Business

Bangladesh’s Forex Reserves Total $36.43 Billion

Dhaka:Bangladesh’s foreign exchange reserves have reached a total of US$36.43 billion, as revealed by the latest data from Bangladesh Bank.

According to Bangladesh Sangbad Sangstha, reserves calculated under the International Monetary Fund’s BPM6 me…

Remark HB Limited Joins Alibaba.com to Expand Global Reach

Dhaka:Bangladesh-based cosmetics and personal care company Remark HB Limited has announced its partnership with Alibaba.com, a leading online business-to-business (B2B) platform, to extend the international availability of its products.

According to…

Oil Prices Drop Over 6% Amid Prospects of US-Iran Talks

New York:Oil prices saw a significant decline on Monday, driven by the anticipation of diplomatic talks between the United States and Iran aimed at resolving the ongoing Middle East conflict.

According to Bangladesh Sangbad Sangstha, crude futures, …

Bankers Propose Easing NID Requirement for Expatriates’ Accounts

Dhaka:Bank managing directors have proposed relaxing the National Identity Card (NID) requirement for opening bank accounts by expatriates and increasing the existing loan ceiling against deposits to facilitate greater participation of non-resident Ba…

AmCham Aims for $5 Billion US Investment Boost in Bangladesh

Dhaka:The American Chamber of Commerce in Bangladesh (AmCham) has set an ambitious goal to attract an additional $5 billion in US investments to Bangladesh over the next four and a half to five years. The upcoming 30th US Trade Show, scheduled for Nov…