Business Report : A daylong training and awareness program titled “AML & CFT Compliance & Awareness” arranged by AML & CFT division of Prime Bank, held recently in a conference hall at port city. The program was inaugurated by Arief Hossain Khan, executive director of Bangladesh Bank, Chattogram Office as chief guest. Md Arifuzzaman, director, Bangladesh Bank, Chattogram was present as special guest. The program was chaired by Md Ziaur Rahman, DMD & CAMLCO of Prime Bank. Md Iqbal Hossain,...
BSS, Dhaka : Bangladesh Archery team returned home on Tuesday morning after participating in the Final World Quota Tournament and 2024 Archery World Cup Stage-3 which was held in Antalya, Turkey recently. Bangladesh Archery Federation (BAF) General Secretary Kazi Rajib Uddin Ahmed Chapol greeted the National Archery team with bouquet at the Hazrat Shahjalal Int’l Airport in the city. BAF Assistant General Secretary Roshiduzzaman Serniyabat, it’s Treasurer Md. Anisur Rahman, Executive Members Farque Dhali and Dr. Md Ahsanul Karim, and...
Business Report : Chinese company Alpen Banyan Garments BD Co Ltd will invest $108.99 million in the Bangladesh Export Processing Zones Authority (Bepza) Economic Zone. An agreement to this effect was signed in Dhaka on Tuesday, according to a press release. Under the deal, the company will set up a garment manufacturing factory in 90 thousand square metres of land where 43 million pieces of woven and knit garments will be produced annually. The company will create employment opportunities for...
Business Report : Romo Rouf Chowdhury has been re-elected as chairman of Bank Asia PLC at the board of directors’...
Business Desk : Sophos, a global leader in cyber security solutions, has announced the appointment of Joe Levy as its...
Business Report : The broad index of the Dhaka Stock Exchange (DSE) rebounded on Tuesday following a plunge on Monday. The DSEX, the major index of the country’s prime bourse, was up 21.65 points, or 0.41 percent, to close the day at 5,241.84. The DSES, which comprises Shariah-based firms, also registered gains by increasing 6.7 points, or 0.59 percent, to 1,149.55. The DS30 index that represents the best blue-chip stocks jumped 9.95 points, or 0.53 percent, to 1,877.94. Turnover, which...
Business Report : Bangladesh Bank is set to unveil the monetary policy for the first half of FY25 in the third week of July, to bring down inflation which has persistently remained high. Inflation in Bangladesh has been hovering at over 9% since March last year and the central bank’s existing tight monetary policy stance is yet to help cool down consumer prices. The central bank is preparing to announce the new monetary policy sometime between July 15 and July...
Business Report : United Commercial Bank PLC (UCB) and SME Foundation have formalized a pivotal partnership aimed at bolstering credit...
Economic Reporter : More than 100,000 investors have withdrawn every share from their beneficiary owner’s accounts since the beginning of...
Business Report : Industrial loan releases slightly increased by 10 per cent in the first half of FY24 compared against...
Business Report : The Board of Directors of City Bank announced the re-election of Aziz Al Kaiser as chairman and...