Business

Govt undertakes various steps to ensure workers’ rights: Tipu Munshi

Commerce Minister Tipu Munshi, said the government has taken various initiatives to ensure the workers’ salary, quality of life and basic services. He said the prime minister has been giving her full support in this regard. BRAC has set the example of a quality service. BRAC’s model...

Business

‘API-based open banking needed to promote financial inclusion’

Speakers at a roundtable discussion stressed introducing API based Open banking so that more people can be brought under banking services. They said open and API banking, a new concept that is getting very popular in both developed and developing countries, is reducing the cost of traditional b...

Business

Palak urges Malaysia to help Bangladesh in workers’ capacity building

State Minister for ICT Division Zunaid Ahmed Palak urged the World Islamic Economic Forum and the Malaysian government to collaborate in developing a mutually beneficial capacity development work plan.To create skilled manpower and job opportunities through the formulation of strategies and action p...

Business

NBL launches Multi-Currency Visa Debit Card

National Bank Limited being the first generation private sector bank in Bangladesh has launched of its first-ever Visa branded EMV Chip enabled Multi-Currency Debit Card with NFC (Near Field Communication) technology under Q-Cash Network at an informal event at its Head Office, Dhaka on Tuesday.The ...

Business

Vision Electronics introduces campaign on World Cup

Country's popular electronics brand Vision has introduced a campaign on the occasion of World Cup Football-2022.Some 200 customers will get the opportunity to travel to Qatar by purchasing certain products of Vision Electronics.RN Paul, Managing Director of RFL Group, inaugurated the campaign at...

Business

Sonali Life Insurance achieves AA+ rating

National Credit Ratings Limited has affirmed the long time rating of Sonali Life Insurance company Limited at AA+ (Double A +) and a short term rating as ST-2 based on audited financials upto 31st December 2021 and other relevant qualitative as well as quantitative information upto the date of ratin...

Business

Enhanced support for CMSME financing vital for post-Covid sustenance

Deputy Governor, Bangladesh Bank Abu Farah Md. Nasser on Wednesday said that our key focus is to control both the import and inflation and promote local production for generating employment.“ For this we have announced new Credit Garuntee Scheme (CGS) on Refinancing against Term Loan of Tk 250...

Business

Bangabandhu created foundation of tech-based Bangladesh

Minister of Posts and Telecommunications Minister Mustafa Jabbar said Bangabandhu Sheikh Mujibur Rahman gave a solid base for the technology-driven Bangladesh by becoming a member of ITU in 1973 and launching the Geo-Satellite at Betbunia in 1975. The Minister was addressing a discussion meetin...

Business

Experts for more investment in infrastructure to enhance regional connectivity

Experts at a workshop opined that the seamless intra-regional connectivity is a challenge now unless South Asian countries utilise their respective macroeconomic strength.They also stressed investment in road infrastructure development to enhance regional transport connectivity in Eastern South Asia...

Business

Amend patent law to help pharmacos survive in post-LDC graduation era: Experts

The Bangladesh Patent Law 2022 should be amended in line with the changing scenario for the local pharmaceutical industry after the country’s LDC graduation, experts said at a seminar in the capital today. Simultaneously, they called for close collaboration between the concerned governmen...

Business

Fuel price hike will affect overall economy: DCCI

“For ensuring a long term energy security, we need to frame out a long term strategy as well as to continue onshore, offshore gas exploration, energy mix and cost and energy efficient electricity generation”, said DCCI in a statement on Sunday.On the perspective of the government’s...

Business

UNDP, BIDA, GP to create economic opportunities for all

The United Nations Development Programme (UNDP), Bangladesh Investment Development Authority (BIDA) and Grameenphone, jointly launched Graduate Employment in Private Sector Programme under an alliance called "FutureNation" on Sunday at a hotel in Dhaka, to create economic opportunities for...

Business

Offer policy supports to make HR future-ready led by pvt sector

Speakers at a roundtable discussion on Sunday focused on the mitigation of ICT skillsgap and said that existing ICT literacy, activities to be taken by private sector and academia ranging from short run to long run.They also sought government policy supports to help make the human resources future-r...

Business

BSEC mulls forming a new board for startup companies

The BSEC chairman said that the commission is mulling the formation of a new board for startup companies.Rubaiyat Ul Islam, while addressing a conference, also said that some startup companies cannot adapt to mainstream or SME markets.The conference, titled “Capital Market of Bangladesh: Prosp...

Business

‘2030 Agenda for Sustainable Development clearly marks the path to prosperity’

"To assess the challenges and investment priorities of the government and development partners, agricultural transformation in southern Bangladesh is considered extremely important", said experts while addressing a workshop. They also opined that the 2030 Agenda for Sustainable Develo...

Business

Sectoral exhibitions play important role in trade, commerce promotion: Jashim

FBCCI President Md. Jashim Uddin on Wednesday emphasized on organizing sector wise exhibitions, citing that the trade exhibition can play a crucial role in expanding and flourishing different sectors.Joining virtually in the first meeting of the standing committee on International Trade Fair and For...

Business

BGCCI holds 20th annual general meeting

Bangladesh-German Chamber of Commerce and Industry (BGCCI) one of the largest bilateral Chamber operating in Bangladesh held its 20th Annual General Meeting (AGM) at Sheraton, Dhaka on Monday.Te meeting was participated by BGCCI Executive Board and a large number of members. Achim Tröster,...

Business

Samuda Construction invests $8.2m in Sheikh Mujib Shilpa Nagar

Samuda Construction Limited, a leading construction company in Bangladesh, has invested US$ 82,00,000, and proposed to invest US$ 91,61,375 shortly in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattagram to produce import-substitute construction products  Samuda Construction Limited ...

Business

‘Banks need to implement sustainable finance policy’

Speakers at a session opined that the banks need to implement the sustainable finance policy at the local level. They said the target for investing in sustainable products and business initiatives will increase in the coming years.  The training titled "Sustainable Finance for Sustain...

Business

US-Bangla Airlines chooses Travelport as GDS partner in push for strategic expansion

Travelport, a global technology company that powers travel bookings for hundreds for hundreds of thousands of travel suppliers worldwide and US Bangla Airlines, the largest private airline in Bangladesh in terms of fleet size on Thursday announced they have reached a distribution agreement that will...