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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October 7, 2023
IMF mission unimpressed with NBR’s collection plan
The visiting mission from the International Monetary Fund was not fully convinced with the plans laid out by the National Board of Revenue on accelerating the tax collection to raise the tax-to GDP ratio by 0.5 percentage points in the current fiscal year.
September 29, 2023
BGMEA demands fair prices, ethical sourcing from US brands
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought fair prices and demanded ethical sourcing of garments from the US retailers and brands as the new wages for the workers are expected to be implemented from December this year.
September 25, 2023
‘Cotton GSP scheme’ could be win-win'
Bangladesh’s garment exports to the US can increase annually anywhere from $400 million to $800 million if the American government offers a “cotton GSP scheme”, according to a study.
September 25, 2023
Democratic transition prerequisite for inclusive economy
A democratic transition has emerged as a prerequisite for an inclusive and sustainable economy, said a noted economist today.
September 14, 2023
Soybean oil price cut by Tk 5 per litre
Refiners in Bangladesh today cut the price of soybean oil by Tk 5 and palm oil by Tk 4 a litre after edible oil prices declined in the international market.
September 12, 2023
Bangladesh Lamps to make plastic parts for tube lights
Bangladesh Lamps is going to set up a production line to manufacture plastic parts for tube lights, said the company today.
September 10, 2023
Summit partners with Indian company to improve rail logistics
Summit Alliance Port Limited (SAPL) has signed a memorandum of understanding with Pristine Logistics & Infraprojects Limited, one of the largest integrated rail terminal operators in India, to form a joint venture to improve rail logistics in Bangladesh.
September 10, 2023
Forex reserve falls below $22 billion
Bangladesh's foreign exchange reserves slipped below $22 billion today after the central bank cleared import bills worth $1.36 billion through the Asian Clearing Union (ACU).
August 23, 2023
Khairuzzaman made new finance secretary
Energy Secretary Khairuzzaman Mozumder has been made the new finance secretary, the public administration ministry said in a notice today.
August 20, 2023
Bangladesh adopts GM cotton
Bangladesh released two varieties of a genetically modified (GM) cotton for domestic cultivation, aiming to increase yields and reduce import dependence.
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