Standard Bank holds customer service training

Md Touhidul Alam Khan, additional managing director of Standard Bank, inaugurated a two-day workshop on “Excellence in Customer Service”, on February 24.
4 March 2021, 18:00 PM

Uber partners with Better Future for Women to onboard women drivers in Bangladesh

To mark International Women’s Day 2021, Uber today announced a partnership with Dhaka-based non-profit foundation, Better Future for Women (BFW), which will enable women to gain skills so they can earn a livelihood as drivers on Uber’s platform, said a press release by Uber today.
4 March 2021, 15:00 PM

BASIC Bank loan scam: HC orders ACC to submit charge sheets in 21 cases

The High Court today directed the Anti-Corruption Commission (ACC) to submit charge sheets to the trial courts in two and half months in connection with 21 corruption cases filed against Iqbal Hossain Bhuiyan, managing partner of SD Survey Firm, and several others for their involvement with the BASIC Bank loan scam.
4 March 2021, 08:58 AM

Conduct research to diversify exports: PM

Prime Minister Sheikh Hasina today urged researchers to conduct studies to diversify Bangladesh’s export basket alongside modernising and mechanising the agriculture sector.
4 March 2021, 08:35 AM

Bangladesh’s development model matches that of stages in South Korea, China: WSJ

Bangladesh is becoming South Asia’s “economic bull case”, reported Wall Street Journal on March 3. WSJ’s Hong Kong-based reporter Mike Bird claimed Bangladesh is notable in South Asia for being the “closest proxy” for the successful development models seen at various stages in South Korea, China, and Vietnam.
4 March 2021, 07:54 AM

Exports slip 4pc in February

Earnings from exports declined 3.92 per cent year-on-year to $3.19 billion in February because of a fall in apparel shipment as the lingering coronavirus pandemic continues to hurt the country’s key markets.
3 March 2021, 18:40 PM

Banks, NBFIs asked to sever ties with CTO Forum

Bangladesh Bank has asked banks and non-bank financial institutions (NBFIs) to sever ties with CTO Forum Bangladesh as the latter’s president spread false information on the capability of lenders in tackling cyberattacks.
3 March 2021, 18:00 PM

$58m PPP project for Patenga terminal gets cabinet nod

The cabinet committee on economic affairs yesterday approved in principle a $58 million project to increase the efficiency and logistical capacity of Chattogram port.
3 March 2021, 18:00 PM

Workers of shuttered jute mills demand arrears

The workers of nine state-owned jute mills that were shut last year staged a two-hour demonstration in front of the Bangladesh Jute Mills Corporation (BJMC) office in Chattogram yesterday.
3 March 2021, 18:00 PM

LafargeHolcim shares declines despite jump in profits

Shares of LafargeHolcim Bangladesh fell 2.85 per cent on the Dhaka Stock Exchange yesterday as the company posted a decline in sales in 2020 because of the Covid-19 outbreak.
3 March 2021, 18:00 PM

Beximco stocks fall despite Tk3,000cr Sukuk plan

Stocks of Beximco Limited dropped 1.64 per cent to Tk 84 yesterday despite the company’s announcement that it would issue Sukuk bonds worth Tk 3,000 crore.
3 March 2021, 18:00 PM

New MD for Bangladesh House Building Finance Corporation

Bangladesh House Building Finance Corporation (BHBFC) recently witnessed the joining of a new managing director following a gazette from the Department of Financial Institutions.
3 March 2021, 18:00 PM

DCCI wants corporate tax cut

The Dhaka Chamber of Commerce & Industry (DCCI) yesterday urged the revenue administration to cut the corporate tax for listed and non-listed companies by 2.5 per cent in the next fiscal year.
3 March 2021, 18:00 PM

Rakub gets new MD

Rajshahi Krishi Unnayan Bank (Rakub) recently witnessed the appointment of its new managing director.
3 March 2021, 18:00 PM

$3.6b Chinese loan uncertain after Dhaka drops projects from agreed list

Bangladesh’s hope of securing $3.6 billion in Chinese loans for five projects may not materialise as Dhaka has unilaterally decided to replace them in a list focusing bilateral cooperation.
3 March 2021, 18:00 PM

Akij Ventures gets new MD

Akij Ventures and subsidiary Akij Food and Beverage recently witnessed the appointment of a new managing director and chief executive officer.
3 March 2021, 18:00 PM

Kamal sees gains from LDC graduation

Bangladesh will benefit more than it would lose once the country graduates to a developing nation from the grouping of the least-developed countries, said Finance Minister AHM Mustafa Kamal yesterday.
3 March 2021, 18:00 PM

Partex Star Group gets new DMD

Partex Star Group recently saw the appointment of a new deputy managing director.
3 March 2021, 18:00 PM

Processors warn of further rise in edible oil price

Edible oil is likely to become costlier in the days ahead because of the upward price trend of soybean and palm oil worldwide as Bangladesh meets 90 per cent of its demand through imports, said processors yesterday.
3 March 2021, 18:00 PM

US Commerce sets anti-dumping duties on aluminum sheet from 18 countries

The US Commerce Department on Tuesday issued final anti-dumping duties on common alloy aluminum sheet from 18 countries investigated, including up to 242.8 per cent on imports from Germany and 4.83 per cent on imports from Bahrain.
3 March 2021, 18:00 PM