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Delays in trade dispute resolution threaten investment climate

Around 4.0 million business-related cases remain pending in Bangladesh's courts, and prolonged judicial processes are hindering both local and foreign investment, experts say at a seminar.The seminar, titled "Advancing Dispute Settlement and Contract Enforcement for Businesses," was organised by the Dhaka Chamber of Commerce and Industry (DCCI) at the trade...

Govt's non-tax revenue up 43pc in 11 months of fiscal year 2024-25

Unlike the tax-revenue incomes, the government's non-tax revenue saw a steep rise until May of the last fiscal year (FY) 2024-25, according to official data.The volume of non-tax revenue, collected during the July-May period of the last fiscal year, was Tk 530.45 billion, reflecting a 43 per cent growth over...

Procurement of LNG, fertiliser approved

The government on Tuesday approved a number of proposals for the procurement of fertiliser, liquefied natural gas (LNG), and phosphoric acid to meet the local demand.The Advisers' Council Committee on Government Purchase at a meeting gave the approvals to this regard. Finance Adviser Dr Salehuddin Ahmed chaired the meeting held...

MetLife hosts money laundering prevention workshop

MetLife Bangladesh has recently organised a daylong training workshop on 'Prevention of Money Laundering and Terrorist Financing' for the Branch Anti-Money Laundering Compliance Officers (BAMLCOs) of MetLife's Dhaka, Cumilla, Mymensingh, Noakhali, Rangpur, Sylhet region. The workshop was held at MetLife Bangladesh Head Office, under the guidance and support of Bangladesh...

EPZ workers' clash with joint forces leaves one dead

A worker was killed in a clash between workers of Uttara Export Processing Zone (EPZ) and joint forces in Nilphamari sadar upazila on Tuesday, reports UNB.Police said workers of Evergreen factory, a wig-making factory, had been demonstrating for the last few days demanding their dues. Tensions flared in the morning...

Shimanto Bank celebrates 9th anniversary

Shimanto Bank celebrated the 9th anniversary at its Head Office on Monday. Over the past nine years, Shimanto Bank has been serving its customers by establishing 27 branches, 8 sub-branches, 3 service centres and 36 ATM Booths across the country. Mohammad Azizul Hoque, Managing Director & CEO (CC), was present...

Shahjalal Islami Bank hosts financial literacy programme in Ctg

Shahjalal Islami Bank PLC organised a financial literacy programme at a hotel in Chattogram city on Sunday to raise social awareness about sending remittances through legal channels. Managing Director of the bank Mosleh Uddin Ahmed was present as the chief guest and Deputy Managing Director & Zonal Head, Chattogram, Rashed...

EBL signs customer benefit agreement with Sheba.XYZ

Women Banking customers of Eastern Bank (EBL) will enjoy special discount on Beauty and Wellness services through Sheba.XYZ online platform. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of EBL, and Adnan Imtiaz Halim, Founder and CEO of Sheba Platform, signed an agreement to this...

SBAC Bank organises training workshop

SBAC Bank PLC organised a daylong training workshop on 'Reporting on Online Import Monitoring System (OIMS) & Online Export Monitoring System (OEMS)' at its Training Institute of Head Office recently. Md. Hanif Miah, Executive Director of Bangladesh Bank Training Academy, was present as the chief guest while Md. Altaf Hossain...