Standard Chartered Bank and vehicle protection provider company FINDER, a concern of Monico Limited, have recently signed an agreement through which the credit cardholders of the bank will enjoy special InstaBuys at 0 per cent offers at FINDER, said a news release. Standard Chartered Bank general manager (retail lending products) Tarek Reaz Khan and
Business
Poor sales, few visitors frustrate DITF participants
Businesses participating in the Dhaka International Trade Fair are frustrated at the poor turnout of visitors and sales in the first 15 days of the month-long event this year. They said sales in the first half of the fair had plunged to half of that in the corresponding period of last year’s fair, an annual ... Read more
Govt urged to promote Sundarbans tourism
Patronisation of both government and the forest department is needed for development of tourism industry in the Sundarbans, said speakers at a discussion yesterday. The meeting organised by Bengal Tours on roles of the local media in development of positive tourism in the Sundarbans was held in Khulna yesterday. Masud Hossain,
Flydubai starts Bangladesh operation
Dubai’s first low-cost airlines Flydubai made its first entry into the Bangladeshi market when flight FZ587 landed in Chittagong Shah Amanat International Airport last night, said a statement. Hamad Obaidalla, chief operating officer of the carrier, was greeted by a VIP delegation led by Mohsharraf Hossain MP. Sirajul Islam Khan, divisional commissioner, and Foyez Ahmed,
Golden Harvest gets top grade
Golden Harvest Agro Industries Ltd, a leading agro-based frozen food processor, has received Grade A in the British Retail Consortium (BRC)-Food Certification programme. The award was given for processing frozen snacks, frozen processed vegetables, at a programme organised by leading certification company SGS in the
Credit crisis hits stocks again
Share prices slide for second day Share prices at the Dhaka Stock Exchange plunged on Sunday as the investors continued to face credit crunch, said market operators. The benchmark general index of the DSE dropped by 141.29 points, or 1.87 per cent, to close at 7,429.59 points. The DSE’s general index shed 315.57 points at ... Read more
Far East Knitting holds roadshow for IPO
Far East Knitting and Dyeing Industries Ltd, a Gazipur-based garment company, is set for the stockmarket to raise Tk 150 crore from investors to expand operations. The company held a roadshow at Dhaka Sheraton Hotel yesterday for price discovery under the newly introduced book-building method
GP signs deal on RTIA
Grameenphone signed a memorandum of understanding (MoU) with the Information Commission to help raise citizens’ awareness by sending free text messages yesterday. Grameenphone (GP) will now disseminate public awareness messages under the Right to Information Act (RTIA) to the 70 million mobile clientele and help implement the
Nokia’s Ovvigota programme ends
Oviggota, an initiative of mobile phone manufacturer Nokia to empower the final year university students with experience of corporate life, ended at Spectra Convention Centre in Dhaka on Sunday. Nokia Emerging Asia took up the project, Oviggota, few months ago to equip the students with basic skills for enabling the leap towards corporate
Sajeeb Group launches consumer offer
Sajeeb Group inaugurated a consumer offer on Sajeeb Ready Mix Bhuna Khichuri with the title of ‘Sajo Sornalongkare, Maato Bhuna Khichurir Saday’on Sunday. In every purchase of 50-gram pack of Sajeeb Ready Mix Bhuna Khichuri (mug dal, mosur dal, mixed dal), a consumer will get a scratch card and by rubbing this scratch card will ... Read more
BASIC Bank holds branch managers’ conference
The first conference of branch and operational managers of the BASIC Bank Limited was held in Dhaka Saturday. The bank’s chairman Sheikh Abdul Hye Bacchu appreciated the efforts of the officials in making an operating profit of Tk 215 crore in the year
New DMD for Prime Bank
Md Golam Rabbani was promoted as deputy managing director of Prime Bank recently. Prior to this assignment, he was the senior executive vice president of the bank, said a statement. Rabbani started his career in 1977 in Bangladesh Shilpa Rin Sangstha and joined Prime Bank on
Windmill Infotech, NITS Service sign deal
Windmill Infotech Limited, a call centre operator, and NITS Service Pvt Ltd, a vehicle tracking GPS hardware and software provider, signed a deal at Banani in Dhaka on Thursday. Md Tanjirul Basher, chief executive officer of Windmill Infotech, Arup Kumar Chaki, CTO of NITS Service (Pvt) Ltd, and Al-Monsul Aklim Ahmed, CMO of NITS Service ... Read more
Panasonic launches novel tech products
Japanese electronics giant Panasonic launched its multifunction printers and hybrid IP-PBX systems for the Bangladesh market in Dhaka yesterday to meet communication needs of small- to mid-size offices. Panasonic’s KX-TDA 100D hybrid IP-PBX system provides the features and flexibility to handle corporate communication needs of today and future, said Hiroyuki Fukuda, chief engineer of
Salt farmers seek ban on import
Salt producers in Cox’s Bazar on Saturday demanded a ban on ‘unnecessary’ salt import from India and Myanmar to protect the sector. They also demanded that the government should have a strong mechanism to monitor the whole process from production salt to its marketing to reach the salt to retailers at lower
Sharp Aquos Quattron TV launched
Japanese Sharp Corporation launched its Aquos Quattron 3D television in Bangladesh ceremonially at Sonargaon Hotel in Dhaka on Saturday. Managing director of Sharp-Roxy sales (Singapore) H Tai and BM Nagano (Japan) group president Masami Hasegaua unveiled the model, said a
Mobile user numbers grow 31pc
The number of mobile subscribers in Bangladesh rose by nearly 31 percent last year to 6.86 crore despite high taxes on new connections, according to Bangladesh Telecommunication Regulatory Commission (BTRC). This is the highest ever increase in the growing mobile sector since the state-run BTRC started
Dhaka stocks fall on profit-taking sales
Dhaka stocks fell on Thursday after a two-day surge as investors went for profit-taking selling to minimise their loss in the recent share market crash, said market operators. The benchmark general index of Dhaka Stock Exchange shed 114.80 points, or 1.49 per cent, to close at 7,575.89 points, ending an eventful
Axiata partners with Motricity for mobile data service
Axiata, a telecommunication company, has recently entered into an agreement with mobile data solutions provider Motricity to launch a new mobile data service by enhancing users’ mobile internet experience. The agreement stipulates mobile data service to Axiata subsidiaries in the region including Robi in Bangladesh, said a news release. The other subsidiaries are Celcom in ... Read more
Dhaka stocks continue with gaining streak
Dhaka stocks sustained the gaining streak for the second day on Wednesday as investors continued to bulk purchase, buoyed by a number of government steps taken in their favour after six days of heavy fall and rowdy protests. The benchmark general index of Dhaka Stock Exchange advanced by 178.59 points, or 2.38