BRAC Bank signs refinance deal with BB

Bangladesh Bank and BRAC Bank have signed an agreement to provide refinancing facilities to the cottage, micro and small enterprises (CMSEs) run by returnee migrant workers, unemployed youth, and rural entrepreneurs and women business owners. BRAC Bank has signed an agreement with Bangladesh Bank to become Participating Financial institution under the

3-day WOW Virtual Bangladesh 2022 begins

A three-day programme titled "WOW Virtual Bangladesh 2022", jointly organized by strategic partners for WOW in Bangladesh, the British Council, Bangladesh and Mongol Deep Foundation, began on Thursday.  With the theme 'Celebrating the Indomitable' in heart, the virtual event is celebrating women and girls while bringing everyone together.  "WOW Virtual Bangladesh

Lenovo emerged as the No1 brand for Consumer PCs and Workstations in Bangladesh

Lenovo, one of the global technology leaders, today announced that it has acquired the largest market share for consumer PCs in Bangladesh, during the January - March 2022 quarter. This segment includes consumer notebooks, desktops, and all-in-one PCs across Yoga, IdeaPad, and Legion brands. Lenovo’s performance has delivered significant year-on-year improvements

BGMEA urges govt not to hike gas, power prices

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Wednesday urged the government not to increase gas and electricity prices as the step would have adverse impacts on the industry, economy and the public as a whole. BGMEA President Faruque Hassan sent a letter to the Ministry of Power, Energy and Mineral

MBL signs deal with BB on refinance fund

Mercantile Bank Limited recently signed an agreement with Bangladesh Bank to avail Refinance Fund under ‘Supporting Post Covid-19 Small Scale Employment Creation Project (SPCSSECP)’, a press release said Wednesday. Abu Farah Md. Nasser, Deputy Governor, Bangladesh Bank was the Chief Guest and Dong Dong Zhang, Principal Financial Sector Specialist, ADB was

UCB signs deal with BB to avail refinance fund

United Commercial Bank Ltd recently signed an agreement with Bangladesh Bank (BB) for availing refinance fund under the Asian Development Bank aided Supporting Post COVID-19 Small Scale Employment Creation Project (SPCSSECP), a press release said Wednesday. Under the initiative, UCB will offer credit facilities to cottage, micro and small enterprises at