The chairman of the securities regulator came under fire at a press brief on Sunday over the appointment of independent directors to the prime bourse and allegations of "forced resignation" of a commissioner. Khondoker Rashed Maqsood, the chief of the regulatory body, also drew flak from journalists publicly for restricting...
Read moreThe CFA (Chartered Financial Analyst) Society Bangladesh demanded amendments to the IPO valuation method and promotion of institutional investments to improve the depth of the capital market.At a programme at the Economic Reporters' Forum (EFR) on Sunday, the association of financial experts said the capital market still was at its...
Read moreBritish-Irish Company Deltaport Limited will invest US$36 million to set up a garment manufacturing industry in the BEPZA Economic Zone (BEPZA EZ), reports BSS. In this connection, Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company at the BEPZA Complex in the city on Sunday.In presence of...
Read moreThe Institute of Chartered Secretaries of Bangladesh (ICSB) opened its Chattogram Branch and organised an orientation programme for the 1st Batch of Chartered Secretary (CS) Course in Chattogram on Saturday, says a press release.Md Delowar Hossain, Chairman of Chattogram Regional Chapter Sub-Committee of ICSB, moderated the programme. He praised the...
Read moreBangladesh Cargo Vessel Owners Association has unanimously elected Sayeed Ahmed as its president and Mehboob Kabir as general secretary, says a press release.Members of the Executive Committee elected them at a meeting of the organisation at its office at Kakrail in the capital recently.
Read morePrime Bank recently signed an agreement with Nippon Signal Bangladesh at the bank's corporate office. Under the agreement, Prime Bank will extend exclusive benefits to employees of Nippon Signal Bangladesh. The employees will be able to avail preferential banking service including credit card and loan facilities from the Prime Bank....
Read moreAl-Arafah Islami Bank (AIB) opened its 225th branch at Bheramara, Kushtia on Sunday. Managing Director and CEO Farman R. Chowdhury inaugurated the new branch as the chief guest. Senior Executive Vice President Md Habib Ullah and Professor of Bheramara Adarsha Degree College Maolana Nurul Amin were among the others who...
Read moreThe 80th meeting of the board of directors of Modhumoti Bank was held on Sunday. Humayun Kabir, the chairman of the board of directors, was present at the meeting. Nemai Kumar Saha, Mostafa Kamal, Tanjima Binthe Mostafa, Humayun Kabir Bablu, A Mannan Khan, Ferdousi Islam, Tanveer Ahmed Mostafa, Md. Mahbubur...
Read moreThe 30th Senior Management Team (SMT) meeting of Sonali Bank PLC was held at the bank's head office conference room on Sunday. SMT Chairman and CEO & Managing Director (Current Charge) of Sonali Bank Sanchia Binte Ali presided over the meeting. Chairman of Board of Directors Mohammad Muslim Chowdhury was...
Read moreMohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank PLC, inaugurated the 41st Sub-Branch of the bank named at Pahartali in Chattogram on Sunday. Deputy Managing Director Md. Rezaul Karim along with Mohammad Liton Pasa Khan, General Manager and Zonal Head (Chattogram Zone) of the bank, were also present.
Read moreEmployees of Eastern Insurance Company Limited donated their one-day salary and the company also contributed to the Chief Advisor's Relief and Welfare Fund for the flood-affected people. High officials of the company handed over a cheque to Faruk E Azam, Adviser to the Ministry of Disaster Management and Relief, recently.
Read moreMd Shakawath Hossain, Chief Executive Officer of Unique Hotel & Resorts PLC, has been honoured with the Tourism Face of South Asia Award at the prestigious 8th Edition of the South Asian Travel Awards (SATA) 2024. The award ceremony took place in Nepal on Friday, recognising leaders across the region...
Read moreJMI Group, one of the leading companies in the pharmaceutical and medical equipment manufacturing sector of the country, celebrated the 'World Peace Day-2024' on Saturday. Founder and Managing Director of JMI Group Md Abdur Razzaq inaugurated the peace rally by releasing balloons and white doves, symbols of peace, in front...
Read moreGlobal investors scooped up equity funds in the week to Sept. 18, anticipating the Federal Reserve's interest rate cut to initiate its long-awaited reduction cycle, reports Reuters.According to LSEG data, investors acquired a net $5.21 billion worth of equity funds during the week following $6.54 billion worth of net purchases...
Read moreMUMBAI, Sept 22 (Reuters): India's Vodafone Idea on Sunday concluded a $3.6 billion deal with mobile and network manufacturers Nokia, Ericsson and Samsung for supply of equipment over a period of three years, it said in a statement to exchanges."The deal marks the first step towards the roll-out of the...
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