Finance News: Latest Financial News, Finance News today in Bangladesh

New anomalies jeopardise second execution attempt

The second attempt to execute Bangladesh Telecommunications Company Limited's (BTCL) Switching and Transmission Network (STN) project is on the verge of failure amid serious allegations of irregularities and arbitrary decisions during the tender process.The project, aimed at improving digital connectivity by reducing call drops, enhancing customer service, and increasing revenue,...

AKIJ MOTORS APPOINTED SOLE DISTRIBUTOR OF JMC PRODUCTS IN BANGLADESH

AKIJ MOTORS APPOINTED SOLE DISTRIBUTOR OF JMC PRODUCTS IN BANGLADESHAkij Motors has been appointed as the sole distributor of JMC products in Bangladesh, covering a complete range of vehicles including 1.5-ton and 3-ton pickups, various truck chassis, buses, and other commercial vehicles. The official launch of JMC products was held...

Maj Gen Moazzem new BEPZA executive chairman

The government on Sunday appointed Major General Mohammad Moazzem Hossain as the executive chairman of the Bangladesh Export Processing Zones Authority (BEPZA), an official statement said, reports BSS.The public administration ministry said Moazzem, currently serving in Bangladesh Army, was posted as the new BEPZA executive chairman on deputation.BEPZA is a...

ACI NUTRILIFE RECOGNISED AS SUPERBRAND

ACI NUTRILIFE RECOGNISED AS SUPERBRAND ACI Nutrilife, the health and wellness-focused brand from ACI Foods & Commodity Brands, has been honoured with the prestigious Superbrand recognition at an award ceremony organised by Bangladesh Brand Forum at a city hotel on Saturday. Faria Yasmin, CBO, ACI Foods & Commodity Brands, Md....

Strengthen domestic production to diversify exports: Adviser

FE REPORTCommerce Adviser Sk Bashir Uddin has stressed the need to strengthen domestic production capacity in agriculture technology, automobiles, and light engineering to explore alternative export sectors beyond ready-made garments (RMG)."Bangladesh assembles around 400,000 to 500,000 motorcycles annually. But regrettably, we cannot yet manufacture an engine. Our entrepreneurs should move...

Islami Bank holds business development conference in Barishal

Islami Bank holds business development conference in BarishalBarishal Zone of Islami Bank Bangladesh PLC organised a Business Development Conference on the Barishal branch premises on Saturday. Professor Dr. M. Zubaidur Rahman, chairman of the bank, addressed the event as the chief guest. Md. Omar Faruk Khan, managing director of the...

71 nomination papers submitted

CHATTOGRAM, Sept 21: A total of 71 nomination papers were submitted on Sunday for the election of the Chittagong Chamber of Commerce and Industry (CCCI), scheduled for November 1. Sunday was the last date for submission of nomination papers, according to the election schedule.A total of 24 directors will be...

PBIL and Zaytoon raise investment awareness with 'Uthan Boithok'

Prime Bank Investment PLC. (PBIL), in collaboration with Zaytoon Business Solutions, has taken a pioneering step to expand #AccessToInvestment to rural Bangladesh by organising a community-based investment awareness programme, locally known as 'Uthan Boithok' - in Sirajdikhan, Munshiganj, recently.This initiative, which stems from the strategic alliance formed between PBIL and...