Bitcoin rose to a fresh record high just shy of $95,000 after a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt boosted expectations of a crypto-friendly regime under his incoming administration. Bitcoin, the world's biggest and best-known cryptocurren
CHATTOGRAM, Nov 20: Chairman of the Chittagong Port Authority (CPA) Rear Admiral SM Moniruzzaman revealed that efforts are underway to eliminate the syndicate system and monopoly practices at the port. As part of the crackdown, 23 licences of operators had been cancelled over allegations of malpra
Commerce Adviser Sk Bashir Uddin is in favour of liberal trade policies aimed at maintaining a balance between the country's supply and demand. "We want to build trade ties with all. Whether it is India or China or Pakistan, that should not be an issue for Bangladesh," he said while inaugurating a
The government has formed 39 teams to monitor the overheated commodities markets in the city to ensure smooth supply of essential items and keep prices stable, sources said. The teams were constituted with members from seven entities - the ministries of commerce, food and agriculture, Directorate
CHATTOGRAM, Nov 20: Saif Powertec Limited, an international-standard domestic port operator, handled more than 20-million TEU (twenty-foot unit) containers and 14,000 vessels at Chittagong port from 2007 to October 2024. Sources said Saif Powertec handled 13,964 vessels at the country's prime seap
Businesses lose out as the real effective exchange rate (REER) index rose to 102.97 in October from 100.40 in September that signals a decline in the competitiveness of Bangladesh's currency in international trade, sources say. According to the latest measure for October 2024, prepared by Banglade
Mahmud Hasan Khan, managing director of Rising Fashions, has formally been announced as the panel leader of Forum, a panel of the country’s garment makers. The announcement was made on Wednesday at an event held at a Dhaka city hotel ahead of Bangladesh Garment Manufacturers and Exporters As
NCC Bank PLC in collaboration with Department of Youth Development (DYD) organized a three days long training on "Financial Literacy & Technical Skill Development for Women Empowerment" for 100 women entrepreneurs recently at Gram Unnayan Karma (GUK) Auditorium, Bogura. Dr. Gazi Md. Saifuzzaman, D
Bank Asia PLC has won SAFA Best Presented Annual Report Award 2023 for Integrated Reporting among all the participating institutions. The prestigious win is a testament of Bank Asia's commitment for greater transparency and accountability towards its stakeholders. In addition, the bank achieved ʻC
Reputed banker Md Jashim Uddin has joined Bangladesh Development Bank PLC as Managing Director and CEO on 20 November, 2024. The Financial Institutions Division of the Ministry of Finance recently appointed him by issuing a circular, according to a media release Prior to joining Bangladesh Develo
