Nagad booths in Gabtoli, Basila cattle markets

Mobile financial service provider Nagad has installed booths at the Gabtoli and Basila cattle markets in Dhaka offering safe and convenient cashless transactions for the purchase and sale of sacrificial animals. 
26 June 2023, 18:00 PM

34 Ctg women get online business skills training

A three-day training was recently organised to enhance the skills of 34 Chattogram-based women entrepreneurs at using online tools for business operations and making key financial decisions. 
26 June 2023, 18:00 PM

Marine Fisheries Assoc reelects president, secy gen

Bangladesh Marine Fisheries Association has reelected the president and secretary general of its 15-member Executive Committee for 2023-2025 at its Dhaka office on Sunday. 
26 June 2023, 18:00 PM

S&P Global cuts China growth forecast

S&P Global said it has cut its 2023 GDP growth forecast for China after May data showed a post-Covid recovery was faltering in the world’s second-largest economy.
26 June 2023, 18:00 PM

IFC lends $50m to Brac Bank for trade finance

The International Finance Corporation (IFC) is providing a $50 million loan to Brac Bank in order to support small and medium-sized enterprises to emerge from the lingering effects of the Covid-19 pandemic.
26 June 2023, 18:00 PM

The game of marketing for startups

Understanding the game of marketing is more important for a startup than for an enterprise that is already in a stable position. Still, we see top-rated companies are more engaged in marketing activities compared to startups.
26 June 2023, 18:00 PM

Govt scraps plan to impose 15% VAT on ball pen

The government has backtracked from its decision to impose 15 per cent value-added tax (VAT) on the production of ballpoint pens amid opposition from various quarters, including lawmakers.
26 June 2023, 18:00 PM

InterContinental owning company narrows losses

Bangladesh Services Limited, the owning company of InterContinental Dhaka and Bangabandhu International Conference Center, has incurred lower losses this fiscal year, thanks to a rise in room bookings and events following the pandemic. 
26 June 2023, 18:00 PM

Rubber growers dismayed by reduced prices

The disappointment among rubber growers in Bangladesh is mounting as prices of latex and rubber sheet are declining despite being import substitutes for key materials used in various industries.
26 June 2023, 00:40 AM

Sudan war deals fresh blow to jute goods exporters

The war in Sudan has dealt a fresh blow to Bangladesh’s jute goods exports which has been suffering from a downturn for the last two years. 
26 June 2023, 00:20 AM

Rumours push up stock prices despite poor dividend

Two companies -- Fine Foods and Khan Brothers PP Woven Bag Industries -- saw their stocks surge by around 50 per cent over the past month even though both firms had informed that there is no undisclosed reason for such a rise.
25 June 2023, 18:00 PM

180 get CIP status

The government yesterday bestowed 180 businesspeople with commercially important person (CIP) status for their contribution to the export of merchandise and services and the economy in 2021. 
25 June 2023, 18:00 PM

Duties on raw materials of sanitary pads should go

The government should withdraw customs duties slapped on the imports of raw materials used in making sanitary napkins as the penetration of the basic hygiene product is low in Bangladesh due to higher prices, said a top executive.
25 June 2023, 18:00 PM

Banks asked to ensure online services during Eid

Bangladesh Bank yesterday asked banks in the country to provide their clients with online and internet-based banking services round the clock during the upcoming Eid holidays.
25 June 2023, 18:00 PM

BB scheme for women entrepreneurs gets bigger

Bangladesh Bank yesterday increased the volume of the refinance scheme dedicated to women entrepreneurs with a view to facilitating female-led businesses.
25 June 2023, 18:00 PM

Rawhide prices to stay stable

As the government has increased the price of cured rawhides for the upcoming Eid-ul-Azha, there is no possibility that the prices will decrease like last year, according to a business leader.
25 June 2023, 18:00 PM

Inflation fight gets tougher

Inflation has started to subside from multi-decade highs almost everywhere, but the work of central banks is far from done, the Bank for International Settlements (BIS) said in its flagship economic report.
25 June 2023, 18:00 PM

Bonds: reliable source of capital and income

Nowadays, bonds are a widely discussed term in the investment fraternity. It is considered a good source of capital for issuers and a widely accepted tool for fixed-income groups around the globe. Bangladesh is not out of this league.
25 June 2023, 18:00 PM

Refinance scheme made bigger for female-run SMEs

BB raises the amount to Tk 3,000 crore from Tk 1,500 crore
25 June 2023, 13:29 PM

Bangabazar missing typical rush ahead of Eid

Traders at the Bangabazar Shopping Complex, one of the largest clothing retail and wholesale hubs in Bangladesh, are typically busy buying and selling products ahead of Eid-ul-Azha each year.
25 June 2023, 03:00 AM