Two panels reject e-CAB poll results

“The two panels of Oikko and Changemakers have not accepted the results,” Abdul Aziz, leader of Oikko, and Waseem Alim, leader of The Change Makers, made the comment in a joint statement.
18 June 2022, 18:18 PM

Labour ministry to sit with chambers to discuss 8pm shop closure

The labour ministry is going to sit with top business chambers tomorrow to discuss ways for implementing the directive of the Prime Minister’s Office (PMO) regarding the closure of shops and kitchen markets from 8 pm to save energy and curb import bills for fuel.
18 June 2022, 13:57 PM

US firm Care Nutrition launches three nutritious food products under NutriPlus

The products are: Nucella chocolate, fortified bread spread and EnerG tasty saline.
18 June 2022, 13:29 PM

Unilever in partnership with CIRCULAR starts plastic collection

Unilever Bangladesh Limited (UBL) and CIRCULAR, a social purpose driven organisation involved in plastic waste management, joined hands to collect 1,000 tonnes of plastic from Dhaka in the next one year.
18 June 2022, 13:20 PM

Eid sales will drop drastically if shops close at 8pm: BCI

The Bangladesh Chamber of Industries (BCI) today urged the government to review its decision to close stores at 8pm as businesses will incur losses if the shops are closed so early ahead of the Eid-ul-Azha.
18 June 2022, 12:50 PM

‘Rise in tax to fuel prices of construction materials’

Realtors today said the cost of various raw materials, including rod and lift, will increase in the next fiscal year because of the increase in value added tax and customs tariff.
18 June 2022, 11:47 AM

e-CAB polls end, 76.6% votes cast

Out of 795 voters, around 609 votes or 76.6 per cent of the total were cast, said AHM Bazlur Rahman, a member of the commission formed to hold the election.
18 June 2022, 11:29 AM

Bank vendors can't be those of high-ups: Bangladesh Bank

Bangladesh Bank today asked banks to refrain from procuring goods and services from firms in which directors and high officials of the lenders have ownership, be it direct or indirect.
15 June 2022, 17:20 PM

ADB gives $250 million to boost social protection in Bangladesh

The government today signed an agreement with the Asian Development Bank (ADB) for a $250 million policy-based loan to further improve the social protection system in Bangladesh for supporting the vulnerable population against socioeconomic challenges.
14 June 2022, 11:18 AM

Banks asked to receive, resolve customer complaints

Bangladesh Bank today asked banks to seriously look into and resolve complaints of clients over their financial services so that none faces further hassles.
13 June 2022, 16:02 PM

‘Young urban slum women feel unsafe at open bathing spaces’

Adolescent girls and young women of urban slum areas feel unsafe while bathing at open bathing spaces, a survey of the Plan International finds.
13 June 2022, 15:49 PM

Midland Bank, USHA Foundation disburses loans to Narayanganj’s Jamdani cluster

Midland Bank Limited in collaboration with USHA Foundation, a nongovernmental organisation, disbursed loans directly to the customers of the Jamdani cluster in Narayanganj under cluster-based financing in the CMSME sector.
13 June 2022, 15:33 PM

Smart Electronics (Sony-Smart) opens flagship showroom at Jamuna Future Park

Smart Electronics Limited (Sony-Smart), a concern of Smart Technologies (BD) Ltd and official distributor of Japanese Sony, has opened a flagship showroom at Jamuna Future Park in Dhaka, as part of the company’s countrywide expansion plan.
13 June 2022, 15:19 PM

Taka falls again, 1 USD now Tk 92.5

The local currency today depreciated further against the US dollar, hitting Tk 92.50 for each greenback in the interbank platform.
13 June 2022, 14:21 PM

Shakawath Hossain reappointed as CEO of Unique Hotel & Resorts

Shakawath Hossain has been reappointed as the chief executive officer (CEO) of Unique Hotel & Resorts PLC, the owning company of the Westin Dhaka, Sheraton Dhaka and HANSA, a premium residence.
13 June 2022, 14:13 PM

IBFB criticises move to give amnesty to black money

The regular taxpayers will feel discouraged if there remains an option to whiten money by paying only 7 per cent tax, said Humayun Rashid, president of IBFB.
13 June 2022, 13:10 PM

‘Ensure simple tax measures to attract FDI’

Simplification of tax administration and proper infrastructure development are needed to attract more foreign direct investment (FDI) in Bangladesh, analysts said in a roundtable today.
12 June 2022, 15:50 PM

Shakib’s Monarch Mart will sell products of Shwapno

Ace Cricketer Shakib Al Hasan’s e-commerce platform Monarch Mart will now sell products of leading Bangladeshi retail chain Shwapno.
12 June 2022, 15:03 PM

GP, Robi, Banglalink, Teletalk fined Tk 7.65 crore for illegal VoIP

The Bangladesh Telecom Regulatory Commission (BTRC) fined state-run Teletalk Tk 5 crore, Robi Axiata Tk 2 crore, Grameenphone Tk 50 lakh and Banglalink Tk 15 lakh.
12 June 2022, 13:24 PM

BEOL wins Great Place to Work certification

This is the first time, assessment for GPTW held with BEOL, the company said in a statement today.
12 June 2022, 12:17 PM