State-run Bangladesh Shipping Corporation (BSC) encountered a sudden selling pressure on the bourses after two back-to-back fire incidents had destroyed two ships in its fleet. The vessels were bringing in 20 per cent of the revenue by transporting crude oil from mother vessels to the Eastern Refinery. But they were...
Read moreBoth the stock exchanges have downgraded Runner Automobiles to 'Z' category from 'A' category for the company's failure to pay off cash dividends approved for FY22 within the stipulated time.Dhaka and Chittagong stock exchanges on Wednesday confirmed this through separate filings on their websites.Runner Automobiles recommended 10 per cent cash...
Read morePubali Bank was recognised as the "Best Financial Institution 2023" at the 22nd DHL-The Daily Star Bangladesh Business Awards. Mohammad Ali, managing director and CEO of Pubali Bank, received the crest from Salehuddin Ahmed, finance and commerce advisor, at a function organised at the Radisson Blu Dhaka Water Garden in...
Read moreThe Department of Agricultural Marketing (DAM) and USAID's Feed the Future Bangladesh Policy LINK Agricultural Policy Activity signed a Memorandum of Understanding (MoU) on Wednesday to strengthen agricultural marketing in Bangladesh. This collaboration focuses on developing a Plan of Action (PoA) for the National Agricultural Marketing Policy 2023, which aims...
Read moreShahira Sarwat, a student in the Department of Architecture at the American International University-Bangladesh (AIUB), has received a Commendation at the Commonwealth Association of Architects (CAA) Awards 2024 in the 'CAA Presidents' Awards' category. This category recognises exceptional work by final-year architecture students, says a statement. Shahira's thesis project, titled...
Read moreEntertainment Industry giant Concord Entertainment Co. Ltd. and leading airlines service provider US-Bangla Airlines entered into a strategic cooperation agreement recently, to further enhance tourists' experience in the parks and properties, says a statement.Under the agreement, Concord Entertainment will provide a range of discount facilities and also arrange special promotional...
Read moreElectronics brand Walton has launched "Digital Campaign Season-21" across the with "Double Million" offer, reports UNB.In Season-21, customers may get Tk 2.0 million on the purchase of Walton brand fridge, television, washing machine or BLDC fan from any Walton Plaza, distributor outlet or online sales platform 'E-plaza' across the country....
Read moreA memorandum of understanding was signed between Bangladesh Standards and Testing Institution (BSTI) and US-based international organisation CLASP on Tuesday. The MoU was signed to develop standards for environmentally friendly and energy-efficient and long-lasting LED lights and to provide advanced testing equipment. SM Ferdous Alam, Director General (Grade-1) of BSTI,...
Read moreIFIC Bank celebrated its 48th anniversary on Tuesday with a grand celebration held at the Multipurpose Hall of IFIC Tower in Puran Paltan, Dhaka. The event was attended by Managing Director Syed Mansur Mustafa, along with deputy managing directors and senior officials. The event also conducted prayers for the overall...
Read moreModhumoti Bank recently achieved a significant milestone by successfully obtaining ISO 27001: 2022 certification, a globally recognised standard for Information Security Management System (ISMS). By obtaining this certificate, the bank's information security management risen to a new height. To mark this achievement, a special ceremony was held at the Bank's...
Read moreCHENNAI, Oct 9 (Reuters): A group of more than 1,000 striking workers at the Samsung Electronics factory in southern India has rejected a settlement offer made by the company on wage hikes, with the sit-in protest entering its second month on Wednesday.The strike is the biggest such labour dispute in...
Read moreThe 399th Board Meeting of Shari'ah based Standard Bank PLC was held at the Boardroom at the bank's Head Office in Dhaka on Wednesday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder Chairman Kazi Akram Uddin Ahmed, Director & Founder Vice Chairman...
Read moreSocial Islami Bank held its 519th Board meeting at the bank's head office on Wednesday. Chairman of the bank Dr. M. Sadiqul Islam, presided over the meeting. Directors Major (Retd.) Dr. Md. Rezaul Haque, Maksuda Begum, Md. Morshed Alam Khondoker, and Md. Anwar Hossain, were present at the meeting. Managing...
Read moreRupali Bank PLC held its Business Review Meeting on Wednesday. Managing Director (Acting) Parsuma Alam was present as the chief guest at the meeting held at the conference room of the bank's Dhaka North Divisional Office. Deputy Managing Director Hasan Tanvir and General Manager Md Noman Miah were present as...
Read moreThe 'Annual Risk Management Conference-2024' of Uttara Bank PLC was held at a hotel in Dhaka recently. Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank, was present as the chief guest. The conference was presided over by Deputy Managing Director & Chief Risk Officer (CRO) Md. Ashraf-uz-Zaman. Deputy...
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