Draft import policy awaits cabinet approval
FE ReportThe draft of a new Import Policy Order (IPO) for 2025-2028 has been prepared, featuring major changes in the existing IPO for 2021-2024, Commerce Adviser Sk Bashir Uddin said on Sunday."We are trying to bring significant changes to the import policy order. Once these are finalised through the cabinet,...
Read more
Faster internet packages inaugurated at unchanged rates
Bangladesh Telecommunications Company Limited (BTCL) has announced a major upgrade to all its existing internet packages, increasing speeds by up to three times while keeping monthly charges unchanged, aiming to ensure improved digital services for customers, reports BSSUnder the new initiative, customers will be able to enjoy significantly faster internet...
Read more
NEIR rollout being rushed without adequate consultation
FE REPORTMobile phone traders have alleged that the implementation of the National Equipment Identity Register (NEIR) is being rushed without adequate consultation, potentially causing hardship for small traders and raising concerns among consumers.At a press conference on Sunday afternoon at the Dhaka Reporters Unity, representatives of the Mobile Business Community...
Read more
Islami Bank launches rebranding of 'mCash'
Islami Bank Bangladesh PLC's mobile financial service 'mCash' has embarked on a new journey through rebranding.Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, inaugurated the rebranding at the Pan Pacific Sonargaon Hotel in Dhaka on Sunday.Professor Dr. M. Zubaidur Rahman, Chairman of the bank, presided over the programme while Arief...
Read more
RCCI polls to be held Jan 15
OUR CORRESPONDENTRAJSHAHI, Jan 1: The Rajshahi Chamber of Commerce and Industry (RCCI) elections will be held on January 15. Local traders are now feeling enthusiastic about the biennial polls, as they are eagerly waiting to exercise their franchise. On Saturday, independent president candidate, Abdul Awal Khan Chowdhury Jyoti, who will...
Read more
BRAC Bank extends digital SME lending programme to Medbox
BRAC Bank has entered into a partnership with Medbox Solution Limited to extend its digital lending programme 'Shafollo' to Medbox's affiliated pharmacies, enabling access to formal financing for a largely underserved segment of the pharmaceutical business ecosystem. MedBox is an integrated B2B medicine distribution chain solution in Bangladesh, says a...
Read more
BD increases spending on LNG import
Bangladesh's interim government in 2025 paid around US$3,877.74 million to import 109 LNG-filled cargoes against an amount of $3,022.32 million for 86 cargos in 2024 amid increased demand for the liquefied gas in industries amid plans to import more in current year, reports BSS. "We spent US$ 855.42 million more...
Read more
SBAC Bank signs MoU with Best Western Plus Bay Hills Hotel-
SBAC Bank PLC signed an MoU with Best Western Plus Bay Hills Hotel located in Himchari, Cox's Bazar at the bank's head office recently. In the presence of S. M. Mainul Kabir, Managing Director and CEO of SBAC Bank; Mohammad Shafiul Azam, Head of Digital Financial Inclusion Division and Shahadat...
Read more
Two elite premium cards unveiled at 'UCB Night'
The United Commercial Bank PLC (UCB) arranged "UCB Night - The Beginning of a New Era" at the Radisson Blu Water Garden Hotel on Friday.The evening witnessed the official unveiling of two highly anticipated elite cards- UCB Visa Infinite Card and the UCB Mastercard World Elite, says a press release....
Read more
Dr Ezazul Islam new BIBM DG
Dr. Md Ezazul Islam has been appointed as Director General (DG) of the Bangladesh Institute of Bank Management (BIBM). Before taking up his new role, Dr. Islam served as Executive Director (Grade-1) in charge of the Monetary Policy Department at Bangladesh Bank and was an active member of the Monetary...
Read more