Monday, 13 Jan, 2025

Business

Berger ‘Club Supreme’ Launched

DHAKA: Berger ‘Club Supreme’ has been launched through a grand event at the International Convention City Bashundhara, Dhaka on Wednesday (April 4).  The auspicious launching program of Berger ‘Club Supreme’ took place with the participation of selected eminent dealers from

GDP to grow 7.65pc by end of 2017-18FY

DHAKA: GDP growth of Bangladesh will increase to 7.65 percent for the fiscal year of 2017-18, said Planning Minister AHM Mostofa Kamal Tuesday (April 3). The minister disclosed the matter at a meeting of ECNEC (The Executive Committee of National Economic Council), at NEC conference

Govt reduces CRR for banks

DHAKA: The government has decided to reduce the Cash Reserve Ratio (CRR) for commercial banks by one percent, said Finance Minister Abul Maal Abdul Muhith. The decision was made in meeting between finance minister Muhith and Bangladesh Association of Bankers (BAB) in city’s

Govt orgs to deposit 50pc in state banks: Muhith

DHAKA: Finance Minister Abul Maal Abdul Muhith said all the government organizations have to deposit 50 percents (of their credits) to the state banks, as per a new decision.  “Creating capital market is the greater challenge of the banking sector. A small group will be appointed

GDCL, BSPL sign mandate

Green Delta Capital Limited (GDCL) has signed a mandate on March 27 with Baraka Shikalbaha Power Limited (BSPL) where GDCL will act as Mandated Lead Arranger to raise short term financing and issuance of Preference share for BSPL. Md. Rafiqul Islam, Managing Director & CEO of Green

DSE gets new shareholder director

DHAKA: Minhaj Mannan Emon, managing director of BLE Securities Limited, has been elected as the shareholder-director of Dhaka Stock Exchange (DSE). The vote casting was held from 10:00am to 4:00pm at DSE boardroom on Tuesday (March 20). A total of 220 out of 256 voters voted in the

Ample Opportunities in Baltic States for Asians

Three Baltic States Lithuania, Latvia and Estonia are a place for a strategic business location for Asians. One may ask me why? First of all, the geographic locations, secondly member of EU, Schengen, thirdly Euro as a common currency, fourthly access to the whole European market, and the

AirAsia offers lowest fare for Australia

DHAKA: Asia's largest budget airlines 'AirAsia' has announced its lowest fare to travel Australia for Bangladeshi passengers.  The offer will be applicable for Dhaka-Kuala Lumpur-Sydney and Dhaka-Kuala Lumpur-Melbourne route. Bangladeshi students and middle income

Muhith suspicious about Rohingya repatriation

DHAKA: Finance Minister Abul Maal Abdul Muhith expressed skepticism about sending back the Rohingya refugees to their homes in Myanmar. “I’m suspicious about sending back the Rohingyas”, he said. The minister said that arrangement should be initiated to rehabilitate the

Nepalese praise Walton appliances at Bangladesh Expo

KATHMANDU: Users of electronics and electrical appliances of Nepal has praised the ‘Made in Bangladesh’ labeled Walton appliances for the unique quality and design at the five-day long ‘4th Bangladesh Expo-2018’ in Kathmandu, Nepal.  Under the Walton brand, mobile phones and

Ahmed Jamal made Bangladesh Bank DG

DHAKA: Bangladesh Bank’s Executive Director Ahmed Jamal was promoted to the post of Deputy Governor. The ministry of public administration issued a notification regarding this Thursday (March 2).  Jamal was appointed the deputy governor based on agreement following his

SC upholds NBR decision to freeze Robi’s bank account

DHAKA: The Appellate Division of the Supreme Court stayed the High Court order against the decision of National Board of Revenue (NBR) to freeze the bank account of mobile operator Robi Axiata Ltd on accusation of evading Value Added Tax (VAT). Consequently, the reasoning of NBR to

BSEC to approve Chinese consortium as DSE’s strategic partner

DHAKA: Ending all speculations, the capital market regulatory body Bangladesh Securities and Exchange Commission (BSEC) is set to approve the Chinese consortium as a strategic partner of Dhaka Stock Exchange (DSE).  BSEC held an urgent meeting in this regard in its Agargaon office in

ICT Carrier Camp inspires youths in BASIS SoftExpo

DHAKA: As the country’s young generation is very much interested to develop their career in the ICT (Information Communication and Technology) sector, they need proper guidelines and opportunities of work. Keeping things in mind, BASIS organized the 'ICT Carrier Camp' on

BASIS Soft Expo freelancer conference draws huge crowd

DHAKA: On the second day of BASIS Soft Expo-2018, a seminar titled ‘Freelancer Conference’ was held at the celebrity hall of Bangabandhu International Conference Center in Dhaka on Friday afternoon (3:00-5:00pm). BASIS director Delwar Hossain Faruk moderated the seminar where a lot of

Local software industry needs to expose capability in own market

Bangladesh is a land of opportunity and the market is emerging. A remarkable development in ICT sector has been noticed in recent few years where BASIS contribution matters a lot. Government is also very much positive to develop this sector and it a good sign for the industry to grow.

BASIS Soft Expo 2018 to encourage women participation in IT

DHAKA: Worldwide women participation in employment is still not up to the mark. And in ICT it is more inadequate than other sector. Bangladesh is transforming into digital where women participation is a must. Government is also very much keen to improve women participation in ICT

BASIS Soft Expo-2018 to demonstrate own capacity

DHAKA: The Bangladesh Software Information Services (BASIS) Soft Expo is a regular ICT showcasing of local software development and its potentials towards the people of the country and abroad. This year the expo is set to focus the excellence of local software products and services

Walton exports fridge parts to Indonesia 

  DHAKA: The country’s largest electronics giant Walton exported for the first time locally-made various sorts of parts of fridge to Indonesia-an island country in Southeast Asian region.   On last Thursday (February 15), a container ship, loaded with fridge parts manufactured

Tanvir Shahriar Rimon joins Rancon as CEO of Ranks FC

CHITTAGONG: Young corporate icon Engr. Tanvir Shahriar Rimon recently joined Rancon Holding as CEO of Ranks FC Properties Ltd.  Before joining Rancon he served ANZ Properties Ltd. another reputed company for 12 years as Chief Operating Officer. Under his leadership, Anz handed over