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  cross-referenced news and research resources about

 commerce in Bangladesh

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updated Sat. May 5, 2018

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Alipay Singapore E-commerce Private Ltd will purchase 20 percent of bKash on a fully diluted basis in the landmark deal. Alipay will buy 10 percent from bKash's existing shareholders, such as Money in Motion, International Finance Corporation and Bill & Melinda Gates Foundation. Alipay will buy another ...
Pathao has plenty in common with Go-Jek. The company began in 2015 initially as a courier service latching on to the growth in e-commerce. It expanded to bike taxis — which was seen as a risk, since they aren't as popular as in places like Indonesia, Thailand and Vietnam — and then into cars last year.

DHAKA: Bangladesh is all set to become a member of the exclusive club of satellite-owning countries as its first commercial satellite "Bangabandhu-1" will ... In November 2015, Bangladesh signed a 19.51-billion-taka (about $248 million) deal with French firm Thales Alenia Space for the satellite project.
Bangladesh has joined the ranks of LNG importing countries with the arrival of its first LNG cargo at Moheshkhali Port on Tuesday. ... rapid deployment of floating regasification vessels signal that Bangladesh will be a key LNG importer in coming years, despite commercial challenges like high gas prices.
Indian Commerce and Industry Minister Suresh Prabhu is likely to visit Bangladesh in June to discuss further promotion of bilateral trade and commerce between the two friendly countries. Bangladesh High Commissioner to India, Syed Muazzem Ali, called on Prabhu on Wednesday at his office in New ...
He expressed his satisfaction at the growing level of trade and commerce between India and Bangladesh. But, he said, there is much to improve. Prabhu showed keen interest in travelling through rural areas of Bangladesh during the visit to see for himself the government's poverty-reduction programmes ...

The E-Commerce Association of Bangladesh (ECAB) and Bangladesh Foreign Trade Institute (BFTI) recently signed an agreement to jointly work for creating e-commerce entrepreneurship through workshop and research. ECAB aims to create new entrepreneurs and work for policymaking and ...
Chinese commercial influence and general presence in Dhaka and Chittagong (a major port city) are rising steadily. India's memory of the rule of the pro-Islamic and pro-Pakistan Bangladesh Nationalist Party (BNP) from 2001–06 shapes its thinking on Bangladeshi politics. Under the BNP Islamic militancy ...
The project is designed to help 20,000 microenterprises adopt environmentally-friendly practices and covers the poultry, agribusiness, livestock and aquaculture sectors along with some light industrial industries. Commercial poultry production in Bangladesh has been growing rapidly since the early 1990s ...
Bangladesh can create jobs and bring in more foreign currency by building an export base for commercial floriculture, one of the country's leading seed-producing companies has said. Bangladesh currently spends a lot of money importing in-demand flowers that do not grow in the wild naturally, such as ...
The ministry said that while the ports of Hambantota and Colombo were of vital importance to the maritime industry due to their strategic locations in the Indian Ocean, there could now be strong linkages between these ports and the port of Chittagong in Bangladesh to facilitate shipping, tourism and ...
The central bank report showed that private AB Bank had nonperforming loans of Tk967 crores, Al-Arafah Islami Bank Tk992 crores, Bangladesh Commerce Bank Tk434 crores, Bank Asia Tk723 crores, BRAC Bank Tk721 crores, Dhaka Bank Tk761 crores, Dutch-Bangla Bank Tk962 crores, and Eastern ...
RIYADH: The deep-rooted relationship between Saudi Arabia and Bangladesh is set to scale ever greater heights thanks to enhanced developments in trade ... in June 2016, the Jeddah Chamber of Commerce and Industry hosted a business session featuring leading Saudi and Bangladeshi businessmen.
Federation of Bangladesh Chambers of Commerce and Industry President Shafiul Islam (Mohiuddin) told JOC.com trade is growing between Bangladesh and India and the train service will support that trend. “When the infrastructure is ready, the cost of doing business goes down. The train service will be ...
Valyou also partnered with Mutual Trust Bank, a private commercial bank in Bangladesh to allow users to send money overseas, particularly from Malaysia to Bangladesh. “This product integration would not have been possible without Mutual Trust bank who came in as our inward remittance clearing ...
In October 2013, BEA had initiated a banking sub-committee between Bhutan and Bangladesh, comprising officials from financial institutions and central banks from both the countries. Economic affairs ministry from Bhutan and Bangladesh commerce ministry were also part of the committee. “All the issues ...
DHAKA, March 22 (Xinhua) -- "iPay" Systems Limited, the first digital payment platform in Bangladesh, has started its commercial journey in the country with a motto of building a cashless society. The company said it will provide real cashless Fin-Tech experience that enables anyone to make payments for ...

