Global Islami Bank board meets with managersA discussion between the newly-formed Board of Directors and branch managers and sub-branch in-charges was held on Thursday. Chaired by new Chairman of the Board Mohammad Nurul Amin. Other members of the Board, namely...
EBL opens its 39th sub-branch at Mandari, LakshmipurM. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank inaugurates the 39th sub-branch of the bank at Mandari Union of Lakshmipur District on Wednesday. Mesbah Uddin...
Switzerland has pledged to fully cooperate in repatriating illegal money deposited by Bangladeshi nationals in Swiss banks, in accordance with international standards and procedures, reports BSS.The commitment was made during a meeting between Swiss Ambassador in Dhaka Reto Siegfried Renggli,...
PRAN-RFL Group, the country's leading business conglomerate, has signed a Memorandum of Understanding (MoU) with LafargeHolcim Bangladesh Limited (LHBL) to foster a sustainable future through efficient and sustainable waste management of non-reusable materials. Uzma Chowdhury, Corporate Finance Director at PRAN-RFL...
GENEVA, (Switzerland), Sept 12 (BSS) : Director-General (DG) of the World Trade Organisation (WTO) Ngozi Okonjo-Iweala said Bangladesh is a country which has decentralised lots of supply chains as they have created an environment by building tech parks."New opportunities for...
Adviser of the interim government Muhammad Fouzul Kabir Khan said on Thursday the government on embarked reforming the power, energy, road, bridges and railway sectors to fulfill the expectation of the people. "Different agencies or companies linked with the ministries...
Chief Adviser Dr. Muhammad Yunus in a photo session with business leaders and others after the National Business Dialogue held at a city hotel on Thursday. — PID Photo
Islami Bank Bangladesh PLC, which is suffering from a liquidity crisis, has sought Tk 11 billion in loans from state-owned Sonali Bank, reports bdnews24.com.The Sharia-based bank will get the money if Bangladesh Bank approves the loan as a guarantor.Sonali Bank's...
NEW DELHI, Sept 12 (Reuters): India's top electric vehicle maker, Tata Motors, is luring consumers with free charging and steep discounts, while rival MG Motor has launched its first battery rental plan, in strategies aimed at propping up sales of...
NEW YORK, Sept 12 (Reuters): Microsoft said it is cutting 650 jobs in its Xbox unit, the third such layoff this year as the company tries to rein in costs and integrate its $69 billion acquisition of Activision Blizzard, Bloomberg...
BKB’s staffers beside flood-affected peopleNewly-formed Jatiotabadi officers and employees Forum of Bangladesh Krishi Bank (BKB) opened the aid activities to support the flood-affected people. BKB Managing Director Md Shawkat Ali Khan inaugurated the programme at the corner of the bank's...
SRIPERUMBUDUR, Sept 12 (Reuters): The labour minister of India's southern state of Tamil Nadu is set to hold talks on Thursday with officials of Samsung Electronics, in a bid to resolve a strike that has disrupted its consumer electronics plant...
Pragati Life Ins STARTS construction work of new head office in GulshanPragati Life Insurance Limited recently held a ceremony to mark the commencement of construction of its new head office at Gulshan in the city. Chairman of the company Abdul...
Standard Bank holds 145th Meeting of the Executive CommitteeThe 145th meeting of the Executive Committee of the board of directors of Standard Bank PLC was held at its head office in the city on Thursday under the chairmanship of Md...
ICB holds 56th fund related meetingThe 56th fund related meeting of the board of directors of Investment Corporation of Bangladesh (ICB) was held on Thursday. The meeting has approved dividend at the rate of Tk 35.00 per ICB Unit (face...
Chinese company Tianhui Button (BD) Company Limited will establish a garment accessories manufacturing industry in Cumilla Export Processing Zone (Cumilla EPZ), reports BSS.They will invest US$ 4 million to produce annually 700 million pcs of different kind of buttons like...
SEOUL, Sept 12 (Reuters): South Korea's market watchdog stressed on Thursday the role of the public pension fund to ensure the success of ongoing capital market reforms, as the fund which has been aggressively raising overseas investments pledged to look...
NEW YORK, Sept 12 (Reuters): Investors scrambled to shift their positioning on Wednesday following a closely-watched debate between Republican Donald Trump and Democratic Vice President Kamala Harris, as betting markets swung in Harris' favor after the event.Shares of Trump Media...
A tight US presidential election race has unnerved investors in emerging markets, who fear a return of former President Donald Trump to the White House could hurt emerging markets just as they were poised to shine, reports Reuters.The prospect of...
UCB WINS JOINT BRONZE AWARD AT 24TH ICAB NATIONAL AWARDUnited Commercial Bank won the "Joint Bronze Award" under the "Private Sector Banks" category in the 24th ICAB National Award for "Best Presented Annual Reports 2023". Syed Faridul Islam, acting managing...
MERCANTILE BANK ACHIEVES '24TH ICAB NATIONAL AWARDMercantile Bank has achieved two "Certificate of Merit" awards under the "Private Sector Banks" and "Corporate Governance Disclosures" categories in the prestigious 24th ICAB National Award. Dr. Salehuddin Ahmed, the finance and commerce adviser...
BANK ASIA BECOMES THE "OVERALL WINNER" OF 24TH ICAB NATIONAL AWARD Bank Asia received the prestigious "Overall Winner" of 24th ICAB National Award by winning 1st Position in all the three categories: "Private Sector Banks", "Corporate Governance Disclosures", and "Integrated...
FE REPORT | 2024-09-13 00:00:00
The stock of National Tea Company has been flying high on the Dhaka Stock Exchange (DSE) without any reason for investors to be inclined to bet on its shares.The Sylhet-based tea producer is suffering losses for more than four years...
Mohammad Mufazzal | 2024-09-13 00:00:00
An eerie sense of unease hangs at the Bangladesh Securities and Exchange Commission (BSEC), with its staffers divided into groups fighting with each other and seeking protection from the wrath of the changing political landscape. Regular operations are hampered as...
Fatema Zohra Haque | 2024-09-13 00:00:00
Book REVIEW Welcome to “Dhaka Dynamics: Lensing through Journalism” by Avik Sanwar Rahman, a profound exploration of Bangladesh’s socio-economic landscape from 2003 to 2005.In this meticulously crafted anthology, Avik, a distinguished journalist whose insightful contributions have graced the pages of...
The identification of micro, small, and medium-sized enterprises (MSMEs) in Bangladesh, as in many other countries, is primarily based on criteria such as the number of employees, turnover, and assets. However, MSMEs encompass diverse business models and performance levels, which...
Mobile phones have now become essential to everyday life. Men, women, and even children use mobile phones requiring them to spend money. Some people manage these expenses from their limited incomes. Currently, the call rate for every operator exceeds Tk...
Shiabur Rahman | 2024-09-13 00:00:00
At a most critical time of the nation's history, the interim government, led by Nobel laureate Dr Muhammad Yunus, has taken over the de facto cabinet left vacant by the deposed Awami League government. It has got the onerous job...
Nilratan Halder | 2024-09-13 00:00:00
In his second address to the nation, Chief Adviser Dr Muhammad Yunus has made the most important announcement of forming six reform commissions assigning those with the task of recommending amendments to provisions in their respective areas. The purpose is...
Since the interim government assumed office, the first foreign delegation set to visit Bangladesh -- a high-profile one at that -- will be a US inter-agency team on September 14-15. According to media reports that cited top sources in Washington,...
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