Swiss firm to invest $6 million in Meghna economic zone
Sika Bangladesh, a subsidiary of Switzerland-based construction chemical manufacturer Sika Group, is investing $6 million setting up a 10,000-square metre factory in Meghna Industrial Economic Zone (Miez) in Sonargaon of Narayanganj.
Sun may disrupt satellite’s TV broadcast for eight days
Television broadcasts of local channels could be disrupted for a total of 81 minutes from tomorrow to October 7 as the sun could be in direct line with Bangabandhu Satellite-1, disrupting the signal of the satellite.
BB approval must for NBFIs to lend to subsidiaries, waive interests
The non-bank financial institutions (NBFIs) will have to take permission from the central bank to lend to their subsidiaries or associates and waive loans or interests.
‘Go for regulatory reforms to attract more EU investment’
Bangladesh should go for regulatory and taxation reforms along with building level playing fields for local and foreign firms to attract more foreign direct investment from the European Union, EU Ambassador Charles Whiteley said today.
Stocks keep falling
Most shares on the Dhaka and Chittagong stock exchanges dropped today as economic uncertainty at home and abroad persists, prompting the key indices to retreat for the third consecutive day.
Influential US trade bodies want GSP's reactivation
The American Apparel and Footwear Association (AAFA) along with 270 other trade bodies has urged the US Congress for reactivating the Generalised System of Preferences (GSP) for the convenience of the American traders.
Swiss firm to invest $6 million in Meghna economic zone
Sika Bangladesh, a subsidiary of Switzerland-based construction chemical manufacturer Sika Group, is investing $6 million setting up a 10,000-square metre factory in Meghna Industrial Economic Zone (Miez) in Sonargaon of Narayanganj.
Sun may disrupt satellite’s TV broadcast for eight days
Television broadcasts of local channels could be disrupted for a total of 81 minutes from tomorrow to October 7 as the sun could be in direct line with Bangabandhu Satellite-1, disrupting the signal of the satellite.
BB approval must for NBFIs to lend to subsidiaries, waive interests
The non-bank financial institutions (NBFIs) will have to take permission from the central bank to lend to their subsidiaries or associates and waive loans or interests.
‘Bangladesh made moderate advancement in eliminating child labour’
Bangladesh made moderate advancement in efforts to eliminate the worst forms of child labour in 2021, the US Department of Labor said today.
Meta includes Bangladesh in annual marketing summit
Meta, formerly known as the Facebook company, for the first time has expanded its annual marketing summit to Bangladesh, and the digital event was aired today.
Loans to become costly as policy rates hiked by 25 basis points
Bangladesh Bank today hiked its key interest rate or policy rate by 25 basis points to 5.75 per cent with a view to containing the inflationary pressure.
Leading towards a better tomorrow: the inspirational stories of Shehzad Munim
On the fourth episode of Preronar Kotha Season 03, we had the opportunity to speak to one such top executive from the corporate sector, considered a trailblazer in changing the perception about Bangladeshi leaders in business.
DSE, CSE end in the black although most shares fall
The Dhaka and Chittagong stock exchanges rose marginally yesterday, snapping a three-day declining trend.
NFBIs demand withdrawal of cap on deposit interest
The non-bank financial institutions have demanded withdrawal of the 7 per cent interest cap on deposit.
FBCCI teams up with New York chamber to boost bilateral trade
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Greater New York Chamber of Commerce and Industry (GNYCCI) have recently joined hands to boost bilateral trade between Bangladesh and the United States of America.