Staff Reporter : Chief Adviser Professor Dr Muhammad Yunus on Thursday called upon the business community to join forces in building a new and prosperous Bangladesh. He emphasised the need for a collaborative effort to boost productivity, capacity, and competitiveness, ensuring the country can compete effectively on the global stage. Speaking at the “National Business Dialogue” hosted by the International Chamber of Commerce, Bangladesh (ICCB) at a Dhaka hotel, the Nobel laureate said, “The businesspeople must unite as one team...
Day: September 13, 2024
Staff Reporter : The Swiss government has expressed its commitment to collaborate with Bangladesh in repatriating illegal funds deposited by Bangladeshi nationals in Swiss banks, in line with international standards and procedures. This assurance was given by Swiss Ambassador to Bangladesh, Reto Siegfried Renggli, during a meeting with Foreign Adviser Md Touhid Hossain at the Ministry of Foreign Affairs. During the discussions, Adviser Hossain sought Switzerland’s assistance in identifying and recovering illegal assets held in Swiss banks by certain Bangladeshi...
Special Report : Summit LNG Terminal Co Pvt Limited (SLNG) has successfully restored operations and is now fully equipped to...
Court Correspondent : Sylhet Speedy Trial Tribunal on Thursday granted bail to former State Minister for Home Affairs Lutfozzaman Babar...
Business Report : Tarek Reaz Khan has recently joined NRB Bank PLC as managing director for a 3-year tenure. Prior...
Business Report : Rupali Bank PLC’s Barisal Division Business Conference 2024 was held on Tuesday, 10 September, at the Bangladesh...
Business Report : The government has appointed Md Sayed Ali, deputy secretary of the central digital cell under the Ministry of Commerce, as the E-Commerce Association of Bangladesh (e-CAB) administrator.The appointment was announced on Wednesday, as the entire e-CAB executive board stepped down followed by the 5 August Awami League regime change. The administrator’s mandate includes overseeing the transition and organising fair elections within 120 days, according to a commerce ministry notification. Through the polls, the association’s responsibilities will be...
Business Report : Huawei and Walton have signed a contract to produce lithium batteries in Bangladesh for telecom BTS (Base Transceiver Station). Pan Junfeng, CEO of Huawei Bangladesh and SM Rezaul Alam, Chairman of Walton Digi-Tech Industries Ltd sign the contract at Huawei Bangladesh Academy on Thursday.Ambassador of China to Bangladesh Yao Wen attended the event as the chief guest while Managing Director of Walton Digi-Tech Industries Limited SM Monjurul Alam Ovee and Director of Tower Infra of Grameenphone along...
Business Report : The interim government has appointed Mohammad Jainul Bari, the immediate past chairman of the Insurance Development and Regulatory Authority (Idra), as the new chairman of the board of directors of Sadharan Bima Corporation, the finance ministry said in a circular on Thursday.Bari has been appointed on a contractual basis for a three-year term.He officially resigned from Idra on September 5. He was appointed as the Idra chairman on a contractual basis on June 15, 2022 for a...
Business Report : The Bangladesh Financial Intelligence Unit (BFIU), a wing of the country’s central bank responsible for investigating money laundering, has fined Asia Insurance Limited and its officials for embezzling Tk 2.27 crore of policy premium through forgery, according to official documents.The misappropriation by the non-life insurer involved TVS Auto Bangladesh Limited, which collected initial insurance policy papers for opening over two dozen letters of credit (LCs) in 2021 and 2022 to import goods.Two-wheeler manufacturer TVS Auto says it...
Business Report : Chinese Company Tianhui Button (BD) Limited will establish a garment accessories manufacturing industry in Cumilla Export Processing Zone (Cumilla EPZ).They will invest $4 million to produce 700 million pcs of different kinds of buttons like plastic button, resin button, ABS button, metal button and PU leather accessories. This foreign company will create job opportunities for 139 Bangladeshi nationals, said a press release.In presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, an agreement to...