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Tags : business


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Businesses seek more security for smooth supply chain

Business leaders on Thursday sought support from the Bangladesh Army for preventing extortion and enhanced security for industrial and commercial establishments to ensure an uninterrupted supply chain...

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Textile millers demand low-cost loans to offset business losses

The country’s textile mill owners have sought low-interest bank loans to help cover workers’ wages and utility bills for July, saying that the industry faced significant financial losses due to the disruption of business operations amid the recent unrests over quota-reform movement...

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Business community must rise above partisan position

AMID the curfew imposed on July 20 for an indefinite period apparently to contain violence centring student protests for quota reforms, businesspeople at a meeting with the prime minister on July 22 urged the government to immediately reopen factories. Most business leaders who attended applauded the government for creating...

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Sixteen business memos signed

Bangladeshi and Chinese companies on Tuesday signed 16 memorandums of understanding to boost investment in Bangladesh, where Bangladesh will receive $490 million under four MoU, according to a press release...

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BGMEA, Chinese businesses explore trade scopes

A business delegation from China, comprising representatives from leading garment and textile companies visited the Bangladesh Garment Manufacturers and Exporters Association on Tuesday...

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Mahbubur gets lifetime award from Business Tabloid Magazine

Syed Mahbubur Rahman, managing director and chief executive officer of Mutual Trust Bank PLC, has been honoured with ‘Most influential banking leader, lifetime achievement award – Bangladesh’ by Business Tabloid Magazine, said a press release...

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14th Social Business Day ends in Manila

The 14th Social Business Day 2024, hosted by Nobel peace laureate professor Muhammad Yunus, was concluded in Manila on June 28 at the SMX Aura Convention Center in the Philippines...

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Prof Abu Yousuf new director of IBA-DU

Professor Abu Yousuf Md Abdullah has been appointed as the new drector of the Institute of Business Administration at the University of Dhaka, effective from Sunday...

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StanChart, Korean businesses for boosting trade activities

Standard Chartered, embassy of the Republic of Korea to Bangladesh, Bangladesh Investment Development Authority, the Bangladesh Bank and Korea-Bangladesh Chamber of Commerce and Industries at a recent dialogue discussed actions that could be taken to promote and drive Korean business activity in Bangladesh, according to a press release...

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ICT businesses concerned over tax waiver removal

Information technology sector leaders on Sunday expressed their concerns over some provisions in the proposed budget for the 2024-25 financial year, saying that the removal of tax exemptions for cloud services and IT process outsourcing could hamper the sector’s journey toward achieving self-reliance...

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Business leaders express mixed reactions

The country’s business leaders on Thursday expressed their mixed reactions over the proposed national budget for the financial year 2024-25 placed by the...

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Business environment decline warrants corrective efforts

A DECLINE in business environment, as the Bangladesh Business Climate Index 2023–2024 launched on May 30 shows, caused by the required reforms yet to be done, pressure from tax authorities and increasing interest rates is worrying. The index that the Metropolitan Chamber of Commerce and Industry, Dhaka and...

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UK offers $50m loan for SME, women businesses

British International Investment, the UK’s development finance institution and impact investor, has announced a loan commitment of $50 million to BRAC Bank, a leading SME bank in Bangladesh, to support small businesses and women entrepreneurs...

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Stern action is required to free city footpaths

A HOME ministry affidavit, submitted to the High Court on April 29, says that local political leaders and ward councillors are involved in running business by grabbing footpaths in Dhaka. A five-member committee, formed in May 2023 to investigate illegal businesses...

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Lecture on governance framework held at UIU

The School of Business and Economics of United International University organised a series programme titled ‘The Bangladesh Constitution and its Governance Framework’ as a part of Bangladesh Corpus: Public Lecture Series-2024 at UIU Campus on Madani Avenue in Dhaka...

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German business morale improves again in April

German business sentiment rose for a third consecutive month in April, a key survey showed Wednesday, as hopes grow that a recovery is getting under way in Europe’s stuttering top economy...

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Economic headwinds put financial stability at risk

The country has been mired in a prolonged economic crisis due to a lack of reform, leading to decade-high inflation and a persistent shortage of dollars over the past two years. The economic challenges exacerbated by the conflict between...

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