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Garment factories going green, driven by buyers and competition

Self-motivation, market-driven factors including buyer requirements, and sustaining competitiveness are the key factors that motivate the greening of garment and textile factories in the country, according to a new Centre for Policy Dialogue (CPD) study. It also found that government regulations related to environmental standards have a relatively weaker influence...

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Towfika Aftab re-elected chairperson of Citizens Bank

Towfika Aftab has been unanimously re-elected the chairperson of the Board of Directors of Citizens Bank PLC recently. Mrs. Aftab, born in a respectable Muslim family of Cumilla district, obtained master's degree in political science and LLB from the University of Dhaka. Mrs. Aftab has been in the legal profession...

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Sri Lankan economy to grow by 1.7pc in 2024: World Bank

COLOMBO, Oct 3 (Xinhua): Sri Lanka's economy is expected to grow by 1.7 percent in 2024 after contracting by 3.8 percent in 2023, the World Bank said in its twice-a-year update on Tuesday.The World Bank said that the outlook is clouded with uncertainty and that growth prospects depend on progress...

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Dhaka Bank launches co-branded credit card with BIP

Dhaka Bank Limited has launched an exclusive co-branded credit cards with Bangladesh Institute of Planners (BIP) in association with Visa. The credit card was jointly unveiled by Mohammad Abu Jafar, Acting Managing Director of Dhaka Bank, and Mohammad Fazle Reza Sumon, President, Bangladesh Institute of Planners, at the closing ceremony...

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NRB BANK SIGNS AGREEMENT WITH ASTRA AIRWAYS

NRB Bank Limited has signed an agreement with Astra Airways Limited. In presence of Mamoon Mahmood Shah, Managing Director & CEO of NRB Bank Limited, Md. Shaheen Howlader, Deputy Managing Director of the bank, and Mohammad Mozammel Haque Bhuiya, Head of Marketing & Sales of Astra Airways Limited, has signed...

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Mohammad Jahangir Alam and Engineer Md Nurul Aktar elected chairman and vice chairman of Chartered Life Insurance Company

Mohammad Jahangir Alam and Engineer Md Nurul Aktar have recently been elected chairman and vice chairman of Chartered Life Insurance Company Limited respectively. They were elected at the 74th meeting of the board of directors of the company. Mohammad Jahangir Alam is a prominent businessman. On the other hand, Engineer...

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Ruble slumps again as Russia's economic woes mount

MOSCOW, Oct 3 (AFP): Russia's currency fell against the dollar on Tuesday, continuing to weaken on signs the country's economy is facing slower growth and higher inflation as the fighting in Ukraine drags on.The ruble crossed the psychological threshold of 100 to the dollar on the Moscow financial exchange-having already...

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