Prime Insurance holds branch conference

The officials of Prime Insurance Company presented and discussed strategies of the company at its Branch Managers’ Conference 2022 at Crystal Palace in Dhaka’s Gulshan Club on February 26.
28 February 2022, 08:54 AM

Crude jumps, stocks slip, rouble crashes to record low on tough Russian sanctions

Crude oil jumped while the rouble plunged nearly 30% to a record low on Monday after Western nations imposed tough new sanctions on Russia for its invasion of Ukraine, including blocking some banks from the SWIFT global payments system.
28 February 2022, 06:52 AM

Russia faces major disruptions to oil, commodities flows without SWIFT

Russian exports of all commodities from oil and metals to grains will be severely disrupted by fresh Western sanctions, dealing a blow to Russia's economy and hurting the West with a spike in prices and inflation, traders and analysts said.
27 February 2022, 15:43 PM

BBS should not ignore foreign survey data: state minister

The Bangladesh Bureau of Statistics (BBS) should remain updated, deliver data on time and keep an eye on the foreign survey to ensure global branding of the country, State Minister for Planning Shamsul Alam said today.
27 February 2022, 12:30 PM

Junaid Kamal Ahmad, new vice president of World Bank Group’s MIGA

Junaid Kamal Ahmad has been appointed as the vice president for operations of the Multilateral Investment Guarantee Agency (MIGA), one of the five organisations under the World Bank Group, with effect from April 16 this year. 
27 February 2022, 11:23 AM

Stocks hit two-month low

Dhaka stocks bled massively and hit a two-month low today due to heavy sell pressure from the investors amid rising tension of global oil prices.
27 February 2022, 10:27 AM

Don't impose duties on local goods in next fiscal: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the country’s revenue authority to avoid imposing any supplementary duty on locally produced goods in the next fiscal year.
26 February 2022, 14:46 PM

FBCCI to open UAE-Bangladesh Business Council

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is going to establish UAE and Bangladesh Joint Business Council in Dubai to tap the business and investment potential in Middle East, Africa and Europe.
26 February 2022, 10:49 AM

Momentum grows to ban Russia from SWIFT payment system

Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank payments system in a further round of sanctions aimed at halting Russia's invasion of Ukraine.
26 February 2022, 08:32 AM

GDP can't be the only indicator of development: Wahiduddin Mahmud

Not only the GDP growth rate, but also peoples’ wellbeing and the existing environmental situation should be considered as the indicators of development, Professor Wahiduddin Mahmud said today.
24 February 2022, 16:10 PM

Digital book archive Boichitra launched

A digital book archive titled Boichitra was launched yesterday, where books based on the liberation war and novels, poems, essays, children's literature, literature and books based on various other topics will be found.
17 February 2022, 12:58 PM

Swedish envoy praises Bangladeshi garment factories for going green

Swedish Ambassador Alexandra Berg von Linde today praised Bangladeshi companies for going green and expressed her desire to see Sweden’s green companies coming to the south Asian nation.
17 February 2022, 11:45 AM

Alesha Mart returns Tk 28 lakh to 10 customers on first day of refunding

E-commerce company Alesha Mart today started giving refunds to its consumers as per the guideline of the Digital Commerce Cell (DCC) formed by the commerce ministry.
17 February 2022, 08:58 AM

Grameenphone appoints new chief business officer

Grameenphone has appointed Dr Asif Naimur Rashid as the company's new chief business officer (CBO) with effect from Apr 16 this year.
16 February 2022, 16:34 PM

e-CAB wants VAT on e-commerce office, house rents to be omitted

The e-Commerce Association of Bangladesh (e-CAB) today wants the value-added tax on the rents of any company’s office, warehouse, fulfilment centre and sorting houses to be abolished, as the cost affects the pricing of products also.
16 February 2022, 15:20 PM

Ctg offers huge business prospect for Japanese investors: experts

Japanese investors should invest in various potential sectors in Bangladesh, especially in Chattogram, which has become a trade and investment growth engine of the country because of the implementation of mega infrastructure projects and capacity enhancement of the sea port, analysts said today.
16 February 2022, 12:43 PM

BB fixes capital market investment instruments for NBFIs

Bangladesh Bank today fixed the instruments which will be considered as stock market investment for non-bank financial institutions.
15 February 2022, 14:48 PM

NBFIs, govt entities can now also extend mobile financial services

Non-bank financial institutions and government entities can now extend mobile financial services (MFS) along with banks, according to a Bangladesh Bank circular released today.
15 February 2022, 13:56 PM

Harvested rainwater meets 60% demand for non-drinkable water in RMG: study

The harvested rainwater meets minimum 15 per cent and up to 60 per cent demand for non-drinkable water in the textile and garment factories, which is helpful for greening the industry and cutting its overdependence on groundwater, a study finds.
15 February 2022, 12:17 PM

Rubana Huq, new vice chancellor of Asian University of Women

The Board of Trustees of the Asian University for Women (AUW) in Chattogram appointed Rubana Huq as the vice chancellor of the university with effect from today.
15 February 2022, 06:59 AM