AB Bank Ltd organised a daylong skills development training for women entrepreneurs at Chittagong Club. 

Brac Bank Ltd signed a memorandum of understanding with Bangladesh Indenting Agents’ Association (BIAA) yesterday to provide comprehensive banking solutions tailored for over 1,500 member firms of the association. 

Bangladesh Bank issued comprehensive guidelines for establishing digital banks in mid-June. This important decision has generated a lot of excitement among different groups, including major banks, non-banking financial institutions (NBFIs) and innovative startups.

Bangladesh Bank yesterday barred transferring the value-added portion of export proceeds to other banks for settling the exporters’ import liabilities.

The slowing growth of exports and slump in remittances is not good news. It is rather concerning as the latest data of the two major indicators shows that the pressure on the economy is likely to increase unless there is any rebound in inflows in the coming months.

Short-term private sector foreign debt has continued to fall since January of this year, with new disbursements being outweighed by repayments each month this year except May.

Earnings from merchandise shipments in August increased slightly by 3.80 percent to $4.78 billion, mainly riding on apparel exports as all the other major sectors staged a poor performance last month.

Shamim Ahmed has been re-elected as the president of the Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA) for a one-year term (2023-2024).

Traders in Old Dhaka who shift their chemical warehouses to the capital’s Shyampur will be able to get their trade licences renewed, said Dhaka South City Corporation Mayor Sheikh Fazle Noor Taposh yesterday. 

The slowing growth of exports and slump in remittances is not good news. It is rather concerning as the latest data of the two major indicators shows that the pressure on the economy is likely to increase unless there is any rebound in inflows in the coming months

Yarn prices have been increasing in the domestic market over the last two weeks as demand from garment exporters is rising amid a hike in work orders from international clothing retailers and brands thanks to easing inflation in the West.

Theft and piracy have become a matter of concern for the Chittagong Port Authority (CPA) as six such incidents took place in vessels arriving at the port in the six months to July this year.

Investors are hardly showing any interest to buy stocks of banks mainly due to the sector’s key indicators portraying a gloomy outlook. 

HSBC has launched a third edition of “HSBC Business Excellence Awards” to honour business entities and entrepreneurs for their contribution in the sustainable economic growth of Bangladesh. 

Banks and non-bank financial institutions should change their attitude towards lending to small and medium enterprises (SMEs) and ease access to finance, Industries Minister Nurul Majid Mahmud Humayun said yesterday.

Pragati Life Insurance has settled Tk 189.68 crore claims in the first half of 2023, an increase of 25.92 percent from the same period last year.

Standard Bank has recently launched four deposit schemes to meet the growing customers’ demand and expand its range of services.

Prime Bank has recently signed a memorandum of understanding (MoU) with Grand Sylhet Hotel & Resort regarding discounts on hotel services.

Bank Asia Limited organised a daylong “Managers’ Meet 2023” with the motto of “Time for Transformation” at the InterContinental Dhaka in the capital on Saturday.

The stock price of Himadri Ltd, listed with the SME board of the Dhaka Stock Exchange, soared 60-fold in the last four months, prompting an investigation from the Bangladesh Securities and Exchange Commission (BSEC).