Business

Vivo V19 hits BD market

The world's leading technology company, Vivo has unveiled its V19 smartphone in the Bangladesh market on Thursday. During this COVID-19 crisis,  V19 can be a different experience for photography. A duel iview selfie camera has been added to this six-camera phone for the very first time...

Business

Chinese company to invest $1mn in Chattogram EPZ

Chinese Company Ms Unicorn Leather Goods Factory Limited will establish a leather and artificial leather products manufacturing industry in Chattogram Export Processing Zone (EPZ).The fully foreign owned company will invest US$ 1.02 million which will create employment opportunity for 764 Bangladesh...

Business

Budget should address problems of small enterprises: Experts

Proper implementation of the budget allocation in health, education, and agriculture is essential. At the same time evaluation and monitoring of the budget is important, said experts at an onine discussion meeting on the upcoming national budget on Tuesday.They said The budget should be COVID-19 cen...

Business

PRAN collects mung bean from farmers amid corona

PRAN, country’s leading business conglomerate, is continuing to provide support to its contract farmers amid corona outbreak so that they do not face any obstacle to sell their produce. As part of the initiative, country’s leading agro processor is collecting mung bean from its cont...

Business

Sonali Bank launches mobile app

Sonali Bank Limited on Wednesday launched its first ever mobile phone app for serving it’s customers across the country and beyond. The apps titled “Sonali eSheba” would allow the people to open their account with the Sonali Bank from their convenient places round the clock. S...

Business

Daraz to invest Tk 5bn in Bangladesh for infrastructure

Daraz, the leading online marketplace in the country and Alibaba group’s subsidiary will invest Tk 500 crore in Bangladesh by 2021 to make the e-commerce experience more pleasant and enjoyable for the customers. The majority of the money will be spent on developing the company's logis...

Business

NRBC Bank launches sub-branch at Bhaluka

NRB Commercial Bank Limited launched its Bhaluka Sub-branch in a ceremony on Wednesday at Bhaluka Plaza, Bhaluka Bazar, Mymenshing. Director and Chairman of Audit Committee of NRBC Bank  Rafikul Islam Mia Arzoo inaugurated the sub-branch through video conference from Russia while Director ...

Business

ADB expands trade finance programme to support private sector in BD

The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million at the end of last year. The TFP works with 12 partner banks in Bangladesh to mobilize private sector capital an...

Business

NIVEA forges partnership with e-commerce entities

NIVEA, a leading skin care brand, on Tuesday announced that it has partnered with multiple e-commerce platforms making its wide portfolio of personal care brands now easily available to consumers with a simple click / at the touch of their fingertips. Launched across some of the leading e-comme...

Business

Lions Clubs Int’l gets new executives

Lion Md. Nazrul Islam Sikder PMJF was elected District Governor for the year 2020-2021, during the 25th Annual District Convention of Lions Clubs International, District 315A1, held at BLF Auditorium, Lions Bhaban, Dhaka on Saturday.Lion Arch. Nikhil Chandra Guha was elected the 1st Vice District Go...

Business

Sonargaon hotel reopens June 8

Pan Pacific Sonargaon, Dhaka,  will be fully operational and prepared to serve its valued patrons with heightened safety measures from 8th June onwards, said a press release on Monday.“We are currently welcoming our associates back to the Hotel and conducting comprehensive training, in ne...

Business

Budget should focus on ensuring survival of people: Economists

Economists and leading financial analysts on Monday recommended to lay focus on ensuring survival of people through strengthening health, medical and social security sectors in the upcoming national budget.They also stressed the need for giving importance on social protection in the next budget and ...

Business

iDEA project helps edn institutions for online classes

The inaugural ceremony of online class activities was organized at Dhaka Residential Model College through online video conferencing by the “Innovation Design and Entrepreneurship Academy (iDEA) project” of Bangladesh Computer Council (BCC) under the ICT Division on Monday, June 1, 2020....

Business

Huawei unveils new smart office product

Huawei launched its next-generation IdeaHub series intelligent endpoint for all-scenario smart office ecosystem on Friday, aims to improve efficiency for enterprises, especially remote collaboration during social distancing.Huawei IdeaHub is a brand-new productivity tool Huawei developed to create a...

Business

BARVIDA seeks Tk 5bn loan from stimulus package

Reconditioned car importers on Sunday demanded Tk 5.0 billion loan facility from the government’s stimulus package for taxation of imported used cars that have been siting idle at the seaports.They also urged the government to completely waive the storage rent on the imported cars at Chattogra...

Business

IBBL holds board meeting digitally

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Sunday through video conference.  Presided over by Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, the meeting was attended by Yousif Abdullah Al-Rajhi and Md. Shahabuddin, Vice Chairmen, Dr. Arif Suleman...

Business

S Korean co to invest $10mn more in Bangladesh

South Korean Company Ms Giant BD Co Ltd is going to expand their business with an investment of US$10 million more in Bangladesh, an official release said.The South Korean concern will establish a new unit of shoe component (injection phylon Midsole) and sports sandal manufacturing industry in Cumil...

Business

Industries ministry officials urged to identify priorities during Covid-19

Industries Secretary KM Ali Azam Sunday asked officials of the Industries Ministry to formulate an action plan by identifying the priorities during the COVID-19 crisis.“Wing-based action plan will have to be formulated for implementing the projects, adopted by Industries Ministry, and the othe...

Business

EBL launches first e-KYC account in BD

Eastern Bank Ltd (EBL) on Sunday introduced an instant account opening solution – EBL INSTA Account – first of its kind in Bangladesh under e-KYC guideline.The leading private commercial bank (PCB) launched the solution to help customers and employees maintain maximum possible social dis...

Business

Mother of Agrani Bank chairman dies

Mrs. Zebunnessa Khatun, wife of late Dr. Jamshed Bakht, a renowned physician of Sylhet and mother of Dr. Zaid Bakht, Chairman, Agrani Bank limited, died of old age related illness in a local hospital on 29th may 2020, she was 90 years. She left behind her three sons Dr. Shamsher Bakht, Dr. Zaid...