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Business & Commerce
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...
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...
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