BB verifying info of 5 foreign shareholders of Nagad Bank
Bangladesh Bank yesterday asked the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.
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Mobile internet users complain of Facebook outage again
Mobile internet users in Bangladesh have complained of Facebook and Messenger outages again.
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Marico’s profit jumps 30% in April-June quarter
Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.
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S&P downgrades Bangladesh rating amid deadly protests
S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.
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More internet disruptions till 6:00pm
Internet connectivity in Bangladesh will face partial disruptions for 12 hours today due to the maintenance of a submarine cable. That comes on top of the country’s already slow internet speed.
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Stocks return from losses in nervous trade
Stocks gained marginally in early trade today, returning from losses it suffered a day earlier.
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Bangladesh faces internet disruptions for 12 hours
Internet connectivity in Bangladesh will face partial disruption for 12 hours from this morning because of maintenance of 1st submarine cable, said Bangladesh Submarine Cables PLC (BSCPLC) in a press release.
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Linde Bangladesh sells its welding electrode business to ESAB Group
Linde Bangladesh Ltd has sold its welding electrode business to ESAB Group, an American-Swedish industrial company, said the company today.
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November 21, 2022
Jamuna Bank gets nod to establish exchange house in Spain
Jamuna Bank Limited has received approval from the Bangladesh Bank to establish an exchange house in Spain.
November 20, 2022
Foreign shipping lines facing difficulties remitting funds
Bangladesh’s trade with other countries may suffer as foreign shipping lines are facing difficulties in remitting foreign currencies from the country because of a dollar crisis, speakers said yesterday.
November 20, 2022
Adani Godda Power Plant to supply 800MW from Dec 16
The 1,600-megawatt Adani Godda Power Plant in India will start exporting half of the electricity to Bangladesh from December 16 this year, according to a report by the Bangladesh Power Development Board (BPDB).
November 20, 2022
Bangladesh's share in global apparel trade to hit 8% this year: BGMEA
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is hopeful that the country's share in the global apparel market may reach 8 per cent within this year as international clothing retailers and brands are coming here with new work orders.
May 10, 2021
Give cash to poor to boost consumption
The government should provide cash support to the poor and the low-income groups to protect their consumption and boost domestic demand as the socio-economic impact of the pandemic will linger for them, said the Citizen’s Platform for SDGs, Bangladesh yesterday.
April 19, 2021
Consistent policy support needed to nurture automobile industry
Policy support, tax benefits, and incentives are needed to help develop the country’s automobile industry, according to experts and entrepreneurs.
April 13, 2021
Banks to stay closed, ATMs open
Bangladesh Bank yesterday said banks would have to keep all their branches closed from the morning of April 14 to midnight of April 21 when strict restrictions on movement would be in place as part of its efforts to contain the coronavirus pandemic.
March 14, 2021
BSEC looking into complaints raised over Padma Bank
The Bangladesh Securities and Exchange Commission (BSEC) is investigating complaints regarding Padma Bank and it will take action as per the law, Shibli Rubayat-Ul-Islam, chairman of the commission, said yesterday.
February 15, 2021
Swadhinata Parishad announces panel for BGMEA election
Md Zahangir Alam, convener of Swadhinata Parishad, yesterday announced the names of directors of his panel that will take part in the upcoming biennial election of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
December 27, 2020
Govt will now buy all jute bags from private sources
The government has decided to buy 50 per cent of jute bags and sacks from private manufacturers and the rest from traders following the closure of the mills under the Bangladesh Jute Mills Corporation (BJMC).
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