News in Brief

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Alesha Mart halts operations
Business Desk
E-commerce platform Alesha Mart has halted all their official operations.
The company says the decision was made due to “inadequate security.” It was also informed that their activities will remain stopped till further instructions.
The announcement was posted on Alesha Mart’s Facebook page at around 12:30am on Thursday.
“We are being forced to take such a decision due to a group of people physically harassing our staff yesterday. They were not our customers, nor were any payment scheduled for them. We will resume our activities only after ensuring adequate security,” reads the Facebook post.
Alesha Mart, a subsidiary of Alesha Holdings Limited, was launched on 1 January this year with the aim to provide faster and hasslefree online shopping services.
Some e-commerce companies have been accused of not delivering products to the customers. Apart from this, owners and officials of several e-commerce companies have been arrested on various charges including fraud and money laundering.
Some allegations were raised against Alesha Mart too and the government agencies are investigating.

Ministry to meet BB, BSEC, NBR chiefs over
market situation
Business Desk
The Ministry of Finance has called a meeting with the chiefs of the Bangladesh Bank (BB), Bangladesh Securities and Exchange Commission (BSEC), National Board of Revenue (NBR), and Finance Division to discuss the current situation of the capital market.
The meeting – aimed to come up with constructive solutions for both the money and capital market – is scheduled to be held at the ministry’s office in Dhaka at around 11am on 7 December.
The discussion will be chaired by Financial Institutions Division Additional Secretary Mafiz Uddin Ahmed, also the convener of the committee tasked to coordinate and monitor capital market activities.

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Textiles ministry to honour 7 orgs for their roles during pandemic
Business Desk
The Ministry of Textiles and Jute will honour seven organisations on National Textiles Day (4 December) for their contribution in protecting the textile sector from the onslaught of global coronavirus pandemic.
The minister made the remark during a press conference at his ministry on Thursday. However, he did not mention the names of the organisations.
Textile and Jute Minister Golam Dastagir Gazi said, 4 December has been celebrated as the “National Textiles Day” since 2019. This year the theme will be “Globalization of textile industry: Development of Bangladesh”, reads a press release.
The minister further said that the textile sector has been able to keep the national export trend free from the grasp of the pandemic due to the special incentives provided by the prime minister.

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