E-commerce sites want bank loans against digital business ID

E-commerce entrepreneurs today urged the government to provide them with bank loans by taking into account their digital business identification (DBID) in place of trade licences.
30 June 2022, 12:12 PM

Remittance to rise significantly next fiscal year

Remittance inflow may rebound significantly in Bangladesh in 2022-23 fiscal year as increased number of people flew abroad for jobs, Bangladesh Bank (BB) Governor Fazle Kabir said today.
30 June 2022, 11:27 AM

Monetary policy to be declared tomorrow

The Bangladesh Bank will declare tomorrow its monetary policy statement (MPS) for fiscal 2022-23.
29 June 2022, 14:54 PM

Grameenphone banned from selling new SIMs

The telecom regulator has banned Grameenphone from selling new SIMs for the country’s top mobile network operator’s failure to provide quality service.
29 June 2022, 14:40 PM

Ban on sale of new GP SIM cards

The telecom regulator has banned Grameenphone from selling new SIMs for the country’s top mobile network operator’s failure to provide quality service.
29 June 2022, 14:35 PM

Zero possibility of salt crisis during Eid: salt traders

Bangladesh has enough salt in stock to meet the leather sector’s demand in the next three months, a peak season for rawhide collection centring the Eid-ul-Azha, a top salt trader said today.
29 June 2022, 14:05 PM

Highest bid Tk 53 lakh for Range Rover at Ctg customs’ auction for 108 cars

A 2006 model Range Rover attracted the highest bid of Tk 53 lakh at the Chattogram Custom House’s attempt to auction off 108 cars.
29 June 2022, 13:25 PM

Bangladeshi company to invest $8.5 million in Uttara EPZ

Bangladeshi company Texas Clothing Ltd is going to establish a garments factory in Uttara Export Processing Zone (EPZ) in the northwest district Nilphamari by investing $8.5 million.
29 June 2022, 11:49 AM

Project launched to enable digital payment in Eid cattle markets

Bangladesh Bank and Dhaka North City Corporation (DNCC) today launched a pilot project called “Smart Bangladesh Smart Haat” to facilitate digital payment in cattle markets.
29 June 2022, 11:26 AM

Jute sector needs low-cost funds like EDF: FBCCI

Businesses today called for arranging low-cost fund just like the Export Development Fund for the jute sector, which will provide entrepreneurs with loans at 2 per cent interest.
28 June 2022, 13:31 PM

Taka depreciates, 1 USD now Tk 93.45

The exchange rate of the taka stood at Tk 93.45 per dollar on Tuesday in contrast to Tk 92.95 on Monday.
28 June 2022, 13:19 PM

SMEVAI Technologies Ltd celebrates International MSME Day 2022

SMEVAI Technologies Ltd organised a roundtable titled “Demystifying bank financing for MSMEs in Bangladesh: role of private sector intervention” on the occasion of the International MSME Day in Dhaka on June 27.
28 June 2022, 13:08 PM

Non-banks’ top brass can remain directors of subsidiaries until Dec

The chairmen of non-bank financial institutions along with the heads of executive, audit and risk management committees who hold directorships of associated subsidiaries or foundations will be able to continue to serve in the latter positions until December this year.
28 June 2022, 12:57 PM

Flexible loan repayment facility for non-banks’ borrowers up to Dec

The borrowers of non-bank financial institutions will enjoy a flexible loan repayment facility up to December this year.
28 June 2022, 12:49 PM

WASH budget still not enough for safe sanitation: experts

The new national budget has proposed raising allocation for water, sanitation and hygiene (WASH), but the WASH budget is still not enough to ensure safe sanitation and build environment and capacity, experts said today.
28 June 2022, 11:38 AM

Stocks rise for second day running

Shares on the Dhaka Stock Exchange (DSE) rose marginally for the second consecutive day today.
28 June 2022, 10:51 AM

When Ctg port goes the extra mile to save Tk 800 crore export cargoes

The Chittagong Port Authority (CPA) has recently saved a severely damaged oceangoing ship, victim of an accident mid sea, which could have caused loss of export cargoes worth Tk 800 crore and block the whole channel for future navigation.
28 June 2022, 03:00 AM

Dnet’s national seminar on promoting responsible digital practices held

The national seminar on promoting responsible digital practices was held at the Westin Dhaka recently.
27 June 2022, 21:40 PM

Non-banks asked to form complaint cells at headquarters, branches

The Bangladesh Bank today asked non-bank financial institutions to form ‘complaint cell’ at their head offices and branches to resolve the complaints of clients.
27 June 2022, 13:44 PM

Inflation might last for two years: World Bank chief

World Bank Group President David Malpass thinks it might take years to get prices back under control as the US and other economies face inflation rates not seen in decades.
27 June 2022, 11:59 AM