Banglalink secures Tk 1,200 crore syndicated term loan

Telecom operator Banglalink today signed an agreement with 17 banks in the country to secure a five-year syndicated term loan of Tk 1,200 crore.
26 April 2022

Dhaka stock rises slightly

The index of the Dhaka Stock Exchange (DSE) rose slightly although its blue-chip index dropped today.
26 April 2022

No limit on number of MFS transactions

Digital transactions in the country are set to get a boost as Bangladesh Bank has allowed customers to make an unlimited number of transactions through mobile financial services (MFSs).
25 April 2022

New direct shipping service in the offing

Another direct container shipping service between Chattogram and two European ports is going to be introduced next month while initiatives are underway for launching direct services connecting a few more destinations in the European Union (EU).
25 April 2022

Ha-Meem Group eyes $1b exports by 2024

Ha-Meem Group, one of the top textile and garment manufacturers in Bangladesh, is eyeing massive expansion to export $1 billion worth of apparel items by 2024, said its owner.
25 April 2022

Stocks break gaining streak

The stock index in Bangladesh yesterday broke out of a gaining streak of four sessions while turnover of Dhaka Stock Exchange (DSE) tumbled to reach less than Tk 600 crore.
25 April 2022

Pabna traders yet to get expected Eid sales

After enduring two years of coronavirus-induced losses, shopkeepers in Pabna were eying good sales in the ongoing month of Ramadan as people buy all types of goods as part of the Eid-ul-Fitr festival.
25 April 2022

Up to 500cc motorbikes can be made locally

The government has granted permission to manufacturers to produce bikes up to 500cc engine capacity, a move that is expected to give a huge boost to the motorcycle industry in Bangladesh and provide the scope to bike lovers to ride higher engine two-wheelers.
25 April 2022

Govt looking for new edible oil sources

The commerce ministry is going to recommend that the National Board of Revenue (NBR) reduce the import duty on canola, sunflower and olive oil to 10 per cent from the existing 32 per cent.
25 April 2022

Default loan rescheduling falls to 7-year low

Rescheduling of default loans fell to a seven-year low in 2021, riding on a moratorium extended by the Bangladesh Bank to protect borrowers from the economic shocks arising from the coronavirus pandemic.
25 April 2022

Xiaomi introduces Mi Notebook and RedmiBook laptops in Bangladesh

Xiaomi Bangladesh has recently launched two new laptop series’ for the first time in the country. Xiaomi has brought the Mi NoteBook series and the RedmiBook series laptops to the local market.
25 April 2022

Grameen Bank to sponsor Grameen Bank-Aims First Unit Fund

Grameen Bank has signed a deal with Sandhani Life Insurance Ltd to launch Grameen Bank-Aims First Unit Fund.
25 April 2022

Direct shipping service from Ctg to Barcelona, Rotterdam soon

Another direct container shipping service between Chattogram and two European ports is going to be introduced next month.
25 April 2022

No limit now on number of transactions through bKash, Nagad & others

Customers can now do unlimited transactions through mobile financial services (MFSs).
25 April 2022

Stocks fall after rising for four days

The prime index of the Dhaka Stock Exchange (DSE) broke the four days' gaining streak today while the turnover plummeted below the Tk 600 crore-level.
25 April 2022

Chinese company to invest $50m in Bepza economic zone

Chinese company Venus Beauty Ltd is going to set up a hair fashion accessories manufacturing industry in Bepza Economic Zone with an investment of $50 million.
25 April 2022

Indonesia's palm oil export ban leaves global buyers with no plan B

Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia's surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia's invasion of Ukraine.
25 April 2022

Bangladesh's digital land tax system receives global recognition

The Ministry of Land’s digital land development tax system has been selected as one of the champion projects of the World Summit on the Information Society (WSIS) 2022 contest.
25 April 2022

Bengal Cement to be used in elevated expressway

Bengal Cement recently signed an agreement with the company building the first elevated expressway in Dhaka to supply cement for the project.
24 April 2022

Khulna Power to sell 110MW plant

Khulna Power Company Limited (KPCL) is set to sell its 110 megawatt barge mounted power plant at a value of $15 million, according to a company statement posted on the Dhaka Stock Exchange (DSE) website yesterday.
24 April 2022