Agent banking outlets are emerging as a major channel for the distribution of remittance among families of migrant workers thanks to their expanding network at the rural level.

The Bangladesh Councl of Scientific and Industrial Research (BCSIR) and Everlast Minerals Limited (EML), an Australian mining company, yesterday signed a memorandum of understanding (MoU) on scientific and technological cooperation.

The 5G (fifth generation) mobile technology is going to play a very important role in changing almost everything in Bangladesh, including industry and education, and it will connect the whole population to very high-speed internet, said Telecom Minister Mustafa Jabbar yesterday.

The tea industry in Bangladesh has made significant advancements but the tea workers still have to deal with several challenges concerning socioeconomic and human rights, and unfair wages, said speakers at a dialogue yesterday. 

The number of people filing tax returns online crossed 100,000 yesterday amidst growing interest among taxpayers to comply with the rules and avoid the hassles of visiting tax offices, according to the National Board of Revenue (NBR) yesterday. 

Stocks in Bangladesh fell yesterday as investors largely stayed away from trading amid the ongoing crisis at home and abroad.

Daraz Bangladesh, the biggest online shopping platform in the country, said products worth about Tk 320 crore were sold through its flagship campaign that started on November 11, underscoring the company’s solidified position in the local e-commerce market.

The 5G (fifth generation) is going to play a very important role in changing almost everything in Bangladesh, including industry and education, and it will connect the whole population to very high-speed internet, said Telecom Minister Mustafa Jabbar today.

Stocks in Bangladesh fell today as investors largely stayed away from trading amid the ongoing crisis at home and abroad.

Factories at the industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Jhenaidah are starting to flourish after being under threat of closure amid the pandemic years from 2019 to 2021.

All over the world, mutual funds are very popular investment options, which translate long-term savings into long-term investments.

The prices of powdered milk have increased again by Tk 50 to Tk 110 per kilogramme (kg) in the last one month for rising prices in the international market, shortage of US dollars owing to depleting foreign currency reserves and complexities in opening letters of credit. 

The National Board of Revenue (NBR) is witnessing slowing growth in the number of new taxpayers as the rule for compulsory tax return submission discourages many, officials say.

Local denim has maintained its top position in the US markets despite the ongoing global crisis as the demand for garments made from the widely used fabric is soaring among American consumers.

Prime Bank recently signed an agreement with Ananta Group to provide a digital nano financing solution to factory workers through a new app, “PrimeAgrim”. 

Three new directors have been elected to the board of Meghna Bank.

The Dutch-Bangla Chamber of Commerce and Industry (DBCCI) is going to organise a weeklong roadshow in three European Union (EU) countries from February 25 next year to attract foreign investment.

The first ever two-day International Women Entrepreneurs’ Summit will begin in Dhaka today with the aim of encouraging businesswomen in Bangladesh.

There was a dearth of buyers in the stock market of Bangladesh yesterday amidst the prevalence of a floor price for every stock set by the regulator to halt the free fall of the market indices amidst global economic uncertainties. 

Banks will be able to get back a majority of loans from a Bangladesh Bank credit guarantee scheme (CGS) if borrowers default on loans taken from a small and medium-sized enterprises (SME) refinance scheme of Tk 25,000 crore.