Digital transformation in banking

In this rapidly evolving digital landscape, the banking industry is undergoing a significant transformation. With the goal of staying competitive and enhancing customer experiences, banks are modernising their operations and customer service through the implementation of cutting-edge technologies. 
20 May 2023, 18:00 PM

44 to get CIP (industry) status

The government is going to honour 44 businesspersons with the commercially important person (CIP) status for their contribution to the country’s overall economy in 2021.
20 May 2023, 18:00 PM

Islami Bank remains top remittance collector

Islami Bank Bangladesh Ltd (IBBL) retained its top spot as the biggest remittance collector as it brought home the highest amount of funds sent home by migrant workers in January-March of 2023, official figures showed.
20 May 2023, 18:00 PM

‘Minimum tax provision discriminatory’

The provision of minimum tax is detrimental to businesses as many companies are forced to bear it even though their actual payable tax is less than their respective minimum tax, said a top official of Crown Cement PLC. 
20 May 2023, 18:00 PM

Tourism fair begins in Dhaka

Dhaka Travel Mart, a three-day international tourism fair, began at the Pan Pacific Sonargaon in Dhaka yesterday.
19 May 2023, 05:00 AM

Maize making its mark on farmers’ lives

In 1991, when Abul Kasem, a farmer of Hatibandha upazila in Lalmonirhat, a northwest bordering district, decided to cultivate maize, he was one of the few growers in his area.
19 May 2023, 03:00 AM

Refunds by e-commerce firms going slow

More than Tk 160 crore owed by a number of e-commerce companies in Bangladesh for breaching the escrow system is still stuck in payment gateways, according to commerce ministry documents.
19 May 2023, 02:30 AM

Unquestioned amnesty to black money may not continue

Holders of black money in Bangladesh are unlikely to get the opportunity to legalise their undeclared wealth without facing any questions about the sources of their income in the next fiscal year, officials said. 
19 May 2023, 02:00 AM

Munshi seeks Uzbek investment in SEZs

Commerce Minister Tipu Munshi yesterday invited Uzbek businesses to invest in special economic zones (SEZs) and high-tech parks in Bangladesh to utilise the trade potential between the two countries.
18 May 2023, 18:00 PM

Eastland Insurance makes higher profit in Q1

Eastland Insurance Company Ltd made a Tk 3.1 crore profit in the first quarter of the current financial year, up about 5.5 per cent compared to a year earlier.
18 May 2023, 18:00 PM

Pace of digital progress making local law invalid!

Economists dub the lottery a stupidity tax because the odds of getting any payoff by investing in a lottery ticket are approximately equivalent to flushing the money down the toilet.
18 May 2023, 18:00 PM

80pc RMG workers feel need for training: BIDS survey

Over 80 per cent of manpower of garment factories in Bangladesh think they need more training to face challenges of the 4th industrial revolution, according to a survey of the Bangladesh Institute of Development Studies (BIDS). 
18 May 2023, 18:00 PM

1 Month extension raises project cost by 0.95 percentage points: study

1 month time extension raises project cost by 0.95 percentage points
18 May 2023, 18:00 PM

StanChart plants 2,500 saplings at Lalmai-Mainamati

Standard Chartered Bangladesh planted 2,500 saplings at Lalmai-Mainamati archaeological area of Cumilla recently in partnership with Tarupallab to preserve the heritage site and surrounding areas for future generations. 
18 May 2023, 18:00 PM

Experience event for Hyundai’s Creta Grand held

Produced at Hyundai’s manufacturing plant in Gazipur, family sport utility vehicle (SUV) Creta Grand is available at a competitive market price with warranty, buyback facilities and in different colours. 
18 May 2023, 18:00 PM

ABG Tech gets payment service licence

ABG Technologies Ltd has received a licence from the central bank to operate as a payment service provider in the country.    
18 May 2023, 18:00 PM

Idcol wins FinanceAsia Awards 2023

Infrastructure Development Company Limited (Idcol) won the “FinanceAsia Award 2023” in the “Best Sustainable Bank” category in Bangladesh.
18 May 2023, 18:00 PM

Provide more conducive work environment to women

Bangladesh is striving to achieve the sustainable development goals (SDGs) by 2023 and this includes ensuring gender equality in every aspect of life, according to speakers at a webinar.
18 May 2023, 18:00 PM

Govt to import 12,500 tonnes of refined sugar

The cabinet committee on government purchase yesterday approved a proposal to import 12,500 tonnes of refined sugar. 
18 May 2023, 05:00 AM

Import of manmade fibre surges amid rising demand

Imports of manmade fibre (MMF), such as polyester staple fibre (PSF) and viscose staple fibre (VSF), are surging in Bangladesh due to higher demand from local garment makers and exporters.
18 May 2023, 04:00 AM