Budget for building Digital Bangladesh

The proposed budget for the 2021-2022 fiscal year acknowledges the Fourth Industrial Revolution and calls for strategies to create IT entrepreneurs and jobs for Bangladeshis abroad.
13 June 2021

Stocks fall amid profit booking

The stock market took a dip yesterday thanks to the profit booking tendency among investors with the insurance sector leading the plunge. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), dropped 30.58 points, or 0.50 per cent, to 6,036.
13 June 2021

Review vaccination roadmap for faster economic recovery: experts

Various experts yesterday stressed the need to review the vaccination roadmap to bring most of the population under its coverage in the shortest possible time as mass inoculation is the only way to get rid of the ongoing Covid-19 pandemic.
13 June 2021

BSCIC launches one-stop service

Bangladesh Small and Cottage Industries Corporation (BSCIC) inaugurated its “one-stop service” yesterday to attract domestic and foreign investment.
13 June 2021

Ring Shine to resume partial production

Shareholders of Ring Shine Textiles were all smiles after news broke that the company would partly resume production after about nine months’ closure.
13 June 2021

Development spending will barely impact youths

Only 14 per cent allocation of the annual development programme for the fiscal year of 2021-22 will directly contribute to the development of youths although they make up a majority of the population, according to a think-tank yesterday.
13 June 2021

Price hike of essentials weighs on 90pc people

Around 90 per cent of people of Bangladesh are forced to buy low-quality products when the prices increase as their incomes do not go up in keeping with the upward movement of basic items’ prices, speakers said yesterday.
13 June 2021

Banks face IT audits

The ICT Division will likely commence an IT audit on banks next month to measure their capability to thwart cyberattacks as growing digitalisation and remote working arrangements have augmented the financial sector’s exposure to online crimes.
13 June 2021

Bangladesh Bank tightens rules to restore discipline in import financing

The central bank yesterday drew up a detailed guideline on post-import financing (PIF) to end the misuse of loans extended to pay for imported goods and bring discipline in the foreign exchange regime in the banking industry.
13 June 2021

Seventh Agrow Award launched

Standard Chartered and Channel i have jointly announced the launch of Standard Chartered - Channel i Agrow Award 2021.
13 June 2021

Bangladesh Bank comes up with post import financing facility for businesses

Bangladesh Bank today drew up a detailed policy guideline on post import financing (PIF), a first of its kind in the country’s banking sector.
13 June 2021

Build an effective business-friendly environment, garments makers urge BIDA

Garment makers today demanded creating an effective business-friendly environment and improving the ease of doing business to attract more investment in the country, especially in non-cotton or manmade fibre (MMF) based textiles.
13 June 2021

Stocks fall for profit booking tendency of investors

The stock market experienced a fall today as investors went for booking profits and the major drops in prices were seen in the high-flying insurance stocks.
13 June 2021

Entrepreneurship thoughts to subsist in new normal

To be honest, entrepreneurship is someone’s career choice but it is assumed as the toughest among all.
13 June 2021

BSCIC launches one-stop service

Bangladesh Small and Cottage Industries Corporation (BSCIC) inaugurated its One Stop Service today to attract domestic and foreign investment.
13 June 2021

Facebook gets VAT registration from NBR

Social media giant Facebook today got Value Added Tax (VAT) registration from the National Board of Revenue (NBR) after two years of stalemate.
13 June 2021

IDLC Investments wins FinanceAsia ‘Best Investment Bank’ title

IDLC Investments has recently been accorded a “Best Investment Bank in Bangladesh” title at FinanceAsia Country Awards 2021.
12 June 2021

Shwapno promoting US food, beverages

Retail chain Shwapno and the United States Department of Agriculture (USDA) have announced a joint “Taste of America” promotional campaign highlighting and reaching consumers over 100 US food and beverage items, including canola oil, dried fruits, nuts, cereals and chocolates.
12 June 2021

Digital transactions – the new normal

The Covid-19 pandemic has turned out to be a global issue of shared human vulnerability. Except for a few islands in the south Pacific, no country has been spared from the invisible virus. The woes continue to batter the economy and threaten sustainability.
12 June 2021

Peanut brings smile to char farmers in Pabna, Sirajganj

Md Aiyub Khan, a farmer of Kollanpur char in Pabna’s Bera upazila, cultivated 10 bighas of land to produce 100 maunds of peanut, the only crop that can be grown on sandbanks.
12 June 2021