Govt to build tech park in Dhaka

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.
9 August 2023, 18:00 PM

A milestone towards a sustainable future

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.
9 August 2023, 18:00 PM

Boat market gets busy amid monsoons

The century-old boat market in Bhanga upazila of Faridpur is abuzz with buyers and sellers thanks to rising water levels in the Kumar river amid recent rains, but customer turnout is far less than before.
9 August 2023, 18:00 PM

EBL joins the fray to invest in digital bank

Eastern Bank Ltd (EBL) is going to invest Tk 12.5 crore to be a sponsor shareholder of a proposed digital bank, according to a decision of the board of the private bank taken yesterday.
9 August 2023, 18:00 PM

India may guarantee supply of 7 essentials

Bangladesh is hopeful of an Indian guarantee of a quota ensuring the year-round import of seven essential commodities as the neighbouring country has shown interest and bilateral negotiations are progressing for signing an associated agreement. 
9 August 2023, 18:00 PM

Fakir Knitwear to invest $45.8m at BSMSN

Fakir Knitwear Limited is set to invest about $45.82 million to set up a knit composite factory at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram.
9 August 2023, 18:00 PM

ICT Division to build technology park in Dhaka

The Tk 160 crore park will be established on a 0.47-acre land
9 August 2023, 13:04 PM

Most equipment remains unused for lack of knowhow

Although two years have passed since the Department of Livestock Services (DLS) supplied its field offices with modern agricultural machinery for distribution among local farmers, most of the equipment remains unused as officials and beneficiaries of the programme lack relevant training. 
9 August 2023, 05:00 AM

Bangladesh outraces rivals in apparel export growth in US

Bangladesh’s apparel exporters displayed the sharpest growth in the US in 2022, leaving behind their competitors in the countries such as China and Vietnam, owing mainly to the lingering tariff war between Washington and Beijing and capacity building.  
9 August 2023, 05:00 AM

BSFIC, bKash sign deal on farmers’ payment

Mobile financial service (MFS) provider bKash and Bangladesh Sugar and Food Industries Corporation (BSFIC) recently signed an agreement over payment services.
8 August 2023, 18:00 PM

City Bank to invest in digital bank

The City Bank Ltd is going to invest Tk 13.88 crore in a proposed digital bank as a sponsor shareholder. 
8 August 2023, 18:00 PM

SIBL, Nec Money Transfer enter into remittance deal

Social Islami Bank Ltd (SIBL) and Nec Money Transfer Ltd signed an agreement at the bank’s head office in Dhaka on Monday.
8 August 2023, 18:00 PM

Hazzaz new CCCI president

Omar Hazzaz, son of a local ruling party lawmaker, has been chosen as the president of the Chittagong Chamber of Commerce and Industry (CCCI) by its 24 directors who had won uncontested.
8 August 2023, 18:00 PM

AB Bank inks deal with Ami Probashi

AB Bank Ltd recently signed an agreement with Ami Probashi Ltd (APL), a government approved mobile app and web portal assisting Bangladeshi migrant workers in gaining employment abroad and completing migration related processes from the comfort of their homes.
8 August 2023, 18:00 PM

Hike in energy prices fails to improve supply

The perennial energy crisis of industries in Bangladesh remains unresolved even though energy prices have been hiked considerably to offset government subsidies in the sector and facilitate industrial productivity.
8 August 2023, 18:00 PM

BFIU holds workshop on money laundering

Bangladesh Financial Intelligence Unit (BFIU) organised a workshop styled “Prevention of Money Laundering & Combating Financing of Terrorism” for officials of all commercial banks working in Bandarban and Rangamati districts.
8 August 2023, 18:00 PM

BGMEA AGM held without discussion on election

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) held its 40th annual general meeting (AGM) yesterday, with no discussion taking place over the formation of an election board to elect its leaders for 2023-25. 
8 August 2023, 18:00 PM

Euro Pharma to produce medicines for Square

Square Pharmaceuticals PLC has struck a contract manufacturing agreement with Euro Pharma Ltd.
8 August 2023, 18:00 PM

DSE gets new MD

The Bangladesh Securities and Exchange Commission (BSEC) has approved ATM Tariquzzaman as managing director of the Dhaka Stock Exchange (DSE) for the next three years.
8 August 2023, 18:00 PM

DSE turnover drops to four-month low

Though the indices of the Dhaka Stock Exchange (DSE) rose today, its turnover dropped to below the Tk 400-crore mark, which is the lowest in the last four months.
8 August 2023, 18:00 PM