Business Desk : dhakamirror.com The Snowtex Group, an export-oriented company in the apparel industry, has received the Bangladesh Business Award 2019. The company previously earned the award in the category for “Best Business Entrepreneur of the Year,” and on Friday, it was officially awarded to it at the “Bangladesh Business Award-2020” ceremony held at the ... Read more
Business
Romo Rouf Chowdhury elected Bank Asia chairman
Business Desk : dhakamirror.com Romo Rouf Chowdhury has been elected chairman of Bank Asia Ltd in the 479th meeting of the Board of Directors of the bank on Thursday. Before being elected as the chairman, he was one of the vice-chairmen of the bank. Chowdhury is one of the sponsor shareholders as well as sponsor ... Read more
HSBC recognised as market leader in corporate banking, CSR and ESG
Business Desk : dhakamirror.com The Hongkong and Shanghai Banking Corporation Ltd (HSBC) Bangladesh was named as the market leader in Bangladesh in the highest three categories for corporate social responsibility (CSR), environmental, social, and governance (ESG) and corporate banking in a survey done by Euromoney. This survey is an independent assessment conducted by Euromoney, a ... Read more
Uttara Motors brings Suzuki XL6
Business Desk : dhakamirror.com Uttara Motors Ltd, sole distributor of Suzuki vehicles in Bangladesh, recently launched the new Suzuki XL6, a premium sports utility vehicle, at its Uttara Centre in Tejgaon, Dhaka. Nayeemur Rahman, head of business planning of Uttara Motors Ltd, and Chiranjeev Roy, chief operating officer of Suzuki Car Bangladesh, jointly unveiled the ... Read more
Transcom unveils ROWA TV brand
Business Desk : dhakamirror.com Transcom Electronics Limited (TEL), a leading retailer and distributor, has launched a new branded television in Bangladesh in partnership with Chinese electronics company TCL. The two companies unveiled “ROWA Television” at an event in the Radisson Blu hotel in Dhaka on Thursday in presence of distributors and dealers, according to a ... Read more
RFL offers kitchen sinks
Business Desk : dhakamirror.com RFL Group recently launched three new kitchen sink models, made of stainless steel and designed to cut use-generated noise, priced between Tk 1,400 and Tk 4,200. Md Moniruzzaman, director of Rangpur Metal Industries, a subsidiary of the RFL, unveiled the products named “Popular”, “Premium” and “Luxury” at the RFL’s head office ... Read more
UNDP, UNCDF collaborate to improve Bangladesh’s digital financial system
Business Desk : dhakamirror.com The United Nations Development Programme (UNDP) and the United Nations Capital Development Fund (UNCDF) have joined hands to strengthen Bangladesh’s digital financial ecosystem through interventions in policy and regulation, innovation, infrastructure, and skills to achieve the Sustainable Development Goals (SDGs). a2i will play a strategic role in implementing the activities of ... Read more
StanChart ‘Market Leader’ for CSR
Business Desk : dhakamirror.com Standard Chartered Bangladesh was recently named “Market Leader” in Bangladesh for corporate social responsibility (CSR) in a survey key banking categories and markets by financial publication Euromoney. CEO Naser Ezaz Bijoy said the true impact of CSR and community activities cannot be quantified. “It is about the lives that we can ... Read more
RFL holds dealer conference in UAE
Business Desk : dhakamirror.com RFL Group recently organised a dealer conference in Dubai of the United Arab Emirates . The top 70 dealers of three subsidiaries of the group – Rangpur Metal Industries Limited, Regal Furniture and Bizli Cables – took part in the conference at a hotel on August 18, according to a press ... Read more
SIBL inaugurates Asset Development Campaign
Business Desk : dhakamirror.com Social Islami Bank Limited (SIBL) has launched a three-month special campaign, styled “Asset Development Campaign”, with the aim to create awareness about quality investment and timely repayment for the socio-economic development of the country. Zafar Alam, managing director and chief executive officer of SIBL, inaugurated the campaign as chief guest at ... Read more
Chattogram port became 64th busiest port in the world
