Brac Bank, Link3 Tech sign payment gateway agreement

Brac Bank Ltd has signed an agreement with Link3 Technologies Ltd recently to deploy the bank’s payment gateway in online platform of the IT solutions provider.
8 December 2021

Indigenous foods winning hearts

Growing popularity of food items native to Chittagong Hill Tracts has created an opportunity for indigenous people in the area to become entrepreneurs.
8 December 2021

Stocks plunge as no headway in BB-BSEC row

Shares on the Dhaka Stock Exchange plunged yesterday, ending a five-session gaining streak after shaky investors booked profit as little headway was made to resolve the dispute between the Bangladesh Securities and Exchange Commission (BSEC) and the central bank.
8 December 2021

HSBC structures gender equality indexed loan for DBL Group

HSBC Bangladesh has structured a sustainability linked loan targeting the fifth Sustainable Development Goal of gender equality, for DBL Group, one of the largest knit garment manufacturers and exporters in the country.
8 December 2021

Gig workers underpaid

Workers at ride-sharing and food delivery platforms in Bangladesh often work in dangerous condition and face high levels of insecurity and their income falls short of the living wage threshold, found a new study.
8 December 2021

Alesha Mart now wants Tk 300cr loan

Having already taken huge amounts in advance payments pledging hefty discounts and now limping to deliver products or refunds, Alesha Mart has now requested the commerce ministry to help secure a Tk 300 crore loan.
8 December 2021

Trade deficit swells

Bangladesh’s trade deficit escalated 160 per cent in the first four months of the ongoing fiscal year in the wake of a surge in import payments against lower exports earnings.
8 December 2021

Big push for solar, waste-based power

The government yesterday gave a big push to its renewable energy and waste-based power generation drive as it approved five projects with a combined electricity production capacity of 223.5 megawatts.
8 December 2021

Govt readies rules to pave way for electric vehicles

The government is set to remove all complexities for the registration and operation of electric vehicles in Bangladesh as the Road Transport and Bridges Ministry has prepared a guideline in this regard.
7 December 2021

Weak institutions barrier to development

Despite impressive economic growth and development performance over the past few decades, Bangladesh has failed to build its institutional capacities – a failure that may prevent it from making the LDC graduation smooth and achieving the Sustainable Development Goals, said economists yesterday.
7 December 2021

Consumers Association re-elects top brass

Ghulam Rahman, former chairman of Anti-Corruption Commission (ACC), and Humayun Kabir Bhuiyan have been re-elected as president and general secretary of the Consumers Association of Bangladesh (Cab).
7 December 2021

MFS helping Bangladesh become digital economy

Vision 2021, commonly known as Digital Bangladesh, one of the long-term socioeconomic development goals of the country, was unveiled more than a decade ago, and initiatives were taken accordingly by the government.
7 December 2021

25 firms face BSEC ultimatum on holding minimum shares

The Bangladesh Securities and Exchange Commission (BSEC) has again taken strict stance, giving a 30-day ultimatum to 25 listed company directors to maintain the regulation for holding the minimum number of shares.
7 December 2021

Pubali Bank’s Tk 500cr bond gets nod

The Bangladesh Securities and Exchange Commission yesterday gave the go-ahead to Pubali Bank’s perpetual bond worth Tk 500 crore.
7 December 2021

Stocks keep soaring, cross 7,000 points again

The domestic stock market maintained its gaining streak for a fifth consecutive day yesterday thanks to higher investor participation.
7 December 2021

Ecnec approves 10 projects

The Executive Committee of the National Economic Council (Ecnec) yesterday approved 10 development projects, half of which were revisions.
7 December 2021

Noab seeks FBCCI help in fighting Covid fallout

The Newspapers Owners’ Association of Bangladesh (Noab) yesterday sought cooperation from the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to resolve the industry’s many challenges stemming from the pandemic’s severe fallout.
7 December 2021

Pubali Bank’s Tk 500 crore perpetual bond gets go-ahead

Bangladesh Securities and Exchange Commission (BSEC) today gave go-ahead to the Pubali Bank's perpetual bond worth Tk 500 crore.
7 December 2021

Stocks continue soaring again

Bangladesh stock market continued to soar for the fourth consecutive day today amid higher participation of investors.
7 December 2021

25 firms warned for minimum shareholding failure

Bangladesh Securities and Exchange Commission (BSEC) gave an ultimatum to 25 companies to hold at least 30 per cent of shares for one month.
7 December 2021