Day: September 14, 2024

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...

AFP, Mumbai : India’s Adani Group has denied involvement in a money laundering and securities fraud probe that reportedly saw the freezing of more than $310 million in funds stowed in Swiss bank accounts. US short-seller Hindenburg Research, a longtime critic of the Indian conglomerate, cited court records reported on by Swiss media outlet Gotham City in making the claim on X on Thursday night. “Swiss authorities have frozen more than $310 million in funds across multiple Swiss bank accounts...

BSS, Dhaka : Bangladesh has shown promising growth in its information technology (IT) sector, especially in software development and IT-enabled services, said a global report on ‘Digital Trade for Development’. Prepared by the staff of the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the United Nations Conference on Trade and Development (UNCTAD), The World Bank, and the World Trade Organization (WTO), the report shows that the adoption of e-commerce in Bangladesh, especially business-to-business (B2B) e-commerce...

Business Report : Alliance Finance PLC (AFPLC) made a donation as part of its Corporate Social Responsibility (CSR) to SAJIDA Foundation to support flood victims, where SAJIDA Foundation has been running a project called Emergency Flood Relief: Rescue, Nutrition & Dignity Support in the flood-affected areas of the country. In an event organized recently at the head office of SAJIDA Foundation, Kanti Kumar Saha, chief executive officer of AFPLC, handed over a cheque to Md Fazlul Hoque, senior adviser of...