Meghna EZ drawing Swiss investment

Sika Bangladesh, a subsidiary of Switzerland-based construction chemical manufacturer Sika Group, is investing $6 million setting up a 10,000-square metre factory in Meghna Industrial Economic Zone (Miez) in Sonargaon of Narayanganj. 
29 September 2022

bKash distributes 50,000 books for underprivileged students

bKash has distributed 50,000 books to 74 organisations, including schools and voluntary organisations working for underprivileged and disadvantaged children, in a bid to cultivate a reading habit among them.
29 September 2022

BB nod must for NBFIs to lend to subsidiaries

Non-bank financial institutions (NBFIs) will have to take permission from the central bank to lend to their subsidiaries or associates and waive loans or interests.   
29 September 2022

DVS to enhance transparency in accounting: expert

The document verification system (DVS) will bring some positive changes to the country’s accounting system and overall economy as it will ensure greater transparency, according to economist Ahsan H Mansur.
29 September 2022

Rashid re-elected IBFB president

Humayun Rashid has been re-elected as president of the International Business Forum of Bangladesh (IBFB) for the second consecutive term.
29 September 2022

Solar outage may disrupt TV broadcasting

Television broadcasts of local channels could be disrupted for a total of 81 minutes from tomorrow to October 7 as the sun could be in direct line with Bangabandhu Satellite-1, disrupting the signal of the satellite.
29 September 2022

Prices of essentials can’t be reduced using force: Planning Minister

Planning Minister MA Mannan has said that the price of essentials or inflation cannot be reduced using sticks and stones or by using force.
29 September 2022

ILFSL to recover funds taken by PK Halder’s 4 firms

The International Leasing and Financial Services Ltd (ILFSL) has taken initiatives to revive the four companies owned by PK Halder in order to recover its funds given out to them.
29 September 2022

MCCI again seeks trade licence’s validity extension

The Metropolitan Chamber of Commerce and Industry (MCCI) has once again sought cooperation from the National Board of Revenue (NBR) to extend the validity of trade and other business relevant licences to three to five years from the current one year.
29 September 2022

Swiss firm to invest $6 million in Meghna economic zone

Sika Bangladesh, a subsidiary of Switzerland-based construction chemical manufacturer Sika Group, is investing $6 million setting up a 10,000-square metre factory in Meghna Industrial Economic Zone (Miez) in Sonargaon of Narayanganj.
29 September 2022

Sun may disrupt satellite’s TV broadcast for eight days

Television broadcasts of local channels could be disrupted for a total of 81 minutes from tomorrow to October 7 as the sun could be in direct line with Bangabandhu Satellite-1, disrupting the signal of the satellite.
29 September 2022

BB approval must for NBFIs to lend to subsidiaries, waive interests

The non-bank financial institutions (NBFIs) will have to take permission from the central bank to lend to their subsidiaries or associates and waive loans or interests.
29 September 2022

‘Bangladesh made moderate advancement in eliminating child labour’

Bangladesh made moderate advancement in efforts to eliminate the worst forms of child labour in 2021, the US Department of Labor said today.
29 September 2022

Meta includes Bangladesh in annual marketing summit

Meta, formerly known as the Facebook company, for the first time has expanded its annual marketing summit to Bangladesh, and the digital event was aired today.
29 September 2022

Loans to become costly as policy rates hiked by 25 basis points

Bangladesh Bank today hiked its key interest rate or policy rate by 25 basis points to 5.75 per cent with a view to containing the inflationary pressure.
29 September 2022

Leading towards a better tomorrow: the inspirational stories of Shehzad Munim

On the fourth episode of Preronar Kotha Season 03, we had the opportunity to speak to one such top executive from the corporate sector, considered a trailblazer in changing the perception about Bangladeshi leaders in business.
29 September 2022

Bashundhara’s ABG Ltd to become CSE’s strategic partner

The Bangladesh Securities and Exchange Commission (BSEC) has approved a proposal to appoint ABG Limited, a subsidiary of Bashundhara Group, as a strategic partner of the Chittagong Stock Exchange (CSE).
29 September 2022

Chattogram stocks up

The Chittagong Stock Exchange (CSE) rose in the morning session today.
29 September 2022

Dhaka stocks open higher

The Dhaka Stock Exchange (DSE) opened higher for the second consecutive day today.
29 September 2022

Wholesale, retail sectors yet to fully recover

Wholesale and retail establishments that saw their business crippled by Covid-19 may have enjoyed some recovery alongside the return to economic normalcy but the ongoing Russia-Ukraine war now threatens to offset their gains amid global inflationary pressure.
29 September 2022