BFIU seeks bank account info of 23 digital platforms including Daraz, PriyoShop

The Bangladesh Financial Intelligence Unit (BFIU) has asked banks to send account information of 23 digital platforms, including Daraz and Priyo Shop and 29 executives related to the firms.
3 November 2021, 07:17 AM

US, UAE lead $4b effort to help farming adapt to climate change

The United States and the United Arab Emirates on Tuesday used COP26 climate talks to launch efforts to channel funding into making agriculture resilient to climate change, as well as to cut its emissions.
3 November 2021, 07:03 AM

October exports hit historic high at $4.73 billion

Export earnings increased 60.37 per cent year-on-year to $4.73 billion in October, the highest ever for a single month in the history of Bangladesh.
2 November 2021, 12:23 PM

StanChart executes first-ever sustainable trade finance transaction in Bangladesh

Standard Chartered Bangladesh has executed the country’s first sustainable trade finance transaction locally.
2 November 2021, 11:53 AM

Stocks fall for third consecutive day

The stock market fell for the third consecutive day today as investors preferred remaining on the sideline.
2 November 2021, 09:41 AM

Why failure to refund e-commerce customers shouldn’t be declared illegal: HC

The High Court today issued a rule asking the authorities to show cause as to why their failure and inaction to refund the money of e-commerce customers should not be declared illegal.
1 November 2021, 11:47 AM

$1.16b foreign proposals came in investment summit: DCCI president

Foreign participating companies in the Bangladesh Trade and Investment Summit 2021 have shown interest to invest $1.16 billion in Bangladesh, Rizwan Rahman, president of Dhaka Chamber of Commerce and Industry (DCCI), said today.
1 November 2021, 11:43 AM

Stocks end flat

Turnover at the Dhaka bourse dropped over 22 per cent today while its index was almost flat.
1 November 2021, 09:50 AM

'Defreeze accounts to return Tk 214cr stuck in payment gateways'

The commerce ministry has written to the Criminal Investigation Department (CID) to defreeze the accounts to return Tk 214 crore that got stuck in payment gateways due to e-commerce companies' failure to deliver products against the payments.
1 November 2021, 08:36 AM

Daraz comes back with one-day sale campaign ‘11.11’

Online marketplace Daraz Bangladesh, a concern of Alibaba Group, is hosting a one-day sale campaign “11.11” for the fourth time.
30 October 2021, 11:56 AM

Fresh LP Gas, a concern of Meghna Group, organises annual sales conference

Fresh LP Gas, a concern of Meghna Group of Industries, organises its annual sales conference at the Royal Tulip Sea Pearl Beach Resort in Cox’s Bazar recently.
29 October 2021, 07:59 AM

Denmark commits $3.19m for cleaner textile production

The government of Denmark, through the Danish International Development Agency (DANIDA), has committed for a fund of $3.19 million to enhance cleaner production in the ready-made garment (RMG) sector in Bangladesh.
28 October 2021, 14:09 PM

Rules for Tk 3,000cr stimulus package for marginal farmers relaxed

The Bangladesh Bank today relaxed rules for its Tk 3,000 crore stimulus package dedicated to the low-income professionals, marginal farmers and micro-enterprises.
28 October 2021, 13:46 PM

'Technical education key to reduce educated unemployment'

Proper action plan for each sector and positive attitude toward technical education can play a vital role in reducing educated unemployment in the country, experts said today.
28 October 2021, 13:35 PM

Stocks rise for third straight day

The stockmarket index continued rising for the third straight day although the blue-chip index experienced a drop.
28 October 2021, 09:43 AM

Massive cut in corporate tax for fridge, motorcycle, AC makers

The tax authority has reduced corporate tax to 10 per cent for makers of freezer, refrigerator, motorcycle and compressor and air conditioner until June, 2032 with the aim to give further stimuli to the growing home electronics and automobile sector.
28 October 2021, 07:17 AM

Garment workers block Dhaka-Mymensingh highway demanding arrears

Garment workers went on work abstention and demonstrated by blocking Dhaka-Mymensingh highway in Gazipur city for three hours today demanding their due salaries and allowance.
27 October 2021, 16:01 PM

Huawei announces expansion of partner network

Huawei has announced the expansion of its partner network through several new collaborations with Horangi, ZIONEXT, USEA Global, Advocado, 4Paradigm, YonYou, and Cloudwise.
27 October 2021, 13:19 PM

Russia keen to increase bilateral trade with Bangladesh: envoy

Russia is keen to increase its bilateral trade with Bangladesh as the world’s largest country wants to strengthen its relation with the south Asian nation, Russian Ambassador to Bangladesh Alexander Vikentyevich Mantitsky said today.
27 October 2021, 12:03 PM

Seventh edition of BASIS Outsourcing Award launched

The Bangladesh Association of Software and Information Services (BASIS) today launched the seventh edition of its flagship event “BASIS Outsourcing Award” with an aim at bringing more youth into freelancing and creating skilled manpower.
27 October 2021, 11:25 AM