MCCI again seeks trade licence’s validity extension

The Metropolitan Chamber of Commerce and Industry (MCCI) has once again sought cooperation from the National Board of Revenue (NBR) to extend the validity of trade and other business relevant licences to three to five years from the current one year.
29 September 2022, 15:23 PM

Swiss firm to invest $6 million in Meghna economic zone

Sika Bangladesh, a subsidiary of Switzerland-based construction chemical manufacturer Sika Group, is investing $6 million setting up a 10,000-square metre factory in Meghna Industrial Economic Zone (Miez) in Sonargaon of Narayanganj.
29 September 2022, 14:57 PM

Sun may disrupt satellite’s TV broadcast for eight days

Television broadcasts of local channels could be disrupted for a total of 81 minutes from tomorrow to October 7 as the sun could be in direct line with Bangabandhu Satellite-1, disrupting the signal of the satellite.
29 September 2022, 14:30 PM

BB approval must for NBFIs to lend to subsidiaries, waive interests

The non-bank financial institutions (NBFIs) will have to take permission from the central bank to lend to their subsidiaries or associates and waive loans or interests.
29 September 2022, 13:19 PM

‘Bangladesh made moderate advancement in eliminating child labour’

Bangladesh made moderate advancement in efforts to eliminate the worst forms of child labour in 2021, the US Department of Labor said today.
29 September 2022, 13:10 PM

Meta includes Bangladesh in annual marketing summit

Meta, formerly known as the Facebook company, for the first time has expanded its annual marketing summit to Bangladesh, and the digital event was aired today.
29 September 2022, 12:41 PM

Loans to become costly as policy rates hiked by 25 basis points

Bangladesh Bank today hiked its key interest rate or policy rate by 25 basis points to 5.75 per cent with a view to containing the inflationary pressure.
29 September 2022, 12:28 PM

Leading towards a better tomorrow: the inspirational stories of Shehzad Munim

On the fourth episode of Preronar Kotha Season 03, we had the opportunity to speak to one such top executive from the corporate sector, considered a trailblazer in changing the perception about Bangladeshi leaders in business.
29 September 2022, 11:27 AM

Bashundhara’s ABG Ltd to become CSE’s strategic partner

The Bangladesh Securities and Exchange Commission (BSEC) has approved a proposal to appoint ABG Limited, a subsidiary of Bashundhara Group, as a strategic partner of the Chittagong Stock Exchange (CSE).
29 September 2022, 05:41 AM

Chattogram stocks up

The Chittagong Stock Exchange (CSE) rose in the morning session today.
29 September 2022, 05:14 AM

Dhaka stocks open higher

The Dhaka Stock Exchange (DSE) opened higher for the second consecutive day today.
29 September 2022, 05:09 AM

Wholesale, retail sectors yet to fully recover

Wholesale and retail establishments that saw their business crippled by Covid-19 may have enjoyed some recovery alongside the return to economic normalcy but the ongoing Russia-Ukraine war now threatens to offset their gains amid global inflationary pressure.
29 September 2022, 02:50 AM

Nearly five years on, govt supervision yet to come about

Bangladesh Ship Recycling Act, 2018 was enacted four and a half years ago but its implementation has stayed limited to just the formation of a board. 
29 September 2022, 02:40 AM

Economic growth momentum at risk for global volatility: BB

The economy faces multidimensional challenges as the volatile global scenario threatens to create an adverse situation for the growth momentum of Bangladesh, the central bank warned yesterday. 
29 September 2022, 02:10 AM

Walton approves 250pc dividend

The board of directors of Walton Hi-Tech Industries PLC approved 250 per cent cash dividend for the general shareholders and 150 per cent cash dividend for sponsors and directors for financial year 2021-2022.
28 September 2022, 18:00 PM

Garment exports to US surge

Garment exports to the US rose 54.43 per cent year-on-year in the January-July period to hit $5.71 billion as the demand for locally made garment items is growing among American consumers, according to data from the country’s Office of Textiles and Apparel (OTEXA).
28 September 2022, 18:00 PM

One Bank, CCULB Resort sign MoU

One Bank Ltd recently signed a memorandum of understanding (MoU) with CCULB Resort and Convention Hall for customer privilege.
28 September 2022, 18:00 PM

Brac Bank wins accolades in South Asian Business Excellence Awards

Brac Bank recently won five awards in five different categories in the South Asian Business Excellence Awards 2022 for its digital transformation, social and sustainable initiatives.
28 September 2022, 18:00 PM

Bourses end in black though most shares fall

The Dhaka and Chittagong stock exchanges rose marginally yesterday, snapping a three-day declining trend. 
28 September 2022, 18:00 PM

Access to short-term forex loans widens

The Bangladesh Bank yesterday raised the ceiling of the rate at which local clients secure finances from external sources through local banks after the benchmark rate hikes by the United States central bank made it difficult for them to access finances.  
28 September 2022, 18:00 PM