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Business & Commerce
The Export Promotion Bureau (EPB) has released the apparel export statistics for the period of July-May FY-2023-24. During the mentioned period, our RMG export grew by 2.86% year-over-year to US$ 43.85 billion from US$ 42.63 billion during the same period of the fiscal year 2022-23.The export of kni...
Tally Solutions, a leading international business management software provider, opens nominations for their fourth edition of MSME Honours. The flagship annual program, MSME Honours aims to acknowledge budding businesses and entrepreneurs who have made remarkable contributions to the MSME ecosystem ...
Mercantile Bank PLC has joined hands with Mastercard by securing a license from the global payment technology service provider. This partnership will extend the bank’s card services, making them more advanced and technology-driven. Mercantile Bank has been granted the license as a princip...
Standard Chartered Bangladesh and Friendship have launched a comprehensive project to support 2,500 farmers – belonging to remote and climate vulnerable char communities – withfarm-to-market support and resources. Through this project, the Bank and Friendship will uplift 2,500 indiv...
Speakers at a seminar on Wednesday said the country's traditional handicrafts, textiles and other small and cottage products are able to attract foreign tourists. They also urged the government to arrange special incentives to promote the tourism industry and small and cottage industries of...
The Bangladesh Bank has granted the final licence to Nagad Digital Bank PLC – paving the way for commencing operations as the country’s first full-fledged digital bank. In this way, Bangladesh is going to formally enter the world of digital banking.On Monday, Mohammad Shahriar Siddiqui, ...
BRAC Bank has signed an agreement with The Sheraton Dhaka to offer exclusive privileges for its Premium Banking Plus customers.The agreement will enable all Premium Banking Plus customers to enjoy exciting complimentary benefits from Sheraton Dhaka on birthdays, anniversaries, festive events, and mo...
NRB Bank Limited has signed an agreement with Sena Kalyan Insurance Company Limited regarding Bancassurance on Tuesday at Bank’s Corporate Head Office Gulshan, Dhaka. Md. Omar Faruk Khan, Managing Director & CEO (CC) of the Bank and Brig Gen Shafique Shamim, psc (Retd), Managing Direc...
After completion of 25 years of glorious journey, Standard Bank PLC. has entered into 26th on June 3, 2024. On this occasion, Duaprogram was held at the Boardroom of the bank's head office, Dhaka.Kazi Akram Uddin Ahmed, honorable Chairman of the Bank attended the program as Chief Guest whil...
Md Rafeuzzaman has been elected as the President of Tour Operators Association of Bangladesh (TOAB).Conscious Reliance Forum won the biennial election of TOAB with full panel, held on June 1 and as the leader of the forum, Rafiujjaman has been elected as President for the two year term (2024-26).A t...
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...
National,Back Page
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...
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