KSRM to collect dealer payments through bKash

Mobile financial service provider bKash signed an agreement with Kabir Steel Re-Rolling Mills (KSRM) over payment collection services recently.
19 December 2022

BB moves to help use undisbursed farm loans

The Bangladesh Bank has decided to form a fund using the undisbursed portion of agriculture and rural loans and utilise them to accelerate farm production.
19 December 2022

Stocks continue to decline

Stocks continued to drop yesterday while turnover rose as some investors were active in the block market. 
19 December 2022

BB gives banks more time to adjust

Bangladesh Bank has extended the period meant for banks to make adjustments to their overexposure in the stock market in a bid to give relief amid existing bearish trends.
19 December 2022

28 Bangladeshi firms win SAFA Best Presented Annual Reports Awards

Twenty-eight Bangladeshi companies have won a total of 31 accolades in the South Asian Federation of Accountants (SAFA) Best Presented Annual Reports 2021 Awards competition. 
19 December 2022

Stocks keep falling

Stocks continued to fall for the fourth consecutive day today while turnover rose as some of the investors were active in the block market.
19 December 2022

BB forms fund to use undisbursed portion of farm loans

The Bangladesh Bank has decided to form a fund using the undisbursed portion of agriculture and rural loans and utilise them to accelerate farm production.
19 December 2022

Navigability crisis silencing Baghabari river port

Operations at the Baghabari river port in Shahzadpur upazila of Sirajganj, one of the most important river ports in Bangladesh for ensuring a supply of fertiliser and fuel to 16 northern districts, has been limping on due to a massive navigability crisis.
19 December 2022

Mobile phone subscribers snap four-month decline

The number of mobile phone subscribers in Bangladesh picked up in October snapping a four-month decline thanks to the stellar performance displayed by Banglalink.
19 December 2022

Banks’ lending to industries slows

The growth in advances in the form of term loans for industries have slowed down as businesses took a slow approach amidst the ongoing economic uncertainty while banks became conservative owing to a reduction in excess liquidity. 
19 December 2022

Saiful Islam re-elected MCCI president

Md Saiful Islam has been re-elected president of the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) for the year 2023. 
18 December 2022

Process of reopening Mogalhat land port underway

The process of reopening a defunct customs station and immigration checkpost on the Bangladesh-India border in Lalmonirhat has been underway since September this year, said Shahriar Alam, state minister for foreign affairs, yesterday.
18 December 2022

Islami Bank wins Cambridge IFA awards

Islami Bank Bangladesh won “Strongest Islamic Retail Bank in South Asia 2022” and “The Strongest Islamic Retail Bank in Bangladesh 2022” awards conferred by the UK-based financial services intelligence house Cambridge IFA. 
18 December 2022

Haval service campaign begins

Ace Autos, the sole distributor of sport utility vehicle (SUV) brand Haval in Bangladesh, launched its 5th Global Service Campaign in Dhaka last week.  
18 December 2022

Realtors raise concerns about new DAP

The members of the Real Estate and Housing Association of Bangladesh (REHAB) have not been able to sign any new agreements with land owners to launch a new project since the government unveiled the new Detailed Area Plan (DAP) four months ago.
18 December 2022

DSE turnover below Tk 350cr

Turnover of Dhaka Stock Exchange (DSE) plunged 20 per cent yesterday amidst a crisis of confidence among investors that turned downed the index. 
18 December 2022

Islami Commercial Ins posts higher profit in Jul-Sep

Islami Commercial Insurance Company Limited’s profit rose more than 11 per cent year-on-year in the July-September quarter of the current financial year.   
18 December 2022

BB relaxes loan repayment policy again

The Bangladesh Bank yesterday relaxed its already flexible loan repayment policy, saying the real income of borrowers has fallen due to the severe impacts of the prolonged Russia-Ukraine war. 
18 December 2022

Dhaka stocks begin week with a fall

Turnover at the Dhaka Stock Exchange (DSE) plunged 20 per cent today from the last trading day amid confidence crisis among investors.
18 December 2022

REHAB's housing fair begins Dec 21

A five-day winter fair organised by the Real Estate and Housing Association of Bangladesh (REHAB) is set to begin in Dhaka on December 21 to showcase flats, plots and other real estate and housing products.
18 December 2022