Move to build countrywide warehouse network underway
The government has initiated a project to establish a 'Strategic Reserve' of essential commodities through building a modern warehouse network across the country, aiming to strengthen market stability and emergency supply reliance, sources said.To this effect, the state-owned Trading Corporation of Bangladesh (TCB) recently submitted a proposal to the Ministry...
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Commerce secy urges diversification of exports
Commerce Secretary Md. Ataur Rahman Khan has called for product and market diversification, exploration of new export destinations, and stronger commercial missions abroad to sustain the country's export earnings.He made the remarks on Tuesday afternoon during a meeting titled "Export Diversification, Expansion, and Review of Export Earnings for FY 2025-26,"...
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Bajus cuts gold price for second straight day
The Bangladesh Jewellers Association (Bajus) has again cut the price of gold in the local market, reducing the rate of 22-carat gold by Tk 3,324 per bhori within 24 hours, reports UNB.In a notice issued on Tuesday morning, Bajus said the new price, inclusive of VAT, has been set considering...
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NSU hosts Social Business Innovation Summit
North South University (NSU), through its School of Business and Economics (SBE), in collaboration with Yunus Centre, organised the Social Business Innovation Summit 2026 at the NSU auditorium on Tuesday.Sponsored by Dhaka Bank PLC, United Commercial Bank PLC, and Capitec Asset Management Ltd, the summit has brought together distinguished policymakers,...
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ICAB elects president and four vice-presidents
The Institute of Chartered Accountants of Bangladesh (ICAB) has elected Sabbir Ahmed FCA as President and Neaz Mohammed FCA, Ala Uddin FCA, Asifur Rahman FCA, and Mohammad Redwanur Rahman FCA as Vice-Presidents of the institute for the term from July 2026 to June 2027.Sabbir Ahmed is currently a Partner of...
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EDOTCO Bangladesh appoints Al Batuni as country managing director
EDOTCO Bangladesh announces the appointment of Al Batuni Mohammad Sayed Ahmed as Country Managing Director.With over 20 years of expertise in telecommunications and digital services, Al Batuni brings deep industry knowledge and a strong strategic vision to lead EDOTCO Bangladesh's continued expansion and innovation in the telecom sector, says a...
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VEON keen to invest in BD's digital financial services
Global digital operator VEON Group has expressed its willingness to expand investment in Bangladesh's digital financial services sector.The willingness was expressed during its meeting with Bangladesh Bank Governor on Tuesday, as the company seeks to deepen its presence beyond telecommunications.The meeting, led by VEON Group Chairman Augie K. Fabela II,...
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IDCOL secures 'Best Sustainable Bank in Bangladesh' title at FinanceAsia Awards
Infrastructure Development Company Limited (IDCOL) has once again solidified its position as Bangladesh's leading climate finance catalyst, winning the "Best Sustainable Bank in Bangladesh" award at the FinanceAsia Awards 2026. This marks the fourth consecutive year the institution has taken home this prestigious regional honour. M. Maftun Ahmed, Company Secretary...
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DCCI calls for stronger fiscal-monetary coordination
The Dhaka Chamber of Commerce and Industry (DCCI) has called for closer coordination between fiscal and monetary policies to support private sector-led economic growth and ensure effective implementation of the government's development initiatives, reports BSS.In a statement issued on Tuesday, DCCI President Taskeen Ahmed said the recently approved Tk 9.38...
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NAGAD, RUPALI BANK SIGN DEAL TO EASE REMITTANCE INFLOW
Nagad, the mobile financial service of the Bangladesh Post Office, and Rupali Bank PLC have signed an agreement to ensure faster and hassle-free delivery of inward remittances to beneficiaries across the country. Bangladesh Bank-appointed Administrator of Nagad Md Motasem Billah and Managing Director of Rupali Bank Kazi Md Wahidul Islam...
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ONE BANK LAUNCHES AWARENESS CAMPAIGN ON BANGLA QR
ONE Bank PLC has recently launched an awareness campaign on Bangla QR, Bangladesh's national interoperable QR payment system. The event was inaugurated by Managing Director of ONE Bank Muhit Rahman and was led by Md Anwarul Islam, Deputy Managing Director, Chief Legal Officer & Head of Recovery Division; Deputy Managing...
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