Browsing Category
Latest Happenings
The goal is to let people know about the current business happenings through the “Now This” category.
Lighter Ship Costs Drop 25% Due to Syndicate Absence
The cost of lighter ship transportation from the outer anchorage of Chattogram port has plummeted by at least 25%following the removal of transportation syndicates. Goods are now being…
Hatem Succeeds Selim as BKMEA President
Managing Director of MB Knit Fashion Ltd, Mohammad Hatemhas been elected as the new President of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), following the…
BAT Bangladesh Achieves Tk22,339 Crore In Cigarette Sales Revenue For First Half Of 2024
In the first half of 2024, British American Tobacco Bangladesh Company (BATBC) generated Tk22,339 crore in revenue from cigarette sales, reflecting a 5% growth compared to the…
Bangladesh Bank Negotiates $3 Billion Loan with IMF
Bangladesh is in negotiations with the International Monetary Fund (IMF) for an additional $3 billion loanto address economic challenges following recent political upheavals. This…
Khandoker Rafiqul Islam Named BGMEA President
Khandoker Rafiqul Islam, managing director of Designtex Group, has been named the new president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) following the…
Bangladesh Bank Revokes Nagad’s Digital Banking License
Bangladesh Bank (BB) has temporarily suspended the digital banking licenseof Nagad, one of the country’s leading mobile financial service (MFS) providers, as the central bank initiates a…
E-Commerce Companies Hesitant to Adopt Digital ID
Local e-commerce companies in Bangladesh are showing reluctance to apply for the Digital Business Identification(DBID) due to regulatory and technical challenges, according to industry…
Remittance Inflow up $406 Million YoY in Early August
Bangladesh's inward remittance flow surged by 36% during the first 20 daysof August, driven by a significant increase in funds sent through official banking channels. According to data…
Bangladesh Bank Limits Lending at S Alam Group’s Banks
Bangladesh Bank has announced new lending restrictions affecting six banks associated with the S Alam Group, requiring these institutions to secure central bank approval for any loans…
Rashed Maqsood Named BSEC Chief
The interim government has announced the appointment of Khondoker Rashed Maqsood as the new chairman of the Bangladesh Securities and Exchange Commission (BSEC) for a four-year term. The…
