Dhaka Bank and IPAGE partner for CSR and financing in agricultural sector

Zareen Tea Garden and Neptune Tea Garden, owned by the Ispahani Group, have been honored with National Tea Awards for their significant contributions to the tea industry in Bangladesh. At a ceremony in Sreemangal, Mirza Ahmed Ispahani received an award and certificate on behalf of Zareen Tea Garden in the category of "Best Tea Garden based on Worker Welfare," while Golam Mustafa, the COO of Ispahani Tea Estate, and Upalaxmi Tripura, a tea worker from Neptune Tea Garden, were recognized as the "Best Tea Leaf Picker."

Lay's, the beloved potato chips brand from PepsiCo, has launched the transformative "Lay's Make In Bangladesh" initiative in partnership with Transcom Consumer Products Ltd, demonstrating its steadfast dedication to Bangladesh. This initiative marks a momentous milestone as Lay's proudly pioneers the local production of its iconic potato chips in Bangladesh.

The Dhaka stock market experienced its largest single-day decline in nearly seven months due to panic-driven sell-offs triggered by rumors of a proposed capital gains tax on secondary market investments. Investors reacted anxiously to reports of a 15% tax on individual capital gains, prompting a rush to sell holdings.

The Bangladesh Bank (BB) has instructed banks to expedite the payment of outstanding dues to foreign airlines, aiming to resolve the issue and alleviate the ongoing dollar crisis. The BB spokesperson clarified that the actual volume of dues amounted to $177.79 million, contrary to media reports of $214 million.

The Bangladesh Bank (BB) has issued new guidelines for trading government securities on the secondary market, aiming to promote their popularity and develop the capital market. Investors interested in purchasing sovereign securities, also known as government bonds, through the stock exchange must possess Beneficiary Owner (BO) accounts.

The Government of Bangladesh has signed a grant agreement worth $12.40 million with the Asian Development Bank (ADB) to finance the ongoing Fourth Primary Education Development Program (PEDP-4).The grant proceeds, provided by the Education Above All (EAA) Foundation, Qatar Fund, will be utilized through ADB to enhance the primary education system and ensure inclusive and equitable access to quality education for children from pre-primary through grade 5.