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Business & Commerce
Discussants at a post-budget meeting said the country needs an inclusive development budget in the face of rising inflation.'Center for Inclusive Development Dialogue (CIDD)' a newly established organization, organised the meeting on the proposed 2022-23 budget at a local club in Dhaka On Sa...
Following the Board of Directors’ recommendation, City Bank on Sunday declared 12.50 percent cash and 12.50 percent stock dividends for its shareholders for the year 2021.The approval came at the 39th Annual General Meeting (AGM) of City Bank, held through a virtual platform.Aziz Al Kaiser, Ch...
The WTO and the Commonwealth Secretariat signed on Saturday a Memorandum of Understanding to strengthen cooperation between the two organizations and to enhance the participation of Commonwealth countries in the multilateral trading system. The MoU was signed by WTO Director-General Ngozi Okonj...
Eastern Bank Limited (EBL) has launched a co-brand credit card with Dhaka Stock Exchange (DSE) in association with Visa.This EBL-DSE Visa co-brand credit card is exclusively designed for the employees of DSE and its trading right entitlement certificate (TREC) holder companies, said a press release....
Khairul Bashar Abu Taher Mohammad has joined the Dhaka Stock Exchange (DSE) as it’s Chief Regulatory officer (CRO) on Sunday. Before joining DSE, Abu Taher Mohammad had been serving the MTB Capital Limited as Chief Executive Officer (CEO). Besides, he was discharging responsibility of the...
Standard Chartered Saadiq Bangladesh has been recognised as “Best Islamic Bank for Digital CX (customer experience)” in Bangladesh at The Digital Banker’s Digital CX Awards 2022 for its customer-centric ethos, focus on digital innovation, and dynamic range of offerings. Standa...
The 112th Meeting of the Executive Committee of Modhumoti Bank Limited was held on Saturday with assistance of Zoom technology.The meeting was presided by EC Chairman, Barrister Sheikh Fazle Noor Taposh. Among others, Managing Director of Sharmin Group Mohammad Ismail Hossain, Chairman of Labib Grou...
Hailing the proposed budget for fiscal year (2022-23), the Bangladesh Frozen Foods Exporters Association (BFFEA) on Saturday termed FY23 budget as 'practical' and 'time befitting'.Expressing reacting on the proposed budget, BFFEA President Md Amin Ullah, in a statem...
IPDC Finance Limited has recently opened a branch at Khulna to further extend its business operations there. The Khulna Branch Office was officially inaugurated through formal procedures in the presence of S.M. Hasan Reza, Executive Director of Bangladesh Bank, Khulna Office and other Banglades...
The budget was a time-befitting one in the wake of the country’s economic recovery process in the post-pandemic era along with the war between Russia and Ukraine with the target of attaining 7.5 percent economic growth and containing inflation target 5.6 percent.The observation was made by the...
Global Islami Bank has recently organised ‘Integrity Award’ for the year 2020-21 under the national integrity award guideline.The awardees in different categories are Kazi Anwarul Azam, VP and manager of Dhanmondi Branch; Md Mokterul Islam, SAVP and manager of Khatungonj Branch; Fazlul K...
Moden Herbal Group, a leading herbal sector conglomerate of the country on Saturday celebrates 40th anniversary.The colorful celebration took place at the auditorium of Modern Herbal Group's head office, Moghbazar in the capital on Saturday.Senior Secretary, Public Safety Division of the Ministr...
To ensure stricter cyber security, BRAC Bank has established the first Cyber Fusion Centre (CFC) in Bangladesh’s banking industry. The centre, equipped with most modern devices, has been modeled to fight against all cyber security threats. The initiative bears testimony to the bank’...
To continue providing sustainable financing to local corporates and better returns on customers’ insurance policies, MetLife Bangladesh has further diversified its investment portfolio through its subscription of BDT 116 Crore in the Zero-Coupon Bond issued by Delta Brac Housing Finance Corpor...
The 65thMeeting of the Board of Directors of Modhumoti Bank Limited was held on Saturday, 11th June 2022 with assistance of Zoom technology. Humayun Kabir, Chairman of the Board of Directors, Shaikh Salahuddin, MP, Vice-Chairman Board of Directors, among the members of the Board of Directors, M...
High Commissioner of Bangladesh to the United Kingdom Ms. Saida Muna Tasneem paid a courtesy call on the President of FBCCI Md. Jashim Uddin at FBCCI ICON on Wednesday.The Envoy said that during the post-Brexit era, the UK faces supply chain disruption and this is the high time to enter into the UK ...
The international textile sourcing show of South Asia, styled 'Intex South Asia' will be held in Bangladesh from June 16 to 18 at ICCB in Dhaka.The first edition of Intex South Asia was held in Dhaka in 2019 with the extensive participation from different nations.A handout, released by the M...
Ensuring a stable life and livelihood has received its deserved due focus in this year’s budget proposal, said the Metropolitan Chamber of Commerce and Industries (MCCI) in it’s post budget reaction, released on Friday. The MCCI has expressed its satisfaction that that this y...
NOVOAIR announced two nights free hotel stay on purchasing two return tickets to Cox’s Bazar route. To avail this offer, tickets can be purchased from NOVOAIR sales counter by June 30, and passengers must have to fly within July 31.NOVOAIR offered free room hotels in Cox's Bazar are:...
To promote the CMA profession and to offer easy access to CMA program for the aspiring professional accountants, The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has signed a Memorandum of Understanding with the Nawab Habibullah Model School and College (NHMSC), Uttara on 9th J...
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