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Business & Commerce
Md. Mahbub Ul Alam FCMA has joined The Institute of Cost and Management Accountants of Bangladesh (ICMAB) for second time on April 15 as Executive Director (ED). Prior to joining ICMAB, he served KAFCO (Karnaphuli Fertilizer Company Limited) for more than 24 years in various important positions...
WTO members welcomed the development outcomes from the 13th WTO Ministerial Conference (MC13) at the meeting of the Committee on Trade and Development on 11 April, underlining their commitment to further engage on trade and development issues to boost the participation of developing economies in int...
The United Kingdom has contributed GBP 673,000 (just over CHF 770,000) to bolster economic growth in the world’s least-developed countries (LDCs) through the Enhanced Integrated Framework (EIF). The UK’s contribution was confirmed at a ceremony held with Director-General Ngozi Okonj...
With over 1,600 exhibitors and anticipated attendance exceeding 50,000 trade visitors, the Techtextil and Texprocess 2024 events promise unparalleled networking and learning opportunities.The participation of Bangladeshi enterprises in Techtextil and Texprocess 2024 is a testament to the country'...
At the meeting of the Committee on Regional Trade Agreements (RTAs) on 8 April, WTO members considered six RTAs involving the Association of Southeast Asian Nations (ASEAN), Australia, Colombia, the European Union, Japan, Pacific Island countries, Peru, the United Kingdom, and Viet Nam. Members...
Arun Kumar Chowdhury has been promoted and joined as Managing Director of Karmasangsthan Bank as per notification dated 09 April 2024 of Financial Institutions Division, Ministry of Finance. Prior to that he was working as Deputy Managing Director of Bangladesh House Building Finance Corporatio...
Md. Hasanur Rashid, the owner of Bengal Trading, a company based in Chittagong, has been arrested for defaulting on a loan of Tk 25 crore from Padma Bank's Khatunganj branch. Khatunganj police, with the assistance of Padma Bank Plc's Recovery Task Force Team & Khatunganj branch, app...
General Manager of Rupali Bank PLC Md. Fayaz Alam has recently been promoted to deputy managing director of the state-owned bank.The Financial Institutions Department of the Ministry of Finance recently issued a notification in this regard, reads a press release. Before being promoted as D...
To support severely impacted businesses—especially those relying on imports for raw materials—amid a shortage of US dollars in Bangladesh, IFC is investing $30 million in Pran Dairy Limited (PDL) and Habiganj Agro Limited (HAL), both part of the PRAN Group, a leading player in the food ...
Bangladesh has demonstrated remarkable development progress in the last five decades. The country’s journey from one of the poorest countries at independence to a lower-middle-income nation within four decades is a testament to its resilience, policy decisions, and commitment to reducing pover...
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organized a Webinar on “Industrial Import Regulation in Bangladesh” on Thursday. It was the last episode out of four episodes of the Webinar series on “Domestic & International Trade.” Mohamm...
Debashish Bhowmik, a jewellery shop worker in Narail, and his team have secured the second plot in the country’s largest Eid campaign “Nagad e Jomi” launched by Nagad. Pintu Bhowmik and Shoma Mohammad were the two other members of the team. National cricket team all-rounder Ma...
Speakers at a seminar said highly potential sectors like Blue Economy, Water resources, ICT, Hi-tech Agriculture, Leather and Jute goods need to be in prime focus for further economic uplift in the coming years. Dutch-Bangla Chamber of Commerce & Industry (DBCCI) hosted the Business Network...
In the AGM, Shareholders of Meghna Bank PLC. Have approved 10% cash & 2.5% stock, total 12.5% dividend for the year ended 2023. The dividend was approved in the 11th Annual General Meeting of the bank, held on April 3 at Lakeshore Hotel, Gulshan 02, Dhaka. H...
The Board of Directors of Jamuna Bank PLC has recently extended the tenure of its Chairman, Md Saidul Islam, for another year.On April 28, 2023, Saidul officially took on the role of Chairman at Jamuna Bank PLC, assuming his responsibilities with the utmost dedication and commitment, according to a ...
Standard Bank PLC. has distributed Iftar among the people in the holy month of Ramadan. Mohammad Mohon Miah, Managing Director & CEO (Current Charge) inaugurated this dignified program by distributing Iftar among the pedestrians in front of the under-construction head office building of the...
The US-Bangla airlines on Sunday added a second wide-body Airbus 330-300 aircraft with 436 seat capacity aspiring to spread its wings to Europe as the country's first ever private carrier. “As part of future plans with the new addition, Airbus will operate London, Rome routes along wi...
The WTO has opened online registration for this year's Public Forum — titled “Re-globalization: Better Trade for a Better World” — to be held at the WTO's headquarters in Geneva from 10 to 13 September. It has also launched a call for proposals for the event.The 2024 ...
SONY-SMART had launched four showrooms together in the port city Chattogram with genuine products of Japanese world-famous brand SONY. Smart Technologies (BD) Ltd., popularly known as SONY-SMART, is the official distributor of Japanese SONY in Bangladesh.These showrooms were officially launched on T...
Bank Alfalah Bangladesh has recently signed a MoU with Bangladesh Bank for green financing.The MoU emphasises Bank Alfalah's commitment to offering Green Financing to its esteemed clients at reduced rates, with the support from central bank, reads a press release.Adil Islam, country head of Bank...
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