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Automation drives productivity in cutting, knitting: Study

Automation and technological upgradation have boosted productivity at the cutting and knitting levels of garment production, while high efficiency has been found in jackets in the product category, says a study. The Bangladesh Institute of Development Studies (BIDS) study conducted on six processes - knitting, weaving, wet processing, cutting, sewing,...

BB slashes provisioning rates to boost agri, CMSME lending

In a strategic move to stimulate credit flow to vital sectors of the economy, Bangladesh Bank (BB) has announced a significant reduction in provisioning requirements for short term agricultural and small-scale enterprise credits, reports BSS.According to a directive issued on Sunday, the central bank has decided to set a uniform...

Ispahani Mirzapore adjudged best tea brand for 11 consecutive years

Ispahani Mirzapore has once again been awarded the 'Best Hot Beverage Brand (Tea) Award 2025' setting a new record by winning the title for the eleventh consecutive year. Adding to this proud achievement, the brand also secured a place among the top four brands in the 'Overall Best Brand' category...

NRB Bank holds 12th Annual General Meeting

NRB Bank PLC has conducted its 12th Annual General Meeting (AGM) at The Westin Dhaka recently. Bank's Founder and Chairman Iqbal Ahmed presided over the event where shareholders approved the audited financial statements for the preceding year. Among others, the meeting was attended by Md. Quamrul Islam Chowdhury, Chairman of...

402nd Board Meeting of Shahjalal Islami Bank held

The 402nd meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at Corporate Head Office of the bank recently. The meeting was presided over by Chairman A. K. Azad. Among others, Vice-Chairmen of the Board Mohammed Younus and Mohiuddin Ahmed, Directors Md. Sanaullah Shahid, Abdul Barek,...

Trust Bank receives Remittance Award-

Trust Bank PLC has been honoured with the "Remittance Award 2025" in recognition of its significant contribution to remittance mobilisation during the FY 2024-25. Expatriates' Welfare and Overseas Employment Adviser Dr. Asif Nazrul handed over the award to Managing Director & CEO of the bank Ahsan Zaman Chowdhury at a...

Agrani Bank wins Remittance Award

Agrani Bank PLC has been given the Remittance Award 2025 in recognition of securing the first position among state-owned banks and the second position among all banks for collecting a significant volume of remittances during the fiscal year 2024-2025. Managing Director Md. Anwarul Islam received the award from Expatriates' Welfare...