Business

Prime Bank Foundation awards scholarship to 234 students

Prime Bank Foundation, the philanthropic wing of Prime Bank PLC, continues to make a lasting impact on the lives of the underprivileged by supporting healthcare and education across the nation.This year, Prime Bank Foundation awarded scholarships to 234 meritorious but unprivileged students under it...

Business

ABB gives Tk 2cr for flood victims & treatment of wounded students

Association of Bankers Bangladesh Limited (ABB) has announced the contribution of 2(two) crore taka for flood relief and medical treatment of students and other individuals wounded during the recent movement. ABB, in its Board of Governors meeting held on August 24, 2024, decided to come forwar...

Business

Saudia tops global on-time performance charts again

Saudia, the national flag carrier of Saudi Arabia, continues to top the global list for on-time performance (OTP), achieving this milestone for the second time consecutively, according to a report by the independent aviation tracking site, Cirium, for July2024.Saudi Arabian Airlines' consistent ...

Business

BKMEA urges NBR to digitise export-import process

BKMEA President urged NBR to digitize the export-import process and make it smoother as well as make the process free from corruption.Mohammad Hatem, the new President of BKMEA made the call during a visit to the NBR Chairman at the NBR offic,  Agargaon, Dhaka.BKMEA Executive president Fazlee S...

Business

BGIC approves 10pc cash dividend

The 39th Annual General Meeting of Bangladesh General Insurance Co. PLC. (BGIC) was held on Wednesday virtually at it's head office. At the beginning a special Dua was offered for the eternal peace of the departed souls of BGIC’s Founder late M.A. Samad and other member who departed e...

Business

Social Islami Bank gets new board

The newly-formed board of Social Islami Bank PLCheld a meeting on 28th August at the Bank’s head officeto safeguarddepositors’ interest and ensure good governance within the Bank. Dr. M. Sadiqul Islam, FCMA, Professor of the Department of Finance at University of Dhaka, was elected ...

Business

Prime Bank partners with Toyota-Navana

Prime Bank PLC., a leading financial institution committed to innovation and customer-centric financial solutions, has signed a partnership with Toyota–Navana Limited, authorized distributor of brand new Toyota vehicles in Bangladesh. Recently a signing ceremony was held between these two orga...

Business

BGMEA holds view- exchange meeting with stakeholders

A view exchange meeting was held at the BGMEA Complex in Uttara on Tuesday involving representatives from BGMEA, the Bangladesh Army, Industrial Police, the Department of Inspection for Factories and Establishments, the DC of Dhaka District, the DC of Gazipur District, DGFI, NSI, Community Policing ...

Business

Standard Bank holds training prog for freshers

Mohammad Mohon Miah, honorable Managing Director & CEO (Acting)of Standard Bank inaugurated a one-week long Foundation Training Program forthe newly recruited Trainee Assistant Officer (Cash).Md. Siddiqur Rahman, Deputy Managing Director & COO and Md. Mosharrof Hossain, SEVP & Chief Remi...

Business

BEZA inks land allotment deal with Sim Fabrics for Jamalpur EZ

Bangladesh Economic Zones Authority (BEZA) signed an agreement with  Sim Fabrics Ltd. for allotment of 5 acres of land in Jamalpur Economic Zone.The agreement signing ceremony was held on Wednesday at the BEZA office, Agargaon in the capital.Executive Member (Investment Development) Md. Mojibur...

Business

Pubali Bank holds 2nd business confce of Bogura zone

Pubali Bank PLC's 2nd Business Conference 2024 of Operation Managers', Sub-Branch Managers' and Islamic Banking Window Managers' of Bogura Region held recently. Mohammad Ali, Managing Director and CEO of Pubali Bank PLC was present as Chief Guest at the conference, said a p...

Business

Businesses for banking-sector reforms, making central bank fully autonomous

Country's top business leaders stressed banking sector reforms, including making Bangladesh Bank fully autonomous and creating a plan to reduce non-performing loans (NPLs). They also opined that strict actions should be taken against willful defaulters, efforts should be made to recover mon...

Business

FBCCI provides relief items to flood-hit people

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has provided food items and relief materials to the students for distributing those among the flood-hit people of the country.A delegation of the FBCCI handed over the food items and relief materials to the students at the Teache...

Business

Samsung launches new refrigerators

Samsung has unveiled new models of refrigerators in the Bangladesh market. The amazing new appliances have been especially crafted to blend into the natural aesthetic of modern interior. At the same time, all new models come with advanced features, ensuring maximum satisfaction to the customers...

Business

UCB appoints new board chairman, executive committee chairman

Dr. Aparup Chowdhury, Independent Director of UCB has been unanimously elected as Chairman of United Commercial Bank PLC in the board meeting held on today at the corporate office of UCB. Moreover, Bashir Ahmed has also been elected as the Executive Committee Chairman of UCB.  Dr. Aparup Chowdh...

Business

Daily Shopping launches campaign to support flood- hit people

The popular retail chain ‘Daily Shopping’ has launched a campaign to stand beside flood affected people. As part of the initiative, the retail chain shop will donate a portion from each transaction to provide relief to the affected people.    The relief effort will be carried o...

Business

BGMEA seeks soft loan as leaders meet finance adviser

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Khandoker Rafiqul Islam today sought soft loan from the government to recoup losses due to operational disruptions of enterprises during student-mass uprising, general holidays and severe flood.The loan assistance was sough...

Business

BB forms new board for SIBL

In a move to protect depositors’ interests, Bangladesh Bank has dissolved the board of directors of Social Islami Bank Limited (SIBL) and appointed a new five-member board to oversee the bank’s operations.This action marks the third time that S Alam Group, which previously held control o...

Business

ICAB launches SPOS system

The ‘Single Point of Online Services for Members and Other Stakeholders was launched by the Institute of Chartered Accountants of Bangladesh (ICAB) on Sunday at ICAB auditorium. ICAB President Mohammed Forkan  Uddin FCA delivered an address of welcome while Vice President and Convene...

Business

NBR to implement automated system in reducing harassment in tax audits

The National Board of Revenue (NBR) plans to implement automated system for auditing taxpayers’ files, aiming to remove human intervention and reducing harassment during tax audits, said NBR Chairman Abdur Rahman Khan.He also said taskforces will be formed with private sector participation to ...