Founder & CEO of EXPOPRO Md. Mamunur Rahman being greeted on his election as president of the Asian-African Chamber of Commerce & Industry (AACCI) - Bangladesh Chapter. A total of 27 countries are members of AACCI.
The 34th Annual General Meeting of Federal Insurance Co. Ltd. was held recently on digital platform. Mr. Enamul Hoq, Chairman of the company, presided over the meeting. The AGM approved 10 per cent cash dividend.
Bangladesh Finance received recognition from Bangladesh Bank as a sustainable financial institution. Md. Kyser Hamid, Managing Director and CEO of Bangladesh Finance, received the recognition from Fazle Kabir, the immediate past Governor of Bangladesh Bank recently.
Zafar Alam, Managing Director & CEO of Social Islami Bank Limited, received a certificate of the Sustainability Rating from Fazle Kabir, immediate past Governor of Bangladesh Bank, in the sustainability rating recognition ceremony held at the central bank's head office...
Bangladesh Infrastructure Finance Fund Limited (BIFFL) has been ranked among the top 5 sustainable Non-Bank Financial Institutions of the country. Fazle Kabir, immediate past Governor of Bangladesh Bank, handed over the crest and certificate to S.M. Anisuzzaman, CEO of BIFFL.
Bangladesh Bank has recognized The Premier Bank Limited as one of the best sustainable banks in Bangladesh. Fazle Kabir, immediate past Governor of Bangladesh Bank, handed over the certificate of recognition to Sayed Abul Hashem, FCA, FCMA, DMD and CFO...
Southeast Bank Limited and Delivery Tiger Limited signed an agreement recently. M. Kamal Hossain, Managing Director of Southeast Bank, and A.K.M. Fahim Mashroor, Managing Director of Delivery Tiger, exchanged the documents of the agreement on behalf of their respective sides....
Disbursement of dividend AIBL1STIMF: The asset manager of the fund informed that it has disbursed cash dividend for the year ended March 31, 2022 to the respective unit holders.MBL1STMF: The asset manager of the fund has informed that it has...
The 9th annual general meeting of Union Bank Ltd was held on digital platform on Monday. Ahsanul Alam, chairman of the bank, presided over the AGM which approved 10 per cent dividend for the shareholders, said a statement. ABM Mokammel...
Standard Chartered Bangladesh has recently completed the transmission of the country's first ever fully paperless and digital cross-border Letter of Credit (LC), said a press release. The first client to complete a fully paperless application for Letter of Credit issuance...
FE REPORT | 2022-07-06 00:00:00
Saeda Khanam, Additional Director at the Department of Communi-cations and Publications of Bangladesh Bank, has been promoted to Director (ex cadre-publications). A central bank statement said the promotion was made on Sunday. Saeda Khanam joined the central bank as an...
NAZIMUDDIN SHYAMOL | 2022-07-06 00:00:00
CHATTOGRAM, July 05: The country's first-ever university campus-based IT business incubator will kick off its journey on Wednesday. Prime Minister Sheikh Hasina will virtually inaugurate the Chittagong University of Engineering and Technology (CUET)'s Sheikh Kamal IT Business Incubator in the...
FE REPORT | 2022-07-06 00:00:00
ADN Telecom, a listed IT company, is going to acquire 60 per cent stake of non-listed SOS Developments.ADN will invest Tk 20 million to acquire the company. The telecommunication service provider has informed that the board of directors has approved...
FE REPORT | 2022-07-06 00:00:00
The affected investors whose funds were embezzled by three brokerage firms -- Banco Securities, Crest Securities and Tamha Securities-started to get back their money.The Dhaka Stock Exchange (DSE) has refunded Tk 47.60 million to 432 affected investors until June 29...
FE REPORT | 2022-07-06 00:00:00
Stocks returned to the gaining streak on Tuesday, snapping a two-day losing streak on bargain hunting, as pre-Eid sale pressure eased to some extent.Only two trading days are left before Eid holidays as the market will remain closed from Friday...
Puro Pastry & Bakery opened its 14th outlet at Mirpur Section-6, Block-B, Avenue-6, on Tuesday. CEO of Puro Foods Ltd Syeda Dowlah was present as the chief guest at the inaugural Ceremony.
Sanath Manatunge, MD & Group CEO, and Isuru Tillakawardana, DGM-HR of Commercial Bank of Ceylon PLC, and Najith Meewanage, CEO of Bangladesh Operations, launched the 'CBC Digital' -- the bank's omni-channel online banking platform operable in web and mobile application...
ONE Bank Limited signed an agreement with Yashoda Hospitals based in Hyderabad, India. Keshav Gupta, Sr. Vice President, Growth and Investments of Yashoda Hospitals, and Md Kamruzzaman, Head of Retail Banking of ONE Bank, signed the agreement recently. Under this...
Mohammed Mahtabur Rahman (Nasir), Chairman of NRB Bank Limited, Chairman & Managing Director of Al Haramain Perfumes Group of Companies, and Founder President of Bangladesh Business Council Dubai, has been awarded the 'International Peace Award 2022' by the HMC United...
Shahjalal Islami Bank's Training Academy organised an awareness and training session on 'Automated FC Clearing through RTGS System' recently. Deputy Managing Director & Chief Operating Officer of the bank M Akhter Hossain was present as the chief guest while Principal...
KUALA LUMPUR, July 5 (Reuters): Malaysia's palm oil inventories at end-June likely climbed to their highest levels in seven months, as exports plunged following top producer Indonesia's return to the export market, a Reuters survey showed on Tuesday.Stockpiles in the...
BRUSSELS/WINDHOEK, July 5 (Reuters): The European Union is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce...
Mobile financial service provider upay offers a 10 per cent cash reward for its customers on upay payment at selected super shops and electronics brands' stores on the occasion of Eid-ul-Azha, says a press release.The offer started on July 01...
Rana Masud, founder and CEO of Innovative Engineering and Development, has won the Global Youth Leadership Award. He has received the award in 'Young Entrepreneurship' category, says a press release. The 'Global Youth Leadership Award-2022' ceremony was held at the...
Bangladesh Export Processing Zones Authority (BEPZA) has paid the arrears of the workers of A-One (BD) Limited, a closed factory of Dhaka EPZ (DEPZ).The dues payment activities started in a programme on Monday organised by DEPZ where Tk 181 million...
FE REPORT | 2022-07-06 00:00:00
The Bangladesh Bank (BB) on Tuesday set the limits of daily and monthly transactions from mobile financial services (MFS) accounts to bank accounts - to remove confusion among customers.The MFS account holders, from now on, can make transactions of up...
A Bangladesh Investment Roadshow was held in Istanbul, Turkiye, recently to attract more Turkish investments into the country. Bangladesh Investment Development Authority (BIDA), Bangladesh Embassy in Turkiye and Bangladesh Consulate in Istanbul jointly organised the Investment Roadshow, says a press...
Banks have been instructed not to offer any credit facility for the import of luxury goods, including fruit, cars and electronics, in a bid to ease pressure on foreign currency reserves as Bangladesh's trade deficit widened to a record high,...
European wheat prices jumped on Monday, supported by renewed demand and bargain buying in the absence of US markets and with traders unimpressed by Russia's decision to cut its grain export tax to make its wheat more competitive on world...
LONDON, July 5 (Reuters): Oil prices dropped $6 on Tuesday as concerns about a possible global recession curtailing demand outweighed supply disruption fears, highlighted by an expected production cut in Norway.Brent crude was down $6.65, or 5.9 per cent, at...
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