Wednesday, November 20, 2024

DBBL opens SME/Agriculture branch in Sylhet

Dutch-Bangla Bank has opened its SME/Agriculture branch at Dhaka Dashkin under Golapganj upazila in Sylhet on Monday. That was the bank’s 84th branch. Bank’s managing director Md Yeasin Ali inaugurated the branch. Among others,

Prime Bank holds seminar on role of zakat

Prime Bank organised a seminar on ‘Role of zakat in eliminating poverty’ on Monday. Bank’s executive committee chairman Imam Anwar Hossain was present as chief guest while managing director M Ehsanul Haque presided over the meeting, said a news

Merchant bankers urge SEC to review loan calculation method

Leaders of the Bangladesh Merchant Bankers’ Association on Monday requested the Securities and Exchange Commission to review its decision to impose a net asset value based calculation system for margin loan. They urged the commission to allow market price based margin loan, even by lowering

Eskayef gets Australian certification

The Therapeutic Goods Administration (TGA) of Australia accredited Eskayef Bangladesh Ltd, a leading local pharmaceutical, for its new world-class facility at Tongi. Eskayef is the only company in Bangladesh that achieved both the UK MHRA and TGA, Australia. “It is one of the toughest registration processes for pharmaceuticals in the

GMG to operate scheduled flights during Hajj period

The country’s largest private carrier GMG Airlines will operate scheduled flights from Dhaka to Jeddah during the upcoming hajj period. However, any passenger wishing to perform holy hajj can avail GMG’s scheduled flights to Jeddah in this regard, said a news

GMG to operate scheduled flights during Hajj period

The country’s largest private carrier GMG Airlines will operate scheduled flights from Dhaka to Jeddah during the upcoming hajj period. However, any passenger wishing to perform holy hajj can avail GMG’s scheduled flights to Jeddah in this regard, said a news

StanChart closes 1st metal derivative transaction

Standard Chartered Bank and Energypac Engineering Ltd closed the first metal derivative transaction in Bangladesh. The deal, a Floating to Fixed London Metal Exchange Copper Swap, will help Energypac to protect itself against adverse movements in copper prices and to effectively manage their copper

Bata launches gift voucher

Bata Shoe Company (Bangladesh) Ltd has introduced ‘Bata Gift Voucher.’ Bata Shoe Company (Bangladesh) Ltd chief financial officer Mc Yee Slew NG inaugurated the offer in Dhaka on Sunday, said a news release. Bata gift vouchers are like cash coupons that can be used by customers to make

Mercantile Bank opens 57th branch in Mymensingh

Mercantile Bank has opened its 57th branch at Chhoto Bazar in Mymensingh town. Chairman of the bank Md Abdul Jalil inaugurated the 57th branch as chief guest on Sunday, said a news release. Local lawmaker Motiur Rahman, bank’s Audit Committee of the Board chairman

Air passengers’ number drops as manpower export falls

In recent years due to massive manpower export fall since global financial meltdown Bangladesh’s main aerodrome Hazrat Shah Jalal Airport in Dhaka suffered a decline in the number of passengers, according to an official record. Officials at the Civil Aviation Authority of Bangladesh (CAAB) say the decline in

Robi’s profits boom in Apr-Jun

Mobile operator Robi’s profits rebounded to Tk 34.1 crore in the second quarter of the year, after a sharp fall in the first quarter, according to Axiata Bangladesh, Robi’s owner. According to Axiata’s financial report, Robi earned its highest-ever quarterly revenue in the second quarter, touching Tk 34.1 crore. It had dived to Tk 6.2 ... Read more

Microcredit alone can’t cut it

PKSF boss speaks on new solutions to poverty Microcredit alone cannot eradicate poverty as it needs training, education and housing also to effectively use the credit to attain sustainable development, said Quazi Mesbahuddin Ahmed, managing director of Palli Karma-Sahayak Foundation (PKSF), yesterday. The PKSF boss said this while speaking at a seminar on microcredit organised ... Read more

Brand Forum’s leadership summit set for Oct 2

Bangladesh Brand Forum (BBF) is set to organise a ‘leadership summit’ to encourage local companies and entrepreneurs to participate more effectively in uplifting economic activities. The one-day summit set for October 2 will focus on various issues, including strategic planning, marketing, branding and leadership in its different sessions, said Shariful Islam, founder of

Nokia brings dual-SIM mobile in Bangladesh

Mobile phone manufacturer Nokia has recently announced the sales start of Nokia C1-00 in Bangladesh to add up to the Eid celebrations. Nokia C1-00 is the first Nokia mobile phone to offer the convenience of a device that can cater for subscribers who have two SIMs, said a

Mini Mart makes Chittagong debut

Midas Financing provides financial help Mini Mart, a chain shop set up and run by women entrepreneurs, made a foray into the port city of Chittagong yesterday, following its success in Dhaka. In his address to the inaugural as the chief guest, Industries Minister Dilip Barua said the government would provide all support for women ... Read more

PBL fixes lowest rate of interest

A meeting was held recently at Pubali Bank Head Office with the participation of all senior Executives and Officers of Pubali Bank Ltd (PBL). They exchange their views in the meeting regarding consumers credit Loans. Managing Director of PBL Helal Ahmed Chowdhury presided over the Meeting while Deputy Managing Directors of the Bank Mahbub Mustafizur ... Read more

Robi selects Ericsson to expand network

Mobile operator Robi is set to modernize and expand its network across the country. It has already embarked upon a series of programmes to enhance its quality of service, mainly by upgrading its technical resources. In this regard, the company has recently chosen Ericsson to supply and install microwave MINI-LINK transmission system