Business

Aamra Networks Ltd, a corporate ISP of Bangladesh, presented its value added services at the CommunicAsia, one of the biggest business-to-business ICT exhibitions in Asia, in Singapore last month. This was the first time a separate pavilion was allocated for Bangladesh in the CommunicAsia that

Citycell has recently joined hands with the society for Community-health Rehabilitation Education and Awareness (CREA) to save the natural environment through newspaper recycle. Citycell CMO Kafil HS Muyeed handed over newspapers to Tarun Kanti Gayen, CEO of CREA at a

A three day long ‘Loko Sangeet Utshov-2010’, held in Rangpur town hall, ended recently. The event, which took place from the 1st of July till the 3rd was sponsored by Banglalink. Sirajuddin, a prominent bhawaiya artiste, inaugurated the Bhawaiya Utshov 2010. Assifuzzaman Khan,

An agreement of remittance arrangement was signed between Islami, Bank Bangladesh Limited (IBBL) and Prabhu Money Transfer, USA on Thursday. Md. Habibur Rahman, deputy managing director and Head of International Banking Wing of IBBL and

Prime Bank Limited opened its 9th SME centre at Tekerhat in Madaripur on Sunday. Vice-chairman of the bank Quazi Sirazul Islam inaugurated the centre as chief guest, said a news release. M Ehsanul Haque, managing director of the bank, presided over the opening

Eastern Bank Limited (EBL) has opened its 58th ATM booth at Nasirabad in Chittagong recently. Deputy Managing Directors of EBL Mamoon Mahmood Shah and M Fakhrul Alam formally inaugurated the new booth while Ziaul Karim, Head of Marketing, Md. Musa, Area Head Consumer Banking,

Stocks returned to the black yesterday, following the resumption of trade in the new fiscal year, riding on the speculations of investors about good half yearly financial disclosures, especially from banks and non-banks. The banks and non-banking financial institutions, especially those having capital market wings,

With the theme “Light up the technological light” a three-day Dhaka Laptop Fair 2010 is going to start from July 7-9 at the Bangabandhu International Conference Center (BICC), will be organized by Maker Communication. Acer, Toshiba, Lenovo, and Samsung are the four sponsors and HP is the promotional partner of

Chevron Bangladesh accorded a grand reception to honour the students who received A and A+ in the last SSC examination held at Nadampur High School premises, Bibiyana, Habiganj recently. Dale Brown, Director, Asset Development of Chevron Bangladesh was present as Chief Guest while as Special Guest Katie Brown, Khaled Ahmed Pathan, Chairman, Managing Committee of

Dutch-Bangla Bank awarded scholarships to 109 meritorious but needy students including eight physically disabled students who passed HSC Examination in 2009 and studying at graduate level in different disciplines including commerce, business, medical, engineering, agriculture, etc.  Atiur Rahman, governor of Bangladesh Bank was present as the chief guest and gave away the

With the growing global market for crocodile products, the country’s lone crocodile farm is now offering such products in the local market on a limited scale alongside its exports abroad. The Reptiles Farm Ltd now offers crocodile eggs, teeth, and live crocodiles for the local market on a

Dhaka stocks edged down last week, as profit-booking sales and a price fall in the telecom sector shadowed the market. The benchmark index of Dhaka Stock Exchange — DSE General Index — fell 36.17 points, or 0.58 percent, to 6,153.68. Many investors, including institutions, booked profit ahead of the half-yearly

The operating profit of the private commercial banks increased by nearly 60 per cent in the last six months compared to the profit made during the previous six month period, official sources said. The 2010 half yearly report of the banks show that profits of different banks increased by 33 to 60

Rajat Kumar Gupta became chairman of the International Chamber of Commerce and Industry while Stephen K Green was elected as vice chairman on Thursday. The new leaders were elected by ICC’s World Council during its meeting in Hong Kong, where 80 of ICC’s business members from 45 countries participated, said a

Bank Alfalah Ltd. has signed an MOU recently and handed over a cheque to the Shabab Murshid Development Foundation – a non profit organisation for development, research and cultural learning focusing the rights of children and youth, and has been working since 2005 in Bangladesh to

Dhaka Bank Limited recently joined omnibus, a platform of shared automated teller machine and point of sales networks led by BRAC Bank Limited. BRAC Bank managing director and chief executive officer Syed Mahbubur Rahman and Dhaka Bank managing director Khondker Fazle Rashid signed an agreement in the city in this connection,

The stockmarket regulator has imposed an additional Tk 200 in annual maintenance fee on each beneficiary owner (BO) account. The decision effective from July takes the total annual maintenance fee to Tk 500. The Securities and Exchange Commission (SEC) took the decision at a meeting yesterday in a bid to

United Commercial Bank Limited, one of the oldest private banks in the country, celebrated its 27th anniversary on Tuesday. Officials of the bank, in a press meet in the city’s Sheraton Hotel, asserted that the institution was looking forward to expand its financial activities in the coming

Marico Bangladesh Ltd (MBL) has unveiled a new hair care product for the Bangladeshi beauty conscious women recently in Dhaka. MBL, a subsidiary of the Indian leading skin and hair care conglomerate, started operation in Bangladesh in 2002, acquiring Arometic and Camelia branded

AmCham luncheon meeting told The government’s recent move to bring changes to the telecom laws is sending a wrong signal to foreign investors about the investment climate in the country, said a member of American Chamber of Commerce (AmCham) in Bangladesh yesterday. Telecom is the most vibrant sector, which alone attracted the highest amount of ... Read more