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Shipping ministry seeks 40pc fund cut for project delay

Failing to implement two schemes of a mega project in time, the shipping ministry has sought a 40 per cent reduction in its allocation in the upcoming revised development budget for FY25, officials said on Thursday.As the schemes could not make more headway in time, the ministry proposed cutting Tk...

BIA certifies 82 BRAC Bank officials in Bancassurance training

A total of 82 officials from BRAC Bank have been officially certified by the Bangladesh Insurance Academy (BIA) after completing the 'Bancassurance' training, says the bank in a statement.The officials in the 7th batch went through intensive training under the tutelage of expert trainers at the academy.The training programme equipped...

Standard Bank's 'Annual Risk Conference-2025'

Standard Bank's 'Annual Risk Conference-2025'The 'Annual Risk Conference'of Shari`ah-based Standard Bank PLC was held in the capital recently with Md. Siddiqur Rahman, Deputy Managing Director and Chief Risk Officer of the bank, in the chair. Md. Habibur Rahman, Managing Director & CEO, was present as the chief guest.

ACC to investigate ex-BGMEA chief Kutubuddin’s assets

FE REPORTThe Anti-Corruption Commission (ACC) has launched an inquiry into alleged illegal wealth accumulation and money laundering by Kutubuddin Ahmed, former president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and founder of Envoy Textiles Limited and Sheltech Group.The ACC decided to initiate the probe on Thursday, according to...

Executive Committee (EC) meeting of Shahjalal Islami Bank PLC

Executive Committee (EC) meeting of Shahjalal Islami Bank PLC The 889th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held on Wednesday at Corporate Head Office of the Bank with Akkas Uddin Mollah, chairman of Executive Committee (EC) of the bank, in the chair....

HC extends status quo until Jan 30

FE REPORTThe High Court has extended until January 30 the tenure of its earlier order that directed the authorities concerned to maintain status quo on all internal affairs of Nagad, a leading mobile financial service provider. The HC bench of Justice Farah Mahbub and Justice Debasish Roy Chowdhury passed the...