Business

A survey has found that 65 percent of businessmen think the energy crunch is the biggest setback to investment. Forty-eight percent of the businessmen say it is the increased cost of raw materials that constraints investment. The findings of the Business Confidence Survey (January-March) conducted by International

Standard Chartered Bank recently has launched yet another Financial Kiosk- first of its kind ever launched in Bangladesh. This 3rd Kiosk is located at Moghbazar, equipped with an ATM, a Billspay Machine, a Contact Centre Hotline & an Internet Banking Kiosk. In addition, there are Service Staffs at the kiosk to address customer queries and

Mobile phone operator Robi has recently launched setting up computer corners on college campuses across the country. The programme was inaugurated at Shaheed Mashiur Rahman Degree College at Jhikargachha upazila in

Unique Business Systems Ltd (UBSL) has arranged large screen for the viewers of World Cup Football-2010 beginning on June 11 at Johannesburgh, says a press release. If any one buys a TV of this brand for taka 46,000.00, he will get free large screen. A brightness 2800ANSI lumens combined with a 3000:1 Contrast Ratio, DLP ... Read more

More than 3.5 lakh people in 42 districts are now internet aware through Nokia’s Ovijan campaign. Nokia, a leading company of mobile devices in world, is bringing internet closer to reality in Bangladesh to drive internet literacy and create email identities for next generation

Nizam Uddin Ahmed, Vice-Chairman of Bangladesh Insurance Association has been elected as director of FBCCI for the period 2010-2012. Nizam is the Chairman of Meghna Life Insurarce Co. Ltd. and Karnaphuli Insurance Co. Ltd . He is also

Mercantile Bank held a press conference on its 11th founding anniversary at Dhaka Sheraton hotel yesterday. The managing director and chief executive officer Dewan Mozibur Rahman read the written statement of the bank. Chairman of the bank Md. Abdul Jalil, vice-chairman M. Amanullah and Anwarul Haque,

Green Delta Financial Services Ltd (GDFSL) has opened its sixth branch as a panel broker of Trust Bank Ltd in Dhaka recently. Nasir A Choudhury, chairman of GDFSL, and M Shah Alam Sarwar, managing director of Trust Bank, inaugurated the branch at People’s Insurance Bhaban in

MTB Securities, stock brokerage arm of Mutual Trust Bank, opened its Rajshahi branch at 419, Parents Plaza, Alupatty, Ghoramara, Rajshahi on Monday. Rajshahi University pro-vice-chancellor Muhammad Nurullah inaugurated the branch as chief

Prime Bank Limited opened its 85th branch at Pabna in an inauguration ceremony held recently. Quazi Sirazul Islam, Vice Chairman of the Board of Directors of Prime Bank Ltd. inaugurated the Branch as Chief Guest. while M. Reazul Karim, Deputy Managing Director of the Bank presided

Rahimafrooz Distribution Limited has recently re-launched its new sales and service centre at Noor Mansion of Agrabad in Chittagong. In addition to displaying wide array of renowned brands like Dunlop tyre, Lucas battery, Castrol Lubricating Oil, Daewoo electronic item, GE lighting, Hager switching products, Rahimafrooz IPS

A four-day ice cream festival, jointly organised by the Dhaka Sheraton Hotel and ice cream brand IGLOO, begins at the Lobby Café in the hotel tomorrow. Ice cream lovers will be able to enjoy unlimited ice cream for Tk 500 per person during the third ‘Sheraton IGLOO Ice cream Festival,’ said one of the organisers ... Read more

The government is going to set up a specialised industrial park at Gazaria in Munshiganj district for the country’s burgeoning pharmaceutical sector, industries minister Dilip Barua said. Ground breaking for the proposed Tk 233 crore project would be held in mid-June, the minister

Infrastructure Development Company Ltd (IDCOL), a state-run non-bank financial institution, will observe the Biogas Week 2010 starting here today. On the first day, Majpara union in Atgharia upazila, Pabna will be declared a ‘biogas union’. IDCOL also plans to set up 12,000 biogas plants in the country, IDCOL officials told the

Eminent banker Mohammad Abdul Mannan has taken over the charge of managing director of Islami Bank Bangladesh Limited from May 19, 2010. Mohammad Abdul Mannan who carries with him 27 years of experience in Banking, started his

Eastern Bank Ltd opened a billspay centre at Bashundhara Residential Area in Dhaka on Wednesday. Playpan Centre principal Sabera Parveen Harun and EBL consumer banking head Mohd Musa inaugurated the centre, said a news

Grameenphone and CARE Bangladesh recently signed a memorandum of understanding to initiate a rural sales programme. Arild Kaale, chief marketing officer of Grameenphone, and Nick Southern, country director of CARE Bangladesh, signed a memorandum of

Agora, a leading chain supermarket, opened its first outlet in Chittagong yesterday. With a commitment to offer hassle-free shopping in a comfortable atmosphere, the first Agora outlet outside Dhaka started its journey in an 11,000 square feet store at Afmi Plaza, just beside

The Asian Development Bank (ADB) has appointed Thevakumar Kandiah as country director for its Bangladesh Resident Mission, the donor agency said in a statement yesterday. He succeeds Paul J Heytens, who has been assigned as country director to the ADB resident

Bank Asia opened its 9th SME service centre at Basabo in Dhaka on Wednesday. Director of the bank Faisal Samad inaugurated the centre, said a news