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Business & Commerce
Padma Bank Limited has signed an agreement with Alawneh Exchange Company of Jordan on safe and quick transaction of remittance sent by Bangladeshis working in Jordan and neighboring countries. As part of the agreement, expatriate Bangladeshis will get the benefit of cash transaction and remit t...
A high level Ethiopian trade delegation led by State Minister for Ministry of Trade and Industry Teka Gebreyesus Entehabu visited BUFT campus at Uttara in Dhaka recently.The 11-member Ethiopian delegation met the Founder Chairman, Board of Trustees of BGMEA University of Fashion Technology (BUFT) Mu...
Romo Rouf Chowdhury has been elected vice chairman of Bank Asia. The election was held at a meeting of the Board of Directors of the Bank held recently, said a press release.Romo Rouf Chowdhury is one of the sponsor shareholders as well as sponsor directors of Bank Asia. He is a graduate in eng...
Director of Standard Bank Capital Management Limited, Managing Director of Shawon Shipping Lines Ltd and Managing Director of Invoca Bangladesh Ltd Tazmeem Mostafa Chowdhury has been elected director of Chattogram Chamber of Commerce & Industries (CCCI). Young entrepreneur and established b...
Bangladesh Edible Oil Limited (BEOL) has already taken all necessary steps to respect the official order given by High Court (HC) and the consumers of Bangladesh Edible Oil Limited can keep their trust intact on all products produced by this company.The country’s first edible oil brand Rupchan...
Syed Faridul Islam has recently joined United Commercial Bank Limited (UCB) as additional managing director (AMD).Prior to joining UCB, he was the deputy managing director & chief risk officer of Prime Bank Limited and looking after credit, information security, credit administration and risk ma...
The government is going to formulate a business-friendly and modern industrial policy by holding discussions with the stakeholders.The existing industrial policy was adopted in 1972. The new industrial policy will be formed by holding discussions with all stakeholders.Industries Minister Nurul Majid...
The government will give priority to country’s ICT companies while rewarding ICT projects through simplifying Public Procurement Rules (PPR). The PPR will be simplified paving the passage for the local ICT firms to participate in ICT projects as they are now capable of handling national and in...
The U.S.-initiated trade row with China could hit South Korea’s export-driven economy hard, policymakers and analysts here have said.“There is a possibility for the impact … to be much more severe than before,” Finance Minister Hong Nam-ki, also deputy prime minister for eco...
Bank & Insurance
Daffodil International University (DIU) in association with Pragati Life Insurance has taken a gigantic initiative of introducing a remarkable policy titled ‘Guardian’s Insurance Policy’, for the first time in Bangladesh for the students who have unfortunately lost their guardians....
Under a campaign with slogan 'SMEs for Development', Oikko Store was inaugurated in Dhaka on Sunday.Oikko is working for the development of SME entrepreneurs and various development activities of this sector.By knowing the world-class products made by SME entrepreneurs in Bangladesh and with...
Eminent Banker M. Azizul Huq has been unanimously elected Chairman of the Board of Directors of Pubali Bank Ltd.The election was held during the 1200th Board Meeting of the bank in Dhaka, said a press release.M. Azizul Huq obtained MA degree in Economics from the Dhaka University. He has long 62 yea...
The 36th Annual General Meeting (AGM) of Pubali Bank Limited was held at the bank’s head office on Sunday. Habibur Rahman, chairman, Board of Directors of Pubali Bank Limited presided over the meeting, said a press release.The shareholders unanimously approved 10 percent cash and 3 percent sto...
The 20th Annual General Meeting (AGM) of First Security Islami Bank Limited was held at Kurmitola Golf Club in Dhaka on Monday.The meeting was presided over by Mohammed Abdul Maleque, vice chairman, Board of Directors of the bank, said a press release.At the meeting, 10 per cent stock dividend (bonu...
BRAC Bank Limited and Robi Axiata Limited have signed an agreement to provide special privilege to the bank’s customers on online ticket purchase.All BRAC Bank credit cardholders will enjoy 10 percent cashback up to Tk 1,000 on bus and launch tickets, said a press release.Siraj Siddiquey (Shak...
The 24th Annual General Meeting of Dhaka Bank Limited was held at InterContinental Dhaka on Monday.Reshadur Rahman, chairman of the Bank of the bank presided over the meeting.During the annual general meeting, shareholders approved 5 percent cash and 5 percent stock dividend for the shareholders for...
South Korean company Hwashin (BD) Limited will invest US$ 6 million to establish a cosmetics accessories industry in Mongla Export Processing Zone. In this regard, an agreement was signed on Monday between the Bangladesh Export Processing Zones Authority and Hwashin (BD) Limited in the city, sa...
A new service of Truck Lagbe - the largest online truck hiring platform in Bangladesh, was launched at a ceremony at its office in Dhaka on Saturday. The new service namely ‘Truck Lagbe Express’ will allow customers rent mini trucks and pickups within minutes. Mini trucks and pickup...
Country’s smartest logistic firm PaperFly participated in E-Commerce Fair ended in the capital on Saturday.E-Commerce Association of Bangladesh (E-Cab) organised the fair with a vow to raise awareness on electronic commerce as well as digital payment system in business, said a press release.Te...
Shareholders of Prime Bank Limited approved 12.50 percent cash dividend and the financial statement of the Bank for the year 2018 in the 24th Annual General Meeting held at KIB Auditorium in Dhaka on Thursday. Azam J Chowdhury, Chairman, Board of Directors presided over the meeting, said a pres...
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