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Trade
11 minutes ago

ABB deplores media reports on bank MDs’ visit to USA

The Association of Bankers Bangladesh Limited (ABB) has expressed concern over what it termed incorrect and misleading reports regarding the participation of some managing directors in two upcoming events in the US. The United States Department of Justice (DOJ), Office of Prosecutorial Development

Editorial
24 minutes ago

Managing escalation of manufacturing costs

While exporters of certain finished goods and commodities have rejoiced over the introduction of crawling peg in currency exchange, manufacturers depending overwhelmingly on imports of most of the raw materials do feel the bite. Even the apparel sector comprising readymade garment (RMG) and its all

Columns
30 minutes ago

Doing business in a bizarre system

That Bangladeshi investors and entrepreneurs are facing trouble or face trouble when doing business is not a secret. That the cost of doing business in Bangladesh is high is well known and the situation has been so for ages. While it's true that the pre-1971 situation was hobbled by lack of politic

Opinions
32 minutes ago

Danger of faster sea level rise

American south is witnessing an alarming rise in sea level affecting coastal communities across eight US states, says a Washington Post analysis reported last month (April 29). The tide gauges of the water level monitoring stations at more than eight points from Texas to North Carolina found that s

Trade
38 minutes ago

BB changes policy to expedite repatriation of export proceeds

The Bangladesh Bank (BB) has taken up a new initiative to speed up the repatriation of export proceeds. Under this new policy, exporters will receive payment based on the exchange rate at the time the earnings are brought into the country, rather than the rate at the time the earnings were due. I

Views
42 minutes ago

Inclusive finance & micro enterprise development in Bangladesh

Bangladesh's remarkable economic growth story is intricately woven with the rise of microfinance and its impact on poverty alleviation. Inclusive finance, a broader concept encompassing microfinance and other financial services for the underserved, has emerged as a powerful tool for empowering indi

Trade
42 minutes ago

Weekly savings option of Tk 250 to Tk 5,000 added to bKash app

Short-term ‘weekly savings’ of two banks and a financial institution has been introduced in the bKash app, facilitating people from all walks of life to save money as well as building savings habit. This weekly digital savings service has been launched on bKash app for the first time i

National
an hour ago

Second phase of upazila parishad election on Tuesday

The second phase of the country’s sixth upazila parishad election will be held with the balloting in 156 different districts in the country on Tuesday (21 May). The voting will begin at 8:00am and will continue till 4:00 pm without any break. Some 1,824 candidates, including 603 chairman co

Trade
an hour ago

Bangladesh Commerce Bank inaugurates Laxmipur sub-branch

Recently, the 'Laxmipur sub-branch' of Bangladesh Commerce Bank Limited (BCBL) was inaugurated with all modern banking facilities. Member of Parliament of Laxmipur-3 Constituency Mr Golam Farooq Pinku MP was present as the chief guest in the programme, according to a press statement.  Mr Hum

National
an hour ago

BNP mourns deaths of Iranian President, Foreign Minister

BNP Secretary General Mirza Fakhrul Islam Alamgir on Monday expressed deep shock and sorrow over the tragic deaths of Iranian President Dr Seyyed Ebrahim Raisi, Foreign Minister Dr Hossein Amir Abdollahian, and their entourage in a helicopter crash. In a condolence message, he said the deaths of t

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