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Tags : business


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Walmart lifts full-yr forecast

Walmart reported a jump in third-quarter profits Tuesday behind solid US sales and gains in its e-commerce business as the retail behemoth lifted its full-year financial forecast...

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AB Bank wins two Mastercard excellence awards

AB Bank won awards for excellence in Mastercard Business (Financial Inclusion) and Excellence in Mastercard Debit Business (Domestic) 2023-24 on Saturday, says a press release.

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Businessman found murdered in city

The police on Thursday identified the dismembered body found wrapped in polythene at Rupganj in Narayanganj as dyeing businessman Jasim Uddin Masum...

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Business people want smooth utility supply

The country’s leading businesses on Thursday asked the interim government to ensure uninterrupted supply of gas and power to industries and to remain alert to factory unrest hampering production.

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Promote responsible business conduct in RMG sector, experts urge govt, brands

Experts and labour leaders on Thursday said that the government and the global brands could play a crucial role in promoting responsible business conduct within the readymade garment supply chain by upholding national and international standards to enhance workers’ quality of life and social security...

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Govt should bust nexus of tycoons close to Hasina

POWERFUL business tycoons, who had been close to the deposed prime minister Sheikh Hasina, have swindled $17 billion off the banking sector, as the Bangladesh Bank government has said in an interview with the Financial Times, during the 15 years of the authoritarian regime of the Awami League. The central banker is reported to have said that the tycoons...

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BBDN, SME Foundation sign deal to boost financial inclusion

The Bangladesh Business and Disability Network and SME Foundation have signed an agreement that outlines a shared commitment to advancing the agenda of accessible financial services for entrepreneurs with disabilities, with a focus on advocacy, product development and capacity-building initiatives in the banking and financial sectors...

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New twist in credit card business

IN TODAY’S world, credit is a unique or ‘special’ form of money that is not fully convertible or exchangeable with other forms of currency. People agree that credit is both a resource that allows current needs to be met, but it is simultaneously a liability that requires future repayment, normally with interest. Credit, in this sense, is unique because to...

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Businesses urge for improved business climate

Business leaders on Saturday sought better business climate in the country and said that issues like law and order situation, rising interest rates and other macroeconomic challenges must be addressed as these factors have impacted the economy negatively...

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EBFCI keen to invest in pharma, agri sectors

Bangladeshi expatriate businesses living in Europe have expressed their keen interest to invest in the country’s pharmaceuticals, healthcare, agriculture, processed food, education, technology, services sector and human resources development...

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Extortion case filed against Aziz, Benazir 

A case was filed against five persons, including former army chief general (retired) Aziz Ahmed and former inspector general of police Benazir Ahmed for demanding Tk 100 crore as extortion from a business person in September 2019...

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German business morale falls again in August

German business confidence fell further in August, a closely-watched survey showed Monday, as Europe’s biggest economy struggles to emerge from a weak period...

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Businesses seek more security for smooth supply chain

Business leaders on Thursday sought support from the Bangladesh Army for preventing extortion and enhanced security for industrial and commercial establishments to ensure an uninterrupted supply chain...

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Textile millers demand low-cost loans to offset business losses

The country’s textile mill owners have sought low-interest bank loans to help cover workers’ wages and utility bills for July, saying that the industry faced significant financial losses due to the disruption of business operations amid the recent unrests over quota-reform movement...

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Business community must rise above partisan position

AMID the curfew imposed on July 20 for an indefinite period apparently to contain violence centring student protests for quota reforms, businesspeople at a meeting with the prime minister on July 22 urged the government to immediately reopen factories. Most business leaders who attended applauded the government for creating...

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Sixteen business memos signed

Bangladeshi and Chinese companies on Tuesday signed 16 memorandums of understanding to boost investment in Bangladesh, where Bangladesh will receive $490 million under four MoU, according to a press release...

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BGMEA, Chinese businesses explore trade scopes

A business delegation from China, comprising representatives from leading garment and textile companies visited the Bangladesh Garment Manufacturers and Exporters Association on Tuesday...

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Mahbubur gets lifetime award from Business Tabloid Magazine

Syed Mahbubur Rahman, managing director and chief executive officer of Mutual Trust Bank PLC, has been honoured with ‘Most influential banking leader, lifetime achievement award – Bangladesh’ by Business Tabloid Magazine, said a press release...

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14th Social Business Day ends in Manila

The 14th Social Business Day 2024, hosted by Nobel peace laureate professor Muhammad Yunus, was concluded in Manila on June 28 at the SMX Aura Convention Center in the Philippines...

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Prof Abu Yousuf new director of IBA-DU

Professor Abu Yousuf Md Abdullah has been appointed as the new drector of the Institute of Business Administration at the University of Dhaka, effective from Sunday...