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TCB’s subsidised essentials sale for Sep begins

The state-run Trading Corporation of Bangladesh (TCB) yesterday started selling essential commodities at subsidised rates through “family cards”, aiming to reach one crore low-income families in September. 
11 September 2022, 18:00 PM

Brac Bank, DSHE ink MoU

Brac Bank signed a memorandum of understanding (MoU) with the Directorate of Secondary and Higher Education (DSHE) in Dhaka recently.
11 September 2022, 18:00 PM

Apex Tannery’s profits double

Apex Tannery Limited’s profit jumped more than 140 per cent to Tk 1.24 crore in the financial year that ended on June 30, 2022. 
11 September 2022, 18:00 PM

Shine Fashion workers getting dues from Bepza

The Bangladesh Export Processing Zones Authority (Bepza) has started paying due salaries and other benefits to the workers of Shine Fashion Company Ltd, a closed factory at Dhaka Export Processing Zone (DEPZ).
11 September 2022, 18:00 PM

Govt labs in eight divisions to test food quality

The government is set to install “food laboratories” in eight divisions across the country aiming to ensure hygienic and quality food in the market, said Food Minister Sadhan Chandra Majumder yesterday. 
11 September 2022, 18:00 PM

Bari, Intefa sign MoU

Bangladesh Agricultural Research Institute (Bari) and farm products producer Intefa signed a memorandum of understanding (MoU) on Saturday.
11 September 2022, 18:00 PM

Saifullah elected chairman of Standard Bank’s shariah panel

Muhammad Saifullah has been elected chairman of the shariah supervisory committee of Standard Bank at the 363rd meeting of the board recently.
11 September 2022, 18:00 PM

Zahidul joins Rakub as MD

Md Zahidul Haque joined Rajshahi Krishi Unnayan Bank (Rakub) as the managing director on September 7. 
11 September 2022, 18:00 PM

National Bank to raise $100m by issuing bonds

National Bank Ltd has decided to raise $100 million by issuing foreign currency-denominated subordinated bonds in order to strengthen its capital base under Basel Ill guidelines. 
11 September 2022, 18:00 PM

Abul Khayer Hiru fined for stock manipulation

Abul Khayer Hiru and his associates manipulated the stocks of BDCOM Online and One Bank to influence the stocks prices, according to the probes of Bangladesh Securities and Exchange Commission (BSEC).
11 September 2022, 17:08 PM

Exporters to get maximum Tk 99 per USD, remitters Tk 108

Banks in Bangladesh would offer a maximum of Tk 108 for remittances coming through the exchange houses and Tk 99 to the exporters in case of purchase of US dollars from them.
11 September 2022, 13:04 PM

TCB’s commodity sale to one crore people begins

State-run Trading Corporation of Bangladesh (TCB) started selling essential commodities today at subsidised rates to one crore family cardholders for September.
11 September 2022, 12:52 PM

Profit-taking sends stocks lower

Most shares on the Dhaka and Chattogram stock exchanges ended in red today as investors kept booking profits but are taking a wait-and-see approach while making new investments amid lingering uncertainty.
11 September 2022, 12:34 PM

Chattogram stocks open higher

Shares on the Chittagong Stock Exchange (CSE) opened higher today.
11 September 2022, 06:06 AM

Banks finally fix uniform rates for dollar

Banks yesterday fixed the buying and selling rates of the US dollar in order to contain the volatility in the foreign exchange market resulting from higher imports than export and remittances earnings. 
11 September 2022, 05:00 AM

Deal this year for Indian special economic zone

The Bangladesh Economic Zones Authority (Beza) plans to sign a commercial agreement with India by this year for establishing the Indian Special Economic Zone (ISEZ) as negotiations in this regard are almost complete.
11 September 2022, 03:20 AM

South Asia, Bangladesh talent factory

Unilever is operating in the South Asian markets of Sri Lanka, Pakistan, Bangladesh, India, and Nepal. And each of the markets, including Bangladesh, has talents who are very attractive. 
11 September 2022, 03:10 AM

Manipulation in stock market lives on despite surveillance

A common scenario in the domestic stock market is low performing stocks becoming the top gainers no matter how the market indices react.
11 September 2022, 02:50 AM

Internet users rise in July

The number of internet users in Bangladesh rose in July on the back of a spike in mobile data consumption as operators try to expand their network and improve the quality of 4G service. 
11 September 2022, 02:30 AM

BGMEA targets 10pc global market share by 2025

Local garment manufacturers have set a target to raise Bangladesh’s share in the global apparel market to 10 per cent by 2025 from below 7 per cent now by adding new products and entering new markets. 
11 September 2022, 02:10 AM