News

Inflow of remittances continues to scale new heights during the pandemic and riding on it the foreign exchange reserves are also on the course to surpass the $41 billion milestone, thanks to the government’s measures, including two percent cash incentive for the remitters.

The government has decided to convert the operations of Nagad into a subsidiary company instead of the existing joint-venture from March, 2021 aiming to comply with mobile financial services rules and regulations properly.

The size of e-commerce market in Bangladesh would reach $3 billion by 2023, speakers said at a webinar on Tuesday.

People’s reluctance to secure financial services in person amid the coronavirus pandemic and a lack of corporate governance have driven up the number of unprofitable branches of banks in Bangladesh.

Thirty-six textile mills in Narsingdi did not install over 83 per cent of power looms imported under duty benefit at their factories over the last five years, National Board of Revenue officials said.

Profits surge 50% in July-September period

Industries Secretary KM Ali Azam said Bangladesh Industrial Technical Assistance Center (BITAC) is playing a vital role in making Bangladesh into a developed country in the world. He made this remarks, while addressing a workshop at BITAC conference room in Khulna on Sunday. He stressed the need for implementation of …

Country’s both bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today closed trading extending the gaining streak.

The government will soon start national digital land zoning work for optimum utilisation of country’s land, said land minister Saifuzzaman Chowdhury on Sunday.

Bangladesh received 28.62 per cent more remittance in October as the money sent by the country’s migrant workers toiling abroad kept its scintillating growth defying grim predictions.