Online shopping festival by 20 e-commerce platforms begins tomorrow

Local e-commerce platforms are organising a 20-day online shopping festival as they look to provide quality products and services to the customers to regain trust in the industry hit hard by some recent controversies.
9 October 2021, 12:45 PM

‘Strengthen work environment to better handle post-graduation challenges’

Bangladesh’s garment sector needs to strengthen its labour and working environment in adherence to the United Nations Guiding Principles (UNGPs) with a view to better handle the post-graduation challenges, experts said today.
9 October 2021, 11:42 AM

‘Local mutual funds sector has potential to grow 10 times bigger’

Bangladesh has a mutual fund industry of around Tk 15,000 crore and it has the potential to grow at least 10 times bigger, said Prof Shibli Rubayat Ul Islam, chairman of Bangladesh Securities and Exchange Commission (BSEC).
9 October 2021, 08:54 AM

Bangladesh to be a $500b economy by 2026: StanChart economists

Bangladesh’s gross domestic product (GDP) will grow at over 7 per cent in fiscal year 2022 and it will continue growing at the rate, making the country a $500-billion economy by fiscal year 2026, top economists of Standard Chartered said.
7 October 2021, 14:03 PM

Obhai starts accepting only digital payments

Ride-sharing app Obhai has decided to take digital payments only for its services.
7 October 2021, 10:53 AM

Stocks fall on profit booking

The stock market fell today as investors booked profits from increased share prices of some big paid-up capital-based companies.
7 October 2021, 10:42 AM

No bill if internet is down for 3 consecutive days: BTRC

Broadband users will not have to pay any bill in a month if their internet connection remains down for three consecutive days, said the Bangladesh Telecommunication Regulatory Commission (BTRC).
6 October 2021, 17:24 PM

Pran-RFL's concern Banga Building to raise Tk 300 crore

Banga Building Material Ltd, a sister concern of Rangpur Foundry Limited (RFL), is going to raise a fund of Tk 300 crore through issuing a Sukuk.
6 October 2021, 16:33 PM

UCB wins JP Morgan’s ‘US Dollar Clearing Quality Recognition’ award

United Commercial Bank (UCB) has been recognised with the 2021 US Dollar Clearing Quality Recognition Award given by JPMorgan.
6 October 2021, 14:06 PM

StanChart unveils banking services for expatriates living in Bangladesh

Standard Chartered Bangladesh has announced the launch of expat banking services, through which expatriates residing in Bangladesh will enjoy access to a full range of banking services, seamlessly integrating their banking experience across Bangladesh and their home countries.
6 October 2021, 13:39 PM

Rise in nonfarm income reduces domestic migration: BIDS study

One per cent increase in the share of nonfarm income reduces domestic migration to other districts by 4 to 7 per cent in rural and municipalities, a new study conducted by the Bangladesh Institute of Development Studies (BIDS) finds.
6 October 2021, 12:43 PM

Stocks continue rising again

The stock market continued rising for the second consecutive day today thanks to the higher participation of investors.
6 October 2021, 11:38 AM

NBR launches automated withholding tax system

The National Board of Revenue (NBR) today launched an automated system to enable public and private agencies deduct and deposit tax at source without taking trouble of doing the job manually.
6 October 2021, 08:57 AM

No need to frame new law for e-commerce, govt panel suggests

The high-profile government panel on e-commerce thinks formation of a new law might not be needed, but little amendment to the existing laws will be enough to streamline the errant e-commerce business now.
5 October 2021, 10:44 AM

Let's GO Mart starts operation as new e-commerce platform

Let's GO Mart has started its operations as a new e-commerce platform as the company organised its commercial launch at The Daily Star Centre in the capital today.
5 October 2021, 10:23 AM

Bangladesh’s stock market is not overvalued: BSEC chairman

Bangladesh’s stock market is not overvalued because it did not soar as fast as the economy rose over the years, said Prof Shibli Rubayat Ul Islam, chairman of Bangladesh Securities and Exchange Commission (BSEC).
4 October 2021, 14:56 PM

ADB extends $1.78b loans for Dhaka-Sylhet corridor

The Asian Development Bank is providing $1.78 billion in loans to Bangladesh under the multi-tranche financing facilities, making it the highest proposed financing from the Manila-based lender against any single project.
4 October 2021, 14:36 PM

International tourism fair Dhaka Travel Mart in March next year

The 17th edition of the Dhaka Travel Mart, an international tourism fair, is expected to start at Pan Pacific Sonargaon in Dhaka on March 10 next year.
4 October 2021, 14:18 PM

Time extended to repay loans rescheduled under relaxed rules

Bangladesh Bank has extended the loan repayment deadline until December this year for borrowers who had rescheduled their defaulted loans under relaxed rules issued in 2019.
4 October 2021, 13:42 PM

Stocks fall after five days of rise

The stock market fell today after rising for five consecutive days, although the turnover rose at the premier bourse.
4 October 2021, 11:38 AM