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Tags : Business


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Keya Group announces permanent closure of four factories

Keya Group has announced the permanent closure of four of its factories in Gazipur, effective May 1, citing market instability, discrepancies in bank accounts, shortages of raw materials, and inadequate production capacity...

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Banks’ green financing goes down in July-Sept

Green financing by banks and non-bank financial institutions declined in the July-September quarter amid a severe liquidity crisis and a challenging business environment after the political shift...

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Lutfunnisa elected IBFB president

Lutfunnisa Saudia Khan has been elected president of International Business Forum of Bangladesh’s board of directors, said a press release...

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Law and order, monetary policy, energy supply key concerns: DCCI president

The country’s businesses are currently facing three major challenges: law and order and security concerns, contractionary monetary policy and associated economic trends, and energy supply disruptions, said Ashraf Ahmed, president of the Dhaka Chamber of Commerce and Industry...

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Woman held for killing businessman in Dhaka

The police have arrested a woman accused of brutally killing Old Dhaka plastic factory owner Nazrul Islam who was found dead at his rented house in the capital’s Posta area about five days ago...

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Businesses seek stable law, order

Business leaders on Saturday called on the government to take immediate actions to ensure a stable law-and-order situation in industrial areas, and secure the safety of factories, particularly in the garment sector.

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Businessman killed at home in Dhaka

The police recovered the body of a trader from his rented house in the Posta area in the capital’s Old town early Wednesday...

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Business leaders urge action 

Business leaders have urged the government to take immediate steps to improve the law and order situation, and ensure energy supply to address their challenges in operating business activities.

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BIZ Verse 2024 ends at BRAC University

The grand finale of BIZ Verse 2024, a prestigious national-level inter-university business case competition, concluded successfully at BRAC University recently...

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Political uncertainty hits German business morale

German business confidence fell more than expected in November, a key survey showed Monday, amid political uncertainty following the collapse of the country’s coalition government and Donald Trump’s US election win...

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Walmart lifts full-yr forecast

Walmart reported a jump in third-quarter profits Tuesday behind solid US sales and gains in its e-commerce business as the retail behemoth lifted its full-year financial forecast...

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AB Bank wins two Mastercard excellence awards

AB Bank won awards for excellence in Mastercard Business (Financial Inclusion) and Excellence in Mastercard Debit Business (Domestic) 2023-24 on Saturday, says a press release.

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Businessman found murdered in city

The police on Thursday identified the dismembered body found wrapped in polythene at Rupganj in Narayanganj as dyeing businessman Jasim Uddin Masum...

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Business people want smooth utility supply

The country’s leading businesses on Thursday asked the interim government to ensure uninterrupted supply of gas and power to industries and to remain alert to factory unrest hampering production.

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Promote responsible business conduct in RMG sector, experts urge govt, brands

Experts and labour leaders on Thursday said that the government and the global brands could play a crucial role in promoting responsible business conduct within the readymade garment supply chain by upholding national and international standards to enhance workers’ quality of life and social security...

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Govt should bust nexus of tycoons close to Hasina

POWERFUL business tycoons, who had been close to the deposed prime minister Sheikh Hasina, have swindled $17 billion off the banking sector, as the Bangladesh Bank government has said in an interview with the Financial Times, during the 15 years of the authoritarian regime of the Awami League. The central banker is reported to have said that the tycoons...

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BBDN, SME Foundation sign deal to boost financial inclusion

The Bangladesh Business and Disability Network and SME Foundation have signed an agreement that outlines a shared commitment to advancing the agenda of accessible financial services for entrepreneurs with disabilities, with a focus on advocacy, product development and capacity-building initiatives in the banking and financial sectors...

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New twist in credit card business

IN TODAY’S world, credit is a unique or ‘special’ form of money that is not fully convertible or exchangeable with other forms of currency. People agree that credit is both a resource that allows current needs to be met, but it is simultaneously a liability that requires future repayment, normally with interest. Credit, in this sense, is unique because to...

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Businesses urge for improved business climate

Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively...

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EBFCI keen to invest in pharma, agri sectors

Bangladeshi expatriate businesses living in Europe have expressed their keen interest to invest in the country’s pharmaceuticals, healthcare, agriculture, processed food, education, technology, services sector and human resources development...

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Extortion case filed against Aziz, Benazir 

A case was filed against five persons, including former army chief general (retired) Aziz Ahmed and former inspector general of police Benazir Ahmed for demanding Tk 100 crore as extortion from a business person in September 2019...

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German business morale falls again in August

German business confidence fell further in August, a closely-watched survey showed Monday, as Europe’s biggest economy struggles to emerge from a weak period...

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