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Business
Bangladesh Purchasing Manager’s Index (PMI) for the month of August, jointly released by Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka and Policy Exchange Bangladesh (PEB), has indicated improvement in general economy.While still in contraction mode with a reading below 50 indica...
A new project titled “Otithi” has been launched to promote community-based and eco-friendly tourism, with special focus on environmental conservation highlighting the rich local cultures of various regions across Bangladesh. This initiative, by engaging local communities, aims to sh...
Tarek Reaz Khan has recently joined NRB Bank PLC as the Managing Director for 3-years tenure. Prior to joining NRB Bank PLC, Tarek served as the MD & CEO of Padma Bank.After completing Masters in Marketing from the University of Dhaka in 1994, Tarek served in multiple Large Local Conglomer...
Prime Bank PLC. a leading financial institution committed to innovation and customer-centric financial solutions, is pleased to announce agreement with Dotlines, a renowned tech company, aimed at enhancing banking services for Dotlines’s employees.Under the agreement, Prime Bank will extend ex...
Bangladesh Innovation Conclave initiated the first ever Sustainability Summit held at a city hotel on Tuesday.Organised by Bangladesh Brand Forum and Sustainable Brand Initiative, the summit aimed to bring together brands, industry leaders, and experts to discuss and exchange ideas on how to a...
The interim government has appointed Md Hafizur Rahman, member of Bangladesh Competition Commission and former Additional Secretary, as the administrator to the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).The Ministry of Commerce today issued a circular in this regard und...
The 2024 edition of the WTO’s World Trade Report presents strong evidence that trade has played a crucial role in narrowing the income gap between economies since the WTO was established 30 years ago.The flagship publication also analyses trends in the distribution of the gains of trade among ...
Social Islami Bank arranged a view-exchange meeting between the members of newly-formed Board and Divisional Heads, Zonal Heads, Branch Managers & Sub-branch In-charges at the bank’s head office on 09 September through virtual platform. Professor Dr. M. Sadiqul Islam, FCMA, Chair...
BRAC Bank's women banking segment, TARA, organized a Digital Skill Development Workshop styled ‘UddogTARA’ for women entrepreneurs focused on enhancing their digital business skills.A total of 70 aspiring women entrepreneurs participated in the daylong workshop.This first-of-its-kind...
Trust Bank's Lalmonirhat branch organised a workshop on 'Identification of CMSME Clusters, Increasing Engagement with Clusters, and Cluster Financing' at the RDRS Auditorium in Lalmonirhat, with the participation of all banks in the district.The event was graced by the presence of the Ch...
Former Cabinet Secretary ASM Abdul Halim has been appointed as a Director and the Chairman of the Board of Directors of Bangladesh House Building Finance Corporation (BHBFC)The Financial Institutions Department of the Ministry of Finance, through a notification issued on 8 September, appointed him a...
Chinese company Home Joy Socks Bangladesh Co. Ltd. is going to invest US$ 50 million to set up a Socks and Garments manufacturing industry in BEPZA Economic Zone (BEPZA EZ). Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at BEPZA Complex...
On the invitation of Bangladesh Bank, a meeting was held with all the members of the Board of Directors of Union Bank with honorable Governor of Bangladesh Bank Mr. Ahsan H. Mansur. At the beginning of the meeting, Chairman of the Board of Directors of Union Bank Fariduddin Ahmed expressed his ...
Denmark and Bangladesh have further strengthened cooperation on food and agriculture to support a safe and sustainable food production in Bangladesh.On Monday, Bangladesh Food Safety Authority (BFSA) and the Danish Embassy on behalf of the Danish Veterinary and Food Administration, signed a Strategi...
Dhaka Bank chairman Abdul Hai Sarkar was elected as a chairman of Bangladesh Association of Banks (BAB). First Security Islami Bank chairman Abdul Mannan and Bank Asia chairman Romo Rauf Chowdhury became the vice chairman of the organisation.In the general meeting of BAB on Monday, a new commit...
Country’s leading private bank United Commercial Bank PLC (UCB) organized a virtual town hall meeting on Monday.Held with the slogan ‘United in Integrity, Growing Sustainably’, all level employees and executives of the bank including all the branch managers and heads of different d...
The Bangladesh Securities and Exchange Commission (BSEC) on Monday formed a committee to investigate the market involvement and activities by Saiful Alam and Salman F Rahman -- owners of controversial conglomerate S Alam Group and Beximco Group, respectively.The probe to determine potential market m...
Probashi Kallyan Bank (PKB) and City Bank Plc signed an essential agreement at the Ministry of Expatriates' Welfare and Overseas Employment yesterday.Under this, the workers who have gone abroad with loans taken from PKB can now send their remittances to PKB by using City Bank as a vehicle and t...
Recently, Bangladesh Bank through a circular took a decision of lifting the LC margin on all types of imports except for some luxury products manufactured in Bangladesh with a view to largely alleviate the recent stagnation caused at the product import level and speed up industrialization, DCCI beli...
BRAC Bank partnered strategically with Apon Bazaar to extend small-ticket digital loans to ready-made garment (RMG) workers in minutes.The joint initiative aims to enhance the lives of RMG workers, providing small-ticket loans without any paperwork. This initiative is a step towards financial a...
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