Mahtab Uddin Ahmed A common sight during winter months in recent years has been the distribution of blankets by our politicians, corporate leaders and businessmen to communities with little or no real need for them. News and social media coverage, mobile clicks and press conferences may outnumber the total spending on these so-called noble endeavour ... Read more
Business
Government extends FBCCI committee term by three months
Business Desk : dhakamirror.com The government extended the tenure of the present board of directors the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) by three months until August 18 this year. The committee elected for the 2021-23 term, which was supposed to dissolve on 19 May, will now discharge duties till 19 August, ... Read more
Beggar offers Tk 1,000 as bribe to officials to be freed
News Desk : dhakamirror.com A beggar offered Tk 1,000 in bribe to officials conducting a drive against begging in the capital’s Gulshan yesterday in exchange for his release. The drive was jointly organized by the Department of Social Services and Dhaka North City Corporation (DNCC). Social Service Officer Chandan Kumar Mitra said they got hold ... Read more
LafargeHolcim Bangladesh gets new CEO
Business Desk : dhakamirror.com LafargeHolcim Bangladesh yesterday appointed a new chief executive officer (CEO). The appointee, Mohammad Iqbal Chowdhury, replaces Rajesh Surana who has been promoted as area manager of East and South Africa region for Holcim Group, said a press release. Chowdhury has been chief financial officer at LafargeHolcim Bangladesh since 2017 and was ... Read more
Ctg trade fair begins today
Business Desk : dhakamirror.com The month-long Chattogram International Trade Fair begins in the port city today with a view to promoting and marketing local products at home and abroad. Information and Broadcasting Minister Hasan Mahmud is expected to inaugurate the fair, which has been organised by the Chittagong Chamber of Commerce and Industry (CCCI) on ... Read more
BRAC Bank partners with BGBA on an apparel show in New York
Business Desk : dhakamirror.com BRAC Bank has joined hands with the Garment Buying House Association (BGBA) to represent Bangladesh in Texworld, Apparel Sourcing Trade Show in New York. Texworld, Apparel Sourcing USA Trade Show is the largest apparel sourcing event on the East Coast, USA, where thousands of international exhibitors gather to connect with buyers, ... Read more
DITF concludes with export orders of around Tk 300 crore
Business Desk : dhakamirror.com The 27th Dhaka International Trade Fair-2023 ended on Tuesday with businesses receiving export orders worth about $30.38 million (about Tk 300 crore) while goods worth Tk 100 crore were sold in the month-long exhibition at the Bangabandhu Bangladesh-China Friendship Exhibition Centre at Purbachal in Dhaka. A total of 47 businesses received ... Read more
Belal Ahmed now SIBL’s acting chairman
Business Desk : dhakamirror.com Social Islami Bank Ltd (SIBL) has appointed Belal Ahmed as the acting chairman of its board of directors after Md Mahbub Ul Alam resigned. Previously, he served the bank’s board as vice-chairman. Ahmed is the son-in-law of Mohammed Saiful Alam, the chairman of Chattogram-based S Alam Group. He represents Unitex Steel ... Read more
Walton sees Tk 566cr sales drop in six months
Business Desk : dhakamirror.com Walton Hi-Tech Industries PLC, the largest electrical, electronics and home appliance manufacturer in Bangladesh, posted lower sales and profits in the first half of the current financial year due to higher inflation and the dearer US dollar amid the ongoing global economic crisis. The sales dropped by Tk 566 crore, or ... Read more
Phone producers must preinstall Bijoy app, although users are under no obligation: Jabbar
Business Desk : dhakamirror.com Preinstallation of Bijoy app on android phones is still mandatory for the importers and manufacturers of the devices, but it is not obligatory for the users to use the Bangla writing software, Telecom Minister Mustafa Jabbar said today. The Bangladesh Telecommunication Regulatory Commission (BTRC) has not changed its stance over the ... Read more
