Loan recovery by non-bank financial institutions (NBFIs) dropped in the January-March period as businesses are facing the detrimental effect of a challenging business scenario amid the devaluation of the local currency and electricity shortages.

Mobile financial service provider Nagad in partnership with Grameenphone has launched a campaign styled “Ek Takar”, which offers cashback to further encourage digital transactions among people.

Sonali Bank and Islami Bank Bangladesh have signed a deal enabling customers of the latter’s digital wallet service “Cellfin” and mobile financial service “mCash” to pay fees and charges through the former’s payment gateway services. 

Sena Kalyan Sangstha and Apollo Hospitals Enterprise Limited, India have signed a memorandum of understanding enabling healthcare discounts for the former’s current and former staff alongside retired armed forces personnel and their dependents.

The Ayurvedia Pharmacy (Dacca) Ltd (AP) will invest $7.18 million on a three-acre land inside Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram.

The government is going to appoint a company at a cost of Tk 17.5 crore to give smart cards to one crore poor families so that they can buy various essential commodities at subsidised rates from the Trading Corporation of Bangladesh (TCB).

Unilever Bangladesh Limited (UBL) yesterday signed a memorandum of understanding (MoU) with Chattogram City Corporation (CCC) and Young Power in Social Action (YPSA) for improved plastic circularity under CCC.

Over the past 20 years, Bangladesh has suffered about $3.72 billion in economic losses due to climate change, according to an analyst.

The turnover at the Chittagong Stock Exchange (CSE) crossed the Tk 300-crore mark yesterday just a day after posting the highest ever turnover in the history of the port city bourse.

While struggling to find the English for “Hujuge Bangali” I decided that its essence gets somewhat lost in any other language, so I gave up. In the 80s, there was a mushrooming growth of small-size textiles, followed by a boom in the garments industry.    

Although grocers started selling sugar at a rate higher than that fixed by the government in tune with demands made earlier by refiners and millers, the commerce minister yesterday said the price would be set after Eid-ul-Azha.

The new income tax law of Bangladesh came into effect yesterday, ending a nearly 40-year era of the old ordinance issued in 1984. 

The robust growth in garment export has not been reflected in employment creation in the sector, according to an expert. 

The National Board of Revenue says

Swiss embassy's Bangladesh Microinsurance Market Development Programme finds

It will produce foodstuffs, ayurvedic healthcare, personal care products

The turnover even hit record Tk 530 crore on Jun 21

Infrastructure Investment Facilitation Company will help digitise the cards

The DSEX, the benchmark index of the premier bourse in Bangladesh, gained 16 points, or 0.25 per cent, to 6,327 at 11:28 am.

Ricardo Jr Portabella, executive director and chairman of Finova Group, talked about his visit to Bangladesh and its investment plans in the country during an exclusive interview with The Daily Star. He also shed light on Finova’s background, services, and unique investment approach.