15 new factories to create 1 lakh jobs
When some industries are struggling with liquidity crisis and high lending rates, the ceramics sector has been getting five new factories on an average every year since 2017, industry players said.
4y ago
Bangladesh’s untapped potential in export of ceramics
Ceramic tiles, tableware and sanitary ware have become an integral part of today’s life. It makes a world of a difference to the look and characteristics of a structure’s interiors and exteriors.
4y ago
Why design is a crucial element for the ceramics industry
Those days are gone when businessmen had to rely on foreign products for designing their items. Now most of the factories have their own design and product development team which brings out four to six new products – from plates, cups, mugs to cutlery and dinner sets – every year.
4y ago
Fund diversion fuelled non-performing loans
Diversion of funds by borrowers is the major reason for the higher non-performing loans in Bangladesh, according to Anis A Khan, a career banker who retired a few days ago after serving the industry for nearly four decades.
4y ago
Summit to invest $5b in infrastructure in 5 years
Summit Group will invest $5 billion in various projects in Bangladesh in the next five years to meet the country’s growing appetite for infrastructure.
5y ago
Southeast, Bank Asia most efficient, profitable lenders
Southeast Bank is the most profitable and efficient lender in Bangladesh followed by Bank Asia while Dutch-Bangla Bank is the least, according to an analysis of different banks’ cost-to-income ratio.
5y ago
Negative image, lack of lab challenges to going global
Negative country images and lack of laboratory facilities for checking standards are two major challenges for Bangladeshi food companies to enter global markets.
5y ago
Thirst for cultures changing consumption patterns: study
Consumers are on a big and broad journey of discovery, moving out of their comfort zones to explore bolder flavours and multi-sensory food experiences, according to Innova Market Insights, a global knowledge leader in the food and beverage industry.
5y ago
March 8, 2016
Hackers steal $100m from BB account
Bangladesh Bank has identified the people involved in the hacking of around $100 million (Tk 780 crore) from its foreign currency account with the Federal Reserve Bank of New York, claim BB officials. Almost the entire amount was transferred online to the Philippines banking system and a small portion of it to Sri Lanka by suspected Chinese hackers on February 5, they said.
March 5, 2016
Probe finds more ATM fraud cases
Fraudsters might actually have stolen over Tk 1 crore -- four times the amount initially thought -- from ATM booths of several banks using cloned cards last month, the central bank and investigators say.
March 3, 2016
Another ATM fraud
Criminals are now using international credit cards issued by foreign banks to steal money.
March 2, 2016
Banks move to equip ATMs with anti-skimming devices
Banks have rushed to install anti-skimming devices and PIN shields at their automated teller machines to meet the
February 29, 2016
New NBFI enters market today
A new non-bank financial institution (NBFI) enters the market today with a focus on venture capital.
February 28, 2016
Non-banks offer higher rates for deposits
When banks have slashed deposit rates to as low as 4 percent amid the declining demand for money, some non-
February 27, 2016
5,500 ATMs found undocumented
There are around 7,500 automated teller machines (ATMs) in Bangladesh, but only 2,000 of them are recorded in government documents, according to Customs Intelligence and Investigation Directorate.
February 25, 2016
'More money stolen at point-of-sale'
Foreign fraudsters in collaboration with local bankers and merchants are believed to have committed more card frauds on point-of-sale (POS) terminals than what they had done with ATMs, experts and investigators said.
February 23, 2016
D-8 trade agreement to take effect in July
The D-8 member countries have agreed to implement the preferential trade agreement from July 1, keeping Bangladesh's proposal regarding the local value addition criteria hanging.
February 17, 2016
Probe on to find ATM frauds
Various government agencies have started investigating the recently ATM frauds in Dhaka, in which cardholders lost about Tk 25 lakh, according to police and bankers.
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