The readymade garment (RMG) sector bid a heartfelt farewell to Abdullah Hil Rakib, founder and managing director of Team Group, at the BGMEA Complex in Uttara, Dhaka, before he was laid to rest at the BAF Shaheen graveyard on Saturday. A stalwart of the industry for over three decades, Rakib died i
The National Board of Revenue (NBR) is contemplating whether to introduce an automatic system for refunding excess taxes realised from taxpayers. “We are thinking to send back the refund money directly to the taxpayer's bank account,” a senior NBR official said, UNB reports. But
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Textilepages.com, a global B2B platform, signed a Memorandum of Understanding (MoU) on Sunday at the former’s Uttara office in the city. This partnership aims to empower BGMEA member factories, particularly small and
United Commercial Bank PLC (UCB) has ushered in a transformative chapter in the country’s banking sector. Following the successful completion of a Core Banking System (CBS) upgrade between June 9 and June 14, UCB has resumed full operations from June 15 with enhanced, intelligent, and future
The apparel apex body, BGMEA and Swisscontact have joined forces to drive sustainable and inclusive transformation in the country’s readymade garments (RMG) sector. In this connection, Swisscontact and Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday signed a Memo
The International Chamber of Commerce (ICC) has become a convener of a Business Call to Action, bringing the voice of the global business community to the United Nations Ocean Conference. The call is supported by more than 80 signatories from 25 countries, including 55 businesses with a combined t
Mutual Trust Bank PLC (MTB) proudly announces the launch of the MTB NRB Account, a ground-breaking financial solution tailored specifically to meet the unique needs of non-resident Bangladeshis (NRBs). According to a statement, this innovative product simplifies the account opening process and off
An Eid reunion was held at the head office of Islami Bank Bangladesh PLC on 15 June 2025, Sunday, organized by Islami Bank Officers’ Kallyan Somity (IBOKS). The event was arranged to foster goodwill and share joy among colleagues returning to work after Eid, according to a press release.&nbs
BRAC Bank has organised a customer engagement event in Daudkandi, Cumilla, aimed at creating awareness among remittance beneficiary families about the advantages of utilizing formal banking channels and importance of prudent financial management. Held on May 24, 2025, at the Daudkandi Agent Bankin
Britain could potentially support Israel in its conflict with Iran, but the decision to send additional military jets to the Middle East was made mainly to protect British bases and personnel, British finance minister Rachel Reeves said on Sunday. Israel and Iran launched fresh attacks on each oth
