Bot Business

None communicated yet regarding ACU payment restriction: BB

The Bangladesh Bank (BB) is yet to receive any official communication neither from the US authorities nor from the Asian Clearing Union (ACU) regarding restriction on processing payments linked to the ACU.
26 September 2023, 14:09 PM

Kremlin says no positive prospects for Black Sea grain deal renewal

The Russian side has clearly fulfilled its obligations and the mechanism created is still functioning.
15 June 2023, 15:16 PM

Relaxy raises pre-seed funding from Sajida Foundation

With the investment from Sajida Foundation, Relaxy can expand its reach and impact, bringing its personalised psychosocial and well-being support services to more people,
20 April 2023, 14:11 PM

First ever 10-metre draught vessel enters Ctg port

The Chattogram port today berthed first ever vessel with 10-metre draught and 200 metres in length at a jetty, a big achievement for the port as such ships will fuel import and export of cargo and cut cost.
15 January 2023, 16:21 PM

'Congenial ecosystem needed for startups to thrive'

Startups are doing relatively well in Bangladesh but their success rate is not quite satisfactory owing to problems from a lack of access to finance to age-old valuation process to a dearth of private equity and incubation, said speakers and industry people today.
29 October 2022, 12:37 PM

Enhance workforce efficiency to implement Delta Plan: analysts

Physical infrastructure needs to be built and the capacity and efficiency of the workforce should be enhanced to implement the Delta Plan the government has taken for economic growth and climate resilience, analysts said today.
6 August 2022, 14:14 PM

Stimulus For Small Businesses, Farmers: Public agencies fail to disburse whole fund

Government and semi-government agencies failed to disburse the entire Tk 570 crore earmarked for the pandemic-hit small traders, entrepreneurs and farmers for the last fiscal year under a stimulus package.
10 July 2021, 18:00 PM

Defaulted Loans: Cash recovery nosedives

Cash recovery from defaulted loans declined sharply in the first quarter of this year as business activities of the beleaguered clients in Bangladesh worsened due to the economic hardship stemming from the Covid-19 pandemic.
10 July 2021, 18:00 PM

A leg-up for tanners

The government yesterday permitted five local tanneries to export wet blue leather for one year as a measure to create a demand for rawhide in the domestic market during Eid-ul-Azha, the peak season for the availability of leather.
10 July 2021, 18:00 PM

Cattle farmers on edge as Eid sales nowhere in sight

Alam Hossain took to rearing about 100 cattle at his farm in Bakalipara village under Chirirbandar upazila of Dinajpur in spite of the emergence of the coronavirus pandemic last year hoping to become self-reliant.
10 July 2021, 18:00 PM

Amazon to let Whole Foods shoppers pay with a swipe of palm

Amazon said it is rolling out biometric technology at its Whole Foods stores around Seattle starting on Wednesday, letting shoppers pay for items with a scan of their palm.
21 April 2021, 18:00 PM

EU poised to unveil green-friendly investment list

The European Commission will next week present the first part of a “green taxonomy” list of energy sources and technology to be labelled as sustainable investments, but a question mark hangs over the inclusion of natural gas.
17 April 2021, 18:00 PM

US Justice Department probing Visa over debit practices

The Justice Department is looking at Visa Inc’s debit practices, the company said on Friday, after reports the United States was investigating whether the credit card company uses anticompetitive practices in the debit-card market.
20 March 2021, 18:00 PM

Govt takes Tk 438cr project to cultivate fallow lands

The government has taken on a Tk 438 crore project to cultivate fallow lands across the country, according to Agriculture Minister Muhammad Abdur Razzaque.
13 March 2021, 18:00 PM

Shell to invest $5-6b annually in green energy

Anglo-Dutch oil giant Shell will invest up to $6 billion (4.9 billion euros) per year in green energy after its oil output peaked in 2019, the group said Thursday.
11 February 2021, 18:00 PM

Samsung’s Jay Y Lee on cusp of stepping out of father’s shadow

For years, legal troubles have cast a cloud over Samsung Electronics Vice Chairman Jay Y. Lee as he stood on the cusp of stepping out of his father’s shadow and making a name for himself as the leader of the global tech giant.
17 January 2021, 18:00 PM