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Business
Chinese company YiXin Bangladesh Co. Ltd. is going to set up a shoe accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ). They will invest $ 7.45 million to produce annually 10 million pairs of footwear materials. The company will create employment opportunity for 1,509 Banglade...
MetLife Bangladesh has received the “Great Place To Work” certification, making it the only insurance company in Bangladesh to earn this prestigious recognition.The prestigious recognition is based entirely on what current employees say about their experience working at MetLife Banglades...
In response to the devastating floods impacting northeastern and southeastern Bangladesh, Standard Chartered Bangladesh is delivering emergency relief to 100,000 flood-affected individuals.The initiative is providing relief packages containing provisions for meals over seven days, reaching impacted ...
Global technology brand OnePlus has opened its first ever flagship store in Jamuna Future Park there with state-of-the-art retail space to offer customer an immersive experience of latest technology.The store, launched on Friday, features interactive zones where visitors can engage with OnePlus'...
A delegation of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its Senior Vice President, M Nurul Alam FCS called on meeting with Dr. Ahsan H. Mansur, Governor, Bangladesh Bank on Thursday.On behalf of the delegation, the Senior Vice President congratulated Dr. Mansur on his appo...
397thBoard Meeting of Shari`ah based bank, Standard Bank PLC. was held on Thursday at Boardroom, Head Office, Dhaka. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. It was attended by Vice Chairman Md. ManjurAlam, Directors Messrs Kazi Akram Uddin Ahmed, K...
Eastern Bank has inaugurated another Priority Center for its premium customers at Uttara Model Town on Thursday.Ali Reza Iftekhar, Managing Director and CEO of EBL formally inaugurated the centre.The 21st Priority Centre of the bank located at Canyon Tower of Sonargaon Janapath Road is set to offer ...
A new showroom of Sony-Smart was opened at Tajmahal Road in Mohammadpur in the capital on Thursday.Mohammad Zahirul Islam, Managing Director of Smart Technologies (BD) Limited attended the event as the chief guest while Ricky Lucas, Head of Sony International Bangladesh, Sarwar Jahan Chowdhury, Gene...
Islami Bank Bangladesh PLC (IBBPLC) Chairman Obayed Ullah Al Masud on Thursday said the S Alam Group has taken more than half of the total loans disbursed by the Islami Bank."S Alam had overvalued its assets and taken debts based on those. The assets are already being reassessed. Also, the coll...
Global goods trade has continued to recover in the third quarter of 2024 after demand for traded goods stalled in 2023 amid high inflation and rising interest rates, according to the latest WTO Goods Trade Barometer. Despite the positive signal from the barometer index, the outlook for trade re...
The first meeting of Global Islami Bank's new board of directors was held recently at the bank's Head Office in Gulshan, Dhaka. Independent Director and Chairman of the Board Mohammad Nurul Amin presided over the meeting.The bank's Independent Directors. Md. Zamal Mollah, Nurul Islam Kha...
NRBC Bank PLC. Signed an agreement with Placid Express, USA a USA-based remittance company, with a view to expanding the range of remittance services. On Wednesday at Head Office of the Bank Kabir Ahmed, Deputy Managing Director of NRBC Bank and Mohammed Rashid, Director...
BRAC Bank has entered a strategic partnership with the Mediterranean Shipping Company (MSC), the world’s largest container shipping company, to support its cashless transformation initiatives.In alignment with MSC’s vision of going cashless, the bank has deployed Real-Time Cash Deposit M...
United Commercial Bank PLC Limited (UCB), held its first board meeting with the newly-formed board today at its corporate head office. Distinguished businessman and the Chairman of UCB, Sharif Zahir presided over the meeting. Md. Shazzad Hossoin, Vice-Chairman of UCB; Md. Tanvir Khan, Chairman ...
The Bangladesh Bank will form three separate task forces on the issues of non-performing loans management, Strengthening Project and legal framework to improve the current situation of the banking sector, Association of Bankers Bangladesh (ABB) Chairman Selim RF Hussain said on Wednesday, quoting BB...
Takaful Islami Insurance Limited has settled Tk. 42,86,768 fire insurance claim in a ceremony recently. Abul Kalam Azad, Chief Executive Officer of the company handed over a cheque of the claim amounting Taka Forty Two Lac Eighty Six Thousand Seven Hundred Sixty Eight to Md. Zillur Rahman Khan,...
Farzana Lalarukh, Associate Professor of the University of Dhaka, has been appointed as the commissioner of the Bangladesh Securities and Exchange Commission (BSEC).The Financial Institutions Division of the Ministry of Finance issued a gazette notification in this regard to...
The inaugural meeting of the newly constituted Board of Directors for Union Bank PLC., appointed by Bangladesh Bank, took place on Monday at the bank’s head office. The meeting was chaired by the newly appointed Chairman, Md. Fariduddin Ahmed.Attendees included the newly appointed board member...
Southeast Bank PLC. has provided financial support to Habiganj Agricultural University for agricultural research under a special CSR fund. Financial assistance has been handed over to Professor Md. Abdul Baset, Vice-Chancellor of Habiganj Agricultural University in Presence of Nuruddin Md. Sade...
Investit Asset Management Limited (IAML) has taken move to launch its first opened mutual fund scheme named 'Investit Growth Fund'. This new fund is designed to provide investors with superior risk-adjusted returns through a focused investment strategy in growth stocks. The trust d...
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