Business Report : Linde Bangladesh shares soared around 19% on Thursday as they declared a 4100% cash dividend as interim yesterday (4 September), which is the highest ever in the capital market history. Within the first half an hour of Thursday’s trading session, the company’s shares jumped by 18.80% to reach Tk1,560.10 as there was no circuit breaker limit after declaring dividend.It also topped the turnover table at the Dhaka Stock Exchange. According to the multinational company, they secured capital...
Business Report : Newly appointed chairman of Sonali Bank PLC Mohammad Muslim Chowdhury joined at board of directors meeting held...
Business Desk : Community Initiative Society (CIS), A-PAD Bangladesh, Dhaka Community Hospital Trust (DCH Trust)and DHEM Foundation are jointly providing...
Business Report : As challenges continue to grow for cybersecurity teams, Kaspersky has unveiled a significant update to its Unified Monitoring and Analysis Platform, a security information and event management system (SIEM). The enhancedfunctionality is designed to bolster the productivity of cybersecurity teams by expanding the capabilities for threat detection and response. Cybersecurity teams face growing challenges with frequent attempts to breach company infrastructures and increasingly complex attacks. In 2023, 77% of businesses experienced at least one cybersecurity breach, with...
Business Report : Meghna Bank PLC recently signed a memorandum of understanding (MoU) with the on-demand service delivery platform Sheba.XYZ.The...
Business Desk : Friendship has taken special initiatives to ensure healthcare and meet the urgent needs of people affected by...
Business Report : Bangladesh Bank Governor Ahsan H Mansur requested customers to keep calm regarding the crisis plaguing over half a dozen ailing banks, expressing optimism that their situation would turn around soon. Seven to eight banks are currently contending with a liquidity crisis after thousands of crores of taka were misappropriated through loans and irregularities, Mansur said at a press conference after meeting with bankers at the central bank headquarters on Wednesday. He added that those banks would be...
Business Report : Mutual Trust Bank PLC. (MTB) recently signed an agreement with Starpath Holdings Ltd. to provide Payroll Banking Services to its employees. Md. Shafquat Hossain, Deputy Managing Director & Head of Retail Banking of MTB and Md. Wahiduzzaman, Managing Director & CEO of Starpath Holdings Ltd were seen exchanging the documents at a simple ceremony held at the bank’s head office in the capital recently. The signing ceremony was organised by MTB.Md. Anisur Rahman, Branch Manager; Principal Branch,...
Business Report : Mutual Trust Bank PLC. (MTB) recently signed an agreement with Starpath Holdings Ltd. to provide Payroll Banking...
Business Report : The National Board of Revenue (NBR) has reduced taxes on the import of onions and potatoes to boost supply and curb the rising prices of these essential items. The customs administration lifted the tariffs on onion imports to 5 percent and on potatoes to 15 percent, effective until November 30. “The NBR expects that the prices of both items will reach more tolerable levels following the reduction in import duties,” said the revenue authority in a statement...