Business
Govt to import 9 lakh tonnes of rice from four countries: Food Adviser
The government will import 9 lakh metric tonnes of rice from India, Pakistan, Myanmar and Vietnam this year, said Ali Imam Majumdar, the interim government's food and land adviser.
Midland Bank and Win Champion (BD) Ltd sign cash management arrangement
A Memorandum of Understanding (MoU) was signed between Midland Bank PLC. and Win Champion (BD) Ltd. at the Sonic Group Headquarter located at Uttara EPZ, Nilphamari on January 12, 2025.
National Bank Limited completes successful CBS upgradation to Temenos R22
National Bank Limited has recently completed the successful migration to the upgraded Core Banking System (CBS), Temenos Release 22. This advanced system introduces state-of-the-art technology, enhanced security, sophisticated business analytics, and improved customer relationship management features, ensuring robust and seamless banking services for valued customers.
KAM Majedur Rahman appointed as CEO of BIAC
KAM Majedur Rahman joined the Bangladesh International Arbitration Centre (BIAC) as its Chief Executive Officer on Wednesday.
BASIS urges govt to reduce increased VAT on internet, phone services
The Bangladesh Association of Software and Information Services (BASIS), the national trade body for the country's IT sector, has appealed for a reduction in the increased VAT on internet and telephone services as stipulated in the Value Added Tax and Supplementary Duty (Amendment) Ordinance, 2025.
Bangladesh's PMI declines in December, falls to 61.7
The Bangladesh Purchasing Managers' Index (PMI), which reflects the pace of economic activity, declined to 61.7 in December from November's 62.2 points.
Transactions of all banks, capital markets to remain close on Tuesday
All banks in the country will be closed on Tuesday (December 31) on the occasion of the bank holiday. The capital market will also be closed on the same day.
NBR takes special measures for taxpayers without biometric SIMs
The National Board of Revenue (NBR) has given a special opportunity to file returns online for taxpayers without biometric SIMs due to lack of fingerprints. In that case, they will have to appear in person at the NBR's Tax Information Service Center and submit a written application.
10 Bangladeshi firms make it into Bloomberg's sustainability rankings
The recently revealed updated Bloomberg data shows an evident sign of development in terms of embracing sustainability in the country’s corporate world as three more Bangladeshi listed firms have made it to the Bloomberg Environmental, Social, and Governance (ESG) club, taking the total number of firms (from Bangladesh) in the list to 10 (ten), from last year where seven Bangladeshi firms were on this list.
BB won't shut down any companies: Governer
Bangladesh Bank Governor Ahsan H Mansoor said that he will not allow any institution to be closed, be it S Alam's or Beximco's. Institutions are national assets.
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