Business

Bata reopened its outlet on the New Elephant Road in Dhaka recently. Bata emerging market (west) managing director F Garcia inaugurated the store, said a news release. Managing director Rajeev Gopalakrishnan, business development consultant MA Quader, retail

Apple sold more than 1.7 mn new iPhones in the product’s first three days on the market, the California gadget maker said yesterday after its most successful launch ever. The iPhone 4, which features video calling, a crisper resolution screen and the ability to shoot and edit high-definition

Bank Asia opened its 10th SME service centre at Oxygen Circle in Chittagong on Thursday. President and managing director of the bank Erfanuddin Ahmed inaugurated the centre, said a news release. Bank’s deputy managing director SM Khorshed Alam and senior executive vice-president

Butterfly Marketing Ltd signed a contract with ATN Bangla to sponsor a cooking programme of the television channel in Dhaka on Sunday. Chairman and managing director of Butterfly Marketing MA Mannan and adviser (marketing and sales)

Tech Valley Networks Limited recently organised a function to celebrate the achieving of Cisco silver certified partnership at a hotel in Dhaka. TVNL chairman Asif Mahmood delivered the welcome speech at the function and managing director Mamonoor Rashid Shamim gave a presentation, said a

KFC, an international chain restaurant franchised by Transcom Foods in Bangladesh, has added two new items to its menu to delight food lovers. The first item — Tower Zinger Burger — is a “colossal version” of its regular Zinger Burger, while the second — Spicy Thai Rice — is a steamy plate of spicy savour, ... Read more

Nurul Alam Chowdhury has joined Social Islami Bank Limited as Deputy Managing Director. Prior to this he was the Additional managing director of Primeir BankLtd, says a press release. Chowdhury started his banking career in the then State Bank of Pakistan. Thereafter, he served in various

Bank Asia has elected Safwan Choudhury and Mohammed Lakiotullah as its vice-chairmen, the bank said in a statement yesterday. The election was held at the bank’s board meeting on Wednesday. Choudhury, a former president of Sylhet Chamber of Commerce and Industry, is also the senior

Walton has been crowned ‘Best Seller Award’ for its overwhelming sales performance in recently-held ‘Digital TV Expo-2010’ in the city organized by Event management firm EventPro. Leading brands and companies from home and abroad having digital display technology participated in this

Six mobile operators plan to seek judicial intervention as the last resort to preventing the upcoming telecom law, which they say will create a setback for the industry. However, the top brasses of these operators said they hope the government will not pass the law that is ‘unfriendly’ to the growing telecom and ICT sector, ... Read more

Emirates Airlines has introduced a new web-based mobile flight-booking system in Bangladesh, the company said in a statement yesterday. To facilitate this service, the air giant opened a new website: Mobile Emirates.com. Customers can easily book flights and access any other relevant information through this website

Pepsi Football Mania 2010, a promotion of Transcom Beverages Ltd, has received warm responses from people since its launch on May 19, said Khurshid Erfan Chowdhury, executive director of the Pepsi franchisee in Bangladesh. “We got around 3.50 lakh SMS in the one-month period, which is much higher than the SMS

Dhaka stocks bounced back yesterday, after a slump of two days, as the investors regained confidence. The benchmark index of the Dhaka Stock Exchange — DSE General Index — gained 106.41 points, or 1.74 percent, to 6,207.55. After the two days’ fall, the investors found it proper time to take positions on securities that

Walton showrooms all over the country are experiencing growing turnout of television customers on the occasion of FIFA World Cup-2010. According to relevant sources, from the beginning of World Cup excitement, everyday customers are thronging the Walton showrooms of Dhaka city, other metropolitan cities and district and

GMG Airlines has unveiled its new website at www.gmgairlines.com by bringing a fresh new look and increased functionality for the users. On the new cutting edge website, the users will find full details of GMG routes and schedules, contact details for its agents worldwide and a host of information about the company, says a

Md. Ezhar Hossain, ABAI, has recently assumed the office of the Managing Director of Prime Insurance Company Ltd. Prior to this assignment he acted as Managing Director of Asia Insurance Ltd for about ten years. Hossain is a Master of Commerce of Dhaka University and obtained BIA

The Premier Bank Ltd has launched a travel product “Premier Travel Card” (Premier TC), at Banani in the city on Monday. Chairman of Premier Bank Dr. HBM Iqbal inaugurated the function as Chief Guest while Vice Chairman BH Haroon, MP, Amader Somoy editor Naimul Islam Khan and Editor, Bhorer Kagoj Shamol Dutta were present on ... Read more

Leading garment exporter and publisher of the daily Samokal, AK Azad, has been elected president of Federation of Bangladesh Chambers of Commerce and Industry, the country’s apex trade body. The newly elected directors of the FBCCI board also unanimously elected Jasim Uddin and Mustafa Azad Chowdhury Babu as vice-presidents of the top

BRAC Bank opened its offshore banking unit at its Gulshan branch recently, the bank said in a statement yesterday. Syed Mahbubur Rahman, managing director of the bank, inaugurated the unit with other senior officials. “We have already made the first transaction — being a Bangladeshi bank — for Bangladesh Biman

Banglalion Communication Limited and mobile phone operator Citycell on Monday signed agreement to extend wireless internet service WiMAX in Dhaka and elsewhere in the country by the end of this year. Under the agreement, Banglalion will use the infrastructure of Citycell for making available the