BSEC approves preference shares of Premier Cement

Bangladesh Securities and Exchange Commission (BSEC) has approved preference shares of Premier Cement Mills.
8 February 2022

Bangladesh posts 6.94% GDP growth in FY21

Bangladesh’s gross domestic product (GDP) grew 6.94 per cent in the fiscal year 2021.
8 February 2022

Dhaka stocks bounce back

The share prices in Dhaka Stock Exchange bounced back today just after experiencing fall for a day.
8 February 2022

Nihad Kabir joins BUILD as chairperson

Nihad Kabir, a senior advocate and a former president of the Metropolitan Chamber of Commerce and Industry (MCCI), has taken over as the chairperson of the trustee board of the Business Initiative Leading Development (BUILD) for 2022-23.
7 February 2022

AIBL gets remittance award

Al-Arafah Islami Bank Ltd has recently won a remittance award from the Centre for NRB, a non-profit organisation for non-resident Bangladeshis, as one of the top 10 banks through which the highest amount of remittance passed in 2021.
7 February 2022

NCC Bank wins remittance award

NCC Bank has recently won a “Remittance Award-2022” from the Centre for NRB, a non-profit organisation for non-resident Bangladeshis, for its remittance services.
7 February 2022

Lessons learned to reshape the future

I took over as head of treasury and a country senior team member in the then ANZ Grindlays Bank in early 1988 and since then worked as a senior executive in three global banks at home and abroad.
7 February 2022

Tulip gardens in Panchagarh can boost regional economy, tourism

A remote village in Panchagarh’s Tentulia upazila is now abuzz with visitors from various parts of Bangladesh after eight farmers harvested high-value tulip flowers under a pilot scheme.  
7 February 2022

Team Group targets $1b export by 2026 Ships garments, medicines

Team Group, a leading garment exporter, has targeted to export goods worth $1 billion by 2026, when Bangladesh is scheduled to officially make the United Nations status graduation from a least developed to a developing country.
7 February 2022

Stocks break four-day gaining streak

Stocks in the Dhaka bourse dropped yesterday after a four consecutive days’ rise as profit-taking tendencies prevailed among investors.
7 February 2022

HC questions BB stance on minimum salary

The High Court yesterday questioned the Bangladesh Bank’s decision on fixing Tk 28,000 as the minimum monthly salary for private banks’ entry level officials.
7 February 2022

Salary hike to bring intangible benefits for banks: ABB chair

The Association of Bankers, Bangladesh (ABB) thinks that the latest pay fixed by the central bank for entry-level officials will also bring intangible benefits for banks.
7 February 2022

Business confidence takes a hit from Omicron

Firms in Bangladesh feel that the economic recovery will be weaker than they had perceived earlier due to the adverse impacts of Omicron and the fuel price hike that raised the cost of doing business, according to a survey.
7 February 2022

Stocks break gaining streak

Stocks in Dhaka dropped today after rising for four consecutive days because of the profit-taking tendency of the investors.
7 February 2022

Firms recovered 60% of business compared to pre-pandemic level: Sanem

Firms in Bangladesh have recovered about 60 per cent of their business compared to the pre-pandemic levels, found a survey.
7 February 2022

Cut corporate tax by 2.5pc next fiscal year

The Dhaka Chamber of Commerce & Industry (DCCI) yesterday urged the government to cut the corporate tax rate by 2.5 percentage points in the next fiscal year to align it with the regional average rate.
6 February 2022

Cotton production scanty despite huge market

Cotton production in Bangladesh has been low as farmers prefer other cash crops to the white fibre, completely missing out on at least a $3 billion domestic market.
6 February 2022

Bank Asia holds Annual Business Meet 2022

Bank Asia virtually held a daylong “Annual Business Meet 2022” at Bank Asia Tower in Kawran Bazar, Dhaka on Saturday.
6 February 2022

Brac Bank employs 80 ‘YLP’ participants

Brac Bank has employed 80 graduate candidates under its recruitment initiative “Young Leaders’ Programme” (YLP) as a part of its business expansion plans to recruit 2,000 more people from public and private universities in 2022.
6 February 2022

Pubali Bank wins remittance award

Pubali Bank has been presented a “Top Ten Remittance Award 2022” by the Centre for NRB, a non-profit research organisation for non-resident Bangladeshis, for its contribution in collecting remittance.
6 February 2022