BGMEA for easy financing for SMEs in sustainability

BGMEA President Faruque Hassan has stressed the need for creating easily-accessible fund and due diligence for the RMG industry, especially SMEs to support in making transition towards green growth.  "The RMG industry of Bangladesh has made significant progress in the area of environmental sustainability, and we have the highest number of

BRAC Bank offers cost free ATM transactions for SMEs

BRAC Bank’s SME customers will now enjoy transactions without fees in other banks’ ATMs, a press release said Saturday. NPSB fee of BDT 15 set by Bangladesh Bank for non-BRAC Bank ATM transactions will be waived for all SME customers. The bank will bear the fees on behalf of their SME

UCB launches training program for Jashore SMEs

United Commercial Bank Ltd (UCB) has launched a month long intensive training program for new entrepreneurs of SME Segment in Jashore under Entrepreneurship Development Program of SEIP Project with the support of Bangladesh Bank on 29 may 2022, a press release said Monday. The training program has been arranged for ensuring

Researches played limited roles for SMEs to tackle pandemic: CPD

The researches related to small and medium enterprises (SMEs) done by different entities during the coronavirus pandemic have played limited roles in taking time-befitting policy measures to tackle the situation, the Centre for Policy Dialogue said Sunday. Both the government and the central bank have issued many guidelines for the implementation

BGMEA joins hands with Good Fashion Fund to finance SMEs in sustainability

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Good Fashion Fund (GFF) have joined hands to collaborate in taking the apparel and textile industry of Bangladesh a step ahead in the area of environmental sustainability by financing sustainable practices and technologies. BGMEA and GFF signed a Memorandum of Understanding (MoU)

Emirates announces incentive for SMEs

To mark UN Micro, Small and Medium Enterprises Day and the vital role that they play in post-pandemic recovery, Emirates is empowering small and medium sized enterprises to get back into the skies and turn their travel budgets into rewards by debuting a Business Rewards incentive for new members who

Tk 10,000cr fund for minnows to fight back pandemic

The government has planned to create a Tk 10,000 crore fund for micro, small, and cottage industries and microfinance institutions to power them to fight back the Covid-19 pandemic. The government has taken an initiative earlier this year to provide low-interest loans to small traders affected by the pandemic. It is likely