Robots presented at an AI forum said on Friday they expected to increase in number and help solve global problems, and would not steal humans' jobs or rebel against us.

Islami Bank Bangladesh Ltd (IBBL) retained the top spot among the lenders bringing remittance to the country in the just-concluded fiscal year, data from the central bank showed.   

Bicycle exports from Bangladesh declined 15.31 per cent in the preceding fiscal year (FY) as demand fell amid the global cost-of-living crisis resulting from the ongoing Russia-Ukraine war.

Apparel exporters are anticipating that the next six months will be challenging for the garment industry in Bangladesh as they receive fewer work orders from international buyers amid inflationary pains and depressed customer sentiments.

More than 10 million people have signed up to Threads, Meta’s rival to Twitter, within the first few hours of its launch, the Facebook parent’s CEO Mark Zuckerberg said Thursday.

Retail sales of cars and bikes in India rose in June, an industry body said on Thursday, while also flagging “demand-supply mismatches” that likely caused some disruption.

Dhaka Bank recently won the title of “Best Corporate Bank in Bangladesh” at the Asiamoney Best Bank Awards 2023 for its contribution to garments, construction, consumer financing, and power sector.

Members of the Dhaka Chamber of Commerce and Industry (DCCI) can now enjoy online facilities for renewing the trade licence of their businesses registered with the Dhaka South City Corporation (DSCC).

The capital market orchestrated a upward movement last week as the benchmark index gained around 16 points due to higher participation of investors after the Eid-U-Azha holidays amid a mix movement of the macroeconomic indicators.

Incidentally, in the last few months, I had the privilege of spending time with a few top executive-level friends who shared their experiences of being victims of corporate politics. In most cases, their bosses used them as scapegoats to protect themselves.

The Bangladesh Small and Cottage Industries Corporation (BSCIC) has sent a proposal to the industries ministry for taking a project that will make the Central Effluent Treatment Plant (CETP) at the Savar Tannery Industrial Estate (STIE) fully functional.

Bangladesh’s foreign exchange reserves fell to $29.97 billion yesterday after the Bangladesh Bank cleared $1.09 billion of import bills through the Asian Clearing Union (ACU), an arrangement for settling payments for intra-regional transactions among eight countries, said a BB official.

Mutual Trust Bank Limited (MTB) recently appointed Rais Uddin Ahmad as its company secretary.

The banking sector is burdened by a high non-performing loan (NPL) and will need to continue measures to beef up supervision and accelerate loan recovery, according to the Bangladesh Bank.

The shareholders of Agrani Bank Limited have approved adopting the PLC suffix for the lender, Agrani Bank PLC, in the third special and extraordinary general meeting held at the bank’s head office in Dhaka yesterday.

The Investment Corporation of Bangladesh (ICB) has approved a loan of Tk 20 crore in favour of Prime Bank Investment Limited (PBIL), a merchant bank, from the “special fund for affected small investors of capital market” on a repayment basis.

Eastern Bank Ltd won the “Best Bank Guarantee Partner in Bangladesh 2022” award by a Chinese multinational technology company ZTE for providing quality services for the latter over the years.

Premier Bank Limited organised a half-yearly “Business Conference-2023” at Renaissance Dhaka Gulshan Hotel in the capital yesterday.

Under the ACU, Bangladesh clears import bills every two months and forex reserve usually falls after the payment.

The Investment Corporation of Bangladesh (ICB) has sanctioned a loan of Tk 20 crore in favour of Prime Bank Investment Limited (PBIL) from the “special fund for affected small investors of capital market” on a repayment basis.