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Business & Commerce
Prime Bank PLC., a leading commercial Bank in the country, announces its third quarter (Q3) financial results for the period ended on 30 September 2024. The Board of Directors of the Bank adopted its Q3 un-audited Financial Statements at the Board Meeting held on Monday.The Bank posted a 45% Net Pro...
Textiles and Jute Adviser Brigadier General (Retd) Dr M Sakhawat Hossain has urged the South Korean investors to invest in Bangladesh’s textile and jute sectors for the mutual benefits of the two countries.Sakhawat, also the shipping ministry adviser, came up with the call as a delegation of S...
IPDC Finance PLC recorded operating profit of BDT 1021.9 million in Jan’24 to Sep’24, making an 18% rise on a year-on-year basis. During this time the investment portfolio has increased significantly by 44.5% resulting in a rise in investment income of Tk 254.9 million (170% YoY Gro...
Speaking at a roundtable with heads of multilateral development banks (MDBs) on the sidelines of World Bank Group and International Monetary Fund annual meetings in Washington D.C. on 25 October, Director-General Ngozi Okonjo-Iweala highlighted the critical role of supply chain finance in integratin...
The Bangladesh Securities and Exchange Commission (BSEC) on Sunday formed a four-member inquiry committee to identify the reasons behind the recent market fall. The members of the committee are Mohammad Shamsur Rahman, additional director of the BSEC, Muhammad Oarisul Hasan Rifat, deputy d...
Eastern Bank a leading private sector bank in the country has introduced Financial Literacy and Entrepreneur Development Training program exclusively designed for women entrepreneurs at a ceremony held at the bank’s head office at Gulshan.Curated by ADB and Bangladesh Bank, the online training...
Al-Arafah Islami Bank (AIB) PLC awarded 30 best Trainers of its Core Banking System (CBS) Ababil NG on Sunday. Chairman of the Bank Khwaja Shahriar distributed certificates and awards to the Trainers as Chief Guest. Managing Director and CEO of the Bank Farman R. Chowdhury presided over the cer...
Experts at a seminar stressed necessity of a robust Alternative Dispute Resolution (ADR) system to resolve investor disputes swiftly, thereby enhancing investor confidence and contributing to economic growth. The seminar styled “Elevating Bangladesh’s Trade and Commerce: ADR’s...
Southeast Bank PLC. conducted a day-long capacity development program on “Sustainable Finance” in a hybrid format on Sunday at the Bank’s training institute in collaboration with the “Sustainable Finance Department” of Bangladesh Bank. Divisional heads, executives,...
Shahjalal Islami Bank PLC. organized a seminar titled “Accelerance on Financial Literacy for Development of CMSME Women Entrepreneurs” at its’ Sylhet Dargah Gate Branch Premises recently.Around 100 potential women entrepreneurs participated in the program.The Deputy Managing D...
Danish Ambassador to Bangladesh, Christian Brix Møller said that Denmark is committed to supporting Bangladesh’s sustainable economic growth, particularly through partnerships in renewable energy, shipping, and logistics. Bangladesh offers enormous untapped potential. "But to ...
BRAC Bank has launched a new initiative that offers personal and professional growth opportunities to its female co-workers. In light of this, the bank aims to be a top runner in women empowerment and female leadership so that women can find the safety and confidence to lead the industry equall...
The Khulna Branch Council (KBC) of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) successfully organized a special grooming session titled “Campus to Corporate” on October 26, 2024, at CMA Bhaban in Khulna. The session aimed to equip students with essential s...
Md. Kamal Hossain Sarker has been appointed as the Deputy Managing Director of Trust Bank PLC, effective from October 1.Previously, he served as the Senior Executive Vice President and Head of the CRM Division at the bank. Sarker holds an MSS in International Relations and an MBA in Marketing from t...
Al-Arafah Islami Bank PLC. signed an agreement with IBN Sina Diagnostic and Consultation Center, Uttara, Dhaka to provide AIB PLC Payroll Privilege Services (APPS) for the employees of this organization.Deputy Managing Director of the Bank Md. Fazlur Rahman Chowdhury and General Manager (Accounts &a...
Ashwani Nayar (Area General Manager, IHG, Southwest Asia and General Manager, InterContinental Dhaka) was recognised recently as Asia's Best General Manager by CMO Asia and the World Federation of Hospitality Professionals for his immense contribution to the Hospitality and Tourism industry.Ashw...
Experts and stakeholders at a workshop highlighted the importance of signing Free Trade Agreement FTA with some relevant countries is significant for Bangladesh to overcome upcoming LDC graduation challenges. They said that the transition to a more prestigious global status may erode trade pref...
Faruque Hassan, a founding member of the Board of Trustees at BUFT, former President of BGMEA, and Managing Director of Giant Group, has been appointed as the Chairman of the Board of Trustees at BGMEA University of Fashion and Technology (BUFT).Mr. Hassan was unanimously elected to this position du...
M. Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank PLC. (EBL) and Anjan Shekhar Das, Managing Director, RSB Industrial Limited signed a payroll banking agreement at the latter’s corporate office in Chattogram recently. Under the agreement, EBL will offer comprehensiv...
Commercial Bank of Ceylon PLC has recently launched a Sub-branch in the CEPZ.To better serve customers, CBC has moved its CEPZ Offshore Banking Unit in Chattogram to the newly launched Sub-Branch at the Commercial Complex of CEPZ, ground floor, South Halishahar, Chattogram.The Bank's Chief Execu...
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