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Business & Commerce
World exports of intermediate goods (IGs) grew 4% year-on-year in the second quarter of 2022 to US$ 2.5 trillion, driven by the increase in shipments of intermediate food products. The overall growth, while slower than the increase recorded in the same period a year ago, continues to indicate stable...
The International Monetary Fund (IMF) approved a credit facility of US$ 4.7 billion for Bangladesh on Monday.The credit facility has been approved under the Extended Credit Facility (ECF), Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) arrangements. This credit facilit...
Unilever Bangladesh Limited (UBL) has announced the appointment of Zinnia Huq as their new Finance Director, effective from Wednesday. She was previously serving as the Director, Finance for Beauty and Wellbeing and Personal Care business divisions. With this appointment, Zinnia joined the...
IBA Alumni Club Ltd. has inaugurated its initial clubhouse at own premises in the capital’s RAJUK Purbachal New Town. The club was founded on October 3, 2016 and has now moved to its permanent site with the opening recently. The Chairman of the IBA Alumni Club, Nazmul Hassan Papan, MP, in...
IFC on Wednesday announced the appointment of Riccardo Puliti as its new Regional Vice President for Asia and the Pacific. Puliti will oversee IFC’s regional effortsin spurring private sector growth and identifying impactful collaborations for a green, resilient, and inclusive recovery, i...
Bhuigor sub-branch of Rupali Bank Limited was inaugurated as the 19th sub-branch of the bank at Fatulla in Narayanganj district on Wednesday with smart banking facilities. Chairman of the bank Kazi Sanaul Hoq inaugurated the sub-branch as the chief guest on the occasion. Mohammad Jahangir, Man...
The Premier Bank Limited held a discussion meeting with Hajj Agencies Association of Bangladesh (HAAB) recently at Renaissance Dhaka Gulshan Hotel. B.H. Haroon, M.P and Director of The Premier Bank Limited graced the occasion as Chief Guest while Mr. M Shahadat Hossain Taslim, President of HAA...
Argentina is very keen to expand its trade relations with Bangladesh as a special delegation including businessmen and high government officials will visit Bangladesh at the end of February. The head of the economic and trade office and deputy chief of mission (DCM) of the Argentina Embassy in ...
Mexico wants to expand trade relations with Bangladesh as both the countries see great potentials in the automobile, pharmaceuticals, chemical and FinTech sectors.Federico Salas Lotfe, Ambassador of the Embassy of Mexico in New Delhi, India expressed such interest during a meeting with Mostofa Azad ...
National Bank Limited has signed a participation agreement with Bangladesh Bank in the Tk 10,000 crore export support pre-financing fund formed by Bangladesh Bank. The participation agreement was signed on behalf of Bangladesh Bank by Maksuda Begum, Director of Banking Regulations and Policy De...
In Bangladesh, insurance is progressively emerging as a vital resource to safeguard the most vulnerablemembers of the societyfrom financial risks and losses. At the forefront of Bangladeshi insurance sector’s pilgrimage towards financial inclusion is Guardian Life Insurance Ltd,which curr...
Jamuna Bank Limited inaugurated a CRM (Cash Recycling Machine) today at its head office premises of Gulshan with the facility of depositing and withdrawing money 24 hours.Chairman of Jamuna Bank Limited and Jamuna Bank Foundation Al-Haj Nur Mohammed attended as the chief guest and inaugurated the CR...
A total of nine Bangladeshi fabric and garments companies are set to take part in a three-day trade show, Texworld/Apparel Sourcing Paris, scheduled for February 6-8 in the French capital.The business firms are: NZ Denim, Pioneer Denim, Asia Link Design, GERARD FRES, Matrix Apparels Ltd, Merchant Ba...
Bangladesh has made significant progress in public procuring procedures through its full digitization with implementation of Electronic Government Procurement (e-GP) by tremendously reducing hassles and eliminated social conflicts that used to cause due to physical submission of tenders.Not only tha...
Mentioning that Bangladesh expects more large-scale investment from Japan, Commerce Minister Tipu Munshi said that Bangladesh is very much eager to boost trade, commerce and investment with Japan following the country's graduation from the LDCs.Tipu said considering the LDC graduation, efforts w...
Monetary policy needs to be formulated with a proper understanding of the functioning of the market system in the economy. Otherwise, its impact on the economy will be profound said, Dr. Ahsan H. Mansur, Executive Director, Policy Research Institute, Bangladesh.Highlighting India's liberal...
NRBC Bank has won Two international Awards `The Global Economics Awards-2022’ by The Global Economics Ltd, a UK-based financial publication and a quarterly business magazine. The Bank has been crowned with the title of 'Most Innovative Mobile Banking App (NRBC Planet)' and `Faste...
Al-Haj Nur Mohammed, Chairman of Jamuna Bank and Jamuna Bank Foundation, has been awarded the "Best CSR Personality" by Global Economics UK for his outstanding contributions towards corporate social responsibility (CSR) and for leading Jamuna Bank to be recognized as the "Best CSR Ban...
Sonali Bank Limited, General Manager’s Office, Noakhali arranged a ‘Business Discussion Meeting-2023’on Saturday at Multipurpose Hall in Police Training Centre, Noakhali. General Manager of Noakhali GM Office Md. Shahjahan presided over the meeting while CEO and Managing Dire...
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