Startups are doing relatively well in Bangladesh but their success rate is not quite satisfactory owing to problems from a lack of access to finance to age-old valuation process to a dearth of private equity and incubation, said speakers and industry people today.

Robi has maintained its growth momentum in the third quarter of 2022 when its revenue grew by 5.9 per cent year-on-year to Tk 2,207.4 crore.

The steps taken by Bangladesh Telecommunication Regulatory Commission (BTRC) to ensure affordable broadband internet got global recognition as its internet at a flat rate initiative named ‘One Country, One Rate’ has won the ASOCIO-2022 award in the category of “Environmental, Social and Governance”.

Bangladesh produced 2.51 lakh tonnes of shrimp in 2020-21 fiscal year and the country’s export income increased in the last few years despite global recession amid Covid-19 pandemic, Fisheries Minister SM Rezaul Karim said today.

India's foreign exchange reserves fell to $524.52 billion in the week through Oct. 21 to remain at their lowest since July 2020, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.

India, the world's biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday.

Production has slowed at small jute mills in northern regions of Bangladesh due to low quality of raw jute resulting from problems in retting during harvest, according to market players.

Private sector credit growth fell by more than two percentage points in September as banks slowed loan disbursement amid liquidity crunch, snapping a seven-month upward trend. 

Net foreign direct investment to Bangladesh rose 37 per cent year-on-year to $3.43 billion in the last fiscal year, a positive development for the economy amidst the ongoing foreign exchange volatility.

In our childhood home in the old town of the 1970s, we had quite a large number of domestic helps. The scale of domestic work was also at another level with a green backyard of domestic cattle and poultry, not to mention the endearing cats and dogs.  

There is no possibility of signing a free trade agreement (FTA) with Bangladesh in the foreseeable future because of the complexity related to the issue as well as bloc’s lack of interest,

The government will give Tk 137 crore incentive to the farmers to encourage them grow winter crops, including wheat, maize, mustard, sunflower, onions and pulses, in the current year, the agriculture ministry said yesterday.

The Bangladesh Bank yesterday asked banks not to do transactions with Sri Lanka through the ACU mechanism.

Earnings per share of NRB Commercial Bank stood at Tk 1.48 in the January-September period of 2022, said the private commercial bank in a press release.

The National Board of Revenue (NBR) yesterday signed a memorandum of understanding (MoU) with the state-owned Dhaka Power Distribution Company (DPDC) at the former’s headquarters to gather information on electric meter holders in the capital as a part of its efforts to hunt down tax-dodgers and expand the tax net.

Nagad and re-commerce brand SWAP have launched a new campaign titled “Nagad deal-e beshi laav” on the occasion of the ICC T20 World Cup.

The United Nations International Children’s Emergency Fund (Unicef), now officially the United Nations Children’s Fund, made a four-year partnership with the Anjuman and Aziz Charitable Trust (AACT) of Bangladesh recently.

Eastern Bank Ltd and Visa launched co-brand cards and loan products for Startup Bangladesh Ltd, the flagship venture capital fund of the ICT Division.

Stocks in Bangladesh yesterday stretched their gaining streak to three consecutive trading sessions thanks to higher investor participation, according to market analysts.

The profit of Dhaka Stock Exchange (DSE) rose more than 10 per cent year-on-year to Tk 124 crore in 2020-22 financial year.