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Business & Commerce
The local poultry industry and related businesses were facing substantial losses due to the coronavirus outbreak, industry insiders said. They estimated the losses to be Tk 11.50 billion till April 04, according to a statement issued by Bangladesh Poultry Industries Central Council (BPICC) on Tuesda...
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is set to launch a two-day campaign tomorrow to spray disinfectants from Narayanganj to Uttara, in the capital, as part of its effort to fight coronavirus.The apex trade body by teaming up with Bangladesh Tank-lorry Association and D...
Pathao has recently relaunched its instant grocery and essential goods delivery service, Tong. It has partnered with Shwapno, the country’s largest retail brand super shop chain, to expand the geographical reach which operates 132 outlets across Dhaka, Chittagong, Sylhet, and ComillaTong, an o...
Huawei has released its 2019 Annual Report today in Shenzhen, China, detailing a solid business performance. The company's global sales revenue in 2019 rounded off at CNY858.8 billion (USD 123 billion), up 19.1% year-on-year; its net profit reached CNY62.7 billion (USD 8.83 billion); and its cas...
PRAN-RFL Group, one of the largest business conglomerate of the country, has prepared an isolation unit at Amjad Khan Chowdhury Memorial Hospital to ensure treatment of Novel Coronavirus (COVID-19) infected patients. The doctors and nurses of the hospital, situated at Chandpur of Natore Sadar, are r...
Prime Bank Limited has come forward to assist the government in intensifying its prevention and cure efforts against Coronavirus outbreak. The bank has already contributed BDT 5 crore to Prime Minister’s Relief and Welfare Fund as part of joint initiative of member banks of Bangladesh Associat...
Mercantile Bank Limited Opened its 149th Branch at Syedpur in Nilphamari on Wednesday. A. S. M. Zakir Hossain, Senior Vice President & Zonal Head of North Bengal Region of the Bank inaugurated the Branch by cutting ribbon as the Chief Guest. Md. Mamunur Rashid, Vice President & Head of...
NRBC Bank will not take any fee for cash withdrawal by its debit card from any ATM booth in Bangladesh during the ongoing general holidays.“During the ongoing general holiday, withdraw cash using your NRBC Bank debit card from any ATM booth in Bangladesh without paying any withdrawal fee. If f...
IPDC Finance Limited, the first private financial institution established in 1981, has paid their depositors advance interest to ensure their home quarantine to prevent the spread of Coronavirus Disease (COVID-19). As government declared general holiday from 26 March to 4 April 2020, IPDC has paid a...
Islami Bank Bangladesh Limited inaugurated Mujib Corner at its Bogura Branch on the occasion of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Professor Dr. Qazi Shahidul Alam, Director of the Bank inaugurated the corner as chief guest recently. Dr. Nigar S...
The board of Standard Bank has decided to amend relevant clauses for conversion into full-fledged Islamic banking subject to approval from shareholders and relevant authorities.The board of directors of the bank has decided to amend the relevant clauses/articles of the Memorandum and Articles of Ass...
Dhaka Chamber of Commerce & Industry (DCCI), the country’s largest chamber made a set of recommendations and proposals to be considered in the national budget for the year 2020-21 to the National Board of Revenue Wednesday.A delegation of DCCI, led by its President, Shams Mahmud handed ove...
Rangs Motors Ltd (RML) has taken a CSR initiative ‘Sochetonotai Hok Boro Soktti’ to prevent the spread of coronavirus by spraying disinfectant at buses and bus terminals.Considering the global crisis, the government announced public holiday from March 26 to April 4. In this backdrop, a h...
The World Health Organization (WHO) officially declared the corona-virus (COVID-19) outbreak a global pandemic on 11 March, which has now spread to 170 countries & territories and infected over 330,000 people. This number does not adequately show the scale and magnitude of this global crisis, wh...
Islami Bank inaugurated Postagola sub-branch under its Shyampur Branch on Sunday at Postagola, Dhaka. Md. Omar Faruk Khan, Additional Managing Director of the Bank inaugurated the sub-branch as chief guest. Presided over by Abu Sayed Md. Idris, Head of Dhaka South Zone, the program was a...
NRB Commercial Bank Ltd. has taken all sorts of necessary measures to ensure precaution against COVID-19/Coronavirus. The Bank has already provided adequate amount of Masks, Hand Gloves and Hand Sanitizers for protection of the staffs of different divisions of Head Office along with the staffs...
PRAN-RFL Group, one of the largest business conglomerate of the country, on Monday gave surgical mask and hand sanitizer to Dhaka Medical College Hospital, Sir Salimullah College Mitford Hospital and Holy Family Red Crescent Medical College Hospital for the protection of the physicians.Kamruzzaman K...
S.A.M. Hossain has been elected as Chairman of Executive Committee (EC) of Standard Bank Limited in its 326th meeting of the Board of Directors recently. A prominent, innovative and successful businessman of this country, Mr. Hossain holds a Bachelor Degree in Commerce. He was born in a g...
IPDC Finance Limited, the first ever private sector financial institution in Bangladesh, has recently signed a Memorandum of Understanding (MoU) with Nadia Furniture Limited, one of the most popular home furniture manufacturers and retailers in the country.The signing ceremony was held at the IPDC h...
Samsung Electronics is currently operating a campaign called ‘Samsung AC Cleaning Service Campaign 2020’ across the country who have purchased Non-Inverter and Inverter model AC from any Samsung store. The campaign will continue till March 31, 2020. During the campaign, free cleanin...
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