asmhemu@gmail.com
Business
Bangladesh General Insurance Company (BGIC) signed a Corporate Agent Agreement on Bancassurance with the ONE Bank PLC.Ahmed Saifuddin Chowdhury CEO of BGIC PLC. and Md. Monzur Mofiz Managing Director of ONE Bank PLC. signed the agreement on behalf of their respective Organization in a ceremony...
Baida Industrial Company Limited, a China based company, is going to invest US$ 1.26 million to set up a Printed Materials and Packaging Products manufacturing industry in Uttara Export Processing Zone (UEPZ) in Nilphamari.In presence of the Executive Chairman Major General Abul Kalam Mohammad...
BRAC Bank’s consolidated Net Profit After-Tax (NPAT) in first six months of 2024 grew by 77% year-on -yearto TK 591 crore supported by strong deposit and revenue growth. On a standalone basis, bank’s customer depositsgrew by 34% on annualized basis, from TK49,132 crore to TK57,511 c...
Russia’s parliamentary financial committee has approved experimental exchange trading in cryptocurrencies that will be regulated by the country’s central bank, Interfax reported on Friday, citing a relevant bill. According to the report, the Bank of Russia will be able to establish ...
Standard Bank PLC has approved 5 percent dividend for the shareholders for the year 2023 in its 25thAnnual General Meeting (AGM).The AGM was held on Monday at Police Convention Hall, Eskaton Garden Road, Ramna, Dhaka. Kazi Akram Uddin Ahmed, honorable Chairman of the Bank presided over th...
Saudia Group and Lilium N V, a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), signed a binding sales agreement for 50 Lilium Jets, with options for the purchase of 50 more. The signature ceremony was held at Lilium’s HQ in Munich. The contract was signe...
Dhaka Stock Exchange Chairman Professor Dr. Hafiz Muhammad Hasan Babu on Sunday said the DSE is always active to ensure smooth trading activities so that investors do not face any hurdles.The DSE Chairman made the remarks while visiting several brokerage houses of DSE located in Motijheel for the fi...
The government has decided to exempt the demurrage charges on clearance of imported goods of apparel industry, remaining stuck at Chittagong port due to the recent crisis in the country.Earlier the Bangladesh Garments Manufacturers and Exporters Association (BGMEA) urged the authorities concerned in...
Singer Bangladesh Limited has recently announced its unaudited financial results for the second quarter ending June 30, 2024.The company reported a turnover of Tk. 11.9 billion, reflecting an 8.8% increase compared to Tk. 10.9 billion in the same period last year, according to a media release.This g...
ONE Bank PLC held its 25th Annual General Meeting on July 25, 2024, at Lakeshore Grand, Gulshan, Dhaka.A S M Shahidullah Khan, Chairman of the Board of Directors, presided over the AGM, according to a press release. The bank declared 3.5 per cent Cash and 3.5 per cent Bonus Share in the AGM.Besides ...
Shippers Council of Bangladesh has sought waiver of port surcharge and demurrage charges that importers will have to pay due to delays in receiving delivered goods from ports amid the quota reform movement and curfew imposed by the government, said a press release.Md Rezaul Karim, chairman of Shippe...
The Food and Agriculture Organization of the United Nations (FAO) is distributing silosand cattle feed to vulnerable livestock families across five districts of Jamuna River basin to mitigate the impacts of monsoon floods. The distribution is part of the project Protecting Livelihoods Assets th...
IFIC Bank PLC launched 'IFIC Islamic,' a shariah-compliant full range of Islamic banking services, aiming to offer comprehensive Islamic financial solutions alongside its conventional banking services.The official inauguration of 'IFIC Islamic' took place on Thursday at the multipurp...
The Bank of Russia has raised its key interest rate from 16% to 18%, citing inflationary pressures. Domestic demand continues to exceed the economy’s capacity to produce goods and services to meet it, the regulator said in a statement on Friday, according to handout. Inflation has a...
Outgoing Malaysian High Commissioner Haznah Md. Hashim said that the Malaysian business entities' cumulative investment rose to US$ 5 billion in Bangladesh. “This has mainly propelled by the two telecommunication companies- Robi and Edotco Bangladesh as they reinvested their profits h...
Bangladesh Economic Association (BEA) in a statement on Friday demanded to the government to bring the culprits, who were involved in anarchy and destroyed valuable establishments of the country, under justice through proper investigation. “The demands of the quota reformers have been ful...
The WTO issued today (25 July) the 2024 edition of World Tariff Profiles, a joint publication of the WTO, International Trade Centre (ITC) and UN Trade and Development (UNCTAD). The publication provides comprehensive information on the tariffs and non-tariff measures imposed by over 170 countries an...
IFIC Bank PLC organized a day-long workshop on "Fake Note Detection and Prevention of its Circulation.The workshop was held on 13 July, at a local auditorium in Khulna, reads a press release.Md Abdul Mannan, executive director of the Bangladesh Bank Khulna Office graced the occasion as the chie...
Emirates customers consumed over 45 million pieces of luxury chocolates onboard last year in all classes, as well as an array of delectable desserts.Emirates serves artisan chocolate as part of the signature meal service in all classes, to 140 destinations around the world. Over the last year, Econo...
Garment sector is completely a ‘time-bound’ industry so failing to export within the buyer’s specified lead time, the factories concerned must face severe financial losses, said speakers at a view exchange meeting. .The meeting took place at the conference room of BGMEA regio...
Page 38 of 449, showing 20 results out of 8,980 total
