Pvt sector short-term overseas loans decline continues
Business Report: Bangladesh’s private-sector short-term foreign borrowings declined further in June this year fallen to $10.06 billion amid sluggish economic activity. According to the latest...
Business
Dhaka stocks end 8-week winning run
Business Desk: Dhaka stocks snapped their eight-week winning streak last week owing to the negative performance of banking and other sector shares. The DSEX, the...
Unprofitable land ports to be closed
Business Desk: Shipping and Textiles Adviser Brig Gen (Retd) Dr M Sakhawat Hussain on Saturday said the interim government was planning to hand over several...
Al-Arafah reaffirms depositor protection, transparent banking
Business Desk: As part of reforms in the banking sector, Al-Arafah Islami Bank PLC is moving forward under the guidance of regulatory authorities. Recently, audits...
Rice procurement faces disruption due to 0.5pc percent source tax
UNB: Rice procurement activities across the country are facing disruptions following the imposition of a 0.5per cent source tax on domestic rice procurement, according to...
TheBrief: Islami Bank wins Excellence in Islamic Banking Card Award
Business Desk: Islami Bank Bangladesh PLC achieved the award in the “Excellence in Islamic Banking Cards” category for issuing the highest number of Visa branded...
Startup Showcase Highlights Young Entrepreneurs Driving Climate and Social Innovation
Business Report: Experts Academy Limited (EAL) and Sustain Launch Labs jointly organized the ‘Startup Showcase’ to empower promising startups led by young entrepreneurs in Bangladesh....
TheBrief: Prime Bank inks deal with ESDO
Business Desk: Prime Bank PLC and Eco-Social Development Organisation (ESDO) have signed an agreement for payroll banking services recently. ESDO’s head office in Thakurgaon recently...
Pubali Bank gifts microbus to AUST
Business Desk: Pubali Bank PLC has gifted a microbus to Ahsanullah University of Science and Technology (AUST, demonstrating its commitment to social responsibility). Mohammad Ali,...
Perfetti Van Melle partners with Guardian Life
Business Desk: Guardian Life Insurance Limited and Perfetti Van Melle Bangladesh Pvt Ltd have entered into a partnership to provide comprehensive life and medical insurance...