Don’t allow shoppers pay directly to e-commerce platforms, commerce ministry urges Bangladesh Bank

The commerce ministry today suggested Bangladesh Bank take step directing banks of not accepting deposits of money made by online shoppers to the accounts of e-commerce companies.
25 August 2021, 18:16 PM

Autogas use on the way up

The number of refuelling stations for liquefied petroleum gas (LPG) or autogas and its consumption are growing fast with the big LPG players ramping up their operations as the government looks to cut dependency on other fossil fuels.
25 August 2021, 18:00 PM

HSBC, Beza, Brac to plant mangroves in Mirsarai

HSBC Bangladesh has recently partnered with Bangladesh Economic Zones Authority (Beza) and Brac to grow mangrove plantations in Mirsarai, Chattogram.
25 August 2021, 15:46 PM

SME Foundation gets Tk 200 crore to finance small and medium entrepreneurs

The finance ministry has recently handed over Tk 200 crore to the SME Foundation for disbursement among small and medium enterprises.
25 August 2021, 13:38 PM

‘Value-added content still scarce in Bangladesh’

When the importance of content and its related things is increasing worldwide, there is a significant lack of distinct and value-added content in Bangladesh, speakers said at a virtual conference today.
25 August 2021, 13:21 PM

Monthly MFS transaction limit of Tk 2 lakh remained unchanged

The Bangladesh Bank today said that the highest monthly transaction limit of Tk 2 lakh from person to person through mobile financial services (MFS) would remain unchanged.
25 August 2021, 13:14 PM

BGMEA demands 10% incentive on export of non-cotton garments

The garment makers have demanded 10 per cent incentive on export on garment items made from non-cotton fibre to encourage investment in manmade fibre (MMF).
25 August 2021, 12:32 PM

Next step of digital Bangladesh is cashless society: Sajeeb Wazed

Prime Minister’s ICT Affairs Advisers Sajeeb Wazed Joy yesterday said that the next step of digital Bangladesh is developing a cashless society to ensure transparency, accountability and mobility in financial transactions.
25 August 2021, 11:57 AM

Effective supply chain a must for safe food: stakeholders at DCCI event

Effective supply chain of agriculture products is a must for a safe food value chain as the marketing of perishable items is a big challenge in the country now, stakeholders said at a webinar today.
25 August 2021, 10:09 AM

Commodity price manipulators will face stern action: commerce secretary

The government today warned that stern action would be taken against the profiteers and price manipulators of basic commodities, as the market has ample supply of the daily necessities.
25 August 2021, 08:37 AM

Democratic infighting delays Biden’s vast US investment plans

A dispute within the Democratic party has stalled US President Joe Biden’s massive spending plans for the United States as Congress postponed a key vote on the measures Monday.
24 August 2021, 18:00 PM

Forex reserve crosses $48b, a new record

Bangladesh’s foreign exchange reserve today hit a record high of $48 billion after managing a financial support from the International Monetary Fund (IMF).
24 August 2021, 14:59 PM

Bangladesh seeks Spanish investment in non-cotton sector

Bangladesh Garment Manufacturers and Exporters Association (BGMEA)  today sought Spanish investment in non-cotton textile items as the demand for man-made fibre (MMF) garment items is on the rise.
24 August 2021, 13:17 PM

Tk 210 crore project to establish bio-gas plants gets nod

The government today gave nod to a nearly Tk 210 crore project to establish 64,000 bio-gas plants with the objective to generate renewable energy in rural areas.
24 August 2021, 11:54 AM

Desh General Insurance’s profit up 11pc

Desh General Insurance Company posted an 11 per cent year-on-year rise in profit in 2020.
24 August 2021, 09:04 AM

BTRC selects firm to audit Banglalink

Bangladesh Telecommunication Regulatory Commission (BTRC) has selected a firm to audit Banglalink, the third-largest mobile phone operator by subscriber base in the country.
24 August 2021, 08:57 AM

Key index of Dhaka Stock Exchange goes past 6,900 points

The general index of the Dhaka Stock Exchange went past 6,900 points as investors remain bullish about the prospect of the economy despite the ongoing economic slowdown and are strongly participating in the trading activity.
24 August 2021, 07:28 AM

IPDC to provide loan for Covid-19 treatment 

IPDC Finance has introduced an emergency loan service to provide financial support for the treatment of Covid-19 patients.
24 August 2021, 07:24 AM

Ctg port slips 9 notches to 67th in list of world's busiest ports

The Chattogram port has slipped nine notches down in 2020 to rank 67th in terms of annual throughput of containers among 100 top busiest ports across the world, according to the 2021 edition of Lloyd’s List One Hundred Ports.
23 August 2021, 19:04 PM

Non-banks can’t show FDRs to meet regulatory requirement

The Bangladesh Bank today said non-bank financial institutions would not be able to show their fixed deposit receipts (FDRs) as statutory liquidity ratio if they took loans against the funds.
23 August 2021, 15:00 PM