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BD new frontier for Japanese investment, says Japanese envoy BD new frontier for Japanese investment, says Japanese envoy

Dhaka : Japanese companies are looking at Bangladesh as a new frontier of investment in Asia, said Ito Naoki, Ambassador of Japan to Bangladesh at a digital seminar on Banking Support for Bangladesh-Japan Trade and Business Growth jointly organised by Eastern Bank Limited (E...

01 October, 2021
Foreign exchange endorsement for travel further eased by BB Foreign exchange endorsement for travel further eased by BB

Dhaka : Bangladesh Bank has allowed the endorsement of foreign exchange at a time as per passport validity in an effort to simplify overseas travel.
For instance, a traveller will be allowed to get USD 60,000 endorsed for a passport with a five-year validity. However,...

01 October, 2021
Bangladesh lends USD 150m to Sri Lanka Bangladesh lends USD 150m to Sri Lanka

Dhaka : While Sri Lanka is going through an economic emergency amid a serious scarcity of foreign reserves, the Bangladesh Bank has continued to provide the island nation with liquidity support under a currency swap deal.
The Bangladesh Bank has so far lent USD 150 million to debt-strapped Sri ...

16 September, 2021
IDLC brings country's first MFS based digital savings programme IDLC brings country's first MFS based digital savings programme

Dhaka : Bangladesh's largest non-banking financial institution, IDLC Finance introduces the country's first 'Digital Savings Scheme' through which the population previously living outside financial inclusion can enjoy the term-deposit services of IDLC Finance...

16 September, 2021
Bangladesh International Investment Summit on November 28-29 Bangladesh International Investment Summit on November 28-29

Dhaka : Bangladesh Investment Development Authority, jointly with International Finance Corporation will host the Bangladesh International Investment Summit (BIIS) 2021 on 28-29 November. 
A press conference was held marking the official announcement of the event...

16 September, 2021
Faruqu new MD for Microsoft Bangladesh Faruqu new MD for Microsoft Bangladesh

Dhaka : Microsoft has appointed Md Yousup Faruqu as Managing Director for Bangladesh. In this role, he will focus on accelerating digital transformation for public and private sector organisations, SMEs, communities, and industry verticals, collaborating with our robust part...

16 September, 2021
Formalwear market-leader East West Industrial Park diversifies products Formalwear market-leader East West Industrial Park diversifies products

Dhaka : Renowned garments exporter East West Industrial Park is diversifying its product line. Since its establishment in 1985, the company has been the market leader in formalwear. However, when the "work from home culture" emerged following the pandemic, the comp...

16 September, 2021
StanChart automates LankaBangla Securities investor accounts StanChart automates LankaBangla Securities investor accounts

Dhaka : Standard Chartered Bangladesh has signed an agreement with LankaBangla Securities to provide an end-to-end solution automating the latter's collections from investors and subsequent reconciliation process. 
Each investor will get a unique virtual acco...

01 September, 2021
View exchange meeting at SCCI to develop sustainable tourism View exchange meeting at SCCI to develop sustainable tourism

Dhaka : On August 29, Sylhet Chamber of Commerce and Industries arranged a view exchan-ged meeting where the chamber officials, tour operators of Sylhet and Pacific Asia Travel Association Bangladesh Chapter representatives participated. The purpose of the meeting was to und...

01 September, 2021
Banglalink CEO becomes new AMTOB President Banglalink CEO becomes new AMTOB President

Dhaka : Banglalink Chief Executive Officer Erik Aas has been elected as President of the Association of Mobile Telecom Operators of Bangladesh (AMTOB).
He will replace Mahtab Uddin Ahmed, Chief Executive Officer of Robi, said a press release.
The association ma...

01 September, 2021