Business

Sultan-Ul Abedin Mollah has recently joined Fareast Islami Life Insurance Company as deputy managing director for administration, says a statement. Prior to the new appointment, Mollah was the senior executive vice president and company secretary of

A day long workshop of “Management of Financing SME” for the Officers of Pubali Bank Ltd (PBL) organised by Pubali Bank Training Institute held recently. Managing Director of PBL Helal Ahmed Chowdhury attended as chief guest in inaugural session while as special guest PBL DMD Mahbub Mustafizur Rahman was present and General Manager of Bangladehsh ... Read more

BRAC Bank has recently launched Collection And Recovery Management Application (CARMA) — a technological platform that automates collection process. The bank is the first local one to install such a system which is expected to bring further efficiency in recovery process, said a news

Rajeev Gopalakrishnan, Managing Director of Bata Shoe Company (Bangladesh) Ltd has recently unveiled more than 300 designs for Eid-ul-Fitre collections. Yee Siew NG, Chief Financial Officer, MA Quader, Consultant Business Development, M Habibur Rahman, Head of Human Resources, SAM Yousuf, Retail Manager, Ruhul Amin, Non Retail Sales Manager, Zahidul Huda, Advertising and

Dhaka stocks continued to rally for the third session in a row Thursday, taking the indices to another high. The benchmark DSE General Index (DGEN) rose 0.34 per cent or 23.37 points to end at 6,743.20, outpacing all time high of 6,633.46 recorded in the previous session. The gain was led by banking, engineering and ... Read more

Singapore has proposed to take some 40,000 trained Bangladeshi women as domestic help. The proposal came on Thursday as a delegation of Singapore Association of Employment Agencies called on expatriate welfare and overseas employment minister Khandaker Mosharraf Hossain at the secretariat in Dhaka. The delegation informed the minister that Singapore would recruit 1.90 lakh domestic

A three-day fair with a focus on green trade, environment and eco-tourism began at Bangabandhu International Conference Centre in Dhaka yesterday. Dr Ainun Nishat, environmentalist and vice-chancellor of Brac University, inaugurated the fair as a special guest. Despite being a low carbon-emitting nation, Bangladesh unfortunately suffers more

The Express Systems Limited on Wednesday launched a range of video conferencing and internet telephony products of AddPack in the country. The ESL will distribute various AddPack products for IP (internet protocol) telephony, VoIP (voice over internet protocol), video surveillance, and video

Experts warn market becoming ‘too risky’ The bullish Dhaka stocks continued to soar on Wednesday reaching new heights amid experts’ warning that the market had become ‘too risky’ for investors, especially newcomers. The benchmark general index of the Dhaka Stock Exchange crossed the 6700-point mark for the first time on Wednesday to close at 6,719.83 ... Read more

United Airways (BD) Ltd yesterday unveiled “Welcome Bangladesh,” the private carrier’s first in-flight magazine. “We are very happy to have been able to publish such a magazine for our passengers,” said Tasbirul Ahmed Choudhury, chairman and managing director of the airline, while unveiling the 44-page four-colour publication at a ceremony at

Md Asraful Islam, a farmer of Gohangachhi village of Dinajpur Sadar upazila, recalls life before cell phones with no fondness. He had to travel for his seeds, to the market and for meetings with local officials on policies and pesticide use. It was slow and unpredictable. “Before using a cell phone, I had to move ... Read more

Bata now looks to expand business, setting up more ‘large format stores’ countrywide in the next few years, as officials of the multinational shoemaker said. “We’re looking to set up 15 more retail outlets in Dhaka by the year-end,” Rajeev Gopalakrishnan, Bata’s managing director for Bangladesh, told a

A three-day fair with a focus on green trade, environment and eco-tourism starts tomorrow. The fair to be held at Bangabandhu International Conference Centre will pull in 70 organisations from nine countries, including Australia, Sweden and Denmark. MA Hakim, chairman of the fair organising committee, said the purpose of organising

Standard Chartered Bank, Bangladesh, has received ‘Asia’s Best Brand Award’ among banking and financial services providers, presented by CMO Asia Awards for excellence in branding and marketing, said a news release. The CMO Asia Awards are first of its kind accolades recognising organisations, chief marketing officers and professionals who have shown leadership in building brands ... Read more

The Securities and Exchange Commission (SEC) last week has recommended for relaxing the IPO (initial public offer) rules to encourage non-listed companies to go public. The Consultative Committee of the SEC in a meeting observed that any company with at least Tk 25 crore in paid-up capital, including the IPO offer size, should be allowed ... Read more

Bangladesh’s largest private carrier GMG Airlines expanded its footprint in Kingdom of Saudi Arabia (KSA) by launching flights from Dhaka to Jeddah on August 8. The respective civil aviation authorities of the two countries have given GMG Airlines permission to operate 10 flights per week. GMG Airlines will operate six flights from Dhaka to Jeddah ... Read more

A parliamentary watchdog on Sunday asked the authorities concerned to set realistic export targets for Bangladeshi missions abroad as the existing system of fixing yearly export goals appeared unreasonable. Our missions abroad frequently fail to achieve their targets as no study is done before

Grameenphone led yesterday’s rally on the premier bourse, as stocks soared 1.5 percent for a second day of strong gains. The benchmark index of the Dhaka Stock Exchange — DSE General Index — jumped 94 points to 6,436. Grameenphone, the sole constituent in the telecom sector, rose nearly 50 points based in

Benchmark attracts leading brands in Nepal, fights Indian majors Local advertising and brand solution provider Benchmark has started a full-fledged subsidiary company in Nepal marking Bangladeshi advertising industry’s step into the age of going global. ‘TBWA\Benchmark Communication Nepal has started its full-fledged operation from early

Marking a milestone in the shipbuilding industry, Western Marine Shipyard Ltd has rolled out two ice-class vessels. “These are specially designed vessels,” said Md Saiful Islam, chairman of Western Marine. Ice-class ships have strengthened hulls to enable them to navigate through