Govt cuts interest rates on savings certificates

The government has reduced the interest rates on savings certificates and wage earners development bond by 1 to 3 per cent.
21 September 2021

Stocks begin rising again

The stock market continued rising again for the second consecutive day with the prime index of the Dhaka bourse hitting its highest ever points level today.
21 September 2021

Daraz relaunches dMart to give discounts to customers

E-commerce platform Daraz Bangladesh relaunched its campaign dMart from today to give customers a special opportunity to grab daily essentials conveniently.
21 September 2021

SBAC Bank chairman Hossain steps down citing illness

SM Amjad Hossain, chairman of South Bangla Agriculture and Commerce Bank, has expressed his intention to resign, citing illness.
21 September 2021

IT freelancers, tea exporters to get cash incentive

Freelancers who work to export software and IT enabled services are going to get 4 per cent cash incentive along with exporters of locally grown tea, bicycle and parts, steel products and cement sheets in the current fiscal year.
20 September 2021

Chorus of complaints against rogue e-commerce firms

Lured by hefty discounts at e-commerce platform Eorange, Md Sahedul Islam, a private firm employee with a Tk 15,000 monthly income, borrowed Tk 13 lakh from family members, relatives and colleagues to make advance payments for five motorcycles in May and another three in June.  
20 September 2021

E-orange CEO, 2 ex-owners held

The CEO of e-commerce site E-orange and two former owners of the company were recorded as arrested yesterday in a case filed over the embezzlement of around Tk 76.41 lakh.
20 September 2021

Evaly CEO tells cops he committed no crime

Evaly has liabilities of upwards of Tk 700 crore to its customers and about Tk 250 crore to vendors, Mohammad Rassel, chief executive officer of the controversial e-commerce platform, told investigators.
20 September 2021

Rogue e-commerce Sites: HC blasts govt for delayed action

The High Court yesterday pilloried the government for its failure to take action in good time against companies that embezzled people’s money.
20 September 2021

Market diversification key to RMG growth

The year 2021 is a significant one for Bangladesh as the country is celebrating its 50th year of independence.
20 September 2021

2,080 tonnes of hilsa going to India

The commerce ministry yesterday gave go-ahead to 52 companies to export 2,080 tonnes of hilsa fish to India by October 10 this year, as the Indian government wanted this popular fish from Bangladesh ahead of the Durga Puja, a religious festival for the Hindus.
20 September 2021

BB unveils guideline on non-banking assets

The Bangladesh Bank yesterday unveiled a guideline on non-banking assets to allow lenders to deal with the properties put up as collateral after borrowers default. 
20 September 2021

Stock turnover dips but index rebounds

The Dhaka bourse yesterday witnessed the lowest turnover in the past 18 days despite its index having bounced back.
20 September 2021

IFC to invest $2.5m in Truck Lagbe

International Finance Corporation (IFC) is going to invest $2.5 million in online platform Truck Lagbe to connect people and corporate customers with truck owners and drivers through an app and a website in Bangladesh.
20 September 2021

Loan write-offs pick up

Write-off loans rose slightly in the second quarter of 2021, although they remain at the lower level thanks to the eases of rules because of the coronavirus pandemic.
20 September 2021

Bangladesh to export 2,080 tonnes of hilsha to India

The commerce ministry today gave go-ahead to 52 companies to export 2,080 tonnes of hilsa fish to India by October 10 this year, as the Indian government wanted this special variety of fish from Bangladesh ahead of the Durga Puja, a religious festival for Hindu people.
20 September 2021

'Bangladesh has potential to attract more Saudi investment'

Saudi Investment Minister Khalid Al-Falih said Bangladesh has an investment-friendly climate and there is potential for more Saudi investment in the south Asian country.
20 September 2021

Turnover at Dhaka bourse hits 18-day low

Turnover at the Dhaka bourse hit an 18-day low today although its index bounced back adding 14 points.
20 September 2021

Puma to open another store in Dhaka's Dhanmondi 27

Just two years after opening its doors for Bangladeshi customers, German sportswear giant Puma is going to expand its reach further in the country.
20 September 2021

IFC invests $2.5 million in digital trucking platform Truck Lagbe

The International Finance Corporation (IFC) is going to invest $2.5 million in the digital trucking platform, Truck Lagbe, to connect people and corporate customers with truck owners and drivers through an app and a website in Bangladesh.
20 September 2021