UK envoy visits Unilever-UNDP’s plastic waste management site

Unilever Bangladesh and UNDP Bangladesh in partnership with Narayanganj City Corporation have run a sustainable plastic waste management project in the major cities of Bangladesh, focusing on the management of wastage that poses a complex set of challenges in an urban backdrop.
4 August 2022

Gas, energy crisis cut industrial production: businesses

Businesses today expressed concern over the production in the industrial units because of the ongoing load-shedding, low gas pressure and high energy price.
4 August 2022

Banks can now show share’s cost price as exposure limit

Banks can now show their highest limit of capital market exposure on the basis of the stock like instruments’ purchasing price of instead of their market value.
4 August 2022

New board for start-ups to raise fund

Bangladesh Securities and Exchange Commission (BSEC) is taking steps to launch a new board for start-ups so that they can raise funds from the stock market.
4 August 2022

Dhaka stocks slightly down

The Dhaka Stock Exchange (DSE) fell slightly today.
4 August 2022

Businesses for using multiple currencies

Bangladesh should cut its over-reliance on the US dollar and increase the use of other currencies such as the Chinese renminbi (RMB) in international trade to ease pressure in the foreign currency market, businesses said. 
4 August 2022

BB gives banks another $40m

Bangladesh Bank yesterday injected $40 million into banks operating in the country in a bid to ensure stability in the local foreign exchange market.
4 August 2022

How dollar became global reserve currency

The Second World War changed almost everything in the world. Or in short, we can also say that after WWII, the world changed in a way it had not changed for many years.
4 August 2022

Should Bangladesh go for alternative currencies?

The US dollar is currently one of the most talked about issues.  
4 August 2022

IMF stands ready to help Bangladesh

The International Monetary Fund yesterday conveyed its interest to support Bangladesh with its request for loan to prop up its strained foreign currency reserves.
4 August 2022

Countries in trade with Russia without dollar

The emerging multi-polar world is now trying to reduce the use of the greenback in their trade after the US and EU imposed multilateral sanctions on Russia.
4 August 2022

July’s economic data: Dark clouds starting to clear

Inflation bucked its runaway trend in July, becoming the third data point this month after remittance and import to provide some relief to a government on its toes about the direction the economy was taking.
4 August 2022

BB eases rules on encashment of export proceeds

The Bangladesh Bank yesterday eased rules on the encashment of the value-added portion of repatriated export proceeds in order to bring flexibility to trade transactions. 
3 August 2022

Loan rescheduling tightened slightly

Bangladesh Bank yesterday slightly tightened its loan rescheduling policy for defaulted loans after facing criticism from different corners. 
3 August 2022

Learn online to earn online

Training for online freelancers could have a significantly positive impact on the employment and income of underprivileged women, according to a recent study by the Brac Institute of Governance Development (BIGD).
3 August 2022

China firm to invest $8m in Bepza EZ

Chinese company KPST Shoes (BD) Company Ltd will invest $8.07 million in Bangladesh Export Processing Zones Authority (Bepza) Economic Zone.
3 August 2022

Standard Bank wins Quality Choice Prize

Standard Bank recently won “The Quality Choice Prize 2022” by The European Society for Quality Research (ESQR) in the gold category.
3 August 2022

Dhaka Bank, SME Foundation sign deal

Dhaka Bank recently signed an agreement with SME Foundation at the Pan Pacific Sonargaon Dhaka in the capital to disburse loans to the cottage, micro, small and medium enterprises at a concessional interest rate under the incentive package announced by the government.
3 August 2022

AB Bank gets new chairman

AB Bank Ltd has elected director Khairul Alam Choudhury as the bank’s new chairman with effect from August 2, 2022.
3 August 2022

HSBC to launch Female Entrepreneur Fund today

As part of HSBC’s global commitment to supporting female entrepreneurs, Hongkong and Shanghai Banking Corporation (HSBC) will launch the “Female Entrepreneur Fund (FEF)” in Bangladesh today.
3 August 2022