October 18, 2022

Apex Spinning posts 17.75pc higher profit in 2021-22

Business Desk :Apex Spinning & Knitting Mills Limited’s profit rose 17.75 per cent year-on-year in the last financial year.The company reported earnings per share of...

Business & Economy

October 18, 2022

MBL gets ISO certificate: Mercantile Bank Limited (MBL) has recently been awarded ISO 27001:2013 certificate by a renowned certification agency Bureau Veritas Certification Holding SAS-UK branch for its outstanding performance and fulfilling the requirements of ISO standards. Md. Quamrul Islam Chowdhury, Managing Director and CEO of the bank received the certificate from Mukut K. Barua, National Business Manager – Commodities, Industry & Facilities Division of Bureau Veritas (Bangladesh) Pvt. Limited and Brig. Gen. (Retd.) Ali Ahmed Khan, Chairman of iota (BD) Consulting Limited at the bank’s head office in the capital on Monday, said a press release. The authority certifies that Mercantile Bank has been audited and found to be in accordance with the requirements for adopting and implementing global standards and practices to ensure the effectiveness, efficiency, confidentiality, and integrity of its day-to-day information security operations. The Information Security Management framework of MBL is now benchmarked with international standards for ensuring enhanced service assurance to its customers and thus strengthening its journey towards Secured Banking Services. Additional Managing Director Mati Ul Hasan, Deputy Managing Directors Adil Raihan, Shamim Ahmed and Hasne Alam, CFO Tapash Chandra Paul were present.

Business & Economy

October 18, 2022

‘Add Money’ to Nagad Islamic from Islami Bank offers Tk70 cashback

Business Desk :Islami Bank Bangladesh Limited operated with Islamic rules and mobile financial service of the Post Office Nagad have come up with an exciting...

Business & Economy

October 18, 2022

LafargeHolcim posts higher profit in July-Sept quarter

Business Desk :LafargeHolcim Bangladesh Limited’s profit rose 21 per cent year-on-year in the third quarter of 2022.Consolidated earnings per share (EPS) were Tk 0.98 in...

Business & Economy

October 18, 2022

Emranul Huq, Managing Director & CEO of Dhaka Bank Limited and Tarun Sharma, Chief General Manager and CFO, Head Office, Mumbai of India EXIM Bank, exchange an Issuing Bank Agreement signing document in the capital on Monday. Under the deal, Dhaka Bank is going to enhance its existing support to its Corporate and SME clients’ trade finance needs in India. Other Senior officials from both sides were present.

Business & Economy

October 18, 2022

Muhammad Qaisar Ali, Managing Director (CC) of Islami Bank Bangladesh Limited (IBBL), addresses an orientation program for newly recruited 100 field officers under Rural Development Scheme at the bank’s head office in the capital on Monday. Md. Omar Faruk Khan, AMD and other officials of the bank were present.

Business & Economy

October 18, 2022

IFAD: Invest in small farmers, rural women and the young

Business Desk :The President of the International Fund for Agricultural Development (IFAD), Alvaro Lario, will attend the Finance in Common Summit co-organized by the African...

Business & Economy

October 18, 2022

Vivo launches its new V25e smartphone

Business Desk :Vivo, a leading global smartphone brand, has announced the launch of the latest addition to the successful V series, the V25e, which is...

Business & Economy

October 18, 2022

Md. Ahsan-uz Zaman, Managing Director & CEO of Midland Bank Limited (MBL) and Tarun Sharma, Chief Financial Officer of Exim Bank of India, exchanges document after signing an agreement under the latter’s Trade Assistance Programme at MBL head office in the city on Monday. Senior officials from both sides were present.

Business & Economy

October 18, 2022

Far East Knitting clocks 40pc higher profit

Business Desk :Far East Knitting & Dyeing Industries Limited posted more than 40 per cent higher profit in the last financial year. The company reported...

Business & Economy

October 18, 2022

Products’ standards linked to export growth

Economic Reporter :Proper standardisation and certification of different products made the country is vital for broadening the country’s footprint in international market, speakers said at...

Business & Economy

October 18, 2022

Stocks keep bleeding

Economic Reporter :Stocks in Bangladesh fell for the third consecutive day on Monday amid lower participation of investors in the market.The DSEX, the benchmark index...