International Beverages wins National Productivity and Quality Excellence Award 2020 for first time

International Beverages Private Limited, a subsidiary of The Coca-Cola Company, has recently been awarded the National Productivity and Quality Excellence Award 2020 for the first time.
30 May 2022, 11:12 AM

Stocks rise for third day

Stocks in Bangladesh continued to rise today for the third consecutive day, but a selling spree at the last moment restricted the index to make a big jump.
30 May 2022, 11:00 AM

64 traders fined Tk 9 lakh for consumer rights violation

The Directorate of National Consumers Right Protection (DNCRP) today fined 64 traders Tk 9.18 lakh across the country for their failure to protect consumers’ rights.
29 May 2022, 14:32 PM

Daraz Bangladesh, Swisscontact team up to support growth of MSMEs

Under this partnership, Daraz Bangladesh will educate MSMEs on e-commerce and assist them in setting up and maintaining digital shops in social media channels such as Facebook, Instagram, etc.
29 May 2022, 14:10 PM

Bangladesh Bank raises interest rate

Bangladesh Bank today increased its policy rate by 25 basis points in a major development that is likely to make credit costly and curb inflation.
29 May 2022, 14:00 PM

Internet bandwidth usage rises 513 times in 14 years: BTRC chairman

Bandwidth use increased by 513 times in the country in the last 14 years, said Shyam Sunder Sikder, chairman of Bangladesh Telecommunication Regulatory Commission (BTRC).
29 May 2022, 13:42 PM

Taka depreciates again: USD 1 now Tk 89

The Bangladesh Bank today depreciated taka by 1.25 per cent to Tk 89 per US dollar hours after banks suggested depreciating the local currency by Tk 2.
29 May 2022, 12:28 PM

Banks want taka to be devalued by Tk 2

Banks today recommended depreciating the local currency by nearly Tk 2 against the US dollar as they submitted their proposed interbank exchange rates of the taka to the central bank.
29 May 2022, 11:11 AM

‘Bangladesh facing biggest macroeconomic challenge in a decade’

The country is facing the biggest macroeconomic challenge in the last one decade, said Selim Raihan, executive director of the South Asian Network on Economic Modeling (Sanem).
28 May 2022, 12:25 PM

Coca-Cola extends support to women in Mymensingh for financial independence

Coca-Cola International Beverages Private Limited (IBPL) handed over 30 sewing machines to deputy commissioner of Mymensingh for economic empowerment of marginalised women in the district on May 23.
28 May 2022, 11:44 AM

Gold prices drop in local market

Local jewellers today reduced gold prices by Tk 2,916 to Tk 79,548 a bhori or 11.664 gram as the prices of the precious metal fell on the global market.
26 May 2022, 15:04 PM

Forex market volatility: Banks to suggest uniform exchange rates

The Bangladesh Bank today asked banks to suggest uniform exchange rates of the taka against the US dollar in order to bring back the stability in the country’s foreign exchange market.
26 May 2022, 14:05 PM

Tk 2,000 crore refinance scheme for shipbuilding industry

Bangladesh Bank has formed a Tk 2,000 crore refinance scheme to ensure sustainable development of the shipping industry, increase export earnings and employment and gradually reduce import dependence.
26 May 2022, 12:45 PM

South Korean HKD Group to invest $35 million in Bepza economic zone

South Korean company HKD Bangladesh Ltd is going to establish an industry to manufacture tent, tent accessories, camping furniture and camping equipment in Bepza Economic Zone.
26 May 2022, 12:15 PM

Daraz, BD Recycle Technologies team up for effective waste management

Leading online marketplace Daraz Bangladesh has recently joined hands with BD Recycle Technologies Ltd (BRTL) for effective waste management.
25 May 2022, 14:39 PM

Forex volatility: Bangladesh Bank to sit with bankers' group tomorrow

The Bangladesh Bank will sit with the Association of Bankers, Bangladesh (ABB) tomorrow to discuss the ongoing foreign exchange volatility in the country's banking sector.
25 May 2022, 12:40 PM

Stocks on a declining trend again

The prime index of the Dhaka Stock Exchange (DSE) continued to fall for the second consecutive day while its turnover also fell to Tk 500 crore level as the panicked investors went for selling shares.
25 May 2022, 10:31 AM

Loan waivers: Rules relaxed for influential borrowers

Bangladesh Bank yesterday said that private banks would be able to waive the interest of borrowers whose funds have been transferred to the lenders’ income segment, relaxing its previous stance in order to facilitate influential defaulters.
25 May 2022, 04:00 AM

Chapainawabganj, Rajshahi can use GI tags for Fazli mango branding

Chapainawabganj and Rajshahi today secured their names as producing regions of Fazli mango meaning that the northern districts will be able to use its Geographical Indication (GI) tag, which will enable growers to brand the popular mango better at home and abroad.
24 May 2022, 14:04 PM

30 investors claim Firstlead Securities swindled Tk 10 crore

The investors came up with the allegation in a press briefing at the office of the Capital Market Journalists’ Forum in Dhaka.
24 May 2022, 11:50 AM