MCCI again seeks trade licence’s validity extension

The Metropolitan Chamber of Commerce and Industry (MCCI) has once again sought cooperation from the National Board of Revenue (NBR) to extend the validity of trade and other business relevant licences to three to five years from the current one year.
29 September 2022, 15:23 PM

Swiss firm to invest $6 million in Meghna economic zone

Sika Bangladesh, a subsidiary of Switzerland-based construction chemical manufacturer Sika Group, is investing $6 million setting up a 10,000-square metre factory in Meghna Industrial Economic Zone (Miez) in Sonargaon of Narayanganj.
29 September 2022, 14:57 PM

Sun may disrupt satellite’s TV broadcast for eight days

Television broadcasts of local channels could be disrupted for a total of 81 minutes from tomorrow to October 7 as the sun could be in direct line with Bangabandhu Satellite-1, disrupting the signal of the satellite.
29 September 2022, 14:30 PM

BB approval must for NBFIs to lend to subsidiaries, waive interests

The non-bank financial institutions (NBFIs) will have to take permission from the central bank to lend to their subsidiaries or associates and waive loans or interests.
29 September 2022, 13:19 PM

‘Bangladesh made moderate advancement in eliminating child labour’

Bangladesh made moderate advancement in efforts to eliminate the worst forms of child labour in 2021, the US Department of Labor said today.
29 September 2022, 13:10 PM

Meta includes Bangladesh in annual marketing summit

Meta, formerly known as the Facebook company, for the first time has expanded its annual marketing summit to Bangladesh, and the digital event was aired today.
29 September 2022, 12:41 PM

Loans to become costly as policy rates hiked by 25 basis points

Bangladesh Bank today hiked its key interest rate or policy rate by 25 basis points to 5.75 per cent with a view to containing the inflationary pressure.
29 September 2022, 12:28 PM

Leading towards a better tomorrow: the inspirational stories of Shehzad Munim

On the fourth episode of Preronar Kotha Season 03, we had the opportunity to speak to one such top executive from the corporate sector, considered a trailblazer in changing the perception about Bangladeshi leaders in business.
29 September 2022, 11:27 AM

DSE, CSE end in the black although most shares fall

The Dhaka and Chittagong stock exchanges rose marginally yesterday, snapping a three-day declining trend.
28 September 2022, 14:32 PM

NFBIs demand withdrawal of cap on deposit interest

The non-bank financial institutions have demanded withdrawal of the 7 per cent interest cap on deposit.
28 September 2022, 13:00 PM

FBCCI teams up with New York chamber to boost bilateral trade

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Greater New York Chamber of Commerce and Industry (GNYCCI) have recently joined hands to boost bilateral trade between Bangladesh and the United States of America.
27 September 2022, 14:32 PM

Technical job fair takes place in Dhaka

A daylong fair for technical jobs took place at PSC Convention Hall in the capital’s Mirpur today with thousands thronging to bag their desired jobs.
27 September 2022, 14:01 PM

Nagad gets interim licence extension for sixth time

The Bangladesh Bank has once again renewed the interim licence of Nagad as the Bangladesh Post Office (BPO) could not form a subsidiary to run the mobile financial service within the deadline.
27 September 2022, 13:18 PM

Ctg port must speed up goods delivery: experts

The Chattogram port must fast-track the unloading of goods, install modern equipment, and improve service quality in order to cut congestion and facilitate Bangladesh’s fast-expanding global trade, speakers said today.
27 September 2022, 13:10 PM

‘Go for regulatory reforms to attract more EU investment’

Bangladesh should go for regulatory and taxation reforms along with building level playing fields for local and foreign firms to attract more foreign direct investment from the European Union, EU Ambassador Charles Whiteley said today.
27 September 2022, 12:51 PM

Stocks keep falling

Most shares on the Dhaka and Chittagong stock exchanges dropped today as economic uncertainty at home and abroad persists, prompting the key indices to retreat for the third consecutive day.
27 September 2022, 11:09 AM

Flawed regulation sends wrong signals to private submarine cables in Bangladesh

The government has issued three submarine cable licenses to Summit Communications, CdNet Communications and Metacore Subcom Ltd. Last bastion of state-owned monopoly in telecoms will fall once the private cables emerge from the Bay of Bengal.
27 September 2022, 02:00 AM

Influential US trade bodies want GSP's reactivation

The American Apparel and Footwear Association (AAFA) along with 270 other trade bodies has urged the US Congress for reactivating the Generalised System of Preferences (GSP) for the convenience of the American traders.
26 September 2022, 12:34 PM

Most stocks fall for second straight day

Dhaka and Chittagong bourses closed in the red for the second consecutive day today as most shares fell amid investors’ persistent concern about rising inflation and continued global economic turmoil.
26 September 2022, 12:17 PM

DCCI team to visit Turkey to explore new market

A delegation of the Dhaka Chamber of Commerce and Industry (DCCI) will depart Dhaka tomorrow for Turkey to explore bilateral trade and investment opportunities.
26 September 2022, 09:32 AM