Prime Bank opens Japan Desk

Prime Bank recently launched Japan Desk, a one-stop solution centre, in order to facilitate cross-border business initiatives and investments between Japan and Bangladesh.
2 October 2022

Trade through Benapole to remain shut for 4 days

Trade between Bangladesh and India through Benapole land port will remain closed for four days on the occasion of Durga Puja.
2 October 2022

Time prime to get youths into 4th industrial revolution

Developed countries are already reaping the 4th industrial revolution’s (4IR) benefits whereas Bangladesh is still at its primary stage, necessitating prompt utilisation of the country’s current demographic dividend alongside the productivity of youths, said speakers at a programme yesterday. 
2 October 2022

China moves to revive housing sector

Chinese local governments may relax the floor on mortgage rates for first-time home buyers in some cities in phases, the central bank said on Thursday, in a bid to prop up property prices and revive a flagging engine of the world’s second-largest economy.
2 October 2022

HSBC, DBL Group sign deal on H2H integration solution

HSBC Bangladesh recently signed an agreement with DBL Group on host-to-host (H2H) integration solution.
2 October 2022

Scam-hit Int’l Leasing posts losses in Jan-Jun

Scam-hit International Leasing & Financial Services Ltd (ILFSL) has kept losing money as it made losses in the first half of 2022. 
2 October 2022

Apex Footwear’s profit jumps over 31pc

Apex Footwear Limited’s profit jumped more than 31 per cent year-on-year in the financial year that ended on June 30, 2022. 
2 October 2022

How do we make public enterprises accountable?

Whether it is semi-controlled or self-censored media, corridor discussions or even Transparency International Bangladesh reports, we have been hearing about corruption in the public enterprises and inaction by the subsequent governments for the last many years.  
2 October 2022

Businesses express frustration over harassment

Businesspeople are frustrated with a section of government officials who harass them when they try to obtain trade licences, and cause delays in releasing goods from ports and renewal of trade documents.
2 October 2022

Chattogram stocks extend gains

The Chittagong Stock Exchange (CSE) rose today, extending the gains to the third straight session.
2 October 2022

Dhaka stocks rise for third day

The Dhaka Stock Exchange (DSE) rose for the third consecutive day today.
2 October 2022

MFS accounts go past 18cr mark

The mobile financial service (MFS) sector in Bangladesh has been on a tear, with the number of accounts surpassing the 18-crore mark for the first time in July. 
2 October 2022

Tax collection from interest earnings slows sharply

Although banks are registering increased deposits, tax collection from interest earnings of savers has slowed down significantly amid the fall of the interest rate.
2 October 2022

School banking gaining traction

School banking is increasingly gaining popularity among students, exemplified by total deposits in such accounts surpassing Tk 2,300 crore in July despite ongoing economic hurdles such as rising inflation. 
2 October 2022

Apparel export to EU: Bangladesh poised to overtake China

Bangladesh is poised to overtake China in garment exports to Europe, the world’s largest market, anytime in the near future for work orders shifting its way and its price competitiveness. 
2 October 2022

Manpower export to Middle East surges

The number of Bangladeshi workers who headed to the Middle East countries in search of jobs surged 177 per cent year-on-year in the first eight months of 2022, official figures showed.    
2 October 2022

5,200 factories inspected by FBCCI, Bida in last one year

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) along with Bangladesh Investment Development Authority has inspected some 5,200 local factories in the last year to ensure workplace safety.
1 October 2022

FY23 budgetary measures to dent revenue base further: Fitch

The current low revenue base in Bangladesh could be further undermined by the measures taken in the budget for FY2023, including corporate tax cuts, American credit rating agency Fitch said in its latest report.
1 October 2022

Concord, Bepza sign MoU

Concord Entertainment Company and Bangladesh Export Processing Zones Authority (Bepza) recently signed a memorandum of understanding.
1 October 2022

Homogeneous policies to ensure cheaper egg, meat

Homogenous policy supports throughout the agriculture sector, instead of providing advantages to just growing crops, can substantially bring down egg and meat prices for end-consumers, said entrepreneurs. 
1 October 2022