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Business
Md. Nazmus Saadat has been appointed as the Deputy Managing Director of Social Islami Bank Plc., bringing with him an impressive 27-year legacy in Islami banking. Beginning his career in 1995 as a probationary officer at Islami Bank Bangladesh Limited, Saadat served with distinction across various d...
Rizwan Rahman, a sponsor Director, has been elected as theVice Chairman of Eastland Insurance plc in its 225th Board Meeting on Wednesday, 30th October. A former DCCI president for 2021 & 2022, Rizwan is the Managing Director of ETBL Holdings Ltd, a diversified holding company with interest...
FBCCI administrator Md. Hafizur Rahman said that despite having a huge potential for bilateral trade between Bangladesh and Pakistan, there is a deficit in import and export.Mentioning that goods of only worth 100 million dollars are being exported from Bangladesh to Pakistan currently where imports...
M Rashidul Hasan has become the new president and Mostafizur Rahman Sohel, senior vice president of Bangladesh Association of Software and Information Services (BASIS).This development follows the resignations of former President Russell T. Ahmed and Vice President (Finance) Iqbal Ahmed Fakhrul Hasa...
Best Western Heritage, a leading luxury hotel in Cox’s Bazar offers special benefits to EBL cardholders. M. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank Plc. (EBL) and Md. Shamim Hasan, Head of Sales and Marketing of Best Western Heritage si...
United Commercial Bank PLC (UCB) has officially launched CyberSource, a Visa payment gateway solution aimed at enhancing payment management for businesses and merchants. This advanced solution offers secure, efficient, and scalable payment processing tailored to diverse client needs. The ...
Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) on Tuesday expressed willingness to collaborate with Bangladesh Investment Development Authority (BIDA) to create a more conducive environment for investment.The chamber made the call while its board of directors, led by Presiden...
Emirates has signed two Memorandums of Understanding (MoUs) with Vietnam Airlines and VietJet, aimed at strengthening connectivity and offering more travel choices between Dubai and its Vietnamese gateways Ho Chi Minh City and Hanoi. The MoUs were signed on the sidelines of the Vietnam - UAE Bu...
Bangladesh Investment Development Authority (BIDA), the country’s leading investment promotion agency, has appointed Nahian Rahman Rochi as its new Head of Business Development.This key role, announced in an official notification from BIDA, aims to support the agency’s mission ...
The 18th Annual General Meeting (AGM) of Walton Hi-Tech Industries PLC (WHILPLC), country's leading electrical and electronics manufacturing company listed in capital market, was held on Thursday at Kurmitola Golf Club in Dhaka.WHILPLC Chairman S M Shamsul Alam presided over the meeting while Vi...
The 141st meeting of the Board of Directors of Takaful Islami Insurance Limited was held on Tuesday at Dhanmondi in the capital.The Chairman of the Company Tahmina Afroz presided over the meeting which was attended by honorable all members of the Board including the Chief Executive Officer Abul...
Saudia, the national flag carrier of Saudi Arabia, has reported significant growth in its operational performance for the third quarter of 2024, as outlined in its latest performance report. The airline transported over nine million guests, marking a 10% increase compared to the same perio...
Bank Asia PLC has launched Digital Financial Literacy App 'Amar Hisab-Kitab' to accelerate financial inclusion activities. The app was developed by Bank Asia in collaboration with the United Nations Capital Development Fund (UNCDF) under the Aparajita Project of H&M Foundation to st...
Now is the time to focus on the Human Resources as Bangladesh has a huge pool of skilled manpower while Japan has a growing demand of foreign workers, said Charge d’affaires of Bangladesh Embassy in Tokyo Shah Asif Rahman in a seminar on Tuesday. Bangladesh Embassy in Japan in collaborati...
BRAC Bank and Daffodil International University (DIU) hosted a graduation ceremony for 22 women from the bank’s women entrepreneur accelerator programme, ‘Uddokta 101’.The three-month intensive certification course, which began in June 2024, offered 12 modules covering key areas su...
Prime Bank PLC., a leading commercial Bank in the country, announces its third quarter (Q3) financial results for the period ended on 30 September 2024. The Board of Directors of the Bank adopted its Q3 un-audited Financial Statements at the Board Meeting held on Monday.The Bank posted a 45% Net Pro...
Textiles and Jute Adviser Brigadier General (Retd) Dr M Sakhawat Hossain has urged the South Korean investors to invest in Bangladesh’s textile and jute sectors for the mutual benefits of the two countries.Sakhawat, also the shipping ministry adviser, came up with the call as a delegation of S...
IPDC Finance PLC recorded operating profit of BDT 1021.9 million in Jan’24 to Sep’24, making an 18% rise on a year-on-year basis. During this time the investment portfolio has increased significantly by 44.5% resulting in a rise in investment income of Tk 254.9 million (170% YoY Gro...
Speaking at a roundtable with heads of multilateral development banks (MDBs) on the sidelines of World Bank Group and International Monetary Fund annual meetings in Washington D.C. on 25 October, Director-General Ngozi Okonjo-Iweala highlighted the critical role of supply chain finance in integratin...
The Bangladesh Securities and Exchange Commission (BSEC) on Sunday formed a four-member inquiry committee to identify the reasons behind the recent market fall. The members of the committee are Mohammad Shamsur Rahman, additional director of the BSEC, Muhammad Oarisul Hasan Rifat, deputy d...
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