Business & Economy
Bangladesh now top knitwear supplier to EU
Business Report :Bangladesh has become the top knitwear exporter in the European Union for the first time, overtaking China, thanks to the duty facility available...
BB explains warning to cash-strapped Shariah banks
Business Desk :The central bank yesterday said it asked five cash-strapped Shariah-based banks to adjust the deficit in their current account but did not decide...
Jute Spinners incurs Tk 93 lakh loss in Q1
Business Desk :Jute Spinners Ltd suffered a Tk 93.50 lakh loss in the first quarter of the current fiscal year.The producer of jute yarn, bags,...
Corrective financial measures needed to boost economy: DCCI president
Business Desk :The economy is facing certain challenges pertaining to inflation and it is of utmost importance to tame inflation at whatever costs necessary, especially...
5 Islamic banks’ fund deficit: Here’s what Bangladesh Bank says
Business Report :The Bangladesh Bank has asked five cash-strapped Shariah-based lenders to adjust the deficit in their current account balance by December 26.On November 28,...
More shipping giants suspend passage via Red Sea after attacks
AFP :Two more major shipping firms, Mediterranean Shipping Company and CMA CGM, said on Saturday they were suspending passage through a Red Sea strait vital...
EO Bangladesh holds 7th Annual General Meeting
Staff Reporter :The 7th Annual General Meeting (AGM) of Entrepreneurs’ Organization (EO) Bangladesh has been held on December 13 last at Lakeshore Hotel in the...
Grameenphone launches IoT devices
Business Desk :Grameenphone on Sunday introduced a range of Internet of Things (IoT) devices, enabling users to remotely monitor and control their gas stoves, lights...
UCB gets approval to raise Tk 300 crore through perpetual bonds
Business Desk :The Bangladesh Securities and Exchange Commission has allowed the United Commercial Bank (UCB) to raise Tk 300 crore through perpetual bonds.The bank plans...