DSE suspends trading in 3 NBFIs declared non-viable
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Bangladesh Bank removes two-year cap on bank boards
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Bangladesh Bank removes two-year cap on bank administrators
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BB offers incentives to boost Bangla QR transactions
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No merchant fees for Bangla QR transactions: BB
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Students can now pay overseas tuition by card
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Govt forms steering panel on creative economy
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Govt forms taskforce to deregulate, improve business climate
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90pc of StanChart, UCEP training beneficiaries now employed

Approximately 90 per cent of 2,100 beneficiaries selected for a Re-skilling and Employment Reintegration Programme of Standard Chartered Bangladesh and Underprivileged Children’s Educational Programmes (UCEP) Bangladesh are now employed. 
9 April 2023

Commodity prices fall further globally

Energy prices declined 6.3 per cent in March, led by natural gas in Europe and coal, the World Bank’s Pink sheet reported.
9 April 2023

FBCCI offers Tk 1cr grant for victims

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will provide a grant of about Tk 1 crore to rehabilitate around 5,000 small and micro businesses affected by last Tuesday’s fire which burned down the Bangabazar market in Dhaka.
9 April 2023

Tesla to build gigafactory in Shanghai

Tesla Inc will build a gigafactory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday.
9 April 2023

Pragati Ins makes Tk 37cr profit

Pragati Insurance Ltd clocked a profit of Tk 37.06 crore in 2022, down 1.22 per cent from a year earlier.
9 April 2023

IDLC Finance logs Tk 191cr profit

IDLC Finance Ltd posted a Tk 191.64 crore profit in the financial year that ended on December 31 of 2022, down 9.43 per cent year-on-year. 
9 April 2023

Bangladesh’s trade competitiveness eroding

World Bank cites factors such as higher import tax, NTBs, over-reliance on RMG
9 April 2023

Rules eased for banks’ import payment

The Bangladesh Bank yesterday eased rules for banks for the settlement of import payments for capital machinery, industrial raw materials and payments for the government imports through funds taken from their offshore banking units (OBS).
9 April 2023

Brac Bank launches new financial product

Brac Bank has introduced a financial product called “Tally Loan – Druti” to promote greater financial inclusion in Bangladesh.
9 April 2023

Ceiling of loans from export dev fund reset

The central bank has reset the ceiling of the US dollar loans from its Export Development Fund (EDF) to manufacturers and exporters for input purchases,
9 April 2023

Shahjalal Islami Bank gets new DMD

Shahjalal Islami Bank recently promoted an official to the post of deputy managing director. 
9 April 2023

Rules eased for banks to facilitate import payments

To meet import payment obligations, banks would be able to transfer funds from their OBUs to their domestic business or onshore units
9 April 2023

Central bank should come forward to support Bangabazar victims: DCCI

DCCI President Md Sameer Sattar made the pleas to the central bank today
9 April 2023

FBCCI to give Tk 1 crore grant for Bangabazar fire-hit businesses

FBCCI President Md Jashim Uddin made the announcement during a visit to Bangabazar today
9 April 2023

BB resets loan ceilings of export development fund

Established in 1989, the EDF facilitates access to financing in foreign exchange for input procurements by manufacturer-exporters.
9 April 2023

Dhaka, Chattogram stocks rise

Stocks on Dhaka and Chattogram bourses rose slightly in the morning trade today.
9 April 2023

Ethics, PR and beyond

Recently, there has been too much discussion about ethics. At the same time, we get to see individuals getting into too much public relations (PR) too.
9 April 2023

More farmers joining in synchronised cultivation of rice

For the first time in his 30 years of farming, Samaresh Mondal is growing dry-season rice, locally named Boro, along with 50 of his peers in a synchronised manner in their locality of Satibunia under Botiaghata upazila of Khulna.
9 April 2023

Bangabazar traders seek loan deferment

Traders of Bangabazar Complex, who were running their business on loans, have urged the government to ensure that they do not have to pay instalments for a specified period as they are recovering from a recent fire at the apparel market in Dhaka’s Gulistan.
9 April 2023

Challenges that could persist in the coming days

External pressure is expected to remain elevated, high inflation is likely to weigh on aggregate demand, consumer spending growth could slow, and protracted global and domestic uncertainties are expected to put pressure on investment growth in Bangladesh in the coming days.
9 April 2023