Westin Dhaka wins awards

The Westin Dhaka recently won an award at “Haute Grandeur Global Excellence Awards 2021” for “providing best hotel service in Asia and best business hotel in the city with best culinary experience”, said a press release.
19 October 2021, 18:00 PM

DBH gets nod to issue Tk 300 crore zero coupon bond

The Bangladesh Securities and Exchange Commission (BSEC) has approved a non-convertible zero coupon bond of Delta Brac Housing worth Tk 300 crore.
19 October 2021, 14:58 PM

Brokers, merchant bankers to be allowed to issue bond

The stock brokerage firms and merchant banks is going to be allowed to raise fund to invest in the stock market.
19 October 2021, 14:42 PM

Stocks fall for seventh consecutive day

The benchmark index of the Dhaka bourse massively fluctuated today, as it soared 89 points at the beginning of trading, but ended the day with a 76-point fall.
19 October 2021, 11:07 AM

Edible oil price to rise to Tk 160 a litre from tomorrow

The commerce ministry today gave go-ahead to the refiners’ proposal of hiking prices of edible oil by Tk 7 per litre with effect from tomorrow.
19 October 2021, 10:23 AM

IFC finances $22.7m in Hamza Textiles, a concern of DBL Group

The International Finance Corporation (IFC) has invested $22.7 million in Hamza Textiles Limited (HTL), a dyeing and finishing company of DBL Group.
19 October 2021, 06:36 AM

TMSS loans now thru bKash

Thengamara Mohila Sabuj Sangha (TMSS) recently signed an agreement with bKash enabling its members to both receive microfinance loans and pay monthly instalments through the mobile financial service provider. 
18 October 2021, 18:00 PM

Factory inspection begins this month

Companies in the chemical, plastic, and food processing sectors will be given priority when safety inspections get underway in the first phase of the government’s move to ensure adequate infrastructure and fire safety measures at all industrial units.
18 October 2021, 18:00 PM

ADP spending hits four-year high

Public expenditure through the Annual Development Programme (ADP) increased and touched a four-year high in the first quarter of the current fiscal year as the pace of project execution by large ministries has accelerated.
18 October 2021, 18:00 PM

Govt conducts feasibility study for FTA with Thailand

Bangladesh’s plans of signing a free trade agreement (FTA) with Thailand has turned more plausible with a feasibility study conducted by the Bangladesh Trade and Tariff Commission.
18 October 2021, 18:00 PM

HeidelbergCement’s losses rise in Jul-Sep despite higher sales

Listed multinational HeidelbergCement Bangladesh Limited has incurred higher losses year-on-year in the July-September period of the current year despite a rise in sales.
18 October 2021, 18:00 PM

Stocks take a steep dive

The local stock market witnessed a massive fall yesterday, marking the sixth consecutive day that the prime index of the country’s premier bourse has seen a downward trend.
18 October 2021, 18:00 PM

Uniform rates set to settle transactions

The Bangladesh Bank yesterday set uniform rates on settling transactions through digital platforms of banks and other financial service providers as part of its effort to facilitate clients and merchants.
18 October 2021, 18:00 PM

Melamine market growing steadily

Households in Bangladesh have historically tended to use earthenware, china, stainless steel and even pewter for dinnerware. But once its use came to be known, melamine products quickly gained popularity, especially in rural and semi-urban areas.
18 October 2021, 18:00 PM

Govt goes slow on $3b IMF loan offer

In a rare move, the government is not rushing into a $3-billion loan offer from the International Monetary Fund (IMF) as Bangladesh has received a huge amount of budget support from multilateral lenders to fight the impacts of the coronavirus pandemic.
18 October 2021, 18:00 PM

HC forms board to run Evaly

The High Court yesterday formed a five-member board to run Evaly in the absence of its incarcerated directors as the government forages to find a way to pay back the controversial e-commerce platform’s long line of creditors.
18 October 2021, 18:00 PM

Toyota to invest $3.4b on US automotive batteries

Toyota Motor Corp’s North American unit said Monday it will invest about $3.4 billion (380 billion yen) on US automotive battery development and production in the United States through 2030.
18 October 2021, 18:00 PM

Kamal seeks easy loans from IFC to develop private sector

Finance Minister AHM Mustafa Kamal has urged the International Finance Corporation (IFC) to extend easy loans for the development of the private sector in Bangladesh.
18 October 2021, 14:51 PM

Korean envoy pledged to strengthen his engagement with Chattogram

Korean Ambassador Lee Jang-keun reaffirmed his commitment to strengthen his engagement with Chattogram, which handles over 90 per cent of Bangladesh’s exports and imports and is home to the second largest number of Koreans in the south Asian country.
18 October 2021, 13:36 PM

Bangladesh can use Spanish knowhow to improve in agriculture: envoy

Spain holds the first position in producing agricultural products and in agro-processing business and Bangladesh can use the Spanish experience and technological knowhow to improve in this sector, Spanish Ambassador Francisco de Asís Benítez Salas said today.
18 October 2021, 12:32 PM