The Premier Bank Limited has relocated Satarkul and Keraniganj SME branches. Mohammed Emtiaz Uddin, SEVP and Head of SME & Agriculture Division, inaugurated the relocated SME branch at Holding No. 238, 1st floor, Abdullabagh Mor, Satarkul Road, Badda, Dhaka. Mohd...
IFIC Bank Ltd, in association with the Bangladesh Financial Intelligence Unit (BFIU) recently organised a virtual training on prevention of "Trade-Based Money Laundering and Credit Backed Money Laundering". Syed Mansur Mustafa, Deputy Managing Director & Head of International Division and...
The 31st board meeting of Community Bank Bangladesh Limited was held at the Police Headquarters in Dhaka on Tuesday. The meeting was chaired by Dr. Benazir Ahmed BPM (Bar), Inspector General of Police, Bangladesh and Chairman, Community Bank Bangladesh Limited....
Disbursement of dividendThe Premier Bank Limited: The bonus shares of the company for the year ended on 31 December 2021 have already been credited through CDBL to the respective shareholders' BO A/Cs and it has also disbursed the cash dividend...
The 23rd Annual General Meeting of First Security Islami Bank Limited was held on Wednesday on digital platform. The meeting was presided over by Mr. Mohammed Abdul Maleque, Vice Chairman, Board of Directors of First Security Islami Bank Limited. Among...
Mercantile Bank Limited signed a Memorandum of Understanding (MoU) with Chemist Laboratories Limited for Salary Accounts and Cash Management Services on Tuesday. The MoU was signed by Adil Raihan, Deputy Managing Director and CSBO of the Bank, and Md. Lutfar...
The 21st Annual General Meeting of Jamuna Bank Limited was held at RAOWA Convention Hall, Mohakhali, Dhaka on Tuesday. Al-Haj Nur Mohammed, Chairman of the Board of Directors of Jamuna Bank and Chairman of Jamuna Bank Foundation, presided over the...
Md. Abul Hossain, Managing Director, Investment Corporation of Bangladesh (ICB), greeted Abdur Rouf Talukder, Senior Secretary, Department of Finance Division of Ministry of Finance, on his appointment as the Governor of Bangladesh Bank.
The Senior Management Team of AB Bank, the first private sector bank of the country, recently visited its Mymensingh Branch to oversee the Customer Support and Remittance Service of the branch which was relocated recently
Guardian Life has declared an attractive bonus of Tk 60 per 1000 Taka for its participatory policyholders for the year 2021, says the company in a statement. Guardian believes that consistency is the main basis of success, hence they have...
The mobile financial service provider 'upay' has signed an agreement with BURO Bangladesh, helping the 'not for profit' non-government organisation to collect loan instalments from their customers through 'upay', says a press release of UCB Fintech Company Ltd (upay).Besides, the...
FE Report | 2022-06-16 00:00:00
The country's private jute millers sought reduction of advance source tax on export earnings in the proposed budget. Currently, exporters pay 0.5 per cent advance source tax on their export earnings. However, the government has proposed for 1.0 per cent...
Green Delta Capital Limited (GDCL) has recently signed an issue management agreement with Thai Foils & Polymer Industries Limited, a concern of Al-Mostafa Group. Under this agreement, Green Delta Capital Limited has become the mandated Issue Manager for the upcoming...
FE REPORT | 2022-06-16 00:00:00
Stocks ended marginally higher on Wednesday, snapping a four-day losing streak, as bargain hunters showed their buying interest on lucrative issues after recent price erosion.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 13.12 points or...
FE REPORT | 2022-06-16 00:00:00
The stock market regulator has allowed Global Islami Bank to raise Tk 4.25 billion from the capital market, which will be the second largest initial public offering (IPO) in the banking sector.The approval came on Wednesday at a meeting held...
FE Report | 2022-06-16 00:00:00
The state minister for planning Dr. Shamsul Alam has supported merchant bankers' demand of whitening undisclosed money in the capital market.The state minister echoed the merchant bankers' demand on Wednesday at a post-budget press conference jointly held by Bangladesh Merchant...
FE REPORT | 2022-06-16 00:00:00
Participants at a workshop have sought a conducive atmosphere for better merger and acquisition (M&A) transactions of corporates. The stakeholders have also underscored the need for a greater and trustworthy role of the country's M&A intermediaries, to help improve practices...
SYDNEY, June 15 (AFP): Australia raised the minimum wage by over five per cent on Thursday, a slower-than-inflation increase as prices for basic goods soar.The Fair Work Commi-ssion set the new minimum rate at Aus$21.38 an hour, a 5.2 per...
LONDON, June 15 (Reuters): Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.The world's largest cryptocurrency fell as much...
Central Committee of Swadhinata Bankers Parishad announced its Sonali Bank unit committee on Tuesday. Alauddin Tushar was named president and Mozammel Haque Lenin retained general secretary for the next two years, said a press release. Swadhinata Bankers Parishad Central Committee...
NEW YORK, June 15 (Reuters): The average interest rate on the most popular US home loan climbed to its highest level since the 2008 financial crisis and purchase applications were down more than 15 per cent from last year, Mortgage...
STOCKHOLM, June 15 (Reuters): IKEA said on Wednesday it would sell factories, close offices and reduce its nearly 15,000-strong workforce in Russia, the latest move by the world's biggest furniture brand to cut its operations there following Moscow's invasion of...
Randy Ali, Deputy Mission Director of USAID, recently visited the GLOBALG.A.P. recognised vegetable farms in Jashore. Sabbir Hasan Nasir, Executive Director of ACI Logistics (Shwapno), was also present at the event along with Business Director Sohel Tanvir Khan, and the...
FE REPORT | 2022-06-16 00:00:00
Brazil expressed a great interest on Wednesday to expand bilateral cooperation with Bangladesh in agriculture sector for mutual benefits of the two countries.The Brazilian authorities' interest came when its Charge d affaires in Bangladesh Sabime Nadja Popoff called on Textiles...
Sumaiya Tasnim Adiba | 2022-06-16 00:00:00
The goal of the IUT Career and Business Society (IUT CBS) has always been to create a firm platform for IUTians where they can evolve their individual entities with every concurring skill necessary to stand out from the crowd. Refining...
Samayla Mahjabin Koishy and Mehejabin Sultana Zaman Anika | 2022-06-16 00:00:00
Founded under the School of Business and Economics of North South University 27 years ago, North South Young Entrepreneurs Society (NSU YES!), rose to the top with its valiant efforts and ideas. This student-run organisation has devoted itself to spreading...
Anadil Maish | 2022-06-16 00:00:00
For many people, the opportunity to study abroad is a lifelong dream. For others, it happens more incidentally than they may have anticipated. Regardless of the events that lead up to it, people have their own unique experiences and anecdotes...
Fabiha Maimuna | 2022-06-16 00:00:00
Although she studied science till HSC, Maisha (pseudonym) always knew that she wanted to be a corporate leader, and her knack for managing people and situations made her aspire to apply for the best business school in the country, IBA,...
BELLINZONA, Switzerland, June 15 (AP): Prosecutors in the fraud trial of former FIFA president Sepp Blatter and vice president Michel Platini asked Wednesday for both men to get 20-month suspended prison sentences.Blatter and Platini, a former France national team captain...
WOLVERHAMPTON, England, June 15 (AP): England suffered its worst home defeat since 1928 with a 4-0 loss to Hungary in the Nations League on Tuesday.Less than a year after reaching the European Championship final on home soil to raucous celebrations,...
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