‘Richest 1% seize two-thirds of fresh $42 trillion created since 2020′
Oxfam report says Business Desk : dhakamirror.com A new Oxfam report shows that the top 1% of the world’s wealthiest people have taken almost two-thirds of the $42 trillion in new wealth that has been created since 2020. This is almost twice as much money as the bottom 99% of the world’s population has. A ... Read more
‘Richest 1% seize two-thirds of fresh $42 trillion created since 2020′
Oxfam report says Business Desk : dhakamirror.com A new Oxfam report shows that the top 1% of the world’s wealthiest people have taken almost two-thirds of the $42 trillion in new wealth that has been created since 2020. This is almost twice as much money as the bottom 99% of the world’s population has. A ... Read more
Puma extends footprint
Business Desk : dhakamirror.com The global footwear and apparel giant Puma has opened a flagship store in Chattogram, Bangladesh. With the new one, the total number of showrooms of Puma in Bangladesh rises to four. The brand has three outlets in Dhaka, launched by DBL Group, the franchise partner of Puma in Bangladesh. Bangladeshi cricketer ... Read more
First time gold prices exceed Tk 93,000 per bhori
Business Desk : dhakamirror.com The Bangladesh Jewellers’ Association (Bajus) has decided to raise gold prices for a third straight week, effective tomorrow. According to a press release issued by Bajus yesterday, the price of one bhori (11.66 grams) of 22-carat gold has increased by 3 percent, to around Tk 93,400, as of today. It said ... Read more
Tk 351 crore apartments, plots sold, booked in REHAB Fair 2022
Business Desk : dhakamirror.com Flats, plots and commercial spaces worth around Tk 351.16 crore were sold and booked in the 22nd edition of the REHAB Fair, which ended today. Of them, Tk 168 crore came from the sales and booking of flats, Tk 80 crore from plots and Tk 53.73 crore from commercial spaces, according ... Read more
StanChart wins The Banker’s ‘Best Bank award
Business Desk : dhakamirror.com Standard Chartered Bangladesh was recently named as the “Best Bank in Bangladesh” by The Banker magazine’s Bank of the Year Awards 2022. The Banker provides economic and financial intelligence for the world’s financial sector, combining in-depth regional and country coverage with reports on markets, banking, regulation, risk, transactions and technology and ... Read more
10 new products require BSTI certification
Business Desk : dhakamirror.com Bangladesh Standards and Testing Institution (BSTI) has added 10 new products to the list of items that need to be certified by the national standards body. The new products are: disposable diapers, facewash, petroleum jelly, flatbread/tortilla, shaving foam or gel, eye care, hair dye liquid, aerosol, shoe polishing and geyser. The ... Read more
Walton introduces hire purchase and family protection
Business Desk : dhakamirror.com Walton has launched a hire purchase and family protection policy along with a one-stop service solution. SM Mahbubul Alam, managing partner of Walton Plaza, inaugurated the ‘Hire Purchase and Family Protection Policy’, ‘One-stop Service Solution’ and ‘Hire Purchase and Family Protection Week’ at a programme held at Walton Corporate Office in ... Read more
ICAB, auditor general office to exchange knowledge
Business Desk : dhakamirror.com The Institute of Chartered Accountants of Bangladesh (ICAB) and the Office of the Comptroller and Auditor General (OCAG) of Bangladesh signed a memorandum of understanding (MoU) recently to sharing knowledge by jointly developing and introducing courses and programmes. The two entities will also work towards developing customised training programmes and disseminating ... Read more
Shahjalal Islami Bank gets first place in 22nd ICAB National Award
Business Desk : dhakamirror.com Shahjalal Islami Bank has won first position for the best presented annual report-2021 at the 22nd ICAB National Award recently. Mohammed Younus, chairman of the bank, Mosleh Uddin Ahmed, managing director, and Md Jafar Sadeq, chief financial officer, received an award from Commerce Minister Tipu Munshi at Pan Pacific Sonargaon Dhaka, ... Read more