News

The banking sector’s capital base got stronger in the third quarter this year thanks to the regulatory forbearance provided by Bangladesh Bank.

Says Walton MD Golam Murshed in an interview recently

Bangladesh Securities and Exchange Commission (BSEC) has begun searching for billions of Takas in unclaimed and undistributed dividends announced by the listed companies for their investors.

The government may ease the rules on the use of fabric imported duty-free to help local manufacturers shift to high-end apparels and boost export earnings as firms generate more waste while producing fancy items for international markets.

The banks have taken different measures to increase investment to alternative sectors as both demand and consumption have declined at home and abroad amid the Covid-19 pandemic.

Some 29 Bangladeshi trade professionals were awarded certificates of ‘Export Launchpad Bangladesh’ as part of the initiative of widening doors for SME exporters in Bangladesh to the global markets. Export Launchpad Bangladesh is an international trade capacity building and market access support programme in Bangladesh.

Commerce Minister Tipu Munshi today said that Bangladesh wants to double its export earnings from Canada within the next three years.

The Dhaka Chamber of Commerce and Industry (DCCI) signed a Memorandum of Understanding (MoU) with Bangladesh International Arbitration Centre (BIAC) at the BIAC Secretariat in the capital on November 26 in a bid to promote institutional ADR.

Bangladesh Securities and Exchange Commission (BSEC) has begun searching for billions of Takas in unclaimed and undistributed dividends announced by the listed companies for their investors.

The contract manufacturers will enjoy a simplified VAT process for the production and supply of goods under a new guideline.