Al-Arafah Islami Bank PLC (AIB PLC) has officially launched its operations with Ria Money Transfer, one of the world's leading remittance companies, at the Head Office of the bank in Dhaka on Sunday. The launching ceremony was presided over by...
As part of its commitment to corporate social responsibility, Commercial Bank of Ceylon PLC has made a generous contribution to Alokito Poth, an initiative dedicated to improving education for underprivileged children with autism. This donation reflects the bank's efforts to...
Guardian Life Insurance Limited, a leading provider of corporate group insurance solutions, has recently formalised a partnership with Robi, a prominent telecom operator, and its subsidiaries to provide comprehensive insurance coverage to over 1,450 employees and their dependents. Under this...
EXIM Bank held a Special Business Development Meeting for Dhaka Region on Saturday. Managing Director (Current Charge) Md Akhter Hossain was present as the Chief Guest while Additional Managing Director Abdul Aziz (Zumma) presided over the conference at the Exim...
The National Board of Revenue (NBR) is set to introduce the Authorised Economic Operator (AEO) system on February 5, aiming to streamline import and export processes by providing a seamless clearance system for businesses, reports UNB.Under this system, AEO-certified businesses...
SAIF UDDIN | 2025-02-03 00:00:00
The country's workforce notably lacks future job skills in digital and green technologies which would lower the productivity and competitiveness in the global market, stakeholders have said.Many skills are getting obsolete at a faster rate while some new skills are...
WASHINGTON, Feb 02 (AP): The U.S. military has conducted airstrikes against Islamic State (IS) operatives in Somalia, the first attacks in the African nation during President Donald Trump's second term.Defense Secretary Pete Hegseth said Saturday that the strikes by U.S....
RIYADH, Feb 02 (AFP): Syria's interim president Ahmed al-Sharaa arrived in Saudi Arabia on Sunday for his first international visit since the toppling of Bashar al-Assad, state media reported.Accompanied by his foreign minister Asaad al-Shaibani, Sharaa was greeted by Saudi...
TEHRAN, Feb 02 (AFP): Iran revealed a new ballistic missile on Sunday that it said was capable of travelling 1,700 kilometres, unveiling it in a Tehran ceremony attended by President Masoud Pezeshkian.State television broadcast images of the missile, dubbed Etemad,...
POLTAVA, Feb 02 (AFP/AP): Russia fired dozens of missiles and drones at Ukraine overnight and early Saturday, killing 15 people, Kyiv said.Ukraine and Russia also traded blame for a strike on a boarding school sheltering civilians in the Ukrainian-occupied town...
JERUSALEM, Feb 02 (Reuters/AFP): Israeli Prime Minister Benjamin Netanyahu will start negotiations on the second phase of the Gaza ceasefire when he meets with US President Donald Trump's Middle East Envoy, Steve Witkoff, on Monday in Washington, Netanyahu's office said...
PORT SUDAN, Feb 02 (AFP): Artillery shelling and air strikes killed at least 56 people across greater Khartoum on Saturday, according to a medical source and activists, the latest bloodshed in Sudan's devastating war.Sudan's regular army and the paramilitary Rapid...
State-owned BASIC Bank Limited held the Managers' Conference-2025 on Sunday at BIAM Auditorium in the capital. Helal Ahmed Chowdhury, Chairman, Board of Directors of the bank, inaugurated the conference as the chief guest while Md. Quamruzzaman Khan, Managing Director and...
OUR CORRESPONDENT | 2025-02-03 00:00:00
CHATTOGRAM, Feb 02: GPH Ispat Limited, one of the country's leading manufacturers of world-class steel rebar, recently hosted its prestigious event, 'GPH Maharaj Darbar-2024,' to recognise and celebrate the achievements of its channel partners.During the event, channel partners were recognised...
Japanese Parliamentary Vice-Minister Ikuina Akiko has underscored the need for early conclusion of the Economic Partnership Agreement (EPA) between Bangladesh and Japan in order to boost trade and investment between the two countries.The issues were discussed when Japanese Parliamentary Vice-Minister...
NEW YORK, Feb 2 (Reuters): Investors are bracing for a looming hit to US corporate profits and pressure on inflation if President Donald Trump makes good on his tariff threats, with markets seen as not fully factoring in risks from...
Speakers at a webinar said on Sunday unsafe food and poor food habits are major contributors to the rising cases of hypertension and other non-communicable diseases in Bangladesh, reports UNB.The webinar, titled "Safe Food to Combat Hypertension Risk," was organised...
Mohkhali Branch of Social Islami Bank organised a 'Client Get-together' recently. Md. Nazmus Saadat, Managing Director (Acting) of the bank, was present as the chief guest. The programme was presided over by Md Firoz Ahmed, Manager of Mohakhali Branch. Md...
Sylhet Zone of Islami Bank Bangladesh PLC organised an agent banking business development conference and workshop on 'Prevention of Money Laundering & Terrorist Financing' on Sunday at a hotel in Sylhet city. Md. Saiful Islam Khan, Executive Director of the...
Janata Bank PLC has launched a deposit scheme titled 'Janata Bank deposit Pension Scheme (JBDPS). Managing Director Md. Golam Mortuza inaugurated the new scheme on Sunday. Under the scheme, customers can deposit amounts ranging from Tk 500 to Tk 25,000...
Mercantile Bank held its 'Town Hall Meeting' at Chittagong Club, Chattogram, on Saturday. The bank's Managing Director Mati Ul Hasan was present as chief guest at the meeting and delivered his speech highlighting non performing loan, future planning, deposits and...
To enhance digital payment services nationwide, United Commercial Bank (UCB) signed a strategic memorandum of understanding with payment gateway service provider, DGePay. The signing ceremony was held at the UCB corporate office on Tuesday. The collaboration will facilitate advanced payment...
Mutual Trust Bank (MTB) unveiled its new logo at 'MTB Annual Town Hall 2025', hosted with the theme 'Navigating Challenges, Building Trust'. The recent meeting at a venue in the capital brought together about 3,000 employees from across the country....
Shayema Akter, FCA, has recently joined Islamic Finance and Investment PLC (IFIPLC) as the company's first female Independent Director, says a statement.Shayema Akter has more than 20 years of professional exposure. She is a Senior Director of S.F. Ahmed &...
BRAC Bank has partnered with Bangladesh Parjatan Corporation (BPC) to introduce seamless payment solutions for local and international tourists.Under this collaboration, the corporation will accept payments through BRAC Bank's Point of Sale (POS) terminals and Bangla QR codes, allowing tourists...
A taskforce has suggested pursuing economic diplomacy to ensure enhanced access of Bangladeshi goods and services to international markets, reports BSS."To ensure that Bangladeshi goods, services, and skilled labour gain greater access to broader international markets, a proactive approach to...
FE REPORT | 2025-02-03 00:00:00
Advanced Chemical Industries (ACI) has decided to set up a new subsidiary --- ACI Herbal and Nutraceuticals -- to tap into the herbal medicine market amid growing demand.The new entity will have an authorised capital of Tk 1 billion and...
FE REPORT | 2025-02-03 00:00:00
Dhaka Electric Supply Company (DESCO) returned to profit in the second quarter of FY25 as its distribution revenue escalated 115 per cent year-on-year to Tk 2.23 billion during the period.DESCO earned Tk 261.68 million in October-December last year while it...
FE REPORT | 2025-02-03 00:00:00
United Power Generation & Distribution Company secured a 5 per cent year-on-year growth in profit to Tk 2.92 billion in the second quarter of FY25, driven by higher revenue amid bulk power tariff hike.The power generation company's consolidated earnings per...
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