Oil refiners in Bangladesh have welcomed the government’s specific duty proposed in the budget for the next fiscal year on the imports of crude oil.

bKash CEO Kamal Quadir has been named as one of the global high-impact leaders in finance by Washington-based nonprofit organisation Aspen Institute.

The first-ever Commonwealth Trade and Investment Forum will be held in Dhaka on September 13-14 aiming to foster partnerships, promote innovation and explore avenues for sustainable and inclusive economic development for Bangladesh. 

Accreditation is an important tool to enhance exports and plays a key role in ensuring product quality and standards in international destinations, speakers said at a discussion yesterday.

Eastern Bank Limited (EBL) yesterday launched “EBL Super Saver”, a new service for individual account holders. 

MetLife Bangladesh has come up with an additional life insurance coverage of up to Tk 50,000 free of charge for its customers for travelling within Bangladesh during the upcoming Eid-ul Azha.

Bank Asia Limited has recently signed an agreement with AIW Works India, a cutting-edge technology company specialising in AI-based hyper-automation solutions for financial institutions. 

Community Bank Bangladesh has won awards in three categories at Infosys Finacle Innovation Awards 2023. 

Bangladesh needs to maintain a GDP growth rate of over 8 per cent and increase its per capita income to around $13,000 in less than two decades to become a developed nation, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh (ICCB). 

The Bangladesh Bureau of Statistics (BBS) is expected to release its district-wise socioeconomic and demographic survey’s estimates with 195 indicators by the end of October this year, according to a high official of the planning ministry. 

About 45 per cent of life insurance policyholders in Bangladesh don’t pay premiums after the first year owing to a number of factors, including purchasing of higher value plans compared to their affordability and agents’ tendency to not provide all key information to potential customers, said the top regulator. 

Companies that enjoy tax exemptions will come under greater scrutiny in the coming days as the tax authority seeks to scan their transactions with associated enterprises in a bid to curb profit shifting and tax evasion. 

Cotton consumption in Bangladesh will grow in the marketing year of 2023-24 on the back of a rebound in work orders from international clothing retailers and brands, according to the United States Department of Agriculture (USDA).

Leading technology companies gathered for JCI smart Expo at the International Convention City Bashundhara in Dhaka yesterday as a high number of youths participate to foster the spirit of innovation to make Bangladesh a smart nation.

The Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association yesterday sought government assistance to upgrade to state-of-the-art facilities in Bangladesh. 

In an era defined by rapid technological advancements, the role of technology in the government sector is undergoing a profound transformation. Merging government and technology holds the promise of streamlining operations, enhancing citizen engagement, and ultimately transforming the way in which governments function.

Brac Bank Ltd has planned to double its business by 2025 with a view to catering banking services to people from all walks of life, said its managing director, Selim RF Hussain. 

US nationals were the top spenders through credit cards among all foreigners in Bangladesh, accounting for more than a quarter, or Tk 61.5 crore, of the amount spent by foreign nationals using the payment method in March.

The textile and garment sector, which earns the lion’s share of export proceeds, has been left neglected in the proposed budget, according to Shams Mahmud, a former president of the Dhaka Chamber of Commerce and Industry.

The Bangladesh International Aquaculture Seafood Show (BIASS) 2023 will begin on October 19 this year with the aim of promoting sustainable growth, innovation and international collaboration in the country’s aquaculture and seafood industries.