Business Report : National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Monday said that the revenue board...
Business Report : Abu Reza Md. Yeahia has joined First Security Islami Bank PLC as Additional Managing Director. Prior, he...
Business Report : Md. Omar Faruk Khan and Mohammad Jamal Uddin Mazumder have been joins as Additional Managing Directors (AMDs)...
Business Report : The gross foreign exchange reserve in Bangladesh, according to the guideline of the International Monetary Fund, stood at $19.38 billion on September 18, decreasing from $20.8 billion on September 8.This decline came due primarily to the payment of $1.37 billion to the Asian Clearing Union (ACU) for import bills covering July and August, a settlement made every two months.The ACU facilitates payment settlements for intra-regional transactions among participating countries through their central banks on a net multilateral...
Business Report : A delegation from the Foreign Investors’ Chamber of Commerce and Industry (Ficci), led by president Zaved Akhtar...
Business Report : Stocks ended high on Monday as bargain hunters showed interest on sector-specific scrips.The prime index of the Dhaka Stock Exchange (DSE) increased 25.41 points to settle at 5,760.39. The capital bourse of the country closed in green terrain despite witnessing a late-session pullback due to short-term profit-taking by swing traders, which eroded some early gains of this day’s session, according to EBL securities. The blue-chip index DS30, a group of 30 prominent companies, saw a 2.16-point increase...
Business Report : The visiting high-profile delegation from the Global Confederaton of Belt and Road Economic Cooperation (OBOR) has shown interest to support Bangladesh in advancing its long-term goals for a prosperous and green future. Arrived in the city on a 5-day visit on September 21, the delegation met high officials of Public Private Partnership Authority, Power Division and business chambers leaders among others. Sharifah Sabrina, Chairperson of OBOR Economic Cooperation for Bangladesh, led the nine-member delegation which included Chris...
Business Report : Industries Adviser Adilur Rahman Khan today (23 September) sought cooperation from the United Kingdom to bring back money laundered from Bangladesh during the previous government. “The UK has been a trusted development partner of Bangladesh for a long time. The two countries have excellent bilateral relations in terms of trade and investment. It is possible to take this bilateral relationship to a higher level by working together,” the adviser said during a meeting with Deputy High Commissioner...
AFP, Beijing : China warned the United States on Monday not to take “discriminatory actions” against its firms, following reports Washington is planning to ban the sale of vehicles using Chinese and Russian technology. Bloomberg and other media reported Sunday, citing sources, that the United States was mulling new rules that would ban hardware and software made in China from its vehicles. Asked about the reports, foreign ministry spokesman Lin Jian said China urged “the US to respect market principles...
Business Report : The Branch Manager Conferences of Union Bank PLC was held on Monday at the bank’s head office,...