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 : Rupali Bank PLC’s Barisal Division Business Conference 2024 was held on Tuesday, 10 September, at the Bangladesh...
Business Report : Tarek Reaz Khan has recently joined NRB Bank PLC as managing director for a 3-year tenure. Prior...
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Business Report : Grameenphone has won the Asian Technology Awards 2024 in the Digital – Telecommunications category for its MyGP...
Business Desk : Bangladesh Purchasing Manager’s Index (PMI) for the month of August, jointly released by Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka and Policy Exchange Bangladesh (PEB), has indicated improvement in general economy. While still in contraction mode with a reading below 50 indicating overall slowdown, the August 2024 PMI said the interim government has been working tirelessly to rebuild political stability and ensure normal business operations across sectors following the fall of the Awami League regime. Previously...
AFP, Madrid : Zara owner Inditex, the world’s biggest fashion retailer, posted a record net profit for the first half of the year on Wednesday, despite slower sales growth. The Spanish group said its profit rose 10 percent to 2.8 billion euros ($3.1 billion) in the first six months of its financial year, which ends July 31. “The design and quality of our fashion proposition and the experience we offer our customers are, together with the efficiency and increasing sustainability...
Business Report : Unilever Bangladesh Limited (UBL) has demonstrated exceptional contributions towards achieving Sustainable Development Goals (SDGs) in Bangladesh. Its...
Business Report : Arif Quadri, managing director and CEO of United Commercial Bank (UCB), formally resigned from his post on...
Business Report : The ousted Awami League government had abandoned the country’s textile industry, Bangladesh Textiles Mills Association (BTMA) President...
Business Report : IPDC Finance Limited has won the Gold Award in the Financial Services category at the 24th ICAB...
Business Report : The Financial Institutions Division (FID) has decided to remove ATM Tariquzzaman from the post of commissioner at...