Chinese company Kaixi Fashion Bangladesh Co Ltd plans to invest $6 million to establish a lingerie manufacturing industry in Dhaka Export Processing Zone.

Shirin Akhter has been appointed managing director  (current charge) of Bangladesh Krishi Bank in place of Md Ali Hossain Prodhania, who recently went into retirement. 

“MyGP app” has completed its 5 year journey enabling digital inclusion. 

Pressure is rising on Big Tech firms, signaling tougher regulation in Washington and elsewhere that could lead to the breakup of the largest platforms.

A former male employee of Chinese e-commerce giant Alibaba Group Holding Ltd is suspected of committing “forcible indecency” against a female colleague, but not rape, according to Chinese police probing the assault. 

Speakers at a seminar in the US called upon foreign investors and non-resident Bangladeshis (NRBs) to invest in Bangladesh.

Transactions through agent banking more than doubled to Tk 393,932 crore in the last fiscal year as the new window has taken financial services to the doorsteps of people.

Spending through credit cards hit an all-time high in June thanks to the acceleration of digital payments on e-commerce platforms amid the ongoing coronavirus pandemic.

Garment manufacturers no longer want to take delivery of import consignments from private inland container depots (ICDs) alleging it took up too much time while the charges were exorbitant.

Local garment manufacturers have demanded that the government ease conditions for importing yarn, cotton and fabrics as work orders were pouring in from international clothing retailers and brands.

Investor participation in the local stock market’s banking, non-bank financial institution (NBFI), and cement sectors soared last week while the insurance sector was lacklustre in attracting funds.

The capital base of the banking industry in Bangladesh is much weaker than its peer countries in South Asia, which indicates their fragile financial health and poor brand image in the outside world.

Naturally it was expected for the BSCIC to create a framework for commercial planning and training, production and marketing for weavers.

Garment makers have urged the government to ease the conditions for import of yarn, cotton and fabrics as an increased number of work orders are coming to Bangladesh from international retailers and brands.

Speakers at a seminar in the USA called upon foreign investors and non-resident Bangladeshis (NRBs) to invest in Bangladesh.

Brac Bank has been named one of the top 10 sustainable banks of Bangladesh based on its performance during the pandemic last year. 

Soybean oil consumption is growing faster than that of palm oil, buoyed by increasing preference among families to prepare foods.

The e-commerce sector needs a sound policy to ensure the credibility of all stakeholders and punish delinquent platforms, experts said yesterday, as online firms face a reputational crisis in the wake of questionable business practices by a few.

The government has suspended entertainment allowance and halved the honorarium for trainees and organisers of online in-house training amid the Covid-19 pandemic.

The stock market regulator has decided to extend loan facilities for investors to buy stocks when the index is at its historical highest level despite analysts’ criticism against loan-based investment in the stock market.