Business

The duration of the month-long Dhaka International Trade Fair has been extended by a week, said an Export Promotion Bureau notification on Tuesday. The bureau, which has organized the trade event, said it had been requested by local and foreign companies that have participated in the fair and visitors to extend the fair duration. ‘Business ... Read more

The 19th meeting of the Board of Directors of Maksons Spinning Mills Ltd. was held on Monday at the Corporate Office of the company in the city’s Uttara area. The Meeting was chaired by its Chairman Abdul Ali in presence of the Managing Director Mohammad Ali Khokon and other Directors of the Board. In the ... Read more

For the first time, the stock market reach to a new high with the benchmark index crossing 5,000 points on Thursday following the news of Grameenphone setting up a subsidiary company. The key index of Dhaka Stock Exchange gained 96.62 points, or 1.93 per cent, to close at 5,095.21 on the closing trading day of ... Read more

Staff of Standard Chartered Bank Bangladesh participated in the “Last Hour Campaign” that was launched by the banking group across its markets. This is a voluntary campaign where the staff donated their last hour’s worth of salary in 2009 to Seeing is Believing (SIB), a sustainability initiative that helps to restore sights of visually impaired ... Read more

Dhakamiror.com India’s largest wireless service provider, Bharti Airtel is set to introduce its acclaim ‘Airtel’ brand in Bangladesh after acquiring a majority (70 percent) stake in Warid Telecom, the fourth largest player in the country out of six. Before eying Bangladeshi telecom market Bharti Airtel launched its 2G and 3G service in Sri Lanka one ... Read more

The country’s insurance companies performed well last year beating back the anticipated impact of global economic recession as business returned to normalcy under the new democratic government, reports BSS. Insurance business turnover surpassed Taka 6,000 crore last year with life insurance alone having a record of Taka 5,000 crore deals. Its growth rate stood at ... Read more

ICB ISLAMIC MUTUAL FUND At the close of operation on January 5, the fund declared NAV of Tk 293.61 per unit on the basis of current market price and Tk 222.01 on the basis of cost price against face value of Tk 100. The total net assets of the fund stood at Tk 29.36 crore ... Read more

State-run landline operator BTCL added more than one lakh customers in the three months after it announced free connections at upazila levels in July 2009. The company subscriber base reached close to 10 lakh at the end of September 2009, according to Bangladesh Telecommunications Company data. With the addition of new customers, BTCL had 9.72 ... Read more

Grameenphone Ltd. has partnered again with the Bangladesh government in the government’s efforts to eradicate the re-emergence of polio in Bangladesh through National Immunization Day (NID) awareness building campaign. The NID has been organized to immunize 24 million children in Bangladesh under the age of five. Grameenphone was also partner of the mass awareness campaign ... Read more

Rahimafrooz has launched its global battery brand GLOBATT for the automotive and inverter applications in the Indian market recently. The occasion was also highlighted by the inception of Rahimafrooz Batteries Ltd office in Delhi and branch offices in Ahmedabad and Kolkata, said a news release. With its state-of-the-art manufacturing plant situated at Ishwardi EPZ, Rahimafrooz ... Read more

The Showcase Bangladesh 2010, a three-day exposition of Bangladeshi products and services, got underway in the Malaysian capital Kuala Lumpur on Friday. Malaysian minister of international trade and industry Dato Mustapa Mohammad and Bangladesh commerce minister Faruk Khan inaugurated the fair at the Putra World Trade Centre. A total of 45 business houses and banking ... Read more

QUBEE internet service has transformed the Dhaka International Trade Fair area into a WiMAX internet zone providing free internet service to pavilion owners and visitors, said a news release. Anyone can use QUBEE internet for free for the whole month at the fair covering 75,000 square metres on their personal computers, laptops and mobile phones, ... Read more

City Bank opened its ninth SME service centre at Jatrabari in Dhaka recently. Deputy managing director (operations) of the bank Raihan Ul Ameen inaugurated the centre with online SME and retail banking, said a news release. Bank’s head of business development

Jamuna Bank Ltd opened its branch at Rayerbagh in Dhaka recently. Director of the bank Golam Dastagir Gazi inaugurated the branch, said a news release. Md Ismail Hossain Siraji, vice-chairman, MA Salam, deputy managing director of the bank, Nur Mohahammed, chairman of Jamuna Bank Foundation, and local elites and businessmen were present on the

Pubali Bank Limited inaugurated its 384th branch at Banasree in Dhaka recently. Bank’s directors Ahmed Shafi Chowdhury and M Faizur Rahman inaugurated the branch, while managing director Helal Ahmed Chowdhury presided over the function, said a news release. Bank’s general services and development division general manager Shafiul Alam Khan Chowdhury

Samorita Hospital Limited approved 15per cent bonus dividend the 24th Annual General Meeting (AGM) of the company held in Dhaka recently, says a press release. Chairman of the company Prof. Abu Ahmed Chowdhury presided over the AGM, which was

Annual Marketing and Sales Conference 2010 of ACI Pharmaceuticals was held at Cox’s Bazar recently. Members of Marketing and Sales team of the organisation participated in the daylong conference. Managing director of ACI Limited Dr. Arif Dowla inaugurated the conference. In his speech, Dr. Dowla praised ACI Pharma team for outstanding accomplishment in 2009 and ... Read more

Axiata (Bangladesh) Ltd. (AXB), one of the leading telecommunication cCompanies in Bangladesh, operating under the brand name Aktel, has signed an enterprise agreement with the world-leading software company, Microsoft. Michael Kuehner, managing director and CEO of Axiata (Bangladesh) Limited and Feroz Mahmud, country manager, Microsoft Bangladesh signed the enterprise agreement on behalf of their