BB raises the amount to Tk 3,000 crore from Tk 1,500 crore

140 were given the CIP status under the export category and the rest 40 under the trade category as ex-officio

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), inched up 6 points, or 0.1 per cent, to close at 6,325.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), dipped 3 points, or 0.04per cent, to 6,316 at 12:08 pm.

Traders at the Bangabazar Shopping Complex, one of the largest clothing retail and wholesale hubs in Bangladesh, are typically busy buying and selling products ahead of Eid-ul-Azha each year.

Over the years, the government has significantly eased customs duties to facilitate local industries but a lot of challenges still exist, said Zaved Akhtar, chief executive officer and managing director of Unilever Bangladesh Ltd.

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

Bangladesh Bank has invited applications from entrepreneurs interested in establishing digital banks and delivering financial products efficiently through branchless operations. 

Strong public and private sector collaboration is essential for effective disaster risk management alongside formulation of a long-term master plan to safeguard industries, said Sameer Sattar, president of the Dhaka Chamber of Commerce and Industry (DCCI), yesterday. 

IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The Credit Rating Agency of Bangladesh has assigned its highest credit rating, “AAA”, for Eastern Bank Limited (EBL), which denotes an extremely strong capacity to meet financial commitments. 

Shimanto Bank shareholders approved stock dividend at its 7th annual general meeting at Pilkhana in Dhaka last Thursday.  

The dollar rose against the euro on Friday after dismal business activity data from around the globe soured risk sentiment and as hawkish comments from central banks added to pressure on riskier currencies.

Dhaka Bank Limited has recently reelected the chairman of its Board of Directors. 

I am sure all young professionals aspire to advance in their career. If so, they are not alone. Many determined professionals share this desire, but the path to success can be daunting and difficult to navigate.

With Eid-ul-Azha fast approaching, online cattle sales are gaining momentum as many are looking to buy their sacrificial animals from the comfort of their homes. 

Bashundhara Group, one of the conglomerates in Bangladesh, will start offering toiletries and personal care products in order to have a share of the growing market for the consumer goods. 

The Bangladesh Bank has invited applications from entrepreneurs interested in establishing digital banks and delivering financial products efficiently through branchless operation

Mung bean exports from Bangladesh have decreased as foreign buyers are less interested in purchasing the legume this year given their reduced quality and size resulting from severe droughts during the growing period.

Refrigerator and chest freezer sales are seeing steady growth in the lead up to this year’s Eid-ul-Azha as demand has soared thanks to the stable prices and various discounts on offer, according to market players.