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,
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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
IDLC Securities Limited opens eighth branch in Narayanganj
IDLC Securities Limited has recently opened its eighth branch in Narayanganj. IDLC Finance deputy managing director Arif Khan, who is the president of the Bangladesh Merchant Banker’s Association, inaugurated the branch, 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
ICE Technologies to provide HRM solution for Jamuna Bank
Jamuna Bank has chosen IFS Applications as its preferred HRM solution. ICE Technologies Limited, the country distributor of IFS, has signed an agreement with Jamuna Bank recently to initiate the automation process, said a
OneCall Solutions inks deal with Getco Business Solutions
OneCall Solutions Limited has signed an agreement with Getco Business Solutions Limited in Dhaka recently. Under the agreement, OneCall Solutions Limited will provide call centre solutions to Getco Business Solutions Limited, said a
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