Once upon a time, it was the norm to offer Bangladeshi children three career choices – doctor, pilot, or engineer. The glamour associated with these occupations has eventually faded, mostly due to the availability of countless other career options. To be at the helm of a mechanical marvel of the modern age, ...
While foreign buyers have pressured Bangladeshi companies to stop using underaged workers in apparel factories, local toy factories target the domestic market. (Photo by Mahmud ... The association has played a key role in turning what was once a cottage industry into a commercial one. The group now ...
Shubhashish Bose, the secretary of Bangladesh's Ministry of Commerce, told the Nikkei Asian Review that the government sees strong potential in toy manufacturing and has plans to declare it a "thirst sector." This designation would reduce the tax on raw material imports, provide cash incentives and ...
If that happens, send out a silent prayer of thanks to Bangladesh batsman Mushfiqur Rahim. The former skipper and now his country's wicket keeper followed up his blistering knock of 72 in 35 balls comprising four sixes and five fours to win a key game against hosts Sri Lanka in the recent Nidahas T20 ...
The rescued Nepali and Bangladeshi passengers were undergoing treatment in different hospitals in Kathmandu. Dhaka-based US-Bangla Airlines is one of the sister concerns of the US-Bangla Group, a United States-Bangladesh joint-venture company which began commercial flights in 2014. The airline ...
“Bangladesh and Thailand are long-standing friends and connected by the Bay of Bengal and maritime routes. We should intensify cooperation in trade, investment and regional connectivity”, the prime minister was quoted as saying during a meeting with Bangladesh Foreign Minister AH Mahmood Ali.
The plane, a twin-propeller passenger craft, was arriving from Bangladesh. ... At least 49 people have died after a commercial plane crashed near an airport in Nepal on Monday. ... The twin-propeller Bombardier Dash 8 had been carrying 67 passengers and four crew members from Dhaka, Bangladesh.
Mutual Trust Bank Limited, a private commercial bank in Bangladesh, and TransferTo, a cross-border mobile payments network for emerging markets, have joined forces to facilitate international money transfers to Bangladesh, allowing migrant diaspora to make a digital transfer to family and friends back ...
Another deal between the Singapore Manufacturing Federation (SMF) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) aims to open doors for Singapore companies going into Bangladesh, providing them with a source of business contacts in the country, as well as ...
Another deal between the Singapore Manufacturing Federation (SMF) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) aims to open doors for Singapore companies going into Bangladesh, providing them with a source of business contacts in the country, as well as ...
Bangladesh is ahead in the number of frigates. Myanmar has five while Bangladesh has six. Bangladesh is ahead of Myanmar in terms of mine warfare craft and commercial vessels. According to the report, the world's most powerful military belongs to the US, followed by Russia, China and India. The top ...
KATHMANDU, Nepal — A passenger plane from Bangladesh slammed into an empty field and erupted in flames just beyond the runway at the airport in Nepal's capital on Monday, and officials said at least 49 of the 71 people on board had died. Huge, dark gray columns of smoke uncoiled from the field as ...
With a large network of chambers of commerce and industry, including the Bangladesh-Vietnam Business Council, FBCCI has a strong and important role to play in the promulgation of policies on economy and trade of the Bangladeshi government, especially the policies for foreign businesses to invest in ...
... Bangladesh's fourth and largest floating LNG import facility. “We are expecting to sign an agreement in the first half of 2018, and commercial operations to start in June 2019,” RPGCL managing director Md Quamruzzaman said. The companies are BP, Excelerate Energy, Mitsui OSK Lines , PT Pertamina, ...
Petrobangla is proceeding to push up the price while Bangladesh Energy Regulatory Commission or BERC is following suit. State Minister for Power, Energy and Mineral Resources Nasrul Hamid also hinted at a possible rise. “Prices for industrial and commercial gas supplies as well as power have to be ...
Funds held in taka can be spent on purchasing products from Bangladeshi e-commerce websites, pay for services such as mobile balance top-ups, or be sent to other Payza members ... The user agreement on Xoom's website specifically points out that Xoom can only be used for non-commercial purposes.
Regional Manager from the US Department of Commerce's Advocacy Center Malcolm Burke told bdnews24.com American technology and materials can ... “In this way and others, I see great opportunity for US industry in Bangladesh and look forward to a growing commercial relationship in the years to ...
