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Startup Bangladesh Limited (SBL) has launched the Tk 4 billion Bangladesh Fund of Funds to mobilise local, international and development capital for the country’s startup ecosystem. The government-backed initiative opened with a Request for Expression of Interest (REOI) at a programme held at the ICT Division in Dhaka on Sunday. …

The government has taken steps to resolve the ongoing crisis in Bangladesh’s tea industry and ensure easier access to loans for garden owners. 12-member monitoring and advisory committee, headed by the commerce minister, has been formed for the purpose, according to a gazette notification issued by the Prime Minister’s Office …

Bangladesh Bank (BB) has relaxed the cash margin requirement for opening letters of credit (LCs) for fruit imports, replacing the existing 100 percent cash margin requirement with a margin to be determined by banks based on their relationship with customers. The central bank issued the instruction in a circular today …

Fallow and single-crop lands in Sylhet should be brought under cultivation, while drainage and irrigation systems need to be improved and the cultivation of new and non-traditional crops expanded to ensure fuller utilisation of the land, Commerce Minister Khandakar Abdul Muktadir said today. The minister said the maximum utilisation of …

The government has instructed government officials to exercise utmost caution while using artificial intelligence (AI) tools for official work, warning that careless use could result in the unauthorised disclosure or transfer of sensitive and confidential government information to third parties. In a notice issued recently, the Cabinet Division said the …