Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday demanded cut in lending rates to help make trade and businesses more competitive on the global market, reports BSS. Commenting on the Monetary Policy Statement (MPS) of Bangladesh Bank (BB) announced last Thursday, the country's…

Bangladesh Bank governor Atiur Rahman yesterday said the central bank has undertaken a US$350 million project to strengthen its regulatory and supervisory capacity and improve the country’s financial market infrastructure, reports UNB. He informed this while addressing a workshop on Energy Efficiency…

Investment proposals both from local and foreign entrepreneurs surged by 29 per cent during April-June quarter (Q2) of 2015, according to the latest data of the Board of Investment (BoI), reports BSS. During the three months, BoI received proposals for investing a total of Tk 33 thousand 79 crore 92…

China has expressed its deep interest to upgrade or newly construct three paper mills of the country- Karnaphuli Paper Mills, Khulna Paper Mills and North-Bengal Paper Mills, Pakshi- on government-to-government (G to G) basis, reports UNB. China Chemical Engineering Second Construction Corporation (CCESCC),…

 The broader price index of Dhaka Stock Exchange (DSE) crossed 4800-point mark again when the trading began in bullish mood and maintained the trend to the end of the session, reports BSS. DSEX finished the day 9.71 points higher at 4802.02, with the blue-chip DS30 and the Shariah DSES ended the…

A recent study on Digital Bangladesh calls for a joint taskforce comprising Ministry of Finance, ICT Ministry and National Board of to establish a conductive taxation regime for rapid rollout of broadband services, says a press release. The taskforce will work to rationalize tax regime that will balance…

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said the former  enclave dwellers will be covered by electricity soon, says a press release. All the people in the 111 enclaves will get electricity as soon as possible, the minister said while speaking at a conference with REB's…

Samsung Mobile Bangladesh has announced attractive promotional prices for its flagship device the Galaxy S6 and Galaxy Note 4, says a press release. Besides, Samsung is offering promotional and new prices for mid-range devices, giving the customers the best offers to purchase Samsung devices. The latest…

AFP, ISLAMABAD: Pakistan’s car market has been dominated by Japanese automakers for decades, but a mini-economic revival looks set to attract new players from Europe and Korea into the mix. Despite heavy taxation on imported vehicles, enthusiasm for owning a car in Pakistan has remained undented—thanks…

AFP, ATHENS: Attention will be focused on Greece’s embattled banks today when the Athens stock exchange reopens after a six-week shutdown over the country’s debt crisis. The banks are in a vulnerable position because of outflows of billions of euros (dollars) from deposits over the past…

Upon successful piloting of electronic government procurement (e-GP) in 2011 the government is implementing the online procurement system through a central and national web portal (www.eprocure.gov.bd) since 2012. However, registration of both procuring entities (PEs) and tenderers started after the…

Want to verify the standard of a product showcased by a popular super shop in Dhaka? Just download the mobile app named BSTI (Product Check) from Google Play Store and you would find the names of different kinds of product which have approval from Bangladesh Standards and Testing Institution (BSTI),…