Around 25 lakh Mobile Financial Service (MFS) accounts have been opened in the readymade garment (RMG) sector since April 4 in line with a government’s move to provide salaries and allowances to its workers and employees through mobile banking.
Read More »European tourism needs €375 bln to recover: ETC
The European tourism sector will need €375 billion to recover from the situation created by the coronavirus crisis, said the European Travel Commission (ETC), a European tourism organisation.
Read More »Poor paid-up capital of DSE brokers haunt investors
Paid-up capital of a significant number of brokerage firms of Dhaka Stock Exchange (DSE) still remain poor compared to stipulated capital requirements set to avert the risk of doing business.
Read More »White House aiming for Trump pivot from virus to economy
The White House is planning to shift President Donald Trump’s public focus to burgeoning efforts aimed at easing the economic devastation caused by coronavirus (COVID-19) pandemic.
Read More »TCB’s OMS benefitting 25m families: MoC
A total of 25 million (2.50 crore) families are being benefitted from the Trading Corporation of Bangladesh’s (TCB) open market sale (OMS) programme, according to the Ministry of Commerce (MoC).
Read More »Online grocers fail to seize the day during biggest opening yet
A pandemic forcing everyone to stay home could be the perfect moment for online grocery services. In practice, they have been struggling to keep up with mounting orders, highlighting their limited ability to respond to an unprecedented onslaught of demand. By Muhammad Zahidul Islam.
Read More »Bangladesh seeks US support for RMG sector
Bangladesh has sought the support of the United States for the readymade garment (RMG) sector that has been affected badly by the cancellation of orders owing to the outbreak of coronavirus. The US is the single largest RMG export destination of Bangladesh.
Read More »BB asks banks to distribute agriculture loan at 4pc interest rate
Bangladesh Bank (BB) today instructed all banks to give agriculture loan at 4 percent interest rate aimed to boost crop production to overcome the possible COVID-19 impact.
Read More »BB creates Tk 10,000 cr scheme for CMSME sector
Bangladesh Bank (BB) has created a Taka 10,000 crore revolving refinance scheme to provide working capital for the cottage, micro, small and medium enterprises (CMSME) sector to overcome the negative impacts due to COVID-19 pandemic.
Read More »BSTI continues surveillance operations across country
Bangladesh Standards and Testing Institution (BSTI) has continued its surveillance operations throughout the country to enhance mass awareness on qualitative standard of products.
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