Safety in non-RMG factories on the wane

Industrial safety in the non-garment sector has been deteriorating day by day, said the Centre for Policy Dialogue (CPD) yesterday.
13 January 2022

Digital payment takes a giant leap

Mohammad Polash, an owner of a food cart in Mohammadpur’s Town Hall market, opened a micro-merchant account with bKash a month ago.
13 January 2022

EPZ to be set up in Patuakhali

Work is underway to set up an export processing zone (EPZ) in Patuakhali centering the Payra sea port.
13 January 2022

Bangladesh to be 24th largest economy by 2030

Bangladesh is expected to become the 24th largest economy in the world by 2030 despite a rise in poverty, unemployment and income losses because of the severe impacts of the Covid-19 pandemic, according to a government report.
13 January 2022

Bangladesh to be 24th largest economy by 2030: Report

Bangladesh is expected to become the 24th largest economy in the world by 2030 despite a rise in poverty, unemployment and income losses because of the severe impacts of the Covid-19 pandemic, according to a government report.
13 January 2022

This year’s cotton import to cross 9m bales, a record: BTMA president

Bangladesh will for the first time import 9 million bales of cotton this year thanks to the sudden rise in demand for yarn and fabrics, said Mohammad Ali Khokon, president of Bangladesh Textile Mills Association (BTMA).
13 January 2022

National Bank fined Tk 55 lakh for credit card anomaly

The Bangladesh Bank has fined National Bank Tk 55 lakh as it tried to conceal loan related information of 11 persons, which is a gross violation of the banking rules.
13 January 2022

Prioritise power transmission: ICCB

Experts suggest giving top priority to improving power transmission and distribution alongside on shore and offshore gas and oil exploration, as Bangladesh will need an estimated 34,000MW of power by 2030 to sustain economic growth of over 7 per cent.
12 January 2022

Citi to exit consumer banking in Mexico

Citi announced Tuesday it will exit its Mexican consumer banking business, the latest reorganization effort to steer the US financial heavyweight towards higher-return ventures.
12 January 2022

Kamal rules out major exchange rate fluctuation

The US dollar will not fluctuate much in Bangladesh despite worries expressed by market operators as the rate is set under a floating exchange rate regime, not by the government, said Finance Minister AHM Mustafa Kamal yesterday.
12 January 2022

Economy to grow 6.9pc next fiscal year: WB

Bangladesh’s economy is projected to grow 6.9 per cent in fiscal year 2022-23 thanks to strong export growth and a rebound in domestic demand, the World Bank (WB) said in its Global Economic Prospects released on Tuesday.
12 January 2022

NBR hunts for fake cigarette band rolls

The Customs House Chattogram (CHC) and the VAT Intelligence have already conducted several investigations to find the destination of fake cigarette band rolls that dodged the eyes of authorities.
12 January 2022

Keep economy open: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday called upon the government to increase public awareness on Covid-19 rather than imposing another lockdown in a bid to curb the third wave of infections.
12 January 2022

Southeast Bank fined again

The Bangladesh Bank has imposed a fine of Tk 21.50 lakh on Southeast Bank after it failed to bring down its excessive investment in a single stock within the regulatory limit.
12 January 2022

Central bank asked to start giving refunds to Qcoom customers

The Digital Commerce Cell (DCC) today asked Bangladesh Bank (BB) to start giving refunds of the money stuck in payment gateways since July 1 last year that was paid by the customers of Qcoom.
12 January 2022

Don’t impose lockdown, raise safety awareness instead: FBCCI president

The government should increase public awareness instead of imposing lockdowns in Bangladesh to handle the third wave of the Covid-19 pandemic, Md Jasim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said today.
12 January 2022

Bangladesh to grow 6.9% in 2022-23: World Bank

Bangladesh’s economy is projected to grow 6.9 per cent in fiscal year 2022-23 thanks to strong export growth and a rebound in domestic demand, the World Bank (WB) said in its Global Economic Prospects released yesterday.
12 January 2022

Govt to buy 90,000 tonnes of diesel from India: Kamal

The cabinet committee on public purchase today gave go ahead to the import of 90,000 tonnes of diesel from India's Numaligarh.
12 January 2022

$80 billion in export earnings set for 2021-24: Kamal

The government has set a target to hit $80 billion in export earnings in the latest Export Policy for 2021-2024, Finance Minister AHM Mustafa Kamal said today.
12 January 2022

Bangladesh to make own brand of cars

Bangladesh  will manufacture its own brand of cars through state-run Pragoti  Industries which currently assembles vehicles of Japanese brand  Mitsubishi, said Industries Minister Nurul Majid Mahmud Humayun  yesterday.
11 January 2022