Banks and non-bank financial institutions should change their attitude towards lending to small and medium enterprises (SMEs) and ease access to finance, Industries Minister Nurul Majid Mahmud Humayun said yesterday.

The garment makers want a ban on clothing wastage export

One can be a bank director five years after retirement or contract

Claim settlement rises 26% year-on-year

It came down to $1.59 billion from last year August's $2.03 billion

Teetering on the verge of a crisis, Jamuna Life Insurance Company Limited has been prescribed some remedies by the insurance regulator, including preparation of a business action plan at the earliest for the next three years. 

A new tea auction centre began operations in Bangladesh’s northwest bordering district of Panchagarh yesterday, making it the third establishment of its kind following the country’s first in Chattogram and the second in Sreemangal.

Almost all major foreign currencies like the European Union’s euro, British pound sterling, Chinese renminbi, Japanese yen and Indian rupee are following in the footsteps of the US dollar in becoming stronger against the local currency. 

The construction materials industry of Bangladesh has registered massive growth over the past decade as some mega projects are providing ample opportunity for capacity building and ensuring world-class products, according to industry insiders.

Meghna Bank has recently launched a toll-free call centre (short code) in a bid to bring banking services closer to its customers.

Dhaka Mercantile Co-Operative Bank Ltd has recently been awarded “The Bizz Europe Award 2023” by a US-based organisation The World Confederation of Business (Worldcob) for its excellent performance in the business sector, especially microcredit in Bangladesh.

Islami Bank Bangladesh PLC recently organised a discussion meeting on “Compliance of Shariah in Banking Operations” for its clients at Islami Bank Tower in Dhaka. 

Bank Asia Limited has launched a “Swift Go” service through JPMorgan Chase Bank, NA to facilitate low value (up to $10,000) cross-border payments for small and medium enterprises.

I became a management committee (mancom) member of an Australian bank quite early. My climbing to the top role in the local office of a leading USA-based bank was also relatively early. In those days, a CEO was kind of a CEO, no matter whether you drive change or not. Almost always the boss’s man and focusing on upward management. 

The opening of an elevated expressway in Dhaka yesterday will save time and money from now on, enabling businesses to enhance their competitiveness and boost exports, said exporters yesterday. 

Japan’s factory activity shrank for a third straight month in August, a survey showed on Friday, as manufacturers were squeezed by cost pressures from raw material inflation and rising wages.

Analysts and economists yesterday recommended ensuring environmental, social and corporate governance (ESG), technological advancement and ethics in every stage of development activities to attain its sustainability. 

United Commercial Bank (UCB) recently organised a daylong skills development training in Barishal under its Agro CSR Project-2023.

Professor Wahiduddin Mahmud says at ERF event

Land minister says at Dhaka Chamber's event