Although the number of mobile financial service (MFS) accounts has grown in Bangladesh, the ratio of accounts held by women is falling, which, analysts say, is not desirable as increased participation of female is necessary for digital financial inclusion and gender equality.

Many women entrepreneurs in Bangladesh need to be trained so that they can use modern technologies at ease with a view to helping their businesses tap their full potential, said speakers at a discussion yesterday.

Sheikh Bashir Uddin, former managing director of Akij Group, has begun a new journey in the name of Akij Bashir Group targeting to deliver products of impeccable quality, upholding the high standards associated with the legacy of the Akij name.

Women entrepreneurs are playing a vital role in keeping Bangladesh’s digital commerce segment buoyant using their skills and resilience, giving a much-needed fillip to a sector reeling under crisis because of plummeting sales, scams and unprecedented inflation. 

The increasing foreign debt will create problems for Bangladesh unless structural problems in the country’s financial sector are addressed, said economists at an inter-department dialogue at the University of Dhaka yesterday.

Robi’s flagship digital entrepreneurship contest r-ventures 3.0 concluded on March 5 with eight start-ups being given the promise of being provided investments of over Tk 8 crore in total.

Textiles and Jute Minister Golam Dastagir Gazi yesterday directed the Department of Jute to ensure the use of jute bags in packaging, saying that it was not happening in spite of the enactment of the Mandatory Jute Packaging Act 2010.  

The central bank has tightened rules so that exporters realise their export proceeds within the stipulated period, a move that may increase the supply of the US dollar in the foreign currency market.

Of late gender equity is no more just a populist idea. Rather, it is being considered as one of the critical strategic priorities for businesses.

Bangladesh Bank has given go-ahead to scheduled banks to impose interest on sick industries’ loan amount at the highest rate of their cost of fund.

SS Steel Limited’s profit declined by 97.10 per cent year-on-year in the first quarter of the current financial year because of a spike in the prices of raw materials caused by the unprecedented depreciation of the local currency against the US dollar.

Multinational corporations are propelling the country’s economic growth in many ways and their successes also give a boost to the confidence of potential investors, said experts yesterday.

Lankan Alliance Finance, a joint venture financial institution licensed by Bangladesh Bank with multinational collaboration, is going to make an initial public offering (IPO) with UCB Investment as the issue manager. 

Gemini Seafood Limited (GSFL) has signed a collaboration agreement with Lenk Frozen Foods (Asia) Co Ltd (LENK) to promote the best seafood practices, expand their global market presence, and improve backward linkage.

Oimex Electrode Limited suffered a loss of Tk 1.61 crore in the second quarter of the current financial year.

Sick industries have to apply to respective banks by June 30 to get the benefit

Eight start-ups to get Tk 8 crore investment

Speaker Shirin Sharmin Chaudhury says at AmCham’s luncheon meeting

The step may increase the supply of the US dollar in the forex market

PM’s Adviser Salman F Rahman says