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Business & Commerce
Standard Chartered has completed the first deal using Risk Free Rate (RFR) with their clients, Akij Ceramics Ltd and Unilever Bangladesh Ltd. The deal was completed in line with detailed guidance from Bangladesh Bank on how to set the new rates as a replacement for The London Inter-Bank Offer R...
The 6th, 7th & 8th Annual General Meetings (AGM) of Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) was held on Saturday at Gulshan Club, Gulshan, Dhaka.CIS-BCCI President Habib Ullah Dawn presented the Annual Reports of 2019, 2020 & 2021 and explain...
Rangpur Foundry Ltd (RFL) has approved 23% dividend for shareholders for the year 2020-2021 at the 41th Annual General Meeting (AGM) of the Company held on Sunday through a digital platform. Ahsan Khan Chowdhury, Chairman, Rathendra Nath Paul, Managing Director, Sabiha Amjad, Dire...
Berger Luxury Silk Emulsion has recently introduced a campaign titled ‘Smritir Angina’ to help people showcase valuable memories through their walls. Now, people can share the picture of their favorite memory with a story and receive amazing lucrative rewards along with the opportunity t...
Bank & Insurance
Eastern Bank (EBL) signed a deal with Labaid Cancer Hospital and Super Specialty Center for its cardholders’ health privilege.Under the agreement, EBL cardholders can enjoy discounts on healthcare services from Labaid Cancer Hospital and Super Specialty Center, said a press release.M Khorshed ...
The 60thMeeting of the Board of Directors of Modhumoti Bank Limited was held on Saturday on Zoom platform.Humayun Kabir, Chairman of the Board of Directors, Mr. Shaikh Salahuddin, MP, Vice-Chairman Board of Directors, Barrister Sheikh Fazle Noor Taposh, Chairman, Executive Committee of the Board, am...
Necessity of a Preferential Trade Agreement (PTA) and a bilateral investment protection arrangement for mutual facilitation of investment between Bangladesh and Maldives was given emphasize during the bilateral talks between Prime Minister Sheikh Hasina and her counterpart Maldivian President Solih....
The Institute of Chartered Accountants of Bangladesh (ICAB) has signed a Memorandum of Understanding (MoU) with the Bangladesh Institute of Capital Market (BICM). Mahmudul Hasan Khusru FCA, President, ICAB and Prof. Dr. Mahmuda Akter, Executive President, BICM signed the MoU on behalf of their ...
Bangladesh Shipping Corporation (BSC), the lone state owned oceangoing vessels management authority, has earned net profit of Taka 72.03 crore in 2020-21 fiscal which is Taka 30.56 crore more than previous fiscal (2019-20) year.The information was revealed at the 310th meeting of the BSC Board of Di...
The employees of Bangladesh Finance Limited celebrated the founding anniversary of the organization at the company's head office in Dilkusha, Dhaka on Wednesday. Managing Director and CEO of Bangladesh Finance Md. Kyser Hamid was present during the ceremony. According to him, Bangladesh Fin...
Islami Bank Bangladesh Limited inaugurated Kakoli Sub-Branch under Banani Branch, Dhaka on Monday.Muhammad Qaisar Ali, Additional Managing Director of the bank inaugurated the Sub-Branch as chief guest. Mizanur Rahman, Head of Dhaka North Zone of the Bank presided over the program. Md. Mofizur ...
A new Bangladeshi freighter service named NXT Air will start operations and enter the booming cargo market of the country in 2022.Tazin Talukder, Director of the new cargo airline, in a press release on December 21, said that NXT Air has already received no objection certificate (NOC) from the count...
Professor Dr Wahiduddin Mahmud has been nominated for the Bangladesh Bank Award-2020.The committee of the central bank, headed by its governor, chose Professor Dr Wahiduddin Mahmud in recognition of his outstanding contribution to the country’s economy, said a press release.The award will be o...
The Asian Development Bank (ADB) and the Government of Bangladesh on Thursday signed agreements for $13.5 million in additional project loan to modernize irrigation; improve management, operation, and maintenance of large-scale irrigation schemes; and protect productive lands from flooding.The addit...
The 22nd Annual General Meeting (AGM) of Bangladesh Association of Publicly Listed Companies (BAPLC) was held recently at Six Seasons Hotel in the city. Azam J. Chowdhury, President of the Association presided over the meeting, Vice President Riad Mahmud, newly Elected President M Anis Ud Dowla...
The Arthakantha Business Excellence Award has been given to 27 entrepreneurs for their outstanding contributions to the industry and trade. In recognition of this, Sharifuzzaman Sarkar, Director, Brothers Furniture, has been awarded the Best Durable Furniture Company of the Year in recognition of th...
Bangladesh Securities and Exchange Commission (BSEC) has recently approved the draft Trust Deed of UCB Taqwa Growth Fund, the second open-end fund to be launched by UCB Asset Management. The initial size of the said fund will be Tk 35 crore.Sandhani Life Insurance Company Limited will act as th...
Market economy has created a new reality presently. In this case, the reality of ‘operational’ rights of Char land must be accepted, eminent Economist and former Governor of Bangladesh Bank, Dr. Atiur Rahman said on Wednesday.He stressed need to build a roadmap based on experiences inste...
Rizwan Rahman, Managing Director of ETBL Securities & Exchange Ltd. has been re-elected as President of Dhaka Chamber of Commerce & Industry (DCCI) for the year 2022 while Arman Haque has been elected as the Senior Vice President and Monowar Hossain has been re-elected as the Vice President ...
First Security Islami Bank Ltd. inaugurated 3sub-branches in a ceremony on Wednesday with a view to providing shariah based banking services to its clients.The Sub branches are- Peku Chowmuhani Sub Branch and Ukhia Sub Branch at Cox’s Bazar; Peer Bari Sub Branch at Brahmanbaria Sadar. Sye...
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