HC asks mobile network providers to address slow internet

The High Court (HC) yesterday asked the country’s mobile network operators to resolve any problem regarding slow internet speeds.
5 September 2021

Krishibid Feed gets nod to raise fund from stock market

Krishibid Feed, a small and medium enterprise, today got nod to raise fund of Tk 22 crore from the stock market.
5 September 2021

BSEC gives nod to largest banking IPO

The stock market regulator today gave go-ahead to Union Bank to raise Tk 428 crore from the public, which will be the largest initial public offering (IPO) in the banking sector.
5 September 2021

Evaly’s liability to merchants Tk 206 crore

The liability of Evaly to its merchants stood at Tk 205.86 crore as of July 15, the beleaguered e-commerce company said in a reply to a show-cause notice issued by the commerce ministry.
5 September 2021

DSE index crosses 7,000 points -- highest ever

The Dhaka bourse soared to a new height today when its index crossed 7,000 points.
5 September 2021

Southeast Bank reelects chairman, vice chairperson

Southeast Bank has recently witnessed the reelection of its chairman and vice-chairperson at its 636th board meeting. 
4 September 2021

NCC Bank gets new chairman, vice-chairman

The National Credit and Commerce Bank has recently witnessed the appointment of a new chairman and a vice-chairman at a board of directors meeting. 
4 September 2021

Knot so true

It was 2013 that brought about a massive change in the local garment industry. Rana Plaza had collapsed and with around 1,132 lives lost in the incident, the entire nation suffered a sense of collective grief.
4 September 2021

BSEC working to boost investor confidence

If proper returns from the stock market can be ensured, people from all over will be encouraged to park their savings and remittance at the country’s bourses, according to Professor Shibli Rubayat Ul Islam, chairman of the Bangladesh Securities and Exchange Commission (BSEC).
4 September 2021

Nagad hands account info to law enforcers

Nagad, a mobile financial services wing of Bangladesh Post Office,  has provided to regulators and law enforcers the information of some accounts on suspicion of illegal  transactions with some e-commerce platforms.
4 September 2021

Soaring Tamijuddin Textile shares belie performance

Stocks of Tamijuddin Textile Mills have skyrocketed tenfold in a span of less than three months since it was relisted at the Dhaka bourse last June.
4 September 2021

Padma now seeks saviours abroad

Padma Bank has started looking for potential foreign investors, in keeping with its earlier wish to merge with a state lender to prevent its financial health from deteriorating further.
4 September 2021

Shrimp processors closing down

Bangladesh’s  frozen shrimp processing industry is struggling to survive as factories  are closing down one after another due to a lack of raw materials,  competition with cheaper white-leg shrimp vannamei in the export markets  and inadequate government support, according to the Bangladesh Frozen  Foods Exporters Association (BFFEA).
4 September 2021

'BSEC working to ensure return from listed firms'

All savings funds, including remittance, will come to the stock market if proper return from listed companies can be ensured, said Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat Ul Islam.
4 September 2021

Women entrepreneurs to get 30% of Tk 200cr incentive package: SME Foundation

The SME Foundation will disburse 30 per cent of the Tk 200-crore incentive package to the small and medium entrepreneurs run by women to recoup the losses of Covid-induced fallout.
4 September 2021

Mitsubishi Motors looks to set up plant in Bangladesh

Mitsubishi Motors yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study on establishing a production unit in Bangladesh by 2025 as the Japanese multinational automotive manufacturer looks to expand its footprint in South Asia.
2 September 2021

Nagad service points at every upazila

Nagad, the mobile financial service (MFS) wing of Bangladesh Post Office, has till date launched 599 service points, with at least one in every upazila of the country, to resolve problems faced by customers. 
2 September 2021

IDLC introduces MFS-based savings

IDLC Finance has launched a “digital savings scheme” through bKash accounts at its Gulshan corporate head office recently.
2 September 2021

US manufacturing grows but employment shrinks: survey

US factory activity continued to expand in August but manufacturers struggled with ongoing supply chain snarls while employment contracted again, according to an industry survey released Wednesday.
2 September 2021

A tribute to my grandfather, Anwar Hossain

My nanu never called me by my name, he always called me “amar Sarooo”, the last syllable drawn out and full of his love and warmth. No one else in my life has so dotingly claimed me to be theirs; and with every call, I would light up at how special he made me feel as my name danced from the corner of his smile to the brown of his eyes.
2 September 2021