October 7, 2022

Abul Kashem Md. Shirin, Managing Director & CEO of Dutch-Bangla Bank Limited, inaugurates its new branch at Lamabazar in Sylhet on Thursday. Senior officials of the bank and local elite were present.

Business & Economy

October 6, 2022

Swiss citizen Fadi Bitar, Managing Director of Rakeen Development Bangladesh Limited (a Switzerland-Bangladesh joint-venture developer company), speaking at a press conference at Dhaka Reporters Unity (DRU) in capital on Wednesday alleged that S A K Ekramuzzaman, former managing director has occupied the company violating the rules and siphoned Tk 184 crore to Dubai in UAE. As a foreign investor Bitar sought the Prime Minister’s interference to get protection from Ekramuzzaman’s terrorist attack. Sumiya Tasneem, DMD and other officials of the company were also present.

Business & Economy

October 6, 2022

Sachimi Hussain, Vice Chairperson of Rangs Electronics Limited, inaugurates its new showroom at city’s Pallabi in Mirpur area recently. Other high officials from Marketing & Sales Department of the company were present.

Business & Economy

October 6, 2022

Jabed Amin, DMD & COO of Padma Bank Limited and Jewel Khan, AMD of Momo Inn, a renowned hotel and resort in Bogra, exchange document after signing an agreement in the city recently. Under the deal, cardholders of the bank can avail lucrative discounts on rooms and hotel services. Top officials from both sides were present.

Business & Economy

October 6, 2022

SWIFT lays out its blueprint for central bank digital currency network

Reuters :Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different...

Business & Economy

October 6, 2022

WTO cuts 2023 global trade growth forecast to 1.0pc

Reuters :The World Trade Organization forecast a slowdown in global trade growth next year as sharply higher energy and food prices and rising interest rates...

Business & Economy

October 6, 2022

Why did exports fall first time in 13 months?

Business Desk :Last month, Bangladesh’s export earnings fell to a 13-month low of $3.9 billion. Why?Experts say the slide came not for any internal failure...

Business & Economy

October 6, 2022

Inflation jumps to 9.5pc in August, decreases to 9.1pc in September

Business Desk :Bangladesh’s inflation rate shot up to 9.5% in August and then decreased slightly to 9.1% in September. State Minister for Planning Dr Shamsul...

Business & Economy

October 6, 2022

Restriction imposed on selling rice in name of ‘Miniket’

Staff Reporter :Cabinet Secretary Khandaker Anwarul Islam on Wednesday said no rice can be sold in the name of ‘Miniket Rice’ in the country. “No...

Business & Economy

October 6, 2022

‘$95b RMG exports by 2030 possible, if MMF potential tapped’

Business Desk :Bangladesh could earn US$95 billion by 2030 from readymade garment (RMG) export, if the country can raise its manmade fibre (MMF)-based garment shipment...

Business & Economy

October 6, 2022

Legendary cricketer Raqibul Hasan along with Professor Dr. Muhammad Abdul Moin, Dean, Faculty of Business Studies, Professor Mohammed A Momen, Director of IBA, University of Dhaka and other distinguish, unveil the official logo of ‘Bangla Wash T20 International Tri-nation Cricket Series’ at a hotel in the capital on Wednesday. ANH Enterprise Limited, mother company of Bangla Wash Detergent Powder, sponsor the event.

Business & Economy

October 5, 2022

FBCCI President receives prestigious honour from NY State Assembly

Business Desk :Bengal Group of Industries Vice Chairman and FBCCI President Md Jashim Uddin received a prestigious honour from New York State Assembly on September...