Incepta gets go-ahead to produce Covid drug Molnupiravir

Leading local pharmaceutical company Incepta Pharmaceuticals Ltd has announced the receipt of a sublicence from the Medicine Patent Pool (MPP), on behalf of originator company MSD, to produce Covid-19 oral drug “molnupiravir”.
22 January 2022, 12:58 PM

Stop putting income tax pressure during pandemic: businesses

The businessmen from Dhaka and district levels have urged the government to save them from the pressure that the VAT and income tax officials are putting on them for tax collection even during the Covid 19 fallouts.
22 January 2022, 10:44 AM

Shakib’s star power not enough for Peoples Bank to get BB approval

The proposed Peoples Bank has failed to manage the Bangladesh Bank’s approval to start its operation despite having star cricketer Shakib Al Hasan in the lender’s list of shareholders.
20 January 2022, 14:29 PM

Bangladesh Bank fixes salary of entry level private bankers

For the first time in history, Bangladesh Bank today fixed minimum salary of entry level officials of banks in order to encourage talented young to take banking as a career and play role for the economic advancement of the nation.
20 January 2022, 13:40 PM

Unilever’s Sakshi recognised as top most global HR leaders in Bangladesh

Sakshi Handa, human resources director of Unilever Bangladesh, has been recognised as the top most global human resource leaders in Bangladesh by World HRD Congress.
20 January 2022, 13:12 PM

Bangladesh Bank extends loan moratorium for shipbuilders

Bangladesh Bank today extended the relaxed loan repayment facility for shipbuilders in a bid to help the industry tackle adversities derived from the ongoing coronavirus pandemic.
20 January 2022, 12:58 PM

Scope for remittance cash incentive widens

Expatriate Bangladeshis will enjoy 2.5 per cent cash incentive if they remit five categories of service benefits in the form of remittance through formal channels, said the central bank today.
20 January 2022, 12:44 PM

Envoy Textiles gets go-ahead to issue preference shares

Envoy Textiles has been given go-ahead by the Bangladesh Securities and Exchange Commission (BSEC) to issue fully redeemable non-convertible cumulative preference shares.
20 January 2022, 11:53 AM

Dhaka Bank arranges Tk 520 crore for Chandpur Power

Dhaka Bank Ltd has arranged Tk 520 crore for Chandpur Power Generations Ltd (CPGL), a sister concern of Doreen Group.
19 January 2022, 15:24 PM

FBCCI raises concern over call for gas price hike

Businessmen today expressed worries over the energy companies’ latest proposal to raise gas prices, as they believe another hike now will increase the cost of production and ultimately slow down the economic revival amid the ongoing pandemic.
19 January 2022, 14:08 PM

Dhaka stocks continue rising since morning

The benchmark index of the Dhaka Stock Exchange (DSE) continued to rise in the first hours of trading today.
19 January 2022, 07:26 AM

No price hike for edible oil now, further review needed: minister

The government has no plan to hike edible oil prices in the next 15 days as further review of the prices is needed, Commerce Minister Tipu Munshi said today.
19 January 2022, 07:17 AM

Garment, accessory makers form joint panel to boost apparel export

The manufacturers of garment and its accessories today formed a joint committee to expedite export of apparel items.
18 January 2022, 18:48 PM

Light engineering, plastic key for faster export growth now: senior commerce secretary

Bangladesh needs to shift its product concentration to sectors like light engineering so that it can gradually move upwards in its industrialisation pathway, Senior Commerce Secretary Tapan Kanti Ghosh said today.
18 January 2022, 14:22 PM

Bangladesh-US tie is stronger now, diplomats say at envoy Miller's farewell

The economic and business tie between Bangladesh and the US is stronger than the previous normal time because of having a warm relationship between the two countries despite severe fallouts of the Covid-19 pandemic, said John D Dunham, economic and Indo-Pacific Affairs Unit chief of the US embassy in Bangladesh.
17 January 2022, 13:29 PM

Build legal basis before forming new industrial policy: FBCCI standing committee

The government is going to formulate the National Industrial Policy 2021 whereas the existing one could not be implemented properly due to a lack of legal basis, said the FBCCI's standing committee on industry and industrial policy today.
17 January 2022, 13:11 PM

Incentive for software, ITES makers for export over $5,000: Bangladesh Bank

Software and information technology-enabled services (ITES) will enjoy export incentive if they abide by some rules set by the Bangladesh Bank during virtual shipment of products worth over $5,000.
16 January 2022, 14:29 PM

Stocks end flat

The prime index of the Dhaka Stock Exchange (DSE) ended flat today while its turnover experienced a rise.
16 January 2022, 11:52 AM

LankaBangla Securities receives ISO 9001:2015 (QMS) certificate

Leading Bangladeshi stockbroker LankaBangla Securities Limited (LBSL) has received ISO 9001:2015 (QMS) certificate today after an independent assessment of the organisation’s business and operational processes by the B-Advancy.
13 January 2022, 14:11 PM

Bangladesh to be 24th largest economy by 2030: Report

Bangladesh is expected to become the 24th largest economy in the world by 2030 despite a rise in poverty, unemployment and income losses because of the severe impacts of the Covid-19 pandemic, according to a government report.
13 January 2022, 13:44 PM