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Business & Commerce
Prime Bank PLC. has signed a Memorandum of Understanding (MoU) with Syngenta Bangladesh Limited in a ceremony, took place recently at Head office of Syngenta Bangladesh Ltd in Dhaka. Under the agreement, Prime Bank will provide Mortgage free overdraft loan up to BDT One (1) crore to Syngenta&rs...
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Cascale have discussed collaboration to make garment industry sustainable.Different codes of conduct from various buyers and multiple audits in garment factories not only waste time and money for factories but also complicate the...
The Half Yearly Performance Review Meeting-2024 of Mercantile Bank PLC was held at Hotel Momo Inn Bogura on July 13.The Head of 16 branches and In-charges of 8 Upashakhas of Bank’s North Bangal zone participated in the conference. Md. Quamrul Islam Chowdhury, Managing Director of the...
Adviser to the Prime Minister of Thailand, Dr. Nalinee Taveesin, now visiting Bangladesh, told that the office of Prime Minister of Thailand would extend its all-out support and cooperation for the growing bilateral and mutual business interest between Bangladesh and Thailand through BTCCI and Royal...
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Mahbubul Alam on Monday demanded speedy implementing national single window (NSW) in order to simplifying further import and export operations alongside expediting trade.The FBCCI president put such emphasis while addressin...
Janata Bank Swadhinata Officer Parishad recently paid homage to Bangabandhu’s portrait and cut a cake marking the15th founding anniversary of the organization.Md. Abdul Jabbar, Managing Director of Janata Bank was present as the chief guest in the ceremony, took place at the head office of the...
Prime Bank PLC has signed a $90 million term loan agreement with the International Finance Corporation (IFC), a member of the World Bank Group, aimed at supporting export and import-based MSMEs in Bangladesh. This investment aims to significantly enhance financial access for MSMEs, thereby cat...
The High Court on Sunday suspended the dismissal order issued against five top officials of Sonali Life Insurance for three months by the insurance regulator on charges of corruption and irregularities.The five are the company's Additional Managing Director Rafiqul Islam, Deputy Managing Directo...
ServicEngine Limited, a software company, has been honoured with 10th National Export Gold Trophy in the computer software category.A S M Mohiuddin Monem, Chairman of ServicEngine Limited and Additional Managing Director of Abdul Monem Limited received the award from the Prime Minister Sheikh Hasina...
PRAN-RFL Group got seven national export trophies, including three golds, for outstanding contribution in export segment for FY 2021-22. The country’s leading conglomerate got the trophies from commerce ministry for exporting agro processing, plastic goods, melamine and light engineering produ...
Bangladesh Association of Software and Information Services (BASIS) has launched BASIS America desk to facilitate and strengthen ICT business collaborations between Bangladeshi ICT and software companies and their counterparts of the United States of America. In this connection, a launching cer...
BRAC University Centre for Entrepreneurship Development (CED) has been honored with the Entrepreneurship Center Global Impact Award at the 2024 International Council for Small Business (ICSB) World Congress held in Germany. The ICSB, founded in 1955, is the oldest and largest nonprofit organiza...
The 18th Meeting of the Board of Directors of Takaful Islami Securities Limited (a Subsidiary of Takaful Islami Insurance Ltd.) was held on July 11 at Dhanmondi, Dhaka.The Chairman of the Board of Directors Md. Humayun Kabir Patwari presided over the meeting. Mrs. Tahmina Afroz, Honorable Chairman o...
Industries Minister Nurul Majid Mahmud Humayun on Saturday said that Bangladesh’s fertilizer import has reduced significantly after the newly built Ghorashal-Palash Urea Fertiliser Factory (GPUFP) starts production, and it contributed to saving foreign exchange and reducing crisis of fertilize...
Eastern Bank PLC (EBL) will provide members of the Bangladesh Indenting Agents Association (BIAA) with priority banking facilities.Ahmed Shaheen, additional managing director, EBL and AKM Azad, president of BIIA signed a Memorandum of Understanding (MoU) to this effect in Dhaka recently, a press rel...
Ahsan Zaman Chowdhury has been appointed as the managing director of Trust Bank, effective from July 10, 2024.Prior to this role, he served as the Deputy Managing Director & Chief Business Officer of Trust Bank since November 2020, according to a press release. Ahsan joined Trust Bank as S...
NRBC Bank organized a discussion meeting with cluster-based industrial entrepreneurs to raise awareness about the Tk 25,000 crore 'Pre-Finance Scheme' established by Bangladesh Bank for entrepreneurs in the Cottage, Micro, Small, and Medium Enterprises (CMSME) sector. During the event, ...
The third Bay of Bengal Economic Dialogue 2024 concluded with Bangkok Declaration that underscores the critical need for enhanced regional integration and cooperation among BIMSTEC member states.The South Asian Network on Economic Modeling (SANEM) organied the Third Bay of Bengal Economic Dial...
The Premier Bank PLC has shifted its Islami Banking Branch, Mohakhali to spacious new premises at MS Center Mohakhali on Thursday.Managing Director & CEO of the Bank Mohammad Abu Jafar inaugurated the Branch in the new building as chief guest, said a press release.Additional Managing Director Sy...
A Memorandum of Understanding (MoU) has been signed between Bangladesh House Building Finance Corporation (BHBFC) and Rajdhani Unnayan Kartripakkha (Rajuk) regarding BHBFC's home loan for flat and apartments built by Rajuk. The MoU was signed on Thursday at Rajuk Bhavan in the capital, read...
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