State-run Power Grid has undisclosed liabilities which, if taken into account, would exceed the value of its assets and impair its ability to repay.The company's auditors flagged the liabilities in qualified opinions attached to the FY25 financial statements. To get independent judgements about the financial status of Power Grid, The...
Read moreThe Dhaka Stock Exchange (DSE) has revoked another Trading Right Entitlement Certificate (TREC) licence - SQ Brokerage House Ltd - for violation of trading rules.The prime bourse on Tuesday announced the regulatory decision on its website, stating that the brokerage firm failed to commence trading activities within the stipulated time.SQ...
Read moreMost of the unit holders of Beximco Green Sukuk have shown reluctance in converting bonds into shares although four years have passed, fearing losses.In a stock exchange filing on Tuesday, the Investment Corporation of Bangladesh (ICB), the trustee of the debt securities, said only 18 unit holders with bonds of...
Read moreFisheries and Livestock Adviser Farida Akhter on Tuesday said increasing fish production is meaningless without ensuring food safety, cautioning that although expanded agricultural activities have boosted fish supply, they have also given rise to serious food safety challenges."If fish produced through aquaculture is not safe, then it cannot truly be...
Read moreThe National Board of Revenue (NBR) on Tuesday announced that all online value-added tax (VAT)-related activities will now be conducted through the eVAT System following the rebranding of the existing iVAS platform, reports UNB.In a press release, the NBR said the decision was taken to eliminate confusion caused by the...
Read moreThe Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) has welcomed the announcement that the governments of Bangladesh and Japan reached an agreement, in principle, on the Bangladesh-Japan Economic Partnership Agreement (EPA). This pivotal development marks a significant milestone toward the finalisation of a comprehensive economic partnership between the two nations,...
Read moreDhaka Regency Hotel & Resort is all set to celebrate Christmas with a range of exclusive dining offers, says a press statement. Guests can elevate their festive moments under the open sky at the city's iconic rooftop, Grill on the Skyline, where Dhaka Regency is offering a specially crafted Friends...
Read moreEmirates has introduced a new range of complimentary amenity kits for Premium Economy and Economy Class customers on long-haul overnight flights, rolling out globally from December. The reusable kits, made with bio-based materials including cactus, are designed in partnership with United for Wildlife to raise awareness about some of the...
Read moreMutual Trust Bank (MTB) arranged its Annual Trade Based Financial Compliance Conference 2025 on Saturday to create awareness on key deliverables for prevention of trade-based money laundering. The conference was held for MTB officials relevant to trade servicing from branches and corporate head offices. Over 100 participants attended in person,...
Read moreCitizens Bank Managing Director Alamgir Hossain formally inaugurated the bank's Chatkhil branch at Noakhali on Monday in presence of Deputy Managing Directors Md. Mostafizur Rahman and Md. Abdul Latif and other high officials of the bank. Among others, renowned businessmen and local elites were also present on the occasion.
Read moreJamuna Bank has inaugurated its 170th branch, the Naria Branch, at Naria in Shariatpur. The inauguration ceremony was graced by the bank's Additional Managing Director & COO Md. Abdus Salam, who attended the programme as the chief guest. The programme was presided over by the bank's NRB Banking & Foreign...
Read moreShadharan Bima Corporation (SBC) handed over a dividend cheque for Tk 500 million for the fiscal year 2025-26 to Finance Advisor Dr Salehuddin Ahmed on Tuesday. The dividend was presented by the Chairman of the Board of Directors of SBC, Mohammad Jainul Bari (a retired secretary). Nazma Mobarek, Secretary, Financial...
Read moreThe 49th Annual General Meeting (AGM) of The ACME Laboratories Ltd was held virtually on Monday, where the shareholders approved a 35% cash dividend for the financial year 2024-25. Nagina Afzal Sinha, Chairman of the company, presided over the meeting. Deputy Managing Directors Dr Jabilur Rahman Sinha, Jahanara Mizan Sinha,...
Read moreJanata Bank PLC held its 869th board meeting on Tuesday, with Chairman of the Board of Directors M Fazlur Rahman in the chair. The bank's directors Badre Munir Firdaus, Dr Md Abdus Sabur, Abdul Majid Sheikh, Abdul Awal Sarker, Md Shahadat Hossain, Md Ahsan Kabir, Md Kausar Alam, Md Obaidul...
Read moreThe 3rd Extraordinary General Meeting (EGM) of Agrani SME Financing Company Limited, a non-banking financial institution owned by Agrani Bank PLC, was held at the Boardroom of the bank's head office on Sunday. The meeting was chaired by the company's Chairman and Managing Director of Agrani Bank Mohammad Anwarul Islam....
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