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Managing today’s museums

MUSEUMS are establishments where representative objects of cultural and historical importance of a nation are showcased for the public. As we go deep into the genesis of the word ‘museum’, we learn that it is derived from the word ‘muse’ in English adopted into its vocabulary from the Greek word ‘mousa’, meaning ‘muse’ or ‘think deeply’ over...

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Empowering rural women entrepreneurs

RURAL women in Bangladesh play a crucial role in the economy by running small businesses that do tailoring, poultry farming, dairy production and handicrafts. However, one of their biggest challenges is a lack of financial literacy — many struggle with managing money, securing loans, and making wise investment decisions. They often struggle to grow...

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Sri Lanka ends ban on vehicle imports

Sri Lanka announced the lifting of a five-year ban on vehicle imports Tuesday as the country showed further signs of emerging from its worst economic meltdown...

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External trade cost high

The cost of import and export in Bangladesh is significantly higher than India, Malaysia, Vietnam and Singapore due to inefficient customs clearance and uncompetitive logistics services.

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FBCCI sees big potential in importing fruits from Pakistan

Bangladeshi importers and businessmen see big opportunities and potentials in importing dates, oranges, other fruits and agricultural products from Pakistan to meet the demand throughout the year, including during the holy month of Ramadan...

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Fellowship launched for high school dropout girls

The Kaiser and Wendy Zaman Fellowship, aimed at empowering adolescent girls who dropped out of secondary school, was launched on Tuesday under Brac’s Medhabikash programme, according to a press release on Tuesday...

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Govt exploring multiple sources for rice import

Interim government’s food adviser Ali Imam Majumder said that the government was prioritising trade over politics, welcoming imports from neighbouring countries like India, Myanmar, and Pakistan due to their proximity and lower costs...

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Use of BSW made mandatory for import-export clearance 

Import and export customs clearance in Bangladesh will require the mandatory submission of certificates, licences and permits, or CLP, through the Bangladesh Single Window or BSW system for seven government entities from February 1...

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US bans imports from dozens of Chinese firms

The US Department of Homeland Security said on Tuesday that it was adding 37 entities to the Uyghur Forced Labour Prevention Act entity list, bringing its total to nearly 150...

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BPC to buy diesel from India

The Bangladesh Petroleum Corporation has decided to import 1,30,000 tonnes of diesel from India’s Numaligarh Refinery Limited at an estimated cost of Tk 1,137 crore...

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Forex reserve drops to $20b

Bangladesh’s gross foreign exchange reserve, calculated as per the International Monetary Fund’s guidelines, has dropped to $20 billion, following a $1.67-billion payment to the Asian Clearing Union against import bills for November and December of 2024...

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Beximco now Tk 1,424 crore loan defaulter at Sonali Bank

Bangladesh Export Import Company Limited, commonly known as Beximco Limited, and GMG Airlines Limited, both entities of Beximco Group, have defaulted on loans amounting to Tk 1,544 crore with Sonali Bank PLC...

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LC margins for importing luxury cars reduced 50pc

The Bangladesh Bank on Thursday reduced the letter of credit (LC) margin for importing luxury cars to 50 per cent from the previous 100 per cent and removed LC margin limits for environment-friendly vehicles...

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Alleging irregularities, DSE asks CCBL to halt large procurements

The Dhaka Stock Exchange has requested a temporary suspension to large-scale procurement activities by the Central Counterparty Bangladesh Limited on allegations of irregularities, a lack of transparency and a delay in operation commencement...

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4 women get Begum Rokeya Padak-2024

Four women were awarded with the ‘Begum Rokeya Padak-2024’ for their outstanding contributions to society, women’s education and women’s empowerment...

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RMG makers facing banking challenges: study

The country’s apparel makers are facing significant challenges in banking processes, particularly with issues related to raw material imports and export proceeds receipts, according to a study...

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