Ukraine pins hopes on Gulf visitors for pandemic-hit tourism

Saudi tourists ride horse-drawn carriages, pose for portraits by street artists and play chess on benches with locals in Lviv, a city in Ukraine more accustomed to hosting European guests.
30 August 2021

Moody’s assigns Ba3 rating to Brac Bank

Moody’s Investors Service has assigned a Ba3 rating to Brac Bank amidst the ongoing Covid-19 pandemic.  Obligations rated Ba are judged to have speculative elements and are subject to substantial credit risk, according to Moody’s.
30 August 2021

Singapore’s Shopee changes the game in Brazil’s e-commerce sector

Sea’s Shopee took just two years to become Brazil’s most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: In-app mini-games offering coupons to winning users. 
30 August 2021

Policy framed to give CIP status to recruiting agents

The expatriate welfare and overseas employment ministry has framed a policy to recognise recruiting agents as commercially important persons (CIPs) for their contribution to overseas employment.
30 August 2021

Hoarders, exporters dominate jute markets

Allured by the high price of raw jute at the fag end of last year, a section of traders and seasonal buyers are now rushing to stockpile the product.
30 August 2021

Currency Swap: Sri Lanka gets another $100m from Bangladesh Bank

Bangladesh Bank has lent $100 million more to Sri Lanka to help the island nation stay afloat tackling a foreign exchange crisis.
30 August 2021

Long-term loans are vital to boost industrialisation: analysts at BCI event

Banks should extend long-term loans to the entrepreneurs for the sake of industrialisation, as it is not possible to build an industry with short-term loans, analysts say at a webinar today.
30 August 2021

Nagad gets nod to raise Tk 510cr through bond

The stock market regulator has approved Nagad’s zero coupon bond to raise funds of Tk 510 crore on condition of fulfilling some regulatory requirement.
30 August 2021

Driving the growth of agricultural mechanisation in Bangladesh

Bangladesh requires the combined success of all sectors as it inches closer towards its goal of becoming a middle-income country. Although its GDP contribution has fallen to 12 percent as of 2020, agriculture still remains the most important sector since it employs around 50 percent of the population and ensures the country’s food security. 
30 August 2021

‘Young entrepreneurs should follow Anwar Hossain as a model of success’

Anwar Hossain was a man of values, principal, punctuality. He was successful as a man, businessman, and leader. Young entrepreneurs should follow Hossain as a model of success, speakers said while commemorating Hossain yesterday.
30 August 2021

Lions Clubs International names goodwill ambassador

Lions Clubs International has named Qazi Akram Uddin Ahmed, chairman of Standard Bank, as a goodwill ambassador for his services as its international director for the past three years.  
29 August 2021

Brac Bank to raise Tk 600cr thru bonds

Brac Bank has decided to raise Tk 600 crore by issuing a non-convertible bond with a view to providing home loans to the country’s lower and middle income groups.
29 August 2021

227 win Commward

A total of 227 communication and marketing enthusiasts have been presented Commward advertising accolades in Bangladesh.
29 August 2021

Female employment jacks up GDP growth: Sanem

A 1 per cent increase in female employment can effectively increase economic growth by 0.31 per cent, according to a study by South Asian Network on Economic Modeling (Sanem) unveiled yesterday.
29 August 2021

Indo-Bangla trade has potential to reach $16b

Annual trade between Bangladesh and India has the potential to reach $16 billion if the former improves its ease of doing business and completes all connectivity developments, according to Indian High Commissioner Vikram K Doraiswami.
29 August 2021

Jamdani industrial estate: a tale of unmet dreams

Two decades past its establishment, the Jamdani industrial estate is plagued with multifaceted problems and is nowhere near living up to expectations.
29 August 2021

Stocks continue to decline

The stock market maintained its downward trend yesterday, marking three days of decline as cautious investors opted to take their profits when the benchmark index of the country’s premier bourse recently hit a record high.
29 August 2021

StanChart Saadiq wins Islamic awards

Standard Chartered Saadiq Bangladesh has been recognised as “Islamic Bank of the Year” and “Best Islamic Retail Bank” at The Asset Triple A Islamic Finance Awards 2021 yesterday. 
29 August 2021

No advance payments in e-commerce: BB

Bangladesh Bank yesterday said e-commerce platforms would not be able to receive payments in advance for any products or services rendered.
29 August 2021

Be Rich got approval as first market maker for stock market

Be Rich Ltd, a stock broker of Chittagong Stock Exchange, has got approval as the country’s first market maker for the stock market.
29 August 2021