Business Desk : dhakamirror.com According to Lloyd’s List, one of the oldest shipping periodicals in the world, the Chattogram port has advanced three spots to become the 64th busiest port among the top 100 container ports in the world in terms of yearly container transport in 2021.The port occupied the 67th spot on the list ... Read more
Norway’s Jotun inaugurates its first factory in Bangladesh
Business Desk : dhakamirror.com A subsidiary of the Norwegian-based Jotun Group, which produces paint and coatings, Jotun Bangladesh Limited (JBL) has invested $7.6 million to open its first plant inside the Meghna Industrial Economic Zone (MIEZ).Jotun Group, with operations in more than a hundred countries is one of the top manufacturers of paints and coatings ... Read more
Biman to fly to China for first time tomorrow
Business Desk : dhakamirror.com Biman Bangladesh Airlines will start running flights on the Dhaka-Guangzhou-Dhaka route from tomorrow, expanding its list of overseas destinations having included China. Managing Director and CEO of Biman Bangladesh Airlines Md. Zahid Hossain and Chinese Ambassador to Bangladesh Li Jiming met on Tuesday at the Chinese Embassy in Dhaka to discuss ... Read more
New MD appointed to state-owned Sonali, Agrani, Rupali banks
Business Desk : dhakamirror.com The government appointed new Managing Directors to Sonali Bank, Rupali Bank and Agrani Bank. The Ministry of Finance’s Financial Institution Division issued three separate circulars regarding the appointments on Sunday. Afzal Karim, managing director of Bangladesh House Building Finance Corporation, has been appointed as the chief executive officer (CEO) and managing ... Read more
Pacific jeans installs rooftop solar power plant
Business Desk : dhakamirror.com A rooftop solar power plant with automatic cleaning system and a capacity of 3.5mw per day has been installed at Universal Jeans Ltd, a concern of Pacific Jeans, at the Chattogram EPZ, at a cost of $0.5 million as part of its green energy initiative. This 3.5mw electricity will meet 10% ... Read more
Bangladesh sets stagger industry holidays amid energy crisis
Business Desk : dhakamirror.com To lessen the frequency and duration of power outages in the midst of an ongoing energy crisis, the Bangladeshi government has established staggered weekly holidays for industrial hubs. A notification establishing the area-wise weekly off was published by the Department of Inspection for Factories and Establishments under the Ministry of Labour ... Read more
BCCCI signs MoU with BIAC
Business Desk : dhakamirror.com The Bangladesh China Chamber of Commerce and Industry (BCCCI) and Bangladesh International Arbitration Centre (BIAC) signed a memorandum of understanding (MoU) in Dhaka on Wednesday. Kaiser A Chowdhury, chief executive officer of the BIAC, and Al Mamun Mridha, acting secretary general of the BCCCI, signed the deal at the BIAC secretariat ... Read more
HSBC facilitates social loan financing for Brac
Business Desk : dhakamirror.com In a recent program, the Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh facilitated social loan financing for brac. In accordance with the agreement, HSBC will provide money to BRAC in the amount of Tk 6.12 billion to carry out social development projects, said a press release. This is the country’s ... Read more
StanChart’s first automated over-the-weekend loan for Nestlé Bangladesh
Business Desk : dhakamirror.com In accordance with its distributor finance program, Standard Chartered Bangladesh has completed the country’s first automated over-the-weekend loan disbursement, according to a press release. The first client to receive the funds from a distributor financing loan on a weekend was Nestle Bangladesh, This enhancement will empower distributors, which are usually small ... Read more
Bangladesh’s Meghna Aviation orders 2 Bell helicopters to purchase
Business Desk : dhakamirror.com Meghna Aviation Ltd. in Bangladesh has inked a contract to buy two Bell helicopters—a Bell 505 and a Bell 407GXi—according to a statement from Bell Textron. Meghna Aviation was founded in 2011 which is a member of the Meghna Group of Industries, a significant conglomerate with headquarters in Bangladesh that employs ... Read more