Proper utilisation of the credit guarantee scheme is needed for the revival of cottage, micro, small and medium enterprises (CMSMEs), said Bangladesh Bank Deputy Governor Abu Farah Md Nasser yesterday. 

Major (Rtd.) Abdul Mannan, chairman of Sunman Group, sent a rejoinder to a report headlined “Scam-hit BIFC suffers losses for sixth straight year” published in The Daily Star on September 15, 2022.  

Enhancing knowledge on technology among people, the government and industry is essential to make a “Smart Bangladesh”, experts said yesterday.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is holding the country’s biggest-ever event in the apparel sector as it looks to raise the nation’s share in the global apparel market to double-digit in three years and earn $100 billion by 2030. 

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and MasterCard today launched co-branded credit cards for the BGMEA members and prepaid cards for more than 4.5 million garment workers.

State-run Palli Karma-Sahayak Foundation (PKSF) is going to celebrate its first PKSF day today with the slogan “Towards Development, with Equity”, reaffirming its efforts in alleviating poverty through employment generation since being established in 1990. 

The jewellers have decided to increase gold prices by Tk 2,333 per bhori from tomorrow.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and MasterCard today launched co-branded credit cards for the BGMEA members and prepaid cards for more than 4.5 million garment workers.

Shyam Sunder Sikder, chairman of Bangladesh Telecommunication Regulatory Commission (BTRC), today directed the telecom operators to provide people with proper ‘data without expiry’ packages.

A three-day long Bangladesh International Travel and Tourism Expo (BITTE) will start on December 1 to boost the country's tourism industry and showcase Bangladesh to global tourists.

Proper utilisation of the credit guarantee scheme is inevitable for the revival of cottage, micro, small and medium enterprises (CMSMEs), said Bangladesh Bank Deputy Governor Abu Farah Md Nasser today.

The country’s forex reserves should not be left intact, it has to be utilised, Prime Minister Sheikh Hasina has said.

Martin Raiser, the World Bank’s vice president for the South Asia Region, arrives in Dhaka tomorrow to discuss further reforms with the government for the support package sought to help Bangladesh tide over the period of global economic turmoil.

Pearl farming is providing a new road to success for people in Jhenaidah, where many youths have become allured to this form of aquaculture.

There is finally a ray of hope for reviving the now-defunct United Airways as Prime Minister Sheikh Hasina has given instructions to waive the huge amounts of surcharge the airline owes to the Civil Aviation Authority of Bangladesh (CAAB).

Nurseries across Bangladesh saw a massive drop in sales in the last four months due to the rising cost of living along with higher production costs and low rainfall.

The simple step that Bangladesh took in the apparel trade four and a half decades ago has proven to be a giant leap as the country has emerged as the second-largest garment exporter globally after China. 

The Bangladesh Bank is going to make public the gross and net foreign reserve figures separately on a regular basis in line with global practices, said officials. 

Most of the drug makers in Bangladesh posted lower profits in the January to June period of 2022 owing to the higher cost of raw materials driven by a continuous fall of the local currency against the US dollar. 

A money changer will be able to hold maximum cash of Tk 50 lakh per day in their vaults, said the Bangladesh Bank yesterday as it beefed up its efforts to tackle hundi.