Saturday, 11 Jan, 2025

Business

BB reserve heist case report submission Sept 17

DHAKA: A Dhaka court asked Criminal Investigation Department of Police to submit probe report on September 17 in Bangladesh Bank cyber heist case. Additional Chief Metropolitan Magistrate Sarafuzzaman Ansari reset the date ad after investigation officer of the case failed to submit the

Financial inclusion must exclude all predatory financing: Yunus in China

DHAKA: Nobel Laureate Professor Muhammad Yunus emphasized that all financial services to the poor do not constitute financial inclusion.  Professor Yunus addressed the topic of financial inclusion at a breakfast meeting organized by the Caixin Media Group during his China tour from

UCB signs agreement with Teletalk

DHAKA:  United Commercial Bank Limited (UCB) signed an agreement with Teletalk Bangladesh Limited on Network connectivity to enable Mobile Financial Services. The agreement was signed at the premises of Teletalk’s head Office on Wednesday (July 31) of 2019. Under this agreement,

BB unveils Monetary Policy for July-Dec period

DHAKA: Bangladesh Bank (BB) unveiled its first half-yearly (H2) monetary policy statement (MPS) on Wednesday (July 31) fixing private sector credit growth target at 13.20 per cent till December in 2019. Central bank Governor Fazle Kabir at a press conference announced the MPS for the

Daraz Nandini-ActionAid arrange “Online GorurHaat”

DHAKA: The largest e-commerce platform of the country Daraz has organized “Online GorurHaat” campaign on the occasion of Eid ul Azha for the second time.  The specialty of this online GorurHaat is that every cow here is 100% organic and all the cows have been specially raised by

Poroshmoni gets Tk 1 lakh buying Marcel AC

DHAKA: Poroshmoni Samajik Unnayan Sangstha, a non-government organization (NGO) in Mymensingh, has recently received Tk 1 lakh after purchasing a Marcel brand air conditioner. Marcel is providing the benefits for its AC customers under the nationwide ongoing digital campaign season-4,

Regent arranges Familiarization Trip to Malaysia

DHAKA: Tourism Malaysia & Regent Airways jointly organized a seven-day Familiarization Trip to Malaysia with selected top agents of Bangladesh, starting from July 15.  During this fun-filled adventurous journey, the group explored the amazing Genting Highland, magnificent Johor

5pc source tax for savings up to Tk 5 lakh

DHAKA:  Finance Minister AHM Mustafa Kamal said five percent tax at source would be applicable to all types of savings certificates, including family savings certificates, up to Taka 5 lakh investment to facilitate the small savers and pensioners. The minister said: “There has been

Walton gets National Productivity and Quality Excellence Award

The country’s electronics giant ‘Walton’ has received the ‘National Productivity and Quality Excellence Award 2018’ for its outstanding contribution to high productivity as well as produce highest standard products. Under the category of large industry, Walton got the award

Kamal announces 2pc incentive on remittance

DHAKA: Finance Minister AHM Mustafa Kamal said two percent incentive will be given on remittance since 1 July. “He said Bangladesh Bank is working on this. If anyone sends remittance of Taka 100, they will get Taka 102. No tax or service charge will be deducted in this case,” the

UCB signs agreement with NOVOAIR

United Commercial Bank Limited (UCB) has signed an agreement with NOVOAIR. The deal was signed at the premises of the bank on 21 July. Under the agreement, all UCB Credit & Debit Cardholders will enjoy 10% discount on base fare of domestic and international tickets purchase from

PRAN-RFL’s 4 companies get Nat’l Productivity Award

Four companies of PRAN-RFL Group received ‘National Productivity and Quality Excellence Award-2018’ for enhancing productivity and improving product quality. Industries Minister Nurul Majid Mahmud Humayun handed over the awards through a program held at the Institution of Diploma

NRBC Bank holds Managers' Meet-2019

NRB Commercial Bank Ltd. organized its half yearly managers' Meet-2019.   The Managing Director and CEO of the Bank Mr. Khondoker Rashed Maqsood presided over the meeting while Mr. S M Parvez Tamal, the honorable Chairman of the Bank was the Chief Guest 0n Saturday (July 27). 

Market showing mixed trend

DHAKA:  Trading on the country's two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with mixed trends of share-price indices on Sunday (July 28), the first session of the week. After first two hours of trading, the key index of the

Int’l potato center to be in Bangladesh

DHAKA: Agriculture Minister Dr Md Abdur Razzaque said potato is one of the important crops in the world, including Bangladesh. In Bangladesh, potato is the fourth place after rice, wheat and maize. So, the international potato center will be set up in Bangladesh. The minister said this

Leaders Carnival to inspire new generation in business

DHAKA:  Business Leaders' Carnival-2019 is going to start with the aims to encourage young generation to do business, develop their thinking and solve problems of new business. The carnival will be held at International Convention City Bashundhara (ICCB) in Dhaka on 14 September.

DSE, CSE gain at early trading

DHAKA: Share price indices at the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –witnessed positive trend in the early hours of trading on Thursday (July 25). The DSE benchmark index, DSEX gained 46.70 points or 0.91 percent to reach

Don’t realize agro loans in flood hit areas: BB

DHAKA: Bangladesh Bank (BB) directed the authorities concerned not to realize regular installments of all agriculture, fisheries and livestock loans in the areas affected in recent floods. Moreover, the central bank asked the authorities to issue new loans there, vowing to help farmers

Haider Ali reappointed Exim Bank MD, CEO

DHAKA: Export Import Bank of Bangladesh Limited (Exim Bank) reappointed its Managing Director (MD) and Chief Executive Officer (CEO) Dr Mohammed Haider Ali Miah to the same posts he has been bearing since 2012. His second straight tenure will begin from July 25.  Haider Ali joined

TCB open market essentials sale ahead of Eid

DHAKA: The Commerce ministry directed Trading Corporation of Bangladesh (TCB) to start open market sale of daily commodities ahead of the upcoming Eid-ul-Azha. The commodities include onion, garlic, ginger and hot spices. The decision vowing to keep the prices stable at consumer