OPC model stalls, hinders FDI
The slow pace in the formation of One Person Companies (OPCs) is emerging as a bottleneck for Foreign Direct Investment (FDI) in Bangladesh despite regulatory reforms aimed at encouraging business-friendly structures.The concept introduced to streamline business registration and attract individual investors, including foreigners, has yet to gain significant traction.According to...
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Mintoo named one of 'Top Agri-Food Pioneers'
The World Food Prize Foundation has named renowned business personality Abdul Awal Mintoo as one of the '2025 Top Agri-Food Pioneers (TAP)' in recognition of his significant contributions to agriculture and food security in Bangladesh and beyond. Mr. Mintoo, also a politician, is the chairman of Lal Teer Seed Limited,...
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Stabilisation signs emerge as long-term fundamentals hold
Standard Chartered Bangladesh on Wednesday hosted its flagship Global Research Briefing on the outlook for Bangladesh's economy.The briefing featured key insights from the bank's Global Research team and presented a cautiously optimistic picture. Data shows that Bangladesh's macroeconomic conditions are showing early signs of improvement following a period of turbulence....
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Reinstate full cash incentives for exports
Amid rising production costs and escalating global economic uncertainty, apparel exporters have urged the government to reinstate full cash incentives for exports to help the sector remain competitive.Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the appeal during a meeting with Finance Division Secretary Dr Md Khairuzzaman...
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CITIZENS BANK CHAIRMAN CONGRATULATES NEWLY ELECTED ICAB PRESIDENT
Chairman of Citizens Bank Chowdhury Mohammed Hanif Shoeb along with Chairman of Executive Committee Masuduzzaman and other members of the Board of Directors, and Managing Director (current charge) Mostafizur Rahman congratulate N K A Mobin, Independent Director of the bank, with a bouquet on Wednesday on his being elected as...
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PIONEER INSURANCE HOLDS EXTRAORDINARY GENERAL MEETING
The extraordinary general meeting (EGM) of Pioneer Insurance Company Limited was held on Wednesday using a digital platform to change the name of the company from 'Pioneer Insurance Company Limited' to 'Pioneer Insurance PLC' and to increase the authorised share capital from 1 billion to 2 billion. Mr Zakir Ahmed...
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MIRZAPORE AND ZAREEN TEA GARDENS WIN GREEN FACTORY AWARD 2025
Two tea gardens under Ispahani Group -- Mirzapore Tea Garden and Zareen Tea Garden -- achieved the Green Factory Award 2025 in the tea category in recognition of their worker-friendly and environmentally sustainable practices. Mirza Ahmed Ispahani, Director of Ispahani Group, received the awards from Brig. Gen. M. Sakhawat Hussain...
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