Dhaka Bank joins ADB’s trade and supply chain finance programme

Dhaka Bank Limited has recently signed an agreement with Asian Development Bank (ADB) to engage in the latter’s Trade and Supply Chain Finance Programme (TSCFP) as a confirming bank to expand its trade facilities.
28 September 2021

Central bank digital currencies can cut cross border payment time

Central bank digital currencies (CBDCs) can slash the time needed for cross border payments to seconds from days and cut costs, the Bank of International Settlements (BIS) said, citing a pilot scheme to test the digital forms of fiat currencies.
28 September 2021

Bangabandhu Shilpa Nagar: a visionary industrial enterprise

The joy and gratification for making dreams into reality are enticing. In the golden jubilee year of independence, one can speak of a creative and visionary industrial entrepreneurship for the socio-economic development of Bangladesh that will build the future of the country.
28 September 2021

Timber trader finds fortune in dragon fruit farming

Surat Ali, a middle-aged farmer based in Khulna’s Jhenaidah district, is enjoying massive success from dragon fruit cultivation.
28 September 2021

NBR to check authenticity of firms’ audited financial reports

The field office of the value-added tax (VAT) and audit team of the tax administrator is going to examine the authenticity of audited financial statements submitted by companies along with their returns.
28 September 2021

Non-food inflation jumps

Overall inflation rose 18 basis points to 5.54 per cent in August owing to the rise in demand and the abnormal hike in transport cost following the reopening of the economy from the coronavirus-induced lockdowns, official figures showed.
28 September 2021

Allocate more for gender specific projects: experts

Experts yesterday underscored the need for greater allocation in the national budget for gender specific projects.
28 September 2021

Chinese FDI in Bangladesh sees huge jump

Foreign direct investment (FDI) from China to Bangladesh has jumped by about 200 per cent year-on-year to $418 million in the past seven months, according to Chinese ambassador Li Jiming.
28 September 2021

Set up a knowledge hub for efficient policymaking: CPD

The government should set up a knowledge hub that could be used by the relevant authorities to ensure efficient policymaking amid the ongoing coronavirus pandemic, according to the Centre for Policy Dialogue (CPD).
28 September 2021

NRB Bank deliberately loses Tk 103cr to favour stock gamblers

NRB Bank has incurred a loss of Tk 103 crore as it intentionally became involved in unethical trading practices in the stock market to favour gamblers, which weakened the financial health of the lender and put depositors’ money at risk.
28 September 2021

NBR to examine authenticity of firms’ audited financial statements

The field office of value added tax (VAT) and audit team is going to examine the authenticity of audited financial statements submitted by companies along with their returns.
28 September 2021

Bangladesh a new investment destination in Asia: Japanese envoy

Japanese companies consider Bangladesh as a new destination for investment in Asia, said Ito Naoki, ambassador of Japan to Bangladesh.
28 September 2021

Dhaka bourse hits record 7,297 points

The Dhaka stocks bounced back and hit its highest ever points level today thanks to the increased optimism among investors.
28 September 2021

No more investment in coal-based power plants in Bangladesh: Chinese envoy

China will not invest in coal-based power plants in Bangladesh anymore, Chinese Ambassador Li Jiming said today.
28 September 2021

Govt forms 16-member panel on e-commerce

The government today formed a 16-member committee to recommend measures to discipline the e-commerce sector, according to an order by the commerce ministry.
27 September 2021

Big promise, bigger deception

It calls its hefty discount offers tornado, typhoon, kalbaishakhi (Nor’wester), conflagration and Tufan (hurricane) and sells mobile phones, flats, cars and whatnot.
27 September 2021

Managing people through change

The world has changed. Radically new technologies, new forms of working, new customs, new standards, and the gamut of changes spurred on by the “new normal” have drastically changed the modern day workplace.
27 September 2021

Agent banking transactions see robust growth

Funds transacted through agent banking accounts rose 14.3 per cent year-on-year to Tk 32,523 crore in July as more and more people are joining the financial system using the new window, Bangladesh Bank data showed.
27 September 2021

Bangladesh to take part in Dubai expo

Bangladesh will showcase its 50 years of achievements to the world at an international expo in Dubai, Commerce Minister Tipu Munshi said yesterday.
27 September 2021

Stocks bounce back

Although the stock market bounced back yesterday after taking a tumble the day before, turnover fell as a result of how investors are behaving, according to analysts.
27 September 2021