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Business & Commerce
The leading global smart device brand OPPO has recently roped in the world’s no. 1 all-rounder Shakib Al Hasan as its new brand ambassador. A signing ceremony was held in this regard at Bangabandhu International Conference Center (BICC) on Friday.Shakib Al Hasan and Damon Yang, Managing Direct...
Nurun Nahar Begum has been appointed the Chief Technology Officer (CTO) at BRAC Bank.Her appointment has taken effect from 01 January 2022. She will be a member of the bank’s Management Committee. The homegrown CTO brings in 20 years of experience in the technology field at the bank&rsquo...
If the capacity of Chittagong port is increased, it will be possible to reduce the cost of doing business in the country by at least 5 percent. At the same time, the interest of foreign entrepreneurs to invest in this country will also increase, said FBCCI President Md. Jashim Uddin on Thursday.Ment...
Guardian Life Insurance Limited and LankaBangla Finance Limited have signed a group insurance agreement. Under this agreement, all the employees and their dependents of LankaBangla Finance Limited will enjoy group insurance benefits.Sheikh Rakibul Karim, FCA, Chief Executive Officer (CC) of Guardian...
Shanta Amanah Shariah Fund (SASF) declared cash dividend of 10.0% (BDT 1.0 per unit) for the year that ended on 31 December 2021 for its esteemed investors. Earnings Per Unit (EPU) of the fund stood at BDT 1.33, implying that the fund disbursed 75.2% of its earnings to its well-deserved investors.Sh...
State-owned mobile operator Teletalk is going to bring 5G experience for the visitors with technical support from Huawei Technologies (Bangladesh) Limited at the Smartphone & Tab Expo 2022 to be held at Bangabandhu International Conference Centre (BICC) in the capital's Agargaon from January...
Speakers at a roundtable discussion on Thursday said effective tobacco taxation can be ensured- not only tobacco consumption will decrease, but the tax collected from tobacco sales will increase significantly. They said there is no alternative to effective tobacco taxation if we want to attain ...
City
Korea has resumed receiving Bangladesh expatriate workers. A total of 203 workers left for Korea since December 2021, including 92 on Wednesday.On January 5 a total of 92 Bangladesh workers left for Korea from Dhaka Hazrat Shahjalal International Airport via chartered flights operated by a Korean ai...
An authorized letter from the Central Bank gives Bangladesh Finance permission to open and operate its Islamic Shari’ah wing. Bangladesh Finance Limited has received final permission to set up an Islamic Shariah-based wing and start its activities from Bangladesh Bank on January 04, 2022, Tues...
Asia will reopen further to travel while the recent tightening of borders is only a “temporary speed bump” on the road to recovery, said a top airline industry representative, according to reports.Philip Goh, Regional Head of International Air Transport Association, expressed he was opti...
The business rehabilitation at Thai Airways has been slow, as administrators recently provided a progress report for the three months to mid-December.The struggling Thai Airways continues to make slow but steady rehabilitation progress as it tries to get back to profitability and long-term viability...
Eastland Insurance Company, a first generation Insurance company of the country has kicked off its DEPZ Branch, Savar on the eve of the new year on January 03, 2022. Abdul Haque, FCA Chief Executive Officer of the company inaugurated the Branch. Haque in his speech stated that the DEPZ Bra...
Japanese SoftBank Vision Fund II has injected around $250 million, equivalent to Tk 2,150 crore, in bKash Limited, the first unicorn in Bangladesh, to acquire 20 percent stakes.“I am glad to have acted as a co-counsel for bKash Limited in this landmark deal, the largest ever in the fintec...
Bank & Insurance
Md Ataur Rahman Prodhan, CEO and Managing Director of Sonali Bank Limited, has been elected Chairman of Industrial and Infrastructure Development Finance Company Limited (IIDFC) for the period of 2022-2023. Prior to this, he was vice-chairman of the company. Md. Ataur Rahman Pro...
Padma Bank Limited has officially launched Automated Chalan (A-Invoice) system service at its Mirpur Branch on Tuesday. Under this service, treasury invoices can be deposited at any branch of Padma Bank Limited including Mirpur Branch. Passport fees, company income tax, personal income tax, VAT...
Islami Bank Bangladesh Limited and Parkview Hospital signed a Memorandum of Understanding (MoU) regarding corporate facilities recently at IBBL Chattogram Zone Office. In presence of Mohammed Monirul Moula, Managing Director and CEO of IBBL, JQM Habibullah, FCS, Deputy Managing Direct...
First Security Islami Bank Ltd. (FSIBL) and Bangladesh Rural Electrification Board (BREB) signed an agreement on Pre-Paid Meter Vending Through Mobile Billpay Service on Monday at BREB Head Office. Md. Asafuddaula, Secretary, Bangladesh Rural Electrification Board and Md. Mustafa Khair, Additio...
Tech service leader and connectivity partner to Digital Bangladesh Grameenphone has been awarded as The Most Loved Brand of 2021 under the mobile phone service provider category by Bangladesh Brand Forum (BBF) in partnership with Nielsen IQ at the Best Brand Award event. The organization also w...
In FY 2020-21, the import-export between Indonesia and Bangladesh stood at $ 1.9 billion, which has a huge potential for further growth. Indonesia has a large market for Bangladeshi medicines, agricultural products, poultry, jute and leather goods and footwear.FBCCI President Md. Jashim Uddin called...
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been recognised as the Best Cash Management Bank at the Corporate Treasurer Awards 2021.HSBC Bangladesh has a wide range of liquidity management products across payables, receivables, clearing and foreign currency, liquidity, liability...
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