The 25th US Trade Show-2018 began at Pan Pacific Sonargaon Hotel in Dhaka on Thursday. The American Chamber of Commerce in Bangladesh (AmCham) and the United States embassy in Dhaka have organized the event. Addressing the event as its chief guest, Bangladesh Commerce Minister Tofail ...
“I would like to propose an FTA between Bangladesh and the United States as we are not getting duty-free quota-free access,” Commerce Minister Tofail ... a booth with the representatives from the USAID, Education USA, US Department of Agriculture, consular affairs team and the commercial section.
The Bangladesh embassy in Tashkent has organised a business seminar to generate interest among the Uzbek businesspeople. ... Commerce and Industries of Uzbekistan also attended the seminar on “Prospects of Business and Economic Cooperation between Bangladesh and Uzbekistan” on Tuesday.
“Nearly all Bangladeshi imports were subject to US duty,” reads the Pew report, “and the tariffs on them were equivalent to 15.2% of the total value of that country's shipments to the US—the highest such average rate among the 232 countries, territories and other jurisdictions in the ITC database.”.
If that happens, send out a silent prayer of thanks to Bangladesh batsman Mushfiqur Rahim. The former skipper and now his country's wicket keeper followed up his blistering knock of 72 in 35 balls comprising four sixes and five fours to win a key game against hosts Sri Lanka in the recent Nidahas T20 ...
Muazzem Ali also dwelt on the areas in which Bangladesh and India are making good progress. These are cooperation in security, energy, connectivity, coastal shipping, river management and water sharing, cooperation trade and commerce and people-to-people contacts. On security, the High ...
He said people living in the rural areas would not need to come to towns and cities for jobs as online services and e-commerce will increase once the 4G services are launched. Bangladesh Association of Call Centres and Outsourcing Secretary General Towhid Hossain said those working in outsourcing in ...
A delegation of Turkey-Bangladesh Business Council (TBBC) called on the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) leaders on Wednesday at FBCCI Office in Dhaka. TBBC Chairperson Laura Gok, Turkish Embassy Commercial Counsellor Murat Yarat, TBCC Assistant ...
Unidentified hackers stole $81 million in February 2016 from the Bangladesh central bank's account with the US Federal Reserve in New York. The money was transferred to a Manila branch of the Rizal Commercial Banking Corp (RCBC), then quickly withdrawn and laundered through local casinos.
Statistics presented to Parliament by Bangladesh Commerce Minister Tofail Ahmed shows this nation is exporting vegetables to 41 countries across the world. ... Uniindia.com gives this complete list of the 41 countries Bangladesh is shipping to are Saudi Arabia, Malaysia, the UAE, the UK, Qatar, Kuwait, ...
Bangladesh's ranking remained same at 128 but the score rose slightly to 55.1 points in the 2018 Index of Economic Freedom, published by the Heritage ... intended to strengthen the central bank's independence and reduce special treatment of the state owned commercial banks, have been implemented.
Some 2,040 principals of the colleges under National University from across Bangladesh joined the rally. ... Karmichael College in Rangpur, Government Brojomohan College in Barisalm Bogra Government Azizul Haque College, Dhaka Commerce College and Siddheswari Girls' College in Dhaka. On the ...
Senior Vice President of the Federation of the Bangladesh Chambers of Commerce and Industry (FBCCI) Sheikh Fazle Fahim delivered a presentation on the existing investment scenario of Bangladesh. Among others, representatives of Bangladeshi businesses and industries attended the discussion.
Rice farmers witnessed a severe drop in crop production last year due to flash floods in the central region, and in the wetlands of Bangladesh. The government ... The commerce minister in Thursday said: “It will be illogical to bring down rice prices below Tk40, as the farmers could suffer financial losses.
Exporters in Bangladesh have received orders of $19.46 million in export order at the 23rd edition of Dhaka International Trade Fair (DITF), Commerce Minister Tofail Ahmed said on Sunday citing Export Promotion Bureau data. At the closing ceremony of the 35-day-long exposition, the minister said: “We ...
... government and traders have imported over 2.5 million tonnes of the staple until Jan 23 of the current fiscal year. The ministry called the presser to brief the media about the Bangladesh Tea Expo 2018. The Tea Board will organise the expo at International Convention City Bashundhara from Feb 18 to 20.


 

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