Advancements in the ICT sector have changed the world a lot, so innovation and skills development are now a must for the survival of startups in the small and medium enterprise (SME) sector, experts said yesterday. They were addressing a workshop titled “Business Masterclass-Master the Chaos in Your Business” at the Dhaka Chamber of Commerce […]
Seventy four per cent of entrepreneurs of small and medium enterprises (SME) across eight divisions of Bangladesh were directly affected by corruption while doing business. This was revealed at a discussion hosted by the Centre for Governance Studies (CGS) in partnership with the Center for International Private Enterprise at a city hotel yesterday. The programme […]
One significant dimension that has emerged in Bangladesh in recent decades is the expansion of small and medium enterprises (SMEs). The growth of SMEs, especially in the last one decade, has been quite astonishing. From the mid-1980s, the number of SMEs has increased four to five times. The contribution of small, micro and medium (MSME) […]
The SME Foundation and the Think Big Solutions will work together to aware the entrepreneurs along with banks and financial institutions of that the small businesses can take collateral-free loans against their work orders. The information was shared in a meeting between SME Foundation and Think Big Solutions at the foundation’s conference room in Dhaka […]
Small-scale enterprises of Chattogram are facing a crisis of capital in operating their business while banks have disbursed only 3.6 per cent of the loans allotted under a government stimulus package for cottage, micro, small and medium enterprises. Many enterprises have complained to trade bodies and the Bangladesh Small and Cottage Industries Corporation (BSCIC) that […]
The Federation of Bangladesh Chambers of commerce and industry on Monday claimed that the three-day business summit was successful as global leaders recognised the competence of Bangladesh. ‘It is our great achievement that more than 300 foreign delegates joined the summit through registration and they accepted the strength of Bangladesh,’ FBCCI president Md Jashim Uddin […]
Dhaka stocks advanced slightly on Monday after a two-day fall, but the turnover remained low as most of the investors remained on the sideline amid economic worries in the country, market operators said. DSEX, the key index of the Dhaka Stock Exchange, gained 8.58 points, or 0.13 per cent, and settled at 6,243.57 points after […]
AB Bank Limited on Monday disbursed agricultural loans to about 1400 marginal farmers in Tungipara, the birth place of Bangladesh’s founding president Sheikh Mujibur Rahman. The loan disbursement program was organized at Govt Sheikh Mujibur Rahman University College. Tungipara Upazila Awami League president Sheikh Abul Bashar Khair was present in the programme as the chief […]
The UK arm of failed US lender Silicon Valley Bank has been bought by HSBC for a nominal £1 ($1.2) in a rescue deal, the government and HSBC announced Monday. The sale, overseen by the Bank of England and the Treasury, comes after SVB collapsed Friday sparking panic in Britain over its key customers in […]
European stocks tanked Monday while US stocks fell as investors shrugged off global efforts to stem a fast-moving crisis emanating from the US banking sector. The dollar fell as the turmoil sparked uncertainty over the US Federal Reserve’s plans to hike interest rates, while oil prices slumped. Fears that the collapse of Silicon Valley Bank […]
