Govt getting ready for CEPA talks with India

Bangladesh has started the groundwork to begin negotiations for signing a Comprehensive Economic Partnership Agreement (CEPA) with India, as has been agreed upon by top leaders of both countries last month. 
4 October 2022, 02:50 AM

Ace Autos, Standard Chartered sign MoU

Ace Autos, an authorised distributor of Haval sport utility vehicles (SUV) in Bangladesh, has signed a memorandum of understanding (MoU) with Standard Chartered Bank to provide auto loans at only 7.99 per cent interest per annum and 0.5 per cent processing fee in the purchase of Haval SUVs.
3 October 2022, 18:00 PM

Mosleh Uddin joins Shahjalal Islami Bank as MD

Mosleh Uddin Ahmed joined Shahjalal Islami Bank Ltd as its managing director and chief executive officer yesterday.
3 October 2022, 18:00 PM

BB working to help strengthen stock market

Bangladesh Bank Governor Abdur Rouf Talukder yesterday said they are trying to help strengthen the country’s securities market as it should be a major source of long-term funding for entrepreneurs and thereby assist in reducing non-performing loans in the banking sector.
3 October 2022, 18:00 PM

KDS Accessories’ profit up 6pc

KDS Accessories Limited’s profit rose nearly 6 per cent year-on-year to Tk 16.58 crore in the year that ended on June 30, 2022. 
3 October 2022, 18:00 PM

Two more RMG units get global green recognition

The number of green garment factories in Bangladesh has reached 173 as two more units received the Leadership in Energy and Environmental Design (LEED) certification from the US Green Building Council (USGBC) yesterday.
3 October 2022, 18:00 PM

Inflation down notably, visibly

Planning Minister MA Mannan yesterday claimed that inflation in Bangladesh has come down notably although the Bangladesh Bureau of Statistics (BBS) was yet to publish the consumer price index for August and September. 
3 October 2022, 18:00 PM

Robi gets new CEO

Robi Axiata, the second largest mobile phone operator in Bangladesh, has appointed Rajeev Sethi as its new chief executive officer. 
3 October 2022, 18:00 PM

Nagad offers up to Tk 1,000 cashback for mobile recharge

Nagad has launched a campaign, under which the mobile financial service provider offered up to Tk 1,000 cashback for mobile recharge.
3 October 2022, 18:00 PM

Maiden int’l confce of women entrepreneurs next month

With a view to connecting Bangladesh’s women entrepreneurs to the global market, the maiden International Women Entrepreneurship Conference 2022 is going to be held in the country next month. 
3 October 2022, 18:00 PM

Deadline to export hilsa to India extended to Oct 5

The government has extended the deadline for exporting hilsa to India to October 5 following pleas from traders, according to a circular from the commerce ministry yesterday.  
3 October 2022, 18:00 PM

Denim Expert going after perfection, innovation

Rather than going for mere expansion, Chattogram-based denim exporter Denim Expert Limited wants to attain perfection in its product and innovation as well as achieve environmental sustainability in order to turn the facility into a model factory. 
3 October 2022, 03:10 AM

September brings no cheer for economy

The economy of Bangladesh has continued to suffer from foreign exchange-related stress as both exports and remittances declined in September whereas import payments were almost unchanged. 
3 October 2022, 03:00 AM

Exports slip after 13 months

Export earnings dropped 6.25 per cent year-on-year to $3.9 billion in September, the first fall in 14 months, as the cost-of-living crisis in the western countries took its toll on Bangladesh’s main foreign currency earning sector.  
3 October 2022, 02:30 AM

GSP Finance posts lower profit in Jan-Mar quarter

GSP Finance Company (Bangladesh) Limited reported a lower profit in the first quarter of 2022.  
2 October 2022, 18:00 PM

Prime Bank opens Japan Desk

Prime Bank recently launched Japan Desk, a one-stop solution centre, in order to facilitate cross-border business initiatives and investments between Japan and Bangladesh.
2 October 2022, 18:00 PM

Trade through Benapole to remain shut for 4 days

Trade between Bangladesh and India through Benapole land port will remain closed for four days on the occasion of Durga Puja.
2 October 2022, 18:00 PM

Time prime to get youths into 4th industrial revolution

Developed countries are already reaping the 4th industrial revolution’s (4IR) benefits whereas Bangladesh is still at its primary stage, necessitating prompt utilisation of the country’s current demographic dividend alongside the productivity of youths, said speakers at a programme yesterday. 
2 October 2022, 18:00 PM

HSBC, DBL Group sign deal on H2H integration solution

HSBC Bangladesh recently signed an agreement with DBL Group on host-to-host (H2H) integration solution.
2 October 2022, 18:00 PM

Scam-hit Int’l Leasing posts losses in Jan-Jun

Scam-hit International Leasing & Financial Services Ltd (ILFSL) has kept losing money as it made losses in the first half of 2022. 
2 October 2022, 18:00 PM