The  proposed budget for the next fiscal year does not properly address how  the government will face challenges in inflation and the energy sector,  according to the International Business Forum of Bangladesh (IBFB).

Mobile financial service provider upay has recently signed an agreement with Northern Electricity Supply Company (Nesco).

LankaBangla Securities has signed a memorandum of understanding with Chartered Life Insurance Company making beneficiary owners (BO) account holders eligible for insurance coverage in case of death and permanent disability.

Monetary and fiscal policies in Bangladesh should be framed in a way so that they work together to achieve the country’s inflation and macroeconomic targets, according to the South Asian Network on Economic Modeling (Sanem).

After Labaid Cardiac Hospital, LabAid Specialized Hospital became the second hospital in the country to receive the "NABH" international Accreditation. On the occasion, the certificate was handed over to Dr A.M. Shamim, Managing Director, Lab Aid Group, in a formal ceremony at the hospital. The "Special Service Week" for patients was inaugurated by cutting a cake to celebrate the international recognition of health services. Directors of Labaid group, specialist doctors, CEO of the hospital, medical directors and senior officials were also present on the occasion. The service week will start on June 2 and run till June 8.

Simplification of tax administration and proper infrastructure development are needed to attract more foreign direct investment (FDI) to Bangladesh, according to speakers at a roundtable on FDI prospects in view of the proposed national budget for the fiscal year of 2022-2023.

Midland Bank in collaboration with Usha Foundation, a non-government organisation, disbursed a loan of Tk 1 crore, out of Tk 4.50 crore, among 40 entrepreneurs of Jamdani Cluster in Narayanganj.

Standard Chartered Saadiq Bangladesh has won an award at Digital CX Awards 2022 in the category of digital customer experience across the financial services ecosystem.

Rokia Afzal Rahman, chairman of Arlinks, and AK Azad, managing director of Ha-Meem Group, have been re-elected vice-presidents of the International Chamber of Commerce Bangladesh for a two-year term (April 2022 to March 2024).

Jamuna Bank Ltd recently signed an agreement with the Bangladesh Bridge Authority for the money management of the toll to be collected at the Padma Multipurpose Bridge.

Islami Bank Bangladesh Ltd (IBBL) recently signed a memorandum of understanding with BRB Hospitals enabling up to 25 per cent discount at the hospital for the bank’s cardholders, officials and their family members.

France-based pharmaceutical manufacturer Servier has launched a medication in Bangladesh that treats high blood pressure.

Eastern Bank has launched a co-brand credit card with Dhaka Stock Exchange (DSE) and Visa exclusively for the stock market employees and its trading right entitlement certificate (TREC) holder companies.

The proposed reduction of the fine on businesses failing to pay value added tax (VAT) in the national budget for fiscal year 2022-23 will reduce operational costs, said The Institute of Chartered Accountants of Bangladesh (ICAB) yesterday. 

Concord has won the National Environment Medal-2022 for its contribution to environment protection and pollution control.

The leather industry cannot flourish properly depending only on the activities that take place during Eid-ul-Azha, Industries Minister Nurul Majid Mahmud Humayun said yesterday.

Chittagong Independent University (CIU) held its 10th meeting of 4th Board of Trustees (BoT) at CIU conference room on June 6, said a press release.

Dhaka Motor Show, where brand new cars and motorcycles will be on display, will take place between June 23 and 25 at the International Convention City Bashundhara (ICCB) in Dhaka.

City Bank’s credit ratings have recently been upgraded by the Credit Rating Agency of Bangladesh, the long term from AA2 to AA1 and the short term from ST-2 to ST-1.

The provisioning scenario of banks in Bangladesh further deteriorated in the first quarter of this year for an increase in default loans, an indication of the banking industry’s health having worsened.