Bancassurance set to give much-needed fillip to insurance sector

The government has taken an initiative to roll out bancassurance for the first time in the country with a view to bringing ordinary citizens under insurance coverage through banks.
23 February 2022

Dettol, Harpic enabling hygiene at book fair

Visitors’ hands are being sanitised at entrances while toilets kept clean at Amar Ekushey Book Fair-2022 by its official hygiene partners Dettol and Harpic, brands of Reckitt Benckiser Bangladesh.
23 February 2022

Brac Bank to train CMSME entrepreneurs

Brac Bank will host a special training programme for the new and upcoming entrepreneurs in cottage, micro, small and medium enterprises (CMSMEs) to help them hone business knowledge and managerial skills so that they can run businesses properly.
23 February 2022

Bangladesh’s developing economy makes it attractive to Chinese investors: Ambassador Li

Chinese Ambassador to Bangladesh Li Jiming has said the rapidly developing economy of Bangladesh is an attractive investment destination for Chinese investors.
23 February 2022

Land ready for Japanese investors in Araihazar: Kamal

The development of 1,000 acres of land in Araihazar of Narayanganj has been completed for Japanese investors, Finance Minister AHM Mustafa Kamal said today.
23 February 2022

Stocks bounce back after 3 days

Stocks bounced back today after declining for three consecutive days.
23 February 2022

Pension for all over 60 within one year: Finance Minister

A universal pension scheme for citizens of Bangladesh will be launched in six months-one year, Finance Minister AHM Mustafa Kamal said today.
23 February 2022

Sri Lanka inflation hits record high

Sri Lanka’s inflation hit a record high for the fourth consecutive month, official data showed Tuesday as an economic crisis driven by a crippling foreign exchange shortage worsens.
22 February 2022

UCB to form subsidiary in Singapore

United Commercial Bank (UCB) has decided to form a subsidiary in Singapore to acquire a remittance business.
22 February 2022

BD-Kuwait JV to set up lube oil blending plant

The Bangladesh Export Processing Zones Authority (Bepza) yesterday signed a land lease agreement with a Kuwait-Bangladeshi joint venture that will set up a lubricating oil blending plant in its economic zone.
22 February 2022

Dhaka stocks, turnover drop despite receding Covid-19

Shares listed on the Dhaka Stock Exchange (DSE) fell yesterday while daily turnover, a key indicator of the market, dropped below Tk 1,000 crore for the first time in about two months.
22 February 2022

Time to raise awareness about benefits of Bondhu Chula

In a recent report, The Daily Star presented the success story of several small-scale entrepreneurs producing and marketing improved cook stoves (ICS), commonly known as Bondhu Chula (Friend Stove).
22 February 2022

Waive tax on imported goods, services

The owners of hotels, motels, resorts and guesthouses in Bangladesh yesterday demanded tax waivers on the goods imported and services rendered by their businesses in order to develop the local tourism sector and attract more foreign travellers.
22 February 2022

PM for finding ways to phase out subsidies

Prime Minister Sheikh Hasina yesterday strictly directed the ministries to find ways to gradually get rid of the huge amount of subsidies that have to be spent for various sectors.
22 February 2022

ACC seeks account details of Agrani MD, spouse

The Anti-Corruption Commission (ACC) has asked banks to submit by today information pertaining to accounts of Agrani Bank Managing Director Mohammad Shams-Ul Islam and his spouse Nasrin Hasan Chowdhury.
22 February 2022

More relief for mobile users on the way

The telecom regulator is set to bring massive changes to mobile data and other packages, a move that will cut the number of offers and enable customers to carry forward their unused data of the current deal to the next one.
22 February 2022

Apparel exports to China dwindle

Although Bangladesh’s overall export earnings from China increased 9.81 per cent year-on-year to $426.14 million in the last seven months, apparel shipments to the East Asian nation failed to meet expectations despite enjoying duty benefits.
22 February 2022

FBCCI, VCPEAB to develop startup ecosystem

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Venture Capital & Private Equity Association of Bangladesh (VCPEAB) will work together to develop startups, and attract local and foreign venture capital investment.
22 February 2022

BSCIC firms lament absence of direct road connectivity

Annually churning out some Tk 65 crore worth of products, businesses at the industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Pirojpur are incurring extra expenses for the lack of direct road connectivity.
22 February 2022

Index, turnover fall at Dhaka Stock Exchange

The turnover of the Dhaka Stock Exchange (DSE) dropped below Tk 1,000 crore today, for the first time in nearly two months.
22 February 2022