DCCI flags extortion, opaque US trade deal as risks to economic recovery
Rampant extortion, deteriorating law and order and an opaque trade agreement with the United States are threatening to suffocate Bangladesh's fragile economic recovery, the Dhaka Chamber of Commerce & Industry (DCCI) has warned.Speaking at a press conference on Monday titled "Expectations from the new government to address the current economic...
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New Western Marine Shipbuilders hands over two vessels to BIWTC
Leading shipbuilder of Bangladesh-New Western Marine Shipbuilders Ltd-has handed over two inland passenger ships, Rupsa and Sugandha, to Bangladesh Inland Water Transport Corporation (BIWTC) this month. Each vessel has a capacity of 764 passengers and 44 crew members, making them the largest of their kind in the country, says a...
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Karwan Bazar traders announce lower profit sales during Ramadan
Traders at Karwan Bazar on Monday made an announcement to sell several essential items at lower profit margins during the holy month of Ramadan. The announcement which aims to help stabilise prices of daily necessities such as lemons, edible oil, and sugar was made at a press conference organised by...
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bKash introduces weekly Islamic DPS by Dhaka Bank
Amid compelling interest from customers on monthly Islamic DPS service, bKash has added Dhaka Bank's short-term weekly Islamic DPS.Through the bKash app, customers can now save at Dhaka Bank on a weekly installment basis- from Tk 250 to Tk 5,000 - for a tenure of 6 or 12 months, says...
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Despite strong profits, Biman's total assets decline for third straight year
Despite repeated claims by Biman Bangladesh Airlines that it has remained profitable over the five consecutive years, the national carrier's total assets have continued to decline.According to the airline's latest audited financial statements, total assets stood at Tk 168.72 billion at the end of fiscal year 2024-25 (FY'25). This marked...
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Prime Bank holds seminar on youth empowerment at IUT
Prime Bank PLC, through its flagship platform PrimeAcademia, has recently organised a seminar titled "Empowering Youth" at the Islamic University of Technology (IUT) in collaboration with the IUT Career & Business Society (CBS).The event reflected Prime Bank's continued commitment to preparing young people for the future by connecting academic learning...
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National Bank launches remittance operations with dLocal
National Bank PLC has recently launched remittance operations with dLocal Limited, a globally recognized Electronic Money Institution (EMI) based in Malta. The launching aims to strengthen cross-border remittance services and deliver faster, secure, and efficient solutions for millions of remittance customers. The launching event was held at National Bank PLC...
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