Lifting of mandatory fumigation of US cotton to boost trade

The lifting of the rule of mandatory fumigation of US cotton by Bangladesh has created a huge bilateral trade opportunity, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
30 May 2023, 18:00 PM

Grameen Uniqlo shuts down ahead of schedule

Clothing brand Grameen Uniqlo yesterday shut down all their 10 outlets in Bangladesh, including eight in Dhaka, ahead of their June 18 scheduled closure due to “stock unavailability”. 
30 May 2023, 18:00 PM

Meheriar M Hasan becomes Brac Bank chairman

Meheriar M Hasan, a nominated director of the Brac Bank Board, has been elected as the chairman of Brac Bank Limited, effective from Tuesday.
30 May 2023, 18:00 PM

Most mobile data users want fixed floor price, fewer packages

Setting a fixed floor price for data, decreasing the number of packages and providing flexible plans that carry forward are priority demands of mobile internet users in Bangladesh, according to a survey.
30 May 2023, 18:00 PM

Saiful joins Shahjalal Islami Bank as DMD

MM Saiful Islam has joined Shahjalal Islami Bank Limited (SJIBL) as a deputy managing director (DMD) on Monday.
30 May 2023, 18:00 PM

Oil price falls 2% on debt deal struggles

Oil fell by nearly 2 per cent on Tuesday as concerns about the US debt ceiling pact cooled the market’s risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend.
30 May 2023, 18:00 PM

Guidelines for NBFIs to step up fight against money laundering

The Bangladesh Financial Intelligence Unit (BFIU) yesterday issued guidelines for non-bank financial institutions (NBFIs) to tackle money laundering and terrorist financing and asked them to draw up separate regulations. 
30 May 2023, 18:00 PM

'Lifting of mandatory fumigation will boost bilateral trade'

BGMEA president says in meeting with Cotton USA top officials
30 May 2023, 15:41 PM

Moody's downgrades Bangladesh's credit rating

Its now B1 from the earlier Ba3
30 May 2023, 13:36 PM

Grameen Uniqlo shuts down ahead of schedule

All outlets were supposed to be closed on June 18
30 May 2023, 13:05 PM

Meheriar M Hasan, new chairman of Brac Bank

With effect from today, Hasan replaced Ahsan H Mansur
30 May 2023, 12:17 PM

HC rejects Robi Axiata's petition in former CEO's lawsuit

Robi now has to give answer to Mahtab's lawsuit
30 May 2023, 10:30 AM

Stocks return to black

Turnover, however, fell by 16%
30 May 2023, 09:42 AM

Garment makers urged to buy yarn from local market

Textile millers made the demand today
30 May 2023, 08:20 AM

Small furniture makers up the creek

Small wooden furniture businesses in Bangladesh are facing a deep financial crisis as the demand for their products has fallen drastically, according to market players.
30 May 2023, 04:00 AM

No way but to unveil a restrained budget

Despite being the last budget before the next general election, the government has little scope to unveil a big spending plan for the next fiscal year owing to limited fiscal space driven by lower-than-expected revenue collection, a noted economist said.
30 May 2023, 03:30 AM

Air travel tax may surge

For the first time, domestic air travellers are likely to face a travel tax while people going abroad on airplanes are expected to pay up to 67 per cent higher taxes from next fiscal year as the government looks to increase revenue collection. 
30 May 2023, 03:00 AM

Traditional lenders fall behind Islamic banks in profit growth

Conventional lenders in Bangladesh fell behind shariah-based banks in 2022 in terms of profit growth mainly due to the lower interest rate regime.  
30 May 2023, 02:30 AM

Credit growth slips to 14-month low

Private sector credit growth in Bangladesh dropped to a 14-month low of 11.23 per cent in April owing to weak credit demand amid the current business slowdown, official figures showed.  
30 May 2023, 02:00 AM

Girl who burned her certificates on Facebook gets job in ICT dept

A girl who burned all of her academic certificates on a Facebook Live in frustration at not getting a job on May 23, Mukta Sultana, has been offered a job by State Minister for Information and Communication Technology Zunaid Ahmed Palak.
29 May 2023, 18:04 PM