Pension for all: Strategic paper presented to PM

Prime Minister Sheikh Hasina has given instruction to the Finance Division to enact a law -- on an emergency basis -- for introducing pension for all citizens of the country.
17 February 2022

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

Dhaka stocks bleed massively

The stock market bled massively today as the central bank has recently fixed the instruments for stock market investment of the non-bank financial institutions.
17 February 2022

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

Bank Asia wins SAFA first prize, award

Bank Asia won the first prize for “Best Presented Annual Report 2020 (Private Sector Banks)” in South Asia alongside a “SAARC Anniversary Award for Corporate Governance Disclosures 2020” awarded by the South Asian Federation of Accountants (SAFA).
16 February 2022

HSBC introduces Bangladesh’s first SLP-based financing

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has introduced the country’s first Social Loan Principles (SLP) based financing for Thengamara Mohila Sabuj Sangha (TMSS), one of the largest microfinance institutions in the country.
16 February 2022

Establish charging station networks to ramp up EV adoption

Speakers yesterday emphasised establishing infrastructure for charging station networks so that electric vehicles (EV) may replace their fossil fuel-powered counterparts by 2030.
16 February 2022

NLI First Mutual Fund to be open-ended

When most asset management companies in Bangladesh try to extend the tenure of closed-end mutual funds to retain them, VIPB Asset Management Company has decided to convert its fund into open-ended.
16 February 2022

Ctg holds potential as next ‘global industrial hub’

Chattogram, preparing to become the country’s trade and investment growth engine, offers immense business prospects for Japanese investors as it bridges South Asia and Southeast Asia, analysts told a webinar yesterday.
16 February 2022

Stocks rebound after two days of losses

Shares on the Dhaka Stock Exchange (DSE) returned to the positive territory yesterday after falling for two days.
16 February 2022

Land acquisition for Patuakhali EPZ underway

The Patuakhali district administration has initiated the process of acquiring about 410 acres of land to establish an export processing zone (EPZ) in Pocha Koralia mouza in Auliapur union under the sadar upazila.
16 February 2022

Pubali Bank steps up efforts to grow digitally

The presence of vibrant corporate governance and adoption of technology-driven means have helped Pubali Bank go from strength to strength in widening its banking operations.
16 February 2022

EU to support Bangladesh for sustainable LDC graduation

The European Union will keep supporting Bangladesh to help the South Asian country make sustainable graduation from the grouping of least-developed countries.
16 February 2022

Online sales take off ahead of Ekushey Book Fair

Although Amar Ekushey Book Fair-2022 began on Tuesday after being deferred for half-a-month due to the surge of Covid-19 infections, readers have already started purchasing the books published targeting the annual event thanks to online platforms.
16 February 2022

Hardship persists for households as food prices keep rising

Amid soaring prices of food, products and services, inflation in Bangladesh fell to 5.86 per cent in January, the first decline in six months, official data showed yesterday.
16 February 2022

Govt to amend procurement rules

A high-level government committee yesterday suggested 11 proposals for amending the procurement rules, including making it mandatory for foreign firms to form joint ventures with local bidders when it comes to fulfilling government procurement rules.
16 February 2022

Seven NBFIs risk losing Tk 2,050cr for anomalies

Seven non-bank financial institutions (NBFIs) are now finding it difficult to recover Tk 2,050 crore they had lent to their subsidiaries and associates in breach of rules.
16 February 2022

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

EU to support Bangladesh for sustainable LDC graduation: EU envoy

The European Union (EU) will continue providing Bangladesh with its support and assistance to help the south Asian country achieve sustainable graduation from the least developed country (LDC) category.
16 February 2022

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