Bangladesh needs better cost competitiveness and less complexities in its taxation and foreign exchange policies to boost exports to Japan while also attracting more investment from the country, according to experts.

Nagad Ltd, the operator of the mobile financial service of the Bangladesh Post Office, saw its accumulated loss rise to Tk 625 crore at the end of the financial year of 2022. 

The 18th edition of the international tourism fair, styled “Air Astra Dhaka Travel Mart”, saw overall transactions that exceeded Tk 10 crore, according to organisers of the fair.

Apple’s authorised reseller Gadget & Gear (G&G) in partnership with Standard Chartered Bangladesh yesterday announced the opening of its first-ever Apple experience store, Gadget Studio by G&G.

The British government on Friday unveiled a new £1 billion semiconductor strategy to invest in infrastructure, research and security as the UK tries to diversify its chip supply chain.

United Commercial Bank Ltd and IFIC Bank PLC have received consent from the Bangladesh Securities and Exchange Commission (BSEC) to declare stock dividends for the year that ended on December 31.

The store is located at bti Landmark in Gulshan

Senior commerce secretary says after meeting with USTR

Agriculture minister says

UCB said the commission has accorded its consent for the bank's declaration of 5 per cent stock dividend for 2022. IFIC said it has received the regulatory permission to raise its paid-up capital by issuing a 2.50 per cent stock dividend for the last financial year.

US industrial giant General Electric has been doing business in Bangladesh since 1970 and plans to go for bigger investments to tap immense business potential as demand for electricity is on the rise in the country. Jeffrey Goldmeer, global hydrogen value chain leader for GE Power, talked about his company’s journey in Bangladesh, current business, and future plans during an interview with The Daily Star in Dhaka recently.

The telecom regulator is set to introduce fixed maximum tariff rates for mobile data packages with the aim of ensuring simple and affordable connectivity services for consumers.

The private investment-to-GDP ratio in Bangladesh declined in the current fiscal year owing to a lower confidence among investors amid the persisting dollar crisis and global uncertainty, higher inflation and a fall in demand for goods in international markets.

In this rapidly evolving digital landscape, the banking industry is undergoing a significant transformation. With the goal of staying competitive and enhancing customer experiences, banks are modernising their operations and customer service through the implementation of cutting-edge technologies. 

The government is going to honour 44 businesspersons with the commercially important person (CIP) status for their contribution to the country’s overall economy in 2021.

Islami Bank Bangladesh Ltd (IBBL) retained its top spot as the biggest remittance collector as it brought home the highest amount of funds sent home by migrant workers in January-March of 2023, official figures showed.

The provision of minimum tax is detrimental to businesses as many companies are forced to bear it even though their actual payable tax is less than their respective minimum tax, said a top official of Crown Cement PLC. 

While policymakers claim that inequality is a by-product of development, economists say it is caused by the centralisation of political power. 

The third tea auction centre in Bangladesh will likely begin operations in Panchagarh, the northwest bordering district, next month after Chattogram and Sylhet’s Sreemangal.

Industries minister says at event to observe World Metrology Day