has reached such a dire state that even the US president had to make resilient supply chains a top priority of his administration.
30 November 2021, 18:00 PM

DP World reiterates commitment to invest $1b

Dubai-based multinational logistics company DP World will invest $1 billion in Bangladesh’s supply chain infrastructure, including ports, rail network and inland container terminals.
30 November 2021, 18:00 PM

Stocks plunge on Omicron scare

Major indices of the domestic stock market took a nosedive yesterday despite breaking a six-day losing streak just the day before due to intensifying fears surrounding a fresh breakout of Covid-19, according to experts.
30 November 2021, 18:00 PM

Govt to honour 57 NRBs as CIP

The government has selected 57 non-resident Bangladeshis to honour them as the commercially important person (CIP) for their contribution to the economy.
30 November 2021, 18:00 PM

Tax return submission deadline now Dec 31

The National Board of Revenue (NBR) yesterday extended the deadline for income tax return submission by a month.
30 November 2021, 18:00 PM

BB softens tone in row with BSEC

The central bank may allow banks and non-bank financial institutions to channel the undistributed dividends to the stock market stabilisation fund, in a softening of stance that would end its dispute with the stock market regulator.
30 November 2021, 18:00 PM

FBCCI to celebrate 50 years of independence

The country’s apex trade body, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), is going to launch a 16-day event in Dhaka to commemorate the country’s 50 years of independence.
30 November 2021, 18:00 PM

Tax rates to fall if tax net widens: experts

The tax rates will come down if more people are brought under the tax net and if the government reduces the tax rate, people will be less inclined towards evading tax, speakers told a seminar yesterday.
30 November 2021, 18:00 PM