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Business & Commerce
Speakers at a high level dialogue held on Wednesday at the Prime Minister’s Office said that the LDC Graduation strategy of Bangladesh and the associated action plan should be highly action oriented to ensure a smooth and sustainable graduation. Principal Secretary to the Prime Minister ...
The Director General of Abu Dhabi Fund Mohammed Saif Al Suwaidi assured Bangladesh Finance Minister Abul Hassan Mahmood Ali on Tuesday of further increasing assistance of Abu Dhabi Fund to Bangladesh in future. The assurance came during a discussion as the Finance Minister Abul Hassan Mah...
Experts at an event opined that the Continuing Professional Development program CPD provides a comprehensive understanding of the importance of Ethics and Compliance (E&C) in business, practical tools and strategies for implementing E&C practices.They said it also help preventing fraud, Cons...
The 29th Annual General Meeting of Social Islami Bank was held on 26 June 2024 through virtual platform. 10 percent dividend (5% cash & 5% stock) has been approved for the year 2023 at the AGM. Md. Kamal Uddin, Vice Chairman of the Board of Directors of the Bank, presided over the meeting. ...
The 2024 China (Hainan) Global Tourism Entrepreneur Conference, jointly held by the China Tourism Academy and the Department of Tourism, Culture, Radio, Television and Sports of Hainan Province, is being taken place from June 24 to June 28, 2024, in Haikou and Sanya, Hainan Province.The conference i...
FAO is providing technical support to the government of Bangladesh in developing the Priority Investment Plan in the Crop Sector (PIP-CS) to identify potential investment areas and providing a platform under its Hand-in-Hand Initiative to bring together stakeholders to mobilize funding for an econom...
Romo Rouf Chowdhury has been re-elected as Chairman of Bank Asia PLC. at the Board of Directors’ meeting held on 23 June.Chowdhury is one of the Sponsor Shareholders as well as Sponsor Directors of Bank Asia. He is a graduate in Engineering from Durham University, United Kingdom. He has more t...
United Commercial Bank PLC (UCB) and SME Foundation have formalized a pivotal partnership aimed at bolstering credit access for CMSME (Cottage, Micro, Small, and Medium Enterprises) customers through a Credit Wholesaling Program. Recently the agreement was formalized at a city hotel , marks a signif...
The International Finance Corporation (IFC) and the Danish International Development Agency (DANIDA) have entered into a transformative agreement to establish the Bangladesh Climate Advisory Partnership (B-CAP). This initiative aims to boost climate-smart private investment in Bangladesh's ...
The Eastern Bank PLC (EBL) has become the first financial institution to introduce ATM services at Dhaka metro rail stations.The first ever ATM set up at Agargaon metro station will provide 24/7 seamless services to metro rail passengers and others, said a press release on Monday.The ATM was formall...
Saudia, the national flag carrier of Saudi Arabia, has successfully concluded the first phase of operations for its Hajj season 1445H, marked by the completion of arrival flights. In total 509,000 pilgrims will attend Hajj this year with over 85,000 from Bangaldesh. The last flight (SV5827), ar...
A three-member delegation from the Münzer Bioindustrie GmbH has called on the visiting Finance Minister and the State Minister for Finance in Vienna on Monday and discussed their ongoing investment project in Bangladesh.Münzer, an Austria company, is one of the leading companies with cutti...
Standard Bank PLC. organized 'Employees Conference 2024' of Chattogram region on 22 June at Chattogram Club with the participation of all levels of executives and officials of branches and regional offices of Chattogram region.Mohammad Mohon Miah, Managing Director & CEO (Acting) of the ...
The 25th Annual General Meeting (AGM) of Bank Asia PLC., was held virtually on 23rd June 2024. Romo Rouf Chowdhury, Chairman of the bank, presided over the meeting. Shareholders of Bank Asia approved 15% cash dividend for the year 2023 at the AGM. Mohd. Safwan Choudhury and Zakia Rouf Chow...
Indian businessmen have shown interest to invest in energy, healthcare, consumer goods, IT and agriculture sectors in Bangladesh, said Salman F Rahman, Prime Minister's Private Industry and Investment Adviser.Salman said that the relations between Bangladesh and India are very close and friendly...
The latest Annual Report of the Standards and Trade Development Facility (STDF), issued on 20 June, marks the 20th anniversary of the STDF, tracing how it has evolved into a robust knowledge network and partnership of stakeholders from the public and private sector. The STDF is a global multi-s...
Bangladesh economy has experienced significant transformations driven by various factors including Foreign Direct Investment (FDI), remittance, export diversification and trade, which are considered to have played crucial roles in the economic growth, according to the report of 3rd edition of the Ba...
City Bank recently signed a US$30 million loan agreement with OPEC Fund for International Development (the OPEC Fund) to support international trade by providing financing to import and export companies in Bangladesh, especially in the agriculture and green energy sectors.OPEC Fund Vice President Ta...
The Office of Commercial Affairs - Royal Thai Embassy, Dhaka and Ruen Busaba jointly organized the Thai SELECT Certificate awarding ceremony on Sunday .The event took place at Ruen Busaba Block-D, Road -10, Banani in the capital. Ambassador of Thailand to Bangladesh Makawadee Sumitmor attented ...
The 11th Annual General Meeting (AGM) of SBAC Bank PLC. held on Saturday at RAOWA Center. The Chairman of the Board of Directors of the Bank AZM Shofiuddin Shamim MP presided over in the meeting. The shareholders approved seven other agendas including the Audited Financial Statements ...
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