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Business & Commerce
Social Islami Bank held 521st Board meeting on 14 November at the bank’s head office. Chairman of the Bank Professor Dr. M. Sadiqul Islam, FCMA, presided over the meeting. Vice Chairman Maksuda Begum, and Directors Md. Morshed Alam Khondoker, and Md. Anwar Hossain...
Shipping, Labour and Employment Adviser Brig. Gen. (Retd) M Sakhawat Hossain said that the government has a plan to build an internationally standard shipyard or dockyard at Matarbari Deep Sea Port.Mentioning that the World Bank has sanctioned $65 million in constructing the Bay Terminal in Chottogr...
Kazi Mahmood Karim has recently been promoted as Deputy Managing Director (DMD) of Al-Arafah Islami Bank PLC. Prior to the promotion he was serving as Senior Executive Vice President since 2019, bringing with him a wealth of experience from a distinguished banking career that began in 1989 at t...
bKash, the country’s largest mobile financial services (MFS) provider, has won in two categories at the “Visa Payment Excellence Awards-2024” for its significant contribution to the digital payment ecosystem. By enabling highest volume of transactions through bKash wallet, the...
401stBoard Meeting of Shari`ah based bank, Standard Bank PLC. was held on 12 November at Boardroom, Head Office, Dhaka.Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Director & Founder Vice Chairman Kamal Mostafa Chowdhury, Directors Ashok Kumar Saha,Feroz...
Md. Mojibur Rahman has assumed the position of Managing Director of Janata Bank PLC, a state-owned commercial bank in Bangladesh.Financial Institutions Division of the Ministry of Finance issued a notification in this regard. Prior to this role, Rahman served as the Managing Dire...
Chic Wings (BD) Lingerie Co. Limited, a Singapore-China owned company, is set to invest $18 million to establish a garments manufacturing industry in the BEPZA Economic Zone (BEPZA EZ).The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at the...
Social Islami Bank's reconstituted board, under the guidance of Bangladesh Bank, reformed the Shari’ah Supervisory Committee of the Bank. The reformed Shari’ah Supervisory Committee comprising of 08 members held its first meeting (91st) at the bank’s head office on 11 Nove...
Prime Bank PLC. has signed a partnership agreement with Sheba. XYZ in a ceremony recently at the bank's corporate office.As part of the partnership, Prime Bank cardholders will be able to avail special discounts on the purchase of services on Sheba.xyz. Thus, Prime Bank cardholders will now...
Walton Hi-Tech Industries PLC, country's leading electrical and electronics manufacturing company listed in capital market, has announced its un-audited financial report for the first quarter ending September 30, 2024.The report was published after reviewed and approved by the Company's Boar...
Leading private sector financial institution of Bangladesh Eastern Bank PLC. (EBL) gets US dollar 35m loan from OPEC Fund for International Development towards building economic resilience of Bangladesh by enhancing access to finance for small and medium enterprises (SMEs), promoting agribusiness, t...
Meghna Bank PLC has been awarded with "Excellence in Consumer Cards - Credit" title at the VISA Leadership Conclave Bangladesh 2024, held recently at Sheraton Dhaka recently.Kimiwa Saddat, Deputy Managing Director of Meghna Bank PLC, accepted the accolade on behalf of the entire team from ...
Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed said the government will take initiatives to sign FTA with as many countries as possible.He was addressing a negotiation launching ceremony of the Bangladesh-Singapore Free Trade Agreement (FTA) at the Mi...
Grameenphone, the leading telecommunications operator in Bangladesh, has signed an agreement with Standard Chartered Bank to introduce a first-of-its-kind initiative that will enable customers to open Standard Chartered Bank accounts entirely online through the MyGP app. This pioneering collabo...
Mutual Trust Bank PLC. (MTB) recently signed an agreement with A.G. Dresses Ltd., Pinaki Group, to provide Payroll Banking Services to its employees.Syed Mahbubur Rahman, Managing Director & Chief Executive Officer, Md. Shafquat Hossain, Deputy Managing Director & Head of Retail Banking &...
Banglalink, has unveiled RYZE, an innovative AI-powered digital lifestyle pack aimed at empowering young users with a dynamic digital experience. Aligning with the government’s vision to support youth through upskilling opportunities, Banglalink’s RYZE provides AI-powered productivi...
Gold Kinen, Bangladesh’s first gold-purchasing app, makes gold savings easy, accessible and convenient for everyone, through automatic monthly gold savings option, paid through bKash.The new Auto Gold Save feature on the Gold Kinen App lets users set up monthly gold savings from Tk1,000 to Tk5...
BGMEA Administrator Mohammad Anwar Hossain emphasized Bangladesh's increasing focus on boosting non-cotton and high-value garment production. He was adressing a discussion meeting with a delegation of the Taiwan Textile Federation (TTF) on Saturday.The meeting of the TTF delegation led...
Following the successful conclusion of Textile Talent Hunt Season 8, Textile Today Innovation Hub organized the Grand Launching of Textile Talent Hunt Season 9. The grand launching took place at the Pan Pacific Sonargaon Hotel, Dhaka on November 9. TTH 9, presented by Centro Tex Ltd., pow...
Social Islami Bank held a business development meeting at a local hotel in Chattogram with the branches of Chattogram region. Managing Director (Acting) Mohammad Forkanullah was present as the chief guest. Muhammed Mizanul Kabir, Executive Vice President and Head of SAMD, Syed Md. Shohel, ...
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