Local firms gain ground in making lights
Bangladesh’s entrepreneurs have made a lot of advancements in building their capacity to make lighting products and accessories for residential and industrial use.
Autogas consumption rising amid higher fuel costs
The number of filling stations that dispense liquefied petroleum gas (LPG), also known as Autogas, is on an upward trend across the country as consumption is growing amid government efforts to cut dependency on compressed natural gas (CNG) and fuel oil.
BB move lifts stocks
Shares in Bangladesh bounced back yesterday after falling for two consecutive sessions as general investors thought that banks might increase their participation in the market after a central bank move.
Bangladesh Bank moves to stop illegal banking by cooperative societies
Bangladesh Bank today urged the Department of Cooperatives to take measures against illegal banking activities carried out by several cooperative societies.
Rules eased for exporters to keep dollars
Bangladesh Bank today said exporters can now retain value-added amount of export proceeds in US dollars for 30 days instead of 15 days.
BB asks banks to cut energy use
Bangladesh Bank yesterday asked banks to reduce use of electricity and energy consumption as part of the austerity measures taken by the government to contain the volatility in the foreign exchange market.
Stop illegal banking by cooperatives: BB
The Bangladesh Bank yesterday urged the Department of Cooperatives to take measures against the illegal banking operation carried out by several cooperative societies.
Banks asked to suspend evening banking
Bangladesh Bank yesterday asked bank to suspend their evening banking operation in order to reduce electricity consumption as part of the government’s austerity measures.
BB assures BSEC of policy support for stock, bond markets
Bangladesh Bank recently assured the Bangladesh Securities and Exchange Commission (BSEC) that it would continue providing policy support to develop both the stock and bond market.
Bank Asia awards certificates after training course
The 59th Foundation Training Course for the business officers of Channel Banking Division of Bank Asia has been completed recently.
Bangladeshi vessel with Indian transit container reaches Ctg port
A Bangladeshi vessel—MV Trans Samudera—carrying an Indian transit container from Kolkata reached Chattogram port today.
‘Miniket is not a rice variety’
The Directorate of National Consumers Right Protection (DNCRP) will launch a drive to stop sales of miniket rice in the market, as miniket is not an actual rice variety, said AHM Shafiquzzaman, director general of the DNCRP.
Nagad opens 11 new service points
Nagad, a mobile financial service provider of the Bangladesh Postal Department, launched a new 11 Nagad-Sheba points at different districts across the country.
Konka wins Peace of Mind Award 2022
Refrigerator brand Konka recently won the “2022 Peace of Mind Award” at the fifth Yunfeng Conference organised by the Interface News of Shanghai Newspaper Group.
ECB poised for big rate hike
After raising interest rates for the first time in over a decade at their last meeting, European Central Bank policymakers are poised to deliver another bumper hike on Thursday in a show of determination to tame soaring inflation.
BFIU seeks bank details of Tabith Awal, 2 brothers, sister-in-law
The Bangladesh Financial Intelligence Unit (BFIU) today asked banks to provide detailed information of accounts and transactions of Tabith M Awal along with three of his family members.
