Women’s employment in banks rises slightly

The rate of employment of women in Bangladesh’s banking sector has slightly increased to 16.3 per cent in June this year from 15.2 per cent four years earlier. 
11 October 2022, 02:20 AM

Growing economic tension batters stocks

Stocks in Bangladesh suffered a steep fall yesterday as worries about a slowdown in the economy deepened among investors amid continued stress in the forex market, the decline in export and remittance, higher inflation, and the escalating war in Ukraine.
11 October 2022, 02:10 AM

Bangladesh-Japan trade to cross $20b by 2030

Bilateral trade between Bangladesh and Japan will reach $20 billion by 2030 from more than $3 billion at present as apparel shipments to the far eastern country are rising fast, according to Ito Naoki, Japan’s ambassador to Bangladesh.
10 October 2022, 18:00 PM

Walton brings new models of refrigerators

Walton launched four new models of its premium series refrigerators in Dhaka on Sunday.
10 October 2022, 18:00 PM

City Bank launches Islamic savings through bKash app

City Bank in collaboration with bKash launched Shariah-based savings scheme “City Islamic DPS Savings” through bKash app in Dhaka on Monday.                                                                                                                                   
10 October 2022, 18:00 PM

HSBC introduces domestic foreign currency transaction through RTGS

The Hong Kong and Shanghai Banking Corporation (HSBC) along with Bangladesh Bank has initiated foreign currency (FCY) transaction solution through real-time gross settlement (RTGS) clearing of the central bank.
10 October 2022, 18:00 PM

Cross-check commodity prices for import

Bangladesh Bank yesterday asked banks to verify prices quoted by importers for commodities by cross-checking with what was prevailing in international markets. 
10 October 2022, 18:00 PM

Online shopping festival begins, offers discounts

An online shopping festival styled “10-10”, organised by 28 local e-commerce, logistics and payment service providers, began yesterday.
10 October 2022, 18:00 PM

Bangladesh has huge export potential in Kosovo: DCCI

Bangladeshi investors should invest more in Kosovo to expand the south Asian country’s export market in the landlocked nation, said Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI), yesterday.
10 October 2022, 18:00 PM

65 ISPs fined Tk 55 lakh for unapproved tariff

Bangladesh Telecommu-nication Regulatory Commission (BTRC) yesterday fined 65 internet service providers (ISPs) Tk 55 lakh for not taking approval of charges they had set for services. 
10 October 2022, 18:00 PM

Singer investing $78m in new plant

Singer Bangladesh is investing about $78 million to set up a new home appliance manufacturing plant inside the special economic zone in Narayanganj to expand local production of its products, according to company officials.
10 October 2022, 18:00 PM

No trading of govt securities on debut in bourses

No treasury bills and bonds were bought or sold on the stock exchanges in Bangladesh yesterday, their first trading day, because of a technical glitch. 
10 October 2022, 18:00 PM

Beza, Jetro to jointly disseminate investment info

Bangladesh Economic Zones Authority (Beza) and Japan External Trade Organization (Jetro) signed a memorandum of cooperation yesterday to recognise each other as complementary centres for dissemination and exchange of information relating to investment. 
10 October 2022, 18:00 PM

Pubali Bank on a tear

At the time of its denationalisation in 1984, Pubali Bank’s defaulted loans were more than 50 per cent owing to a lack of corporate governance. 
9 October 2022, 03:00 AM

Basic digital skills sought in 9 out of 10 jobseekers

Employers in Bangladesh required nine out of the last 10 jobseekers they hired in the past five years to possess at least basic digital literacy and skills, found an Asian Development Bank (ADB) and LinkedIn survey.  
9 October 2022, 02:50 AM

Labour migration may exceed pre-Covid levels

The growing number of people from Bangladesh registering for work overseas indicates that international migration from the country may soon surpass pre-pandemic levels, according to a recent report by the World Bank.
9 October 2022, 02:40 AM

Knitwear continues dominance in export

The knitwear segment has retained its position as the country’s biggest export earner in the readymade garment industry and among all the sectors of Bangladesh. 
9 October 2022, 02:10 AM

Meghna Bank brings collateral-free loan for SME

Meghna Bank has launched the “Meghna Unnoyon”, a collateral-free loan for cottage, micro and small entrepreneurs.
8 October 2022, 18:00 PM

Ensure sustainable fishing thru innovation: experts

Major challenges for sustainable marine fishing include the lack of proper monitoring and control while ensuring quality fish feed at reasonable prices is needed to develop aquaculture in the country, according to Dr Md Sharif Uddin, director (marine) of the Department of Fisheries (DoF). 
8 October 2022, 18:00 PM

Chery Automobile starts journey in Bangladesh

Chery Automobile Company Ltd, a partner of Jaguar Land Rover, started its operations in Bangladesh through Asian MotorspeX Ltd, a subsidiary of Asian Holdings.
8 October 2022, 18:00 PM