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.
4w ago
Mobile internet users complain of Facebook outage again
Mobile internet users in Bangladesh have complained of Facebook and Messenger outages again.
1m ago
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.
1m ago
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.
1m ago
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.
1m ago
Stocks return from losses in nervous trade
Stocks gained marginally in early trade today, returning from losses it suffered a day earlier.
1m ago
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.
2m ago
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.
2m ago
February 25, 2024
Inconsistent policies, rules barriers to export diversification
Inconsistent policies and regulations create uncertainty for exporters and make it difficult for them to plan and invest for the long term, standing in the way of export diversification for Bangladesh, according to experts.
February 22, 2024
Govt backtracks on raising sugar price
The industries ministry has backtracked from its decision to hike the prices of sugar produced by state-run sugar mills.
February 7, 2024
Govt to fine foreigners overstaying visas, working without permit
The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday.
February 7, 2024
Process starts to give GI recognition to Tangail sari
The declaration came two days Sultana directed stakeholders to prepare documents seeking GI recognition for Tangail sari following a public outcry about why Bangladesh had failed to GI recognition despite being a rightful claimant
January 22, 2024
Stocks claw back lost ground in early trade
DSE gained in the early hours today, recovering from opening trading losses
January 9, 2024
Forex reserves fall after $1.27b ACU payment
Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.
January 4, 2024
Govt issues first batch of special bonds
The government today issued special bonds, the second time after fiscal 2012-13, worth of Tk 3,016 crore to two banks in order to clear arrears on behalf of fertiliser importers.
December 25, 2023
BRAC Bank suspends cash withdrawal by cardholders abroad
BRAC Bank has suspended all sorts of cash withdrawals by its cardholders outside Bangladesh, a development that comes amid the country’s lingering forex crisis.
December 25, 2023
Industrialist and City Group Chairman Fazlur Rahman no more
Fazlur Rahman, chairman and managing director of City Group, one of the leading commodity importers and processors, is no more.
December 24, 2023
Pacific Jeans Group to set up $55m garment factory in Adamjee EPZ
Pacific Denimwear Ltd, a unit of Pacific Jeans Group, plans to invest $54.5 million to establish a garment factory in the Adamjee Export Processing Zone (EPZ).
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