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Search date: 07-08-2025 Return to current date: Click here

Better prices to encourage rawhide preservation

Commerce Adviser Sheikh Bashir Uddin on Wednesday expressed the hope that the favourable rawhide prices seen this year would encourage more people to preserve hides during next year's Eid-ul-Azha.He observed that those who preserved larger volumes of rawhide during the last Eid-ul-Azha received better prices compared to those who did...

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Amfori unveils new plan to reduce supply chain audit repetition

Amfori, a global risk management facilitator, on Wednesday presented its new action plan aimed at reducing the repetition of audits in the supply chain and the resulting financial burden. John Stellansson, Amfori's head of business development and network, disclosed the new plan when he met with the acting president of...

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Insured catastrophe losses hit $80b globally in H1

Global insured losses from natural catastrophes reached $80 billion in the first half of 2025, preliminary estimates from Swiss Re Institute showed on Wednesday, driven by wildfires in California and severe thunderstorms in the United States, reports Reuters.The estimate nearly doubles the 10-year average and underscores how the insurance industry...

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EBL rolls out two new credit cards with Mastercard, and Pickaboo

Eastern Bank (EBL), in partnership with Mastercard and popular e-commerce platform Pickaboo, launched an exciting new range of co-branded credit cards at a ceremony held at EBL head office in Dhaka on Wednesday. The EBL Pickaboo Mastercard Titanium Credit Card and the EBL Pickaboo Mastercard -- World Credit Card- both...

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NRB Bank celebrates 12th Anniversary

NRB Bank PLC celebrated its 12th anniversary with the slogan, 'Accelerating Growth Through Digital Innovation', on Wednesday. On the occasion, Iqbal Ahmed OBE DBA, Chairman of NRB Bank, along with Tarek Reaz Khan, Managing Director & CEO, A K M Mizanur Rahman FCA, Chairman, Audit Committee, Mr. Shaikh Md. Salim,...

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MIDLAND BANK HOLDS HALF-YEARLY BUSINESS CONFERENCE

The Half-Yearly Business Conference 2025 of Midland Bank PLC was held in Dhaka recently. The conference was divided into two segments. Officials from Retail Distribution, Cards, and ID & NRB divisions attended the morning segment, while officials from Institutional Banking, SME and Treasury attended the evening segment. Md. Ahsan-uz Zaman,...

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NRBC Bank gets Visa Excellence Award 2025

NRBC Bank won the prestigious 'Excellence in Visa Debit Cards Business Associate Client - 2025' award. Dr. Md. Touhidul Alam Khan, Managing Director and CEO of NRBC Bank, received the award from Arief Hossain Khan, Executive Director of the Payment Systems Department and Spokesperson of Bangladesh Bank, at the Visa...

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India's central bank holds rates in rising tariff tensions with Trump

India's central bank held its key interest rate as Donald Trump's planned increase to tariffs on the country's exports to the US threatens to send its economy into turmoil, reports Reuters.The Reserve Bank of India's decision on Wednesday to keep the repo rate at 5.5 per cent was in line...

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