Business

Md Zahurul Alam joined the Dhaka Stock Exchange as chief operating officer Monday, says a statement. Alam, a former brigadier general of Bangladesh Army, has been serving the bourse as a director, before the new appointment, since

Bangladesh Government on Monday signed two credit agreements totaling $157m for the ‘Empowerment and Livelihood Improvement Project, known as the Notun Jibon Project, and additional financing for the on-going Municipal Services Project. The agreement was signed at the Economic Relations Division. M. Musharraf Hossain Bhuiyan, Secretary, Economic Relations Division and

A six-day expo to display products made by Bangladeshi and Pakistani women entrepreneurs began in Dhaka yesterday. The expo, DOSTI-WETEX 2010, is taking place at Bangabandhu International Conference Centre. Shirin Sharmin Chaudhury, state minister of the women and children affairs ministry,

The government’s decision to allow businesses countrywide to keep open throughout nights after Ramadan 15 may turn fruitless unless some terms and conditions are relaxed, some shop owners have said. Only when the condition to keep the air coolers in shops inoperative, such whole night business might be effective, they

Real estate developer Rangs Properties Ltd (RPL) has offered value-added services with the apartments in its new project, Garden Square, under an Eid promotional offer. The offer includes options like fitted kitchen with kitchen hood and cabinet, lighting fixtures, built-in bedroom cabinets and room air-coolers, said a

Fashion designers this year appear to betting on past traditions in terms of making Eid clothes for girls. Different boutique shops have been keeping the old-fashioned semi-long Kameez as a new trend, instead of the short ones, for girls in this Eid. Well known fashion houses like Aarong, Nipun, Bunan, Banglar Mela, OG, Anjans are

The government of Bangladesh could save millions in goods, public works and services with a secure electronic procurement system, the World Bank country director said Sunday at a meeting that unveiled draft guidelines for e-procurement. Online bids for the $3 billion the government spends annually on supplies and contracts

The telecom regulator will introduce guidelines to set the spectrum price per mega hertz (MHz) for telecom, internet and other operators. However, spectrum-based service providers oppose such a change, as they now pay only the yearly spectrum fees. Under the new move, the regulator will impose new prices on per MHz spectrum

The number of mobile phone subscribers across the country surpassed six crore in July despite the mobile operators’ demand to the government for a cut in SIM taxes. The active mobile subscriber base reached 61.845 million at the end of July with the leading operator Grameenphone continuing to add large number of clients and state-run ... Read more

The 7th Women Entrepreneur Trade Expo (Dosti-WETEX) will be held from 24 to 29 this month at BICC in the city. State Minister for Women and Children Affairs Dr Shirin Sharmin Chaudhury is expected to inaugurate the Expo at Milkyway in BICC on August 24. A total of 120 women entrepreneurs from Bangladesh, Pakistan, India, ... Read more

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