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The 25th Annual General Meeting (AGM) of Bank Asia PLC., was held virtually on 23rd June 2024. Romo Rouf Chowdhury, Chairman of the bank, presided over the meeting. Shareholders of Bank Asia approved 15% cash dividend for the year 2023 at the AGM. Mohd. Safwan Choudhury and Zakia Rouf Chow...
Indian businessmen have shown interest to invest in energy, healthcare, consumer goods, IT and agriculture sectors in Bangladesh, said Salman F Rahman, Prime Minister's Private Industry and Investment Adviser.Salman said that the relations between Bangladesh and India are very close and friendly...
The latest Annual Report of the Standards and Trade Development Facility (STDF), issued on 20 June, marks the 20th anniversary of the STDF, tracing how it has evolved into a robust knowledge network and partnership of stakeholders from the public and private sector. The STDF is a global multi-s...
Bangladesh economy has experienced significant transformations driven by various factors including Foreign Direct Investment (FDI), remittance, export diversification and trade, which are considered to have played crucial roles in the economic growth, according to the report of 3rd edition of the Ba...
City Bank recently signed a US$30 million loan agreement with OPEC Fund for International Development (the OPEC Fund) to support international trade by providing financing to import and export companies in Bangladesh, especially in the agriculture and green energy sectors.OPEC Fund Vice President Ta...
The Office of Commercial Affairs - Royal Thai Embassy, Dhaka and Ruen Busaba jointly organized the Thai SELECT Certificate awarding ceremony on Sunday .The event took place at Ruen Busaba Block-D, Road -10, Banani in the capital. Ambassador of Thailand to Bangladesh Makawadee Sumitmor attented ...
The 11th Annual General Meeting (AGM) of SBAC Bank PLC. held on Saturday at RAOWA Center. The Chairman of the Board of Directors of the Bank AZM Shofiuddin Shamim MP presided over in the meeting. The shareholders approved seven other agendas including the Audited Financial Statements ...
International industry leader Philippe Varin has been elected Chair of the International Chamber of Commerce (ICC) – the voice of world business, representing over 45 million businesses. Varin succeeds Maria Fernanda Garza – who becomes ICC’s Honorary Chair – following a...
The newly listed Sikder Insurance Company Limited has declared a 3 per cent cash dividend for the year 2023.The company made the announcement through a disclosure on the Dhaka Stock Exchange website on Wednesday. This was the company's first dividend declaration since its listing earlier this ye...
Dhaka Bank PLC, a leading private sector commercial bank, has teamed up with SME Foundation (SMEF) for providing loans to the Cottage, Micro, Small and Medium Enterprises (CMSMEs) under their revolving loan facility, amounting to Tk 450 crore with the fund from the government's stimulus package ...
BRAC Bank has signed an agreement with Unimart Limited to offer exclusive privileges for its High-Value Premium Savers Account Holders.Under the agreement, High Value Premium Savers Account Holders will enjoy exciting complimentary gift vouchers from Unimart.Unimart Limited, a prestigious entity und...
Commercial Bank of Ceylon PLC has recently signed a memorandum of understanding (MoU) with ACI Motors Limited. Kasun Herath, the deputy CEO & COO of Commercial Bank of Ceylon PLC and Pradip Kar Chowdhury, executive director, finance and planning & CFO of ACI Motors Limited, signed...
Midland Bank PLC (MDB) has completed its 11th year of its commercial operation on June 20, 2024.On this auspicious occasion, Md Ahsan-uz Zaman, Managing Director and CEO along with the senior management members and divisional heads of the bank, held a ‘dua’ session in the board room of t...
The 28th Annual General Meeting (AGM) of Meghna Insurance Company Limited was held recently on both digital platform and physical presence at Golf Garden, Army Golf Club, Dhaka Cantonment.Physically the meeting was attended by Musfiq Rahman, Chairman;Manwar-Uz-Zaman, Vice Chairman; Sarder Sani...
David Sislen is the World Bank’s new Country Director for Maldives, Nepal, and Sri Lanka, effective from July 1, the global lender said in a statement on Wednesday. Sislen succeeds Faris Hadad-Zervos, who will be taking on a new World Bank assignment. Sislen, a dual national of the US and Ital...
Industries Secretary Zakia Sultana said the government will set up two more CETPs in Dhaka and one in Chattogram in a bid to proper and environment-friendly preservation of hide. "Every year around one crore animals are slaughtered during the eid-ul-adha while another one crore animals ar...
To support sustainable textile manufacturing and improve the sector's resource efficiency in Bangladesh and India, IFC on Monday announced a partnership with EPIC Group, a leading player in the global apparel industry, to help finance its green capital expenditure program and create higher-skill...
The recognition of LEED certification refers to underscoring the country’s commitment to green initiatives within the garment sector, opines RMG sector insiders. They said the LEED (Leadership in Energy and Environmental Design) is a globally recognised green building rating syste...
US-Bangla Airlines, leading private airlines in Bangladesh, has recently received the admired certificate of registration from the International Air Transport Association (IATA) for its outstanding ground handling services.IATA Safety Audit for Ground Operations (ISAGO) has been recognized US-Bangla...
The inaugural WIPO-WTO Executive Program on Intellectual Property (IP) Issues, jointly organized by the World Intellectual Property Organization (WIPO) and the WTO, concluded on 14 June in Geneva. This two-week event marked a significant milestone in international IP dialogue, bringing together...
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