A new report by the IFC-facilitated Sustainable Banking Network (SBN) shows Bangladesh, Mongolia, and Nepal have identified green finance as a top priority for sustainably developing their financial sectors. The report- “Necessary Ambition: How Low-Income Countries Are Adopting Sustainable Finance to Address Poverty, Climate Change, and Other...
President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim said stimulating the economy in COVID-19 realities, job creation and investments in India-Bangladesh joint ventures are the best way to benefit both the nations. “At this juncture as our bilateral trade stands at...
Automobile traders urged to provide tax exemption on import of expire parts for next one year to overcome challenges in the vehicle assembling sector. Bangladesh Automobiles Assemblers and Manufacturers Association (BAAMA) leaders also recommended stopping registration of foreign light-truck in name of pick-up category while addressing an...
The Bangladesh Securities and Exchange Commission on Tuesday approved the initial public offering of Walton Hi-Tech Industries, allowing the company to raise Tk 100 crore by issuing 29.28 lakh shares at Tk 252-315 each. The stock market regulator gave the approval at a commission meeting presided over by its...
Omera Cylinder Limited, a Bangladeshi liquid petroleum gas (LPG) cylinder manufacturer, went global when it became the first company to export LPG cylinders to African countries. Omera Cylinders Limited (OCL), a leading manufacturer of steel LPG cylinders in Bangladesh, has been engaged in manufacturing since 2015. “We...
Jobike, an on-demand bicycle renting service, will launch in the city’s Gulshan, Banani, Baridhara and Niketan area on Wednesday aiming to provide a safe, affordable and environment-friendly ride. More than 100 Jobikes will be available at 22 parking spots in the mentioned areas, where riders will be...
Addressing challenges related to impacts on SMEs due to COVID-19 pandemic would require an innovative and holistic approach that tackles regulatory issues, enables easier access to finance and recognises the challenges of the 21st century business landscape, experts opined. These, among many other conclusions were drawn at...
As the COVID-19 pandemic continues to ravage the health and safety of the citizens of Bangladesh, the economy plummets due to mandatory closure. Low income and/or labour-intensive jobs, which represent most of the informal sector and a significant share of SMEs, have been most affected. Many of...
Online video streaming has taken over our life. The ubiquity of handheld devices, access to the internet, consistent push from platforms like Google, Facebook, and digital media platforms, video consumption has shot up in the last decade. Today’s entertainment can be defined by: endless choices, global, and...