Business

Business Desk : dhakamirror.com Kutubuddin Ahmed has been acknowledged by the government as one of the Commercially Important Persons (CIP) in the large-scale industries (manufacturing) category for 2021. Founder of two of the largest conglomerates of the country, Envoy Legacy and Sheltech Group, Ahmed is a prominent figure in the Bangladeshi manufacturing industry, and his ... Read more

Business Desk : dhakamirror.com Jewellers on Monday lowered the price of gold by Tk 1,983 to Tk 97,161 a bhari (11.664 gram) on the local market as the price of the precious metal has fallen on the global market. The Bangladesh Jewellers’ Samity in a press release said that the prices of the gold were ... Read more

Business Desk : dhakamirror.com Brac Bank has launched FXPAY, an end-to-end commercial remittance application to provide accessible, fast and secure remittance services to institutional customers. FXPAY is a 360-degree commercial remittance system capable of performing business-to-business, business-to-consumer, consumer-to-business and consumer-to-consumer transactions in compliance with regulations, the bank said in a statement. The system can perform ... Read more

Business Desk : dhakamirror.com Non-banking financial institution Bangladesh Finance yesterday appointed a new director in its board of directors. The appointee, Mahtab Uddin Ahmed, previously served mobile network operator Robi as managing director and chief executive officer, said a press release. He previously worked for Unilever Bangladesh as national finance director and served in top ... Read more

Business Desk : dhakamirror.com Popular fashion brand Solasta announces eight different kinds of offers under the Wheel of Fortune campaign on the occasion of Eid-ul-Fitr, said a press release. Customers can avail any of these offers by making a purchase worth Tk 2,000 while other offers are 10 per cent, 25 per cent, 50 per ... Read more

Business Desk : dhakamirror.com Md Altaf Hossain has been promoted to the position of additional managing director of Islami Bank Bangladesh Limited, according to a press release. Prior to his current position, he was deputy managing director of the bank. He started his banking career in 2004 as vice-president in Islami Bank Bangladesh Limited. Before ... Read more

Business Desk : dhakamirror.com Brac Bank and Nucleus Software Exports Ltd have jointly won a “Best Implementation in Transaction Banking” award at IBS Intelligence Global FinTech Innovation Awards 2022 for FinnAxia, a transaction banking and supply chain finance solution for small and medium enterprises. The award recognised the rapid implementation of FinnAxia to support the ... Read more

Business Desk : dhakamirror.com Huawei has signed a memorandum of understanding (MoU) with bKash over enabling more people to participate in financial inclusion and benefit from the digital economy in Bangladesh. Pan Junfeng, president of Huawei South Asia region and CEO of Huawei Bangladesh, and Kamal Quadir, founder and CEO of the mobile financial service ... Read more

Business Desk : dhakamirror.com Brac Bank’s SME business is taking steps towards reducing paper usage and promoting environmental sustainability by adopting various digital processes. The bank now digitally conducts the performance management of 2,800 field-based business development managers (BDMs) and relationship officers (ROs) instead of traditional paper-based methods, said a press release. “The bank strives ... Read more

Business Desk : dhakamirror.com Dhaka North City Corporation (DNCC), in collaboration with Shakti Foundation and MetLife Foundation, has initiated the Muktir Shobujayon (Greening for Liberation) Project with an aim to transform the abandoned land opposite the Jallad Khana Memorial into a modern, green and child-friendly public space. A total of 1,000 trees have been planted ... Read more

Business Desk : dhakamirror.com Ranks FC Properties, a subsidiary of Rankon Group, has recently handed over its green project “White Oak” at Mehedibagh in Chattogram city to the apartment owners. On the occasion, the developer company organised a welcome party at the project premises. High officials of Ranks FC Properties, landlords, and apartment owners celebrated ... Read more

Business Desk : dhakamirror.com Islami Bank Bangladesh Limited has paid tribute at the National Memorial on the occasion of Independence Day 2023 on Sunday (26 March). Md Joynal Abedin and Mohammed Nasir Uddin, directors and Muhammad Qaisar Ali, additional managing director of the bank, placed floral wreath on behalf of the bank, said a press ... Read more

Business Desk : dhakamirror.com The Chattogram Port Authority (CPA) has observed the Independence Day today with dignity and solemnity. The celebration began with hoisting the national flag and placing wreath at the martyrs’ memorial in the port republic club premises on Sunday morning, read a press release. Members, officers and employees of all departments including ... Read more

Business Desk : dhakamirror.com Sonali Bank Limited organised different programmes to celebrate Independence Day 2023. Sonali Bank CEO and Managing Director Md Afzal Karim along with other officials and employees placed floral wreath at the National Martyr’s Memorial in Savar and the portrait of Father of the nation Bangabandhu Sheikh Mujibur Rahman at Dhanmondi-32 this ... Read more

Business Desk : dhakamirror.com Titus Gas Transmission and Distribution Company observed the country’s 53nd Indepencence Day on Sunday. On the occasion, Titas Gas Managing Director Md Harunur Rashid Mollah inaugurated the mural of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at the company’s head office today, reads a press release. After the inauguration, senior ... Read more

Business Desk : dhakamirror.com Karmasangsthan Bank paid tribute to laid a wreath at National Memorial, Savar on 26 March to all the freedom fighters on the occasion of Great Independence and National Day celebrations. The event was led by the bank’s Managing Director Shirin Akhter, reads a press release. Deputy Managing Director Meher Sultana, General ... Read more

Business Desk : dhakamirror.com In less than a week, Bangladesh’s jewellers have revised gold prices four times on the ground of changes in prices of pure gold in the domestic market, reflecting high volatility. Bangladesh Jewellers’ Association (Bajus) yesterday hiked the rate of each bhori of gold by 1 per cent or Tk 1,166 a ... Read more

Business Desk : dhakamirror.com Walton has launched premium category air conditioners in Bangladesh under its European brand ACC. The ACC brand’s AC was launched at a function recently held at Walton Corporate Office in the capital, reads a press release. Walton AC’s Chief Business Officer (CBO) Md. Tanvir Rahman, Deputy CBO Sondip Biswas, Head of ... Read more