January 13, 2023

Different commercial banks recently signed deals with Bangladesh Bank to distribute loans to concerned farmers to boost production in the agricultural sector under at 4 percent profit rate under the Tk.50 billion Refinance Scheme aimed to ensuring food security of the country. In presence of the Bangladesh Bank Governor Abdur Rouf Talukder, Md. Abul Kalam Azad, Director of Agriculture Credit Department of the central bank and concerned Managing Director of the commercials banks signed the agreement at BB head office in the capital recently. Banks are 1. City Bank Bangladesh Limited 2. Al-Arafah Islami Bank Limited 3. Exim Bank Limited.

January 13, 2023

Mohammad Ali, new MD of Pubali Bank

Business Report :Mohammad Ali has been appointed as the Managing Director and CEO of Pubali Bank Limited. Prior to appointed as Managing Director, he has...

Business & Economy

January 13, 2023

Stocks rise for third day

Business Report :The Dhaka stocks continued rising for the third consecutive day although most of the stocks either dropped or remain unchanged on Thursday.The DSEX,...

Business & Economy

January 12, 2023

Half-yearly monetary policy on the cards

Business Desk :The Bangladesh Bank is planning to unveil the country’s half-yearly monetary policy statement (MPS) next week, despite several targets last set for up...

Business & Economy

January 12, 2023

Taiwanese firm invests $17m in Bay Economic Zone

Business Report :Makalot Industrial Co Ltd, a Taiwanese readymade garment manufacturer, is going to invest $17 million to produce sports shoes and apparel items at...

Business & Economy

January 12, 2023

Major General A K M Nazmul Hasan, Director General of Bangladesh Ansar and Village Defense Party and Chairman of Ansar-VDP Unnayan Bank Limited, presides over the bank’s 27th foundation anniversary meeting at its head office in the capital on Wednesday. Md. Mosaddake-Ul-Alam, Managing Director, Wahida Begum, DMD and other senior officials of the bank were present.

Business & Economy

January 12, 2023

Four international trade shows on garment machinery and allied products has started in the capital. The expo has started on Wednesday at International Convention City, Bashundhara, Dhaka. Md Jashim Uddin, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) inaugurates the exposition of Garment technology show Bangladesh 2023.

Business & Economy

January 12, 2023

Vivo launches new smartphone

Business Desk :Smartphones made by Vivo, a global leader in the industry are designed and manufactured their phone with today’s youth and their needs in...

Business & Economy

January 12, 2023

Target should trade-based capital flight, not genuine consumption through imports

Business Desk :An upward trend in imports once again amid calls for austerity from the highest levels of government has raised concern among economists as...

Business & Economy

January 12, 2023

Mohamed Murad, Chairman of The Essential FZC LLC and Nahid Sarwar, Managing Director of Cityscape International, signs a MoU at Westin Hotel, Palm Jumairah in Dubai, recently. Under the deal, the Essential FZC LLC of the United Arab Emirates will invest 10 million Dirham, as an initial investment in a dedicated project of Cityscape International Limited towards promotion of its newly introduced happiness concept under the brand Cityscape Lifestyle for searching, finding, and gripping happiness.

Business & Economy

January 12, 2023

Skincare brand Blaze ‘O’ products available in market

Business Desk :All products of skincare brand Blaze ‘O’ Skin are currently available on the market. The products of this brand are widely sought after...

Business & Economy

January 12, 2023

Global expos on RMG machinery, allied products begin in Dhaka

Business Report :Four international trade shows on garment machinery and allied products began at the International Convention City, Bashundhara in Dhaka on Wednesday.Four shows spread...