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Quality infrastructure, skilled HR a must

Quality infrastructure and skilled manpower must be ensured for making the green bond popular to facilitate proper implementation of climate and environment-friendly projects.Experts on Wednesday at a seminar titled 'Introducing Green Bond in Bangladesh' opined this.They also laid importance on launching green bond for sustainable development.Bangladesh Academy for Securities Markets...

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Investors eye sector-specific stocks

The Dhaka bourse closed the Wednesday's session with a moderate loss in broad index following selling pressure observed in major sectors.The market opened the day's session with a positive note but after a while the broad index started to decline and continued the trend till mid session.Later, the DSE broad...

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Chinese co to study feasibility of two township projects

Rajdhani Unnayan Kartripakkha (Rajuk) has assigned a Chinese corporation to conduct a feasibility and environmental study on two proposed township projects around Dhaka city.To this effect, the capital development authorities signed a memorandum of understanding (MoU) with the China Road and Bridge Corporation (CRBC) on Wednesday.The two projects are 'Conservation...

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Thrust on cluster shrimp farming

Cluster-based farming could raise shrimp production many times over if cluster sustainability and project longevity can be ensured, experts observed at a workshop on Wednesday.At the same time, selecting right farmers for cluster farming is also an important part of the method, they said.The consultation workshop titled 'Clustering and empowering...

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Mohammed Shawkat Jamil,

Mohammed Shawkat Jamil, Managing Director of United Commercial Bank Limited (UCB), handing over the advance income tax cheque to Md. Mosharraf Hossain Bhuiyan, NDC; Chairman of National Board of Revenue (NBR), on Wednesday at Income Tax Fair, Dhaka Officers Club. UCB has been recognised and honoured by NBR as one...

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Al-Arafah recognises employees

Al-Arafah Islami Bank Limited has awarded 5 employees for complying with National Intergrity Strategy for 2018, said a statement. Chairman of the Bank Alhajj Abdus Samad Labu was present as Chief Guest on Tuesday and handed over recognition certificates and reward to the winners. Md. Amir Uddin, PPM Director of...

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New agent banking outlet of BRAC Bank

BRAC Bank Limited, has launched its Agent Banking Outlet in Meherpur, said a statement. With this 212th Agent Banking Outlet, the bank's Agent Banking Network now covers 56 districts of the country. The pioneer of SME Banking for the grassroots entrepreneurs in Bangladesh, BRAC Bank had launched its Agent Banking...

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News Briefs (21-11-2019)

Adjustment for open adjusted priceGolden Harvest Agro Ind Ltd: The company's 7 per cent cash and 5 per cent stock dividend declared on 24.10.19 with record date on 18.11.19 applies to existing shares excluding upcoming shares to be issued for right issue. Therefore, adjusted opening price has been automatically calculated...

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Mercantile Bank organised a training course titled "Prevention of Money Laundering and Combating Financing against Terrorism"

Mercantile Bank recently organised a training course titled "Prevention of Money Laundering and Combating Financing against Terrorism" in Chattogram. Zonal Heads of Cumilla, Noakhali & Chattogram along with Head of branches and Manager Operations from 42 branches of Cumilla, Noakhali and Chattogram region participated the training. A.K.M. Mohiuddin Azad (middle),...

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Craftsman Footwear & Accessories

Craftsman Footwear & Accessories Ltd will raise fund through Qualified Investor Offer (QIO) under fixed- price method. In this regard, an agreement for Issue Management & Corporate Advisory was signed between Craftsman Footwear & Accessories Ltd. and Roots Investment Ltd. on Wednesday to appoint Roots Investment Limited as Issue Manager...

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Southeast Bank awarded as country's 7th highest Income Tax Payer

Southeast Bank Limited has been awarded as the country's 7th highest Income Tax Payer in the banking category for the assessment year 2018-2019. A H M Mustafa Kamal FCA, MP and Finance Minister, Government of the People's Republic of Bangladesh handed over the crest and tax card to Md. Habibur...

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Mastercard awarded top-performing partner banks in Bangladesh

Mastercard awarded top-performing partner banks in Bangladesh at the 'Mastercard Payments Summit 2019' held at a city hotel on Tuesday, with Md. Ashadul Islam (7th from left), Senior Secretary, Financial Institutions Division, as the chief guest. The photo shows the award recipients posing with the awards

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