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Search date: 20-02-2025 Return to current date: Click here

Making money out of threats to shame cos in AGMs

A group of thugs impersonating investors blackmail listed companies into paying them money. They are known as "AGM parties" among stakeholders of the secondary market for they create undue nuisance, if money is not paid, in annual general meetings held by listed companies for shareholders' approval of their yearly recommendations....

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Stocks down as political tension intensifies

Although macroeconomic adversities cooled down a bit, the stock market fell for the second day on Wednesday as political tension delivered a blow to investors' confidence.A segment of investors adopted a wait-and-see approach while profit-booking sale pressure of risk-averse investors drove the index down, market analysts say."The market succumbed to...

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Bangladesh shipyards brace for recycling boom

On the southwest coast of Bangladesh, workers armed with gas torches, laser cutters and winches break apart the carcasses of the giant, old ships that are grounded on their sandy beach, reports bdnews24.com.Thirty ship-breaking yards and thousands of scrap workshops are dotted along 15 km of the coastline of Sitakunda,...

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Walton rolls out 'Digital Campaign Season-22'

Walton, the country's super brand and leading electronics brand, has launched its 'Digital Campaign Season-22' ahead of the upcoming Eid festivals. The campaign offers customers the chance to win a grand prize of Tk 1.0 million with the purchase of Walton brand fridges, air conditioners, washing machines, or BLDC fans...

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ICMAB signs MoUs with Grow N Excel & Renao

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) hosted the 'ICMAB HR Meet' at a hotel in Dhaka recently, says a statement. Over 150 HR leaders gathered at the meet to discuss the collaboration between Human Resources and Cost & Management Accountants (CMAs).At the event, two MoUs were...

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Ctg Port launches online gate pass

CHATTOGRAM, Feb 19: Chittagong Port Authority (CPA) has launched an online gate pass system to streamline the transport of import and export goods. CPA Chairman Rear Admiral SM Moniruzzaman officially inaugurated the system on Tuesday as the chief guest. The new system will reduce both time and traffic congestion at...

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Qatar to invest $10b in India

NEW DELHI, Feb 19 (Reuters): Qatar has committed to investing $10 billion in India across various sectors, the two nations said in a joint statement on Tuesday, after Qatar's Emir Sheikh Tamim bin Hamad Al-Thani visited New Delhi.Indian Prime Minister Narendra Modi said he had a "very productive meeting" with...

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HSBC targets $1.5b in annual cost savings after revamp

HONG KONG, Feb 19 (AFP): Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026."Our cost target includes the impact of simplification-related saves associated with our announced...

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AL-ARAFAH ISLAMI BANK HOLDS 416TH BOARD MEETING

The 416th Board meeting of Al-Arafah Islami Bank PLC was held on Wednesday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. Directors of the bank Md Shahin Ul Islam, Md Abdul Wadud, Mohammad Asraful Hassan, Managing Director and CEO Farman R Chowdhury, Additional Managing Director Mohd....

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Rupali Bank holds business review meeting--

Rupali Bank PLC held a Business Review Conference 2025 with the participation of branch managers under its Rajshahi Divisional Office at Nanking Darbar Hall in Rajshahi on Wednesday. Managing Director of the bank Kazi Md Wahidul Islam was present as the chief guest at the conference while Deputy Managing Director...

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Agrani Bank holds meeting on loan recovery, business progress

Agrani Bank PLC held a review meeting on loan recovery and business progress of the 12 corporate branches in Dhaka at the bank’s head office in the city on Wednesday. Chief Executive Officer of the bank Md Anwarul Islam was present as the chief guest at the meeting while Deputy...

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PBI-bKash workshops on prevention of MFS abuse

In a bid to enhance the security of the Mobile Financial Service (MFS) sector and prevent its misuse in criminal activities, the Police Bureau of Investigation (PBI) and bKash have jointly conducted a series of training workshops nationwide. A total of 450 Investigation Officers from 42 PBI district offices participated...

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