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Business
At least 83 per cent CSMEs reported financial distress. Most of these firms do not maintain any financial records, making it difficult for them to access finance, said speakers at a exhibition, referring to a 2020 report of International Finance Corporation (IFC). The Hongkong and Shanghai Ban...
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Bangladesh Economic Association (BEA) on Monday came up with an alternative budget of Tk 11,95,486 crore for the fiscal year 2024-25 which is 1.57 times higher than the size of the proposed budget for the current fiscal year.BEA General Secretary Prof. Dr. Aynul Islam proposed the alternative budget...
Dhaka Stock Exchange (DSE) launched a new state-of- the-art data centre on November 12, 2023 at DSE Tower in Nikunja area. Since then, various organisations have been approaching the DSE authorities for renting data centre space. In continuation of this, a team of four members led by Chair...
State Minister for Finance Waseqa Ayesha Khan has said that effective coordination and regular monitoring are essential for timely implementation of Sustainable Development Goals (SDGs) in the country.Simultaneously, she has also called for effective integration of SDGs with other major national pla...
Md. Asaduzzaman Bhuiyan, Mohammed Hossain and Md. Aminul Islam Bhuiyan have recently been promoted as Deputy Managing Director (DMD) of Al-Arafah Islami Bank PLC. Prior to the promotion, Md. Asaduzzaman Bhuiyan was serving as SEVP and Head of Asset Management Division, Mohammad Hossain as SEVP and M...
Standard Chartered Bangladesh has appointed Lutful Habib as Managing Director and Head of Wealth and Retail Banking. In this role, Habib will be responsible for leading the Bank’s Wealth and Retail Banking division. His appointment has been effective from 1 June 2024. Prior to his recent ...
Energypac Power Generation PLC, a leading power engineering company in Bangladesh, has recently brought home another accolade as the company has been awarded the Global Economics Award 2024 as the “Most Innovative Power Engineering Company - Bangladesh”. Energypac, driven by an aspi...
First Security Islami Bank organized a training course on Cash Management and Operation with the participation of officials of the bank. Muhammad Mustafa Khair, Additional Managing Director of the bank was present as Chief Guest in the inauguration ceremony of the program. Several sessions on t...
City
Awami League Joint General Secretary Mahbubul Alam Hanif on Monday said the government is taking up stern actions if allegation of corruption is found against anyone.He said this while talking to journalists before joining a workshop at Kusthia District Shilpakala Academy auditorium in the town.Hani...
Over 94% of export from Bangladesh to UK concentrated on ready-made garments (RMG) products (USD 5.03 billion). Other than RMG products, few more items are also being exported to the UK, but their volume is not up to the expected level, said Ashraf Ahmed, President, Dhaka Chamber of Commerce & I...
Tobring systemic, positive change to the textile value chain in Bangladesh, IFC’s Partnership for Cleaner Textile (PaCT) program has catalyzed transformative change over the last 10 years, contributing to the sector’s competitiveness and environmental sustainability. Si...
Mercantile Bank PLC celebrates 25th anniversary at its Head Office on Sunday. Bank’s Chairman Morshed Alam, MP inaugurated the program by cutting cake. Md. Quamrul Islam Chowdhury, Managing Director of the bank delivered the welcome speech. Al-Haj Akram Hossain (Humayun) and Md. Abdul Han...
Social Islami Bank Limited launched a week-long orientation training in banking on Sunday at the bank’s head office for the 3rd batch of newly recruited Assistant Officers.Zafar Alam, Managing Director and CEO, inaugurated the training program as the chief guest. Abdul Hannan Khan, Deputy Mana...
Itel has launched its latest innovation, the itel S24, at an event in Cox’s Bazar. Priced at Tk 13,990, the itel S24 features a 108MP ‘Ultra Clear Camera’ with a Samsung HM6 ISOCELL Sensor, a powerful Helio G91 processor, 128GB internal storage, and 16GB RAM (8GB RAM + 8GB Memory F...
A day-long training was held today at the New Bandhon Community Centre located in Narayanganj by United Commercial Bank PLC (UCB) to improve the skills of entrepreneurs working in the agriculture, livestock and fisheries sectors. About 130 entrepreneurs from 5 upazilas of the district participa...
ShopUp, the country's leading B2B commerce company, announced its partnership to become the national distributor of Shukran products. This follows the company’s focus on building a fully local supply chain for the distribution of local brands and products nationwide.Through this partnershi...
The Financial Integrity and Customer Services Department (FICSD) of Bangladesh Bank organised an inaugural ceremony of Customer Awareness Week-2024, for financial security of Rajshahi region supported by Islami Bank Bangladesh PLC at Chapainwabganj on Saturday.Md Nurul Amin, executive director of Ba...
Saied Mahmud Zubayer, Head of Issue Marketing, Promotion and Debt Market Development, Dhaka Stock Exchange PLC, has been appointed as a member of the Global Council of CGIA Institute, USA.He has been appointed as a member of the Global Council of the 'CGIA Institute' for a term of three year...
The popular retail chain ‘Daily Shopping’ has launched a new outlet in Siddhirganj, Narayanganj recently. The outlet is now open for customers at Bhumi Polli on Adamjee EPZ road in Siddhirganj. Firoz Alam, Deputy General Manager (Operation) of Daily Sopping, Omar Faruk...
WTO members met at Heads of Delegation level on 30 May for their first formal meeting on dispute settlement reform, with an initial focus on how to resolve issues regarding appeal/review and accessibility. The facilitator of the process, Ambassador Usha Dwarka-Canabady of Mauritius, said the di...
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