Paperfly’s legal notice to Evaly seeks Tk 7 crore due

Tech-based logistics provider Paperfly has recently sent a legal notice to beleaguered e-commerce platform Evaly asking for the settlement of outstanding payments for delivery service charges of Tk 7 crore.
8 September 2021

DSE asked to find reasons behind junk stocks’ rising prices

The stock market regulator today asked the Dhaka bourse to submit a report about the reasons behind the skyrocketing prices of low-performing companies and junk stocks.
8 September 2021

SBAC Bank to enter merchant banking, asset management business

The South Bangla Agriculture and Commerce (SBAC) Bank has decided to launch two subsidiary companies to foray into merchant banking and asset management business.
8 September 2021

Dhaka stock index continues rising

Amid the drop of most of the listed companies' stock prices, the benchmark index of the Dhaka bourse today soared and broke its previous record.
8 September 2021

Swisscontact, Chevron deal to create skilled workforce

Swisscontact Bangladesh has recently signed an agreement with Chevron Bangladesh at The Westin Dhaka to establish a training institute in Sylhet to create skilled workforce and provide easy access to vocational training for youths under Sylhet City Corporation (SCC). 
7 September 2021

Jamuna Group retracts plan to invest in Evaly

Jamuna Group has retracted its plan to invest in Evaly after analysing the beleaguered e-commerce platform’s assets and liabilities and business strategy, said a top official of Jamuna Group yesterday.
7 September 2021

Pubali Bank, Bank Muscat in $52m deal

Pubali Bank has reached a syndicated loan facility agreement worth $52 million with Bank Muscat.  The facility will help Pubali Bank provide liquidity services to local banks and local import and export businesses and strengthen the country’s economic growth, generating up to $200 million of additional trade every year, says a press release.
7 September 2021

China’s economy gets welcome boost from strong Aug exports

China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its way through headwinds from several fronts. 
7 September 2021

Taro stolon a boon for Joypurhat farmers

Taro stolon, which is “Kochur Loti” in Bangla, has turned into a boon for farmers of Panchbibi upazila of Joypurhat as its consumption has slowly grown locally and internationally over the years.
7 September 2021

Ensure easy loan disbursement for SMEs

Structural reforms are needed to ensure quick and easy loan disbursements for the cottage and micro industry and small and medium enterprises (SME), according to speakers at a webinar yesterday.
7 September 2021

BB tells NBFIs to avoid unlicensed courier services

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) in the country to not transport any materials through unlicenced courier service companies.
7 September 2021

Stocks up for sixth straight day to hit fresh peaks

Shares on the Dhaka Stock Exchange (DSE) continued their upward movement yesterday, buoyed by investors’ cheerful participation, helping the key indices set new records.
7 September 2021

Customers suffer as Nagad blocks accounts alleging suspicious transactions

A number of customers of Nagad have alleged that they were facing troubles in carrying out transactions on their accounts as the mobile financial service provider has suspended them on suspicion of unusual transactions with e-commerce platforms.
7 September 2021

Beximco gets more time to raise fund through Sukuk

The stock market regulator has again extended the time for Beximco till September 30 to raise Tk 3,000 crore through Sukuk bonds as it failed to attract investors.
7 September 2021

Govt mulls policy on food delivery

With the demand for food delivery through online purchase growing fast, the government is planning to frame a policy in order to streamline the business and protect interests of all the actors in the chain, including customers and suppliers.
7 September 2021

Ensure easy loan disbursement for SMEs: experts at DCCI, SME Foundation webinar

Structural reforms are needed for easy loan disbursement for the Cottage, Micro, Small and Medium Enterprises (CMSMEs), speakers said at a webinar today.
7 September 2021

NBFIs asked to stop taking services from unlicensed couriers

Bangladesh Bank today asked non-bank financial institutions (NBFIs) to stop taking services from unlicensed courier companies.
7 September 2021

DSE index keeps rising

The benchmark index of Dhaka Stock Exchange continued increasing and reaching new heights amid buoyancy of investors.
7 September 2021

Subscription period for Beximco's sukuk extended till Sep 30

The stock market regulator has again extended the subscription period for Beximco's sukuk till September 30 as it failed to attract general investors.
7 September 2021

Jamuna Group cancels plan to invest in Evaly

Jamuna Group has decided to cancel its plan to invest in controversial ecommerce platform Evaly, said a top official of Jamnua Group today.
7 September 2021