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Business & Commerce
Britain’s state-rescued Royal Bank of Scotland said on Friday that first-quarter net profits sank 12.5 percent, hit by fierce competition in the home loans market and ongoing Brexit uncertainty, reports BSS/AFP.Profit after tax slid to o707 million ($912 million, 818 million euros) in the firs...
China launched on Thursday a staunch defence of its Belt and Road global infrastructure project as it opened a summit with a pledge to ease concerns about debt linked to its signature foreign policy.President Xi Jinping’s pet project is a reboot of the ancient Silk Road to connect Asia to Euro...
Asian markets stuttered Thursday after New York equities retreated from record highs, with weak economic data around the world offsetting a forecast-beating earnings season.While the mood on trading floors remains broadly positive after a blockbuster start to the year, there are lingering concerns t...
Stocks on thursday finished the week down with falling trend of all major price indices at Dhaka and Chittagong Stock Exchanges due to lower demand.The broader DSEX of the DSE finished the week with 55.23 points down at 5,266.18.The blue-chip DS30 and the Shariah DSES also followed the same trend wi...
Bangladesh Small Cottage Industries Corporation (BSCIC) has planned to develop Tourism Industrial Park in the Island upazila Sandwip in Chattogram.BSCIC is planning to develop Tourism Park at Musapur union of the upazila over 100 acres of land.Besides, over 25 acres land will be developed for Salt I...
Jatiya Sangsad Speaker Dr Shirin Sharmin Chaudhury Thursday underscored the need for creating more employment opportunities for marginal women to help them contribute towards the national development.“There were social obstacles in the past. But, overcoming all theobstacles, underprivileged an...
Beximco Pharmaceuticals Limited, the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients in Bangladesh has received US Food and Drug Administration (FDA) approval for anti-allergy drug Cyproheptadine Hydrochloride Tablet (4 mg).This drug is a generic eq...
bKash Limited signed an agreement with Dhaka South City Corporation (DSCC) recently facilitating DSCC’s around two lakh householders’ to pay holding taxes through bKash.Mostafizur Rahman, chief executive officer (CEO) of DSCC and Kamal Quadir, CEO, bKash exchanged the agreement at a prog...
Berger Paints Bangladesh Limited has recently launched WeatherCoat Antidirt Supreme in Bangladesh, at a programme at International Convention City Bashundhara (ICCB).WeatherCoat Antidirt Supreme is a premium exterior paint with special polymeric fiber and anti-carbonation technology. This high-quali...
Partex Star Group, one of Bangladesh’s largest, diversified enterprises, has successfully moved its on-premises ERP environment to Oracle Cloud Infrastructure thattook only a month to complete and fulfill the organisation’s mission to adopt the cloud in order to drive operational efficie...
Chairman of Padma Bank Limited, Chowdhury Nafeez Sarafat, accompanied Bangladesh Prime Minister Sheikh Hasina during her historic three-day official visit to Brunei, a rich Southeast Asian nation. Sarafat, who took over the chairmanship of the bank late last year, was part of a high-level busin...
Stocks on Tuesday closed with downward trend due mainly to price fall in large-cap securities with lower transactions.The falling major sectors were ceramics, insurance, IT and fuel and power. A total of 267 securities of the large-cap group moved down due to lower activities, reports BSS.The broade...
A three-day Indonesian trade, tourism and investment expo and festival titled ‘Indonesia Fair 2019’ will begin at the International Convention City, Bashundhara (ICCB) in the city on Thursday.The Embassy of Indonesia in Dhaka is organising the showcase for increasing the visibility of In...
The 39th annual general meeting (AGM) of Singer Bangladesh Ltd was held at Singer Factory at Savar in Dhaka on Tuesday. Dr. Fatih Kemal Ebiçlioglu, Chairman Singer Bangladesh Limited presided over the meeting.Fatih Kemal Ebiçlioglu informed the meeting that Ardutch B.V., a subsidi...
A delegation of ICMAB, led by President M Abul Kalam Mazumdar, Tuesday called on Bangladesh Investment Development Authority (BIDA) Executive Chairman Kazi M Aminul Islam at his office.The ICMAB president apprised the BIDA executive chairman about the role of cost and management accountants in enter...
The BBF Seminar 2019, the eighth edition organised by the Bangladesh Brand Forum (BBF) will be held April 27, 2019. Presented by Beximco, the event with this year’s theme “Creating Human Connection in the age of Digital” will take place at Hotel Le Méridien, Dhaka, said...
ACI Motors has been working relentlessly from 2007 to mechanize and modernize the agriculture sector of Bangladesh. As part of it, ACI Motors has introduced modern harvester “Yanmar” combine harvester produced by renowned Japanese agriculture machinery manufacturing company “Yanmar...
Business & Commerce,Bank & Insurance
Department of Innovation & Entrepreneurship of Daffodil International University has won the ‘Rookie of the year’ Award for its outstanding performance in promoting GEN Entrepreneurial effort countrywide. The award has been conferred in a colorful ceremony held in Manama, Bahrai...
Experts at Atomexpo 2019 in Sochi, Russia called for use of nuclear energy to ensure sustainable development.The nuclear experts gathering at the 11th edition of the international atomic energy forum-Atomexpo 2019, held in Sochi, Russia expressed their opinion in favor of atomic energy for the susta...
A seminar on fashion industry will be held at BRAC Centre Inn, Mohakhali in Dhaka tomorrow (Saturday).ActionAid Bangladesh (AAB) along with Fashion Revolution is going to organise the seminar titled ‘Voices & Solutions: Achieving Growth through Sustainable Production and Consumption in the...
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