• Images

    Bangladesh’s upper poverty rate hits 30pc: WB report

    Staff Correspondent | Updated at 11:55pm on April 12, 2021

    Bangladesh’s upper poverty rate has reached 30 per cent of the population as an adverse impact of the COVID-19 pandemic, the World Bank said in its latest report released on Monday. Substantial gains...

  • Images

    Stocks gain after 2-day plunge

    Staff Correspondent | Updated at 11:53pm on April 12, 2021

    Dhaka stocks gained slightly on Monday after a plunge in the previous two sessions as investors showed mixed reactions to increased restrictions the government is going to enforce in April 14-21 across...

  • Images

    Bangladesh Bank extends CMSME package execution time to June 30

    Staff Correspondent | Updated at 11:52pm on April 12, 2021

    The Bangladesh Bank on Monday extended for the fifth time the deadline for the implementation of Tk 20,000-crore stimulus package meant for cottage, micro, small and medium entrepreneurs as...

  • Images

    Leather sector businesses get 3 more months

    Staff Correspondent | Updated at 11:50pm on April 12, 2021

    The Bangladesh Bank on Monday extended the special loan rescheduling facility by three months for the leather sector entities relocated in the Savar Leather Industrial Park on the outskirts...

  • Images

    Faruque Hassan elected BGMEA president

    Staff Correspondent | Updated at 09:13pm on April 12, 2021

    Giant Group managing director Faruque Hassan has been elected president of the Bangladesh Garment Manufacturers and Exporters Association unopposed for the term 2021-23. The BGMEA...

  • Images

    Safiul becomes Pubali Bank MD, CEO

    | Updated at 11:46pm on April 12, 2021

    Safiul Alam Khan Chowdhury has been appointed managing director and chief executive officer of Pubali Bank by the bank’s board of directors, said a press release. Prior to the promotion, he had been serving as an additional managing...

  • Images

    United Commercial Bank launches Uclick

    | Updated at 11:42pm on April 12, 2021

    United Commercial Bank has launched its digital customer on-boarding platform Uclick in line with the Bangladesh Bank’s e-KYC policy, said a press release. UCB hopes that this initiative will help to easily meet the...

  • Images

    Huawei to invest more in intelligent vehicles

    Business Desk | Updated at 11:41pm on April 12, 2021

    To boost business resilience, Huawei will strengthen its software capabilities and invest more in businesses that are less reliant on advanced process techniques, as well as in components for...