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

Brac Bank gets go-ahead to raise authorised capital

Brac Bank Limited has received permission from the central bank to raise its authorised capital from Tk 2,000 crore to Tk 5,000 crore.
8 August 2023, 18:00 PM

Defences against bank risks

Banks are an essential part of a nation’s economy. They facilitate the flow of funds from surplus units (depositors) to deficit units (borrowers) to fuel the growth of the economy.
8 August 2023, 18:00 PM

Nippon Paint eyes top spot in Bangladesh’s paint market

Nippon Paint Bangladesh, a concern of Nippon Paint Holdings of Japan, has drawn up a strategy to be a leader in the growing paints and coatings industry in Bangladesh, said a top official.  
8 August 2023, 18:00 PM

Bangladesh hits milestone of 200 green factories

Bangladesh’s garment industry has touched a new milestone after two more factories received the certification from the United States Green Building Council (USGBC) for their green initiatives, raising the total to 200.
8 August 2023, 18:00 PM

Visa opens office in Dhaka

Visa, the American multinational financial services corporation, recently opened an office in Dhaka as part of its “strategic expansion in South Asia”.
8 August 2023, 18:00 PM

Most MFS operators struggle in a booming market

In 2011 when mobile financial service (MFS) was introduced in Bangladesh, 27 banks took the approval from the central bank as many had correctly predicted an impending boom in mobile banking amid rising usage of cell phones. 
8 August 2023, 00:00 AM

Guava season aiding economic growth in south

With the guava season now in full swing, farmers and traders in southern Bangladesh are busy harvesting and selling the fruit from various orchards in the region.
8 August 2023, 00:00 AM

Factories at API park still unable to start production

Makers of active pharmaceutical ingredients (API) at the API Industrial Park in Gazaria of Munshiganj have fallen into uncertainty as bureaucratic complexities and the lack of gas connections are preventing them from starting production.
8 August 2023, 00:00 AM

DSE trade settlement disrupted for tech glitch

Trade settlement in Dhaka Stock Exchange was disrupted for about six hours on Sunday due to a technical glitch.
7 August 2023, 18:00 PM

Rains drown sales at Chaktai-Khatunganj market

The situation has worsened for traders of the Chaktai-Khatunganj wholesale market yesterday as incessant rains for the past couple of days in Chattogram have left most of it inundated, resulting in a 60 percent to 70 percent fall in trade. 
7 August 2023, 18:00 PM

EBL launches credit card for women entrepreneurs

Eastern Bank Ltd launched an EBL women signature credit card during a panel discussion styled “Women in Start-up: A Journey towards Smart Bangladesh” at the bank’s head office in Dhaka yesterday.
7 August 2023, 18:00 PM

Prime Bank, Bida sign MoU

Prime Bank Ltd recently signed a memorandum of understanding (MoU) with Bangladesh Investment Development Authority (Bida) to provide one stop banking service to foreign investors.
7 August 2023, 18:00 PM

Midland Bank, Placid NK to offer remittance services

Midland Bank Ltd recently signed an agreement with Placid NK Corporation, a global money transfer company, to establish remittance drawing arrangements fostering seamless and secure cross-border fund transfers.
7 August 2023, 18:00 PM

Will AI be an economic blessing or curse?

If medieval advances in the plough didn’t lift Europe’s peasants out of poverty, it was largely because their rulers took the wealth generated by the new gains in output and used it to build cathedrals instead.
7 August 2023, 18:00 PM

How senior management build ethical organisations

In my last article, I highlighted how boards set the “tone at the top” towards building an ethical organisation. Taking this cue, senior management, which includes the CEO, must find ways to shape ethical organisations where everyone is encouraged to do the right thing (even when no one is watching).
7 August 2023, 18:00 PM

12 companies to get Bangabandhu industrial award

The government has published the names of 12 companies that have been selected for the Bangabandhu Sheikh Mujib Industrial Award-2022 for their contribution to the economy.
7 August 2023, 18:00 PM

Why meat prices rising despite surplus production

While the Department of Livestock Services (DLS) estimates a surplus of meat production in the country, prices of all – be it chicken meat, mutton or beef -- have risen, raising questions about the authenticity of production and demand estimates. 
7 August 2023, 18:00 PM

Biman to resume Dhaka-Guangzhou flights

Biman Bangladesh Airlines is going to resume direct flights from Dhaka to China’s Guangzhou from September 14. 
7 August 2023, 18:00 PM