Commerce secretaries to meet next month

A meeting between the commerce secretaries of Bangladesh and India is likely to be held in Dhaka next month to review the progress towards signing a comprehensive economic partnership agreement (Cepa) to increase bilateral trade and investment.
10 July 2023, 18:00 PM

FBCCI’s ‘Smart Bangladesh’ confce on July 15

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is going to organise a conference focusing on the private sector’s role in building “Smart Bangladesh”, said the apex trade body yesterday. 
10 July 2023, 18:00 PM

Why efficiency should have a starring role in energy transition

The Japanese business philosophy of “kaizen” – literally, change (kai) for the good (zen) – advocates for a slow but consistent approach to change. A modification here, an innovation there, and continuous improvements will be gradually achieved.
10 July 2023, 18:00 PM

Monthly mobile top-up thru MFS tops Tk 1,000cr for first time

Customers are increasingly opting for mobile financial services to top up balances, helping mobile carriers earn more than Tk 1,000 crore a month for the first time from the sales processed through MFS providers. 
10 July 2023, 00:50 AM

Milling machine leveraging mung dal farmers

The availability of a simple electricity-run milling machine is helping farmers in Patuakhali double their earnings from a legume crop.  
10 July 2023, 00:40 AM

Ceramics export rises to four-year high in FY23

Bangladesh’s exports of ceramic products rose to a four-year high in the just-concluded fiscal year although the growth slowed as manufacturers failed to deliver products on time owing to the shortage of gas, official figures showed. 
10 July 2023, 00:30 AM

Farmers allege difficulties in availing after-sales services

Farmers in Bangladesh are struggling to make the most of a government project that aims to expand farm mechanisation as they face difficulties in availing after-sales services, among other issues, according to a report by the Implementation Monitoring and Evaluation Division (IMED).
10 July 2023, 00:20 AM

ShareTrip, Bangladesh Monitor ink MoU

Online travel agency ShareTrip recently signed a memorandum of understanding (MoU) with The Bangladesh Monitor, a travel trade publication of the country, on title sponsorship of the “Monitor Airline of the Year 2023” awards.
9 July 2023, 18:00 PM

Pubali Bank organises training programme

Pubali Bank recently organised a training programme for its junior officers and junior officers (cash) at Pubali Bank Training Institute in Dhaka.
9 July 2023, 18:00 PM

Eastern Bank opens priority banking centre

Eastern Bank Ltd has opened a priority banking centre on Sonargaon Road at Bangla Motor in Dhaka.
9 July 2023, 18:00 PM

AB Bank approves 2% dividend

Shareholders of AB Bank in its 41st annual general meeting (AGM) approved a 2 per cent stock dividend for the year that ended on December 31, 2022.
9 July 2023, 18:00 PM

Southeast Bank holds business conference

Southeast Bank Ltd virtually organised the bank’s half-yearly “Business Conference-2023” yesterday.
9 July 2023, 18:00 PM

Islami Bank launches ‘smart banking’ campaign

Islami Bank Bangladesh Ltd yesterday launched a monthlong campaign titled “Smart Bangladesh Smart Banking’” with the slogan “Future is Now”.
9 July 2023, 18:00 PM

Scrap import duty hike on lifts, escalators

Businesses in Chattogram yesterday demanded the withdrawal of a 10 per cent hike in the import duty on lifts and escalators in order to keep their prices stable and thereby prevent local suppliers from incurring loss.
9 July 2023, 18:00 PM

India to hold trade deal talks with European nations

India’s trade minister will hold talks in the UK on a free trade deal with Britain and meet ministers from the European Free Trade Association from July 10 to 11, the Ministry of Commerce and Industry said on Sunday.
9 July 2023, 18:00 PM

Will take long to recover losses from wide gap in USD buying-selling rate

Exporters will struggle many months before they overcome from the losses they had suffered for buying the US dollar at a much higher rate to clear import bills for the raw materials to make goods for western markets, said manufacturers yesterday.
9 July 2023, 18:00 PM

Indo-Bangla trade in rupee to benefit Bangladesh: MCCI

The introduction of the Indian currency in settling transactions of bilateral commerce will cut Bangladesh’s reliance on the US dollar and deepen two-way trade, said a top chamber yesterday.  
9 July 2023, 01:30 AM

Trade in rupee to save at least Tk 1 per dollar: EBL CEO

Trade settlement in rupee between India and Bangladesh would reduce pressure on US dollars and save at least Tk 1 on the exchange cost of each greenback, said Ali Reza Iftekhar, managing director and CEO of Eastern Bank Ltd (EBL).
9 July 2023, 01:20 AM

Strong industry-academia linkage will plug skills gap

Around $8 billion to $10 billion is remitted from Bangladesh each year as salaries paid to foreign workers in absence of skilled manpower resulting from the lack of a quality education system in the country.
8 July 2023, 18:00 PM

Social Islami Bank holds business conference

Social Islami Bank organised a daylong half-yearly “Business Conference-2023”.
8 July 2023, 18:00 PM