AB Bank disburses loans among marginal farmers

AB Bank Limited has disbursed agricultural loans among marginal farmers in Tungipara, the birthplace of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
23 January 2023

Bank Asia celebrates 9th anniversary of its agent banking

Bank Asia Limited celebrated the 9th anniversary of its agent banking operations at its corporate office (Rangs Tower) in Purana Paltan, Dhaka on Sunday.
23 January 2023

bKash becomes ‘Employer of Choice’ for third year in a row

Leading mobile financial service provider bKash has once again been ranked as the number one ‘Employer of Choice’ across all sectors for the third consecutive year, according to the results of the ‘Campus Track Survey B-school: 2022’ conducted by NielsenIQ.
23 January 2023

1,250 tonnes of sugar held up at Benapole

Around 42 trucks carrying 1,250 tonnes of sugar from India have remained stuck at Benapole port for the past 28 days as the local customs authorities allegedly imposed a higher tariff than that stipulated by the government.
23 January 2023

Mobile users’ body chief asks BTRC to cancel Bijoy app pre-install order

Bangladesh Mobile Phone Consumers’ Association President Mohiuddin Ahmed today served a legal notice to Bangladesh Telecommunication Regulatory Commission, asking it to withdraw within seven days the order to pre-install Bijoy app in all imported and locally manufactured android phones.
23 January 2023

WB support sought for RMG sector development: BGMEA

The country’s apparel makers have sought cooperation from the World Bank (WB) for the development of Bangladesh’s garment sector.
23 January 2023

National Bank asked not to disburse loans over Tk 10 crore

The Bangladesh Bank has ordered private-run National Bank not to disburse more than Tk 10 crore in loans as the lender is going through uncertainties after the resignation of its Managing Director Md Mehmood Husain. 
23 January 2023

Dhaka stocks rise but turnover falls

All of the indexes of the Dhaka Stock Exchange (DSE) rose slightly today despite the lower participation of investors.
23 January 2023

Banglalink providing fastest internet

Banglalink, the third largest mobile network operator in Bangladesh, now provides the fastest internet connection speed while state-run Teletalk continues to be the worst data service provider in the country, according to a global speed test report.
23 January 2023

Creating more qualified accountants need of the hour

Bangladesh needs to generate more accounting professionals to meet the growing demand for qualified accountants in a bid to facilitate the faster growth of the economy, said a noted chartered certified accountant.
23 January 2023

RMG export to Russia drops sharply

Even a year ago before the start of the Russia-Ukraine war, Rajiv Chowdhury, managing director of Young4ever Textiles, used to ship T-shirts and polo shirts worth $1 million to Russia as the market was opening up for local exporters. 
23 January 2023

After energy, LC opening crisis now cripples businesses

At the beginning of 2022, businesses were upbeat and many of them thought that the worst stemming from the losses induced by the coronavirus pandemic was finally over. That was short-lived. 
23 January 2023

Gas, power prices to be revised again

Commerce Minister Tipu Munshi yesterday said that discussions are once again underway to readjust the gas and electricity prices.
22 January 2023

CETP of int’l standard needed urgently for leather sector: FBCCI

A central effluent treatment plant (CETP) of international standard is necessary for the development of the leather sector of the country, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), yesterday. 
22 January 2023

Some Japanese firms paying ‘inflation allowances’

With the prices of daily commodities surging in Japan, a growing number of companies are paying inflation allowances to employees to support their daily lives.
22 January 2023

Rancon avails Tk 5.79cr Idcol loan for rooftop solar plant

Infrastructure Development Company Limited (Idcol) signed an agreement with the Rancon Infrastructures & Engineering to provide a long-term loan worth Tk 5.79 crore to finance the latter’s second rooftop solar project. 
22 January 2023

Keep food and agri inputs out of sanction purview

Agriculture Minister Muhammad Abdur Razzaque on Saturday urged the leaders of developed countries to keep food and agricultural inputs out of the purview of sanctions related to the Russia-Ukraine war, according to a press release.
22 January 2023

Kay & Que’s profit unchanged in Q2

Kay & Que (Bangladesh) Ltd made a Tk 5.66 lakh profit in the October-December quarter of the current financial year, unchanged from a year earlier.
22 January 2023

Guardian gives life ins coverage to Brac staff

Non-governmental development organisation Brac and Guardian Life Insurance recently signed a group insurance agreement on life coverage and medical benefits.
22 January 2023

Bari’s DG reappointed

Dr Debasish Sarker has been reappointed as the director general of the Bangladesh Agricultural Research Institute (Bari) for another two-year term on a contractual basis.
22 January 2023