Despite the challenging macroeconomic environment, Grameenphone secured a 10 per cent year-on-year growth in profit to Tk 36.4 billion in 2024, the highest in three years, supported by operating efficiency. The leading telecom operator declared a 170 per cent final cash dividend, buoyed by the profit growth, resulting in 330...
Read moreLoss-making Appollo Ispat Complex is very unlikely to make a turnaround in business. Its auditor raised a red flag after a review of the company's financial statement for FY22. "The production unit of the company is in No-Operation status currently," said the auditor in a qualified opinion published recently. Moreover,...
Read moreThree listed companies have been transferred to Z category for failure to disburse at least 80 per cent of the dividends declared within the stipulated time.Bangladesh Building Systems (BBS) has been relegated to Z category from B category, Beacon Pharmaceuticals to Z category from A category and Rahima Food to...
Read moreLaid-off and deprived employees of Grameenphone laid a siege to its head office in the capital on Tuesday, demanding the collection of a 5.0-per cent share of its profits and delay penalties. Under the banner of the "Laid-off and Deprived Grameenphone Workers Unity Council", they gathered in front of the...
Read moreMutual Trust Bank (MTB) Foundation distributed 'Livelihood Assets Grant' to a large number of households of the vulnerable fishing communities in two unions -- Bheola Manik Char and Kaiyarbill -- in Cox's Bazar's Chakaria. Female family members will take on income-generating activities with distributed materials, such as crab farming, duck...
Read morePrime Bank recently partnered with Edison Real Estate to provide exclusive benefits to its customers at the realtor's office in the capital. Prime Bank customers will enjoy special discounts when purchasing property from Edison's prestigious Hermia, Adriana, Iris and Orleans Project. Prime Bank Deputy Managing Director Md. Nazeem A. Choudhury...
Read moreBRAC Bank has partnered with WaterAid Bangladesh to support more than 10,000 individuals living in the coastal region of Satkhira to gain access to safe drinking water, improved sanitation, and better hygiene.This initiative is part of BRAC Bank's flagship CSR programme, Aporajeyo Water Entrepreneur (WE), which aims to mitigate and...
Read moreBENAPOLE, Feb 4 (UNB): Importers have suspended the import of fruit through Benapole land port for an indefinite period protesting government's decision to impose additional import duties.No fruit-carrying trucks have entered the port since Tuesday morning as per the importers' decision.The move came after the government raised the supplementary duty...
Read moreA three-day international tourism fair will begin at Pan Pacific Sonargaon Hotel in the capital tomorrow (Thursday), reports BSS.Over 50 organisations from nine countries -- the United Arab Emirates (UAE), Iran, the Maldives, Malaysia, Thailand, Nepal, Jordan, India, and hosts Bangladesh -- will showcase various travel and leisure services at...
Read moreSonali Bank PLC has launched a special 100-day programme beginning February 5, aiming to achieve major breakthroughs across all business indicators and meet the targets for 2025. MD & CEO Md. Shawkat Ali Khan inaugurated this initiative at the head office of the bank on Tuesday. The MD & CEO...
Read moreAdditional Secretary of the Financial Institutions Division Mohammad Ahsan Kabir has joined Janata Bank PLC as a new director. On behalf of the bank's Board of Directors, its Chairman Mohammad Fazlur Rahman greeted him with a bouquet on Tuesday. Directors and Managing Director (CC) Md Golam Mortuza were also present.
Read moreThe newly constituted Board of Directors of United Finance PLC held its 230th Board meeting recently. Newly elected Chairman Najmul Hasan, Directors Moinuddin Hasan Rashid, Mahenoor Sultana Rashid, Kutubuddin Akhter Rashid, Khondaker Zayed Ahsan, Kayes Khalil Khan and Ormaan Rafay Nizam, Independent Directors Mohammed Mahbubul Alam and Dr Mahfuzul Hoque...
Read moreClothing brand MICLO opened its 13th showroom at Bashundhara City in Dhaka on January 31. Popular singer-actor Tahsan Khan and actress Salha Khanam Nadia inaugurated the showroom. Inspired by Japanese lifestyle, MICLO aims to provide high-quality and desirable garments within customers' purchasing power.
Read moreDelta Hospital Limited observed the World Cancer Day with a special rally and discussion aimed at raising public awareness about cancer prevention. Prof Dr. Kazi Monzur Kader, Head of the Oncology Department, Adviser Prof Dr. Syed Mokarram Ali, Managing Director Nurul Huda, and Hospital Director Dr A K M Khairul...
Read moreBRUSSELS, Feb 4 (Reuters): Investors with 6.6 trillion euros in assets under management have urged the European Union not to weaken its sustainability rules, as Brussels draws up plans to cut red tape around green finance.The European Commission will publish a proposal this month to simplify reporting requirements under sustainability...
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