Hobbled by the impact of sanctions against founding shareholder Russia, the New Development Bank (NDB) set up by the BRICS countries needs to increase its local currency fundraising and lending, South Africa’s finance minister told Reuters.

Establishing a competitive tax framework is essential for Bangladesh to attract a higher level of foreign direct investment (FDI), said a number of experts and investors.

In 2020, a cyber-criminal managed to take over the Twitter accounts of several high-profile individuals and companies, including Elon Musk, Joe Biden and Apple. The accounts were used to post a Bitcoin scam, promising followers they would receive double their money back if they sent Bitcoin to a specific address.

Kancha Golla, a popular sweet item made in the northwestern district of Natore, has secured recognition as a product with geographical indication (GI) from the Department of Patent, Industrial Design and Trade Mark (DPDT).

More than 50,000 industrial materials, components and services are on display at the three-day International Advanced Components and Technology Expo-2023, which began in Dhaka yesterday.

The second meeting of the board set up to revise the minimum wage for more than four million garment workers in Bangladesh ended yesterday without any specific decision.

Bangladesh’s debt-to-GDP ratio rose by around two percentage points to 32.55 percent in the third quarter of last fiscal year 2022-23, according to the latest quarterly debt bulletin of the finance ministry. 

The Bangladesh Financial Intelligence Unit (BFIU) will work with law enforcement agencies to tackle hundi, online gambling, betting, foreign currency and crypto trading, officials said yesterday.

NCC Bank Ltd approved 10 percent dividends, including 5 percent cash dividend, for the year that ended on December 31, 2022. 

Prime Bank Ltd and Carnival Internet, a fibre broadband internet service provider and a sister concern of Dotlines Bangladesh Ltd, recently signed an agreement on internet service.

Students, like previous years, can pay admission fees of class XI, technical and diploma for the 2023-24 session through bKash app conveniently.

People will get 14 days to give their opinion on the proposed cyber security law, Law Minister Anisul Huq said

The deadline for the “Installation of Single Point Mooring (SPM) with Double Line” project will be extended for the fourth time with the cost to be raised by around Tk 1,000 crore, or 15 percent, according to the Planning Commission.

Bangladesh’s economy has been growing at a striking rate in the last one decade on the back of low-paid workers in the manufacturing and service sectors but innovation has played insignificant role behind the development journey.

In a new business strategy, Biman Bangladesh Airlines has signed its first strategic code sharing agreement with Gulf Air to enhance travel connectivity, convenience, and accessibility for passengers traveling between Bangladesh and the Gulf region.

Miniso Bangladesh, a retail chain of Miniso in the country, will launch its 25th store in Sylhet through a franchise. 

Standard Bank Ltd has recently promoted an official to the post of deputy managing director (DMD). 

The price of eggs has gone up by as much as Tk 15 per dozen in retail markets, forcing consumers who are already overburdened with high inflation to spend more to avail the low-cost source of protein.

The ICT Division is building a technology park in the capital’s Karwan Bazar for Tk 160 crore as it looks to install business incubation centres at universities and collaborate with industry and academia with the infrastructure.

Congratulations and a big round of applause are due to Bangladesh’s apparel makers for bringing glory to the nation by reaching a new milestone of having 200 globally certified green factories.