Banglalink investing heavily in Ctg

Veon has achieved double-digit growth in Bangladesh and the parent company of Banglalink is now investing heavily in its network in key regions, including Chattogram, to maintain the growth, Veon Group CEO Kaan Terzioglu said yesterday.
16 October 2022, 18:00 PM

‘Made in Bangladesh Week’ to enhance garment exports

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) aims to brighten the country’s image and increase its apparel exports by hosting the first “Made in Bangladesh Week” from November 12, according to a top official of the organisation.
16 October 2022, 18:00 PM

Dhaka Bank inks issuing bank deal with Exim Bank of India

Dhaka Bank signed an issuing bank agreement with Exim Bank of India under the latter’s Trade Assistance Programme in Dhaka yesterday.
16 October 2022, 18:00 PM

Brac Bank conducts fire-safety drill

Brac Bank in collaboration with the Department of Fire Service and Civil Defence conducted a fire-safety and emergency evacuation drill at the bank’s head office in Dhaka as part of its continuous effort to ensure workplace safety and security for its people.
16 October 2022, 18:00 PM

Prime Bank’s training on money laundering awareness

Prime Bank organised a daylong training and awareness programme on “prevention of money laundering and terrorist financing” at The Daily Star Centre in Dhaka on Saturday.
16 October 2022, 18:00 PM

FBCCI urges Brunei to invest in Bangladesh

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday called upon a visiting delegation from Brunei to consider Bangladesh as their next trade and investment destination. 
16 October 2022, 18:00 PM

TCB’s commodity sale to one crore people begins today

State-run Trading Corporation of Bangladesh (TCB) is going to sell essential commodities at subsidised rates from today.
16 October 2022, 18:00 PM

Stocks slip further amid selling spree

Stocks in Bangladesh continued to decline yesterday as panic-stricken investors carried on with their selling spree, according to experts.
16 October 2022, 18:00 PM

LafargeHolcim posts higher profit in Jul-Sep quarter

LafargeHolcim Bangladesh Limited’s profit rose 21 per cent year-on-year to Tk 113.81 crore in the third quarter of 2022. 
16 October 2022, 18:00 PM

Urea stock enough, no possibility of shortage

Bangladesh has 7.37 lakh tonnes of fertiliser in stock right now and the country will face no shortage of it in the coming months, Bangladesh Chemical Industries Corporation (BCIC) Chairman Shah Md Imdadul Haque yesterday.
16 October 2022, 18:00 PM

Half of SMEs pay bribe for essential services: study

More than half of the small industries in Bangladesh have to pay bribes for obtaining essential services, including availing and renewing licences, using public utilities such as gas and power, obtaining a tax identification number, and value-added tax certificates, according to a study.
16 October 2022, 18:00 PM

‘52% SMEs pay bribe to get essential services’

Around 52 per cent of the small industries in Bangladesh have to pay bribes for obtaining essential services, including availing and renewing licences, using public utilities such as gas and power, obtaining a tax identification number, and value-added tax certificates, according to a study.
16 October 2022, 16:05 PM

Garment exports to EU rise 12%

Bangladesh’s garments exports to the European Union (EU) increased by 12.43 per cent year-on-year to $4.94 billion in the first three months of the ongoing fiscal, according to data from the Export Promotion Bureau (EPB).
16 October 2022, 15:50 PM

‘Made in Bangladesh Week’ to enhance garment exports: BGMEA

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) aims to brighten the country’s image and increase its apparel exports by hosting the first “Made in Bangladesh Week” from November 12, according to a top official of the organisation.
16 October 2022, 15:42 PM

Enough urea in stock, no possibility of shortage: BCIC chairman

Bangladesh has 7.37 lakh tonnes of fertiliser in stock right now and the country will face no shortage of it in the coming months, Bangladesh Chemical Industries Corporation Chairman Shah Md Imdadul Haque today.
16 October 2022, 15:33 PM

Banglalink investing heavily in Ctg: Veon Group CEO

Veon has achieved double-digit growth in Bangladesh and the parent company of Banglalink is now investing heavily in its network in key regions, including Chattogram, to maintain the growth, Veon Group CEO Kaan Terzioglu said today.
16 October 2022, 15:14 PM

‘Aspiration without values can cause rent-seeking, hooliganism’

Aspiration can lead people to development, but this can also encourage them to go for rent-seeking and hooliganism if the aspiration is not associated with values, eminent economist Professor Wahiduddin Mahmud said today.
16 October 2022, 13:40 PM

Stocks fall for second day

Stocks in Bangladesh fell for the second consecutive day today as investors continued to sell their shares amid growing worries over the looming economic recession.
16 October 2022, 10:43 AM

Perilla, a promising oilseed crop

Perilla frutescens, an exotic oilseed plant with numerous health benefits, has high export potential as there is considerable global demand for the crop, especially in China, Korea and Japan, according to experts.
16 October 2022, 03:20 AM

Govt to study labour market prospects in Eastern Europe

The government has undertaken an initiative to conduct research on exploring employment opportunities in countries of Eastern Europe against the backdrop of traditional labour markets in Gulf countries “getting squeezed”.
16 October 2022, 03:10 AM