Aligning business strategies with changing trends in the fashion industry and building capabilities accordingly are a must to sustain in the global competitive market, said Faruque Hassan, President of BGMEA. Globally the apparel industry is undergoing rapid and notable changes mostly driven by evolving technologies, and requiring businesses to cope up
Tag: Business
Nasrul to businesses: Stop talking about rental power plants
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has urged the businesspeople to stop commenting on rental power plants as he ruled out any reduction in power tariff. “They (businesses) should talk about uninterrupted and quality power supply at affordable price…from which kind of plants they are getting electricity
IBBL, JPMorgan hold business meeting
Islami Bank Bangladesh Limited (IBBL) and JPMorgan Chase Bank recently held a bilateral business meeting at Pan Pacific Sonargaon Hotel in the capital. At the meeting, both the parties had agreed to work together in the field of blockchain, payment innovation, ESG and trade finance potentials for mutual benefits, said a
Ensure incentives to every Covid-affected firm
The government of Bangladesh, like those of many other countries, announced huge financial incentives to recover businesses hurt by the novel coronavirus pandemic. But a large section of small and medium entrepreneurs have been deprived of it, due to lack of a proper distribution system. According to a recent study
BRAC Bank regains business momentum
Regaining business momentum in the ongoing pandemic environment, BRAC Bank has posted a profit after taxes of Taka 285 crore on a standalone basis and Taka 215 crore on a consolidated basis in the January-June period of 2021. The growth is mainly driven by efficient balance sheet management, improved net interest
For doing business hassle-free
Businessmen often come up with lots of complaints regarding problems they have to face during doing business and commerce, which need a serious consideration, for all these are very detrimental to ensuring an encouraging business atmosphere. They point fingers at a group of unscrupulous members of law enforcement agencies and
Potential of e-commerce hemmed in by bottlenecks
With the digital economy and e-commerce seen as a potent sector for employment and income generation in Bangladesh, the business insiders underscored the need for specific guidelines for doing fair business here. They said the business has grown immensely thanks to the COVID-19 pandemic. But there are a lot of challenges