Dhaka : Customers of the largest MFS Add Money network of 29 banks, Visa and Mastercard can conveniently add money to their bKash accounts, evading the risk of withdrawing money from bank counter or ATM booth amid the surge in Covid-19 infections, announced bKash on June 26....

Dhaka : Bangladesh offers cash incentives for RMG exports to new markets to Joint Ventures and fully domestic companies (Type B and C). However, Japan owned foreign companies (Type A) are not eligible for this cash incentive. This policy is very discouraging for Japanese inv...

Dhaka : The World Bank's Board of Executive Directors has approved a USD 191 million credit to Bangladesh to help the country strengthen the higher education sector and respond better to the Covid-19 pandemic.
The Higher Education Acceleration Transformation Proje...

Dhaka : Bangladesh and Oman have discussed formation of a joint business council as the two countries see "huge potential" for expanding economic partnership.
The two sides at the first ever foreign office consultation (FOC) held virtually on June 8 also dis...

Eastern Bank Ltd cardholders will be offered exclusive benefits on healthcare services of GD Assist. M Khorshed Anowar, DMD and Head of Retail and SME Banking of EBL and Syed Moinuddin Ahmed, MD of GD Assist Ltd signed a deal for this purpose in the capital recently. Syed Zulkar Nayen, SEVP and Head o...

Dhaka : The World Bank has forecast that Bangladesh's economy will grow by 3.6 per cent this fiscal year, revising its earlier forecast of 1.6 per cent.
The development lender, in its flagship publication 'Global Economic Prospects', also said Bangladesh&#...

Dhaka : Eastern Bank Limited (EBL) has announced 35 per cent dividend for the year ended on December 31, 2020. The dividend comprising 17.50 per cent cash and 17.50 per cent stock was  unanimously approved by the shareholders at the 29th Annual General Meeting (AGM) hel...

Dhaka : Brac Bank posted BDT 141 crore profit after excluding tax in the first quarter of the current year showing 31 per cent year on year growth. 
Brac Bank disclosed the quarterly (January-March 2021) results at a virtual earnings disclosure event held on May ...

Dhaka : Bangladesh Bank has announced to launch a refinance scheme of BDT 100 crore to help bus owners affected by the restrictions on movements following corona related lockdowns.
The central bank took the decision on May 24 to help the bus owners, as they faced huge...

Dhaka : Square Pharmaceuticals Ltd is going to be the first Bangladeshi drug-maker to produce medicines abroad as it starts manufacturing in Kenya by August this year.
The pharma giant has already completed construction of its manufacturing plant in the Kenyan capital...