HSBC recognised as ‘market leader’ for best service by Euromoney

The Hongkong and Shanghai Banking Corporation (HSBC) has been voted “Market Leader in Bangladesh” for the 13th time and to have provided the “Best Service in Bangladesh” for 5 years in a row at a Euromoney Cash Management Survey 2022.
23 November 2022, 18:00 PM

JV appointed to develop depot area

The metro rail authorities yesterday appointed a Japan-Bangladesh joint venture firm to develop the depot area of the country’s first-ever underground metro rail, formally known as Mass Rapid Transit (MRT) Line-1. 
23 November 2022, 18:00 PM

Remittance transfer thru agent banks skyrockets

Agent banking outlets are emerging as a major channel for the distribution of remittance among families of migrant workers thanks to their expanding network at the rural level.
23 November 2022, 18:00 PM

Deal signed with Australian firm for mining cooperation

The Bangladesh Councl of Scientific and Industrial Research (BCSIR) and Everlast Minerals Limited (EML), an Australian mining company, yesterday signed a memorandum of understanding (MoU) on scientific and technological cooperation.
23 November 2022, 18:00 PM

5G to connect entire population: Jabbar

The 5G (fifth generation) mobile technology is going to play a very important role in changing almost everything in Bangladesh, including industry and education, and it will connect the whole population to very high-speed internet, said Telecom Minister Mustafa Jabbar yesterday.
23 November 2022, 18:00 PM

Tea industry advances but workers left behind

The tea industry in Bangladesh has made significant advancements but the tea workers still have to deal with several challenges concerning socioeconomic and human rights, and unfair wages, said speakers at a dialogue yesterday. 
23 November 2022, 18:00 PM

Number of people filing online tax return crosses 1 lakh

The number of people filing tax returns online crossed 100,000 yesterday amidst growing interest among taxpayers to comply with the rules and avoid the hassles of visiting tax offices, according to the National Board of Revenue (NBR) yesterday. 
23 November 2022, 18:00 PM

Diversify handicrafts for sustainability

The diversification of handicraft products and improving their quality are two crucial aspects to consider for making the industry a sustainable one, according to various businesspeople.
23 November 2022, 18:00 PM

Industries starting to flourish following Covid-19

Factories at the industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Jhenaidah are starting to flourish after being under threat of closure amid the pandemic years from 2019 to 2021.
23 November 2022, 04:00 AM

Stagnancy in mutual fund sector

All over the world, mutual funds are very popular investment options, which translate long-term savings into long-term investments.
23 November 2022, 03:30 AM

Powdered milk prices rise by Tk 50-110 per kg in one month

The prices of powdered milk have increased again by Tk 50 to Tk 110 per kilogramme (kg) in the last one month for rising prices in the international market, shortage of US dollars owing to depleting foreign currency reserves and complexities in opening letters of credit. 
23 November 2022, 03:00 AM

Growth in taxpayer registration slows

The National Board of Revenue (NBR) is witnessing slowing growth in the number of new taxpayers as the rule for compulsory tax return submission discourages many, officials say.
23 November 2022, 02:30 AM

Local denim retains dominance in US markets

Local denim has maintained its top position in the US markets despite the ongoing global crisis as the demand for garments made from the widely used fabric is soaring among American consumers.
23 November 2022, 02:00 AM

Rahima Food’s profit quadruples

Rahima Food Corporation Limited’s profit quadrupled in the last financial year as it returned to production.
22 November 2022, 18:00 PM

Ambee Pharma returns to profit

Ambee Pharmaceuticals Limited returned to profit in the financial year that ended on June 30.
22 November 2022, 18:00 PM

Bangladesh wins an award at South Asian Travel Awards 2022

Bangladesh won an award at a South Asian Travel Awards 2022 in the category of the “Emerging Destination Award-Visitors Choice” in the Maldives recently.
22 November 2022, 18:00 PM

Sonali Bank, BCPCL sign deal

Sonali Bank signed an agreement with Bangladesh-China Power Company (Pvt) Ltd (BCPCL) to hold and maintain the accounts of the bank centring the under-construction Payra 1,320MW thermal power plant project in Patuakhali with the financial assistance of lender the Export-Import Bank of China. 
22 November 2022, 18:00 PM

Prime Bank signs deal with Ananta Group

Prime Bank recently signed an agreement with Ananta Group to provide a digital nano financing solution to factory workers through a new app, “PrimeAgrim”. 
22 November 2022, 18:00 PM

Bangladesh’s investment roadshow in Europe from February 25

The Dutch-Bangla Chamber of Commerce and Industry (DBCCI) is going to organise a weeklong roadshow in three European Union (EU) countries from February 25 next year to attract foreign investment.
22 November 2022, 18:00 PM

Summit of women entrepreneurs kicks off in Dhaka today

The first ever two-day International Women Entrepreneurs’ Summit will begin in Dhaka today with the aim of encouraging businesswomen in Bangladesh.
22 November 2022, 18:00 PM