August 31, 2022

‘120m people to enter labour market by 2030’

Staff Reporter :Leaders of the Institution of Diploma Engineers, Bangladesh (IDEB) on Tuesday said the country’s population will be around 250 million by 2030 and...

Business & Economy

August 31, 2022

AKM Hamid, President of Institution of Diploma Engineers, Bangladesh (IDEB), addresses at a press conference held at IDEB’s Bhaban in the capital on Tuesday ahead of its 24th national conference. Md. Shamsur Rahman, General Secretary, AKM Abdul Motaleb, Vice President and other leaders of IDEB, were present.

Business & Economy

August 31, 2022

Miftah Uddin, SEVP of Islami Bank Bangladesh Limited (IBBL), receives the top performing banking award in sustainability rating by Bangladesh Institute of Bank Management (BIBM) from Florian Hoellen, Head of German Development Co-Operation in a function at BIBM auditorium in the capital recently.

Business & Economy

August 31, 2022

Light engineering products to boost BD export basket

Business Desk :As Bangladesh seeks to diversify its export basket the focus has been on engineering products and bicycles, which have high demand in the...

Business & Economy

August 30, 2022

Stocks extend gains

Business Desk :Dhaka and Chattogram stock exchanges extended their gains on Monday although most shares fell.The DSEX, the benchmark index of the Dhaka Stock Exchange,...

Business & Economy

August 30, 2022

Afzal joins Sonali Bank as MD

Business Desk :Md Afzal Karim joined Sonali Bank Limited in the post of chief executive officer and managing director on Sunday.Karim previously worked at the...

Business & Economy

August 30, 2022

BD to import 3.3 lakh tonnes of rice from Vietnam, India

Business Desk :Bangladesh is finalising deals with Vietnam and India to import a total of 330,000 tonnes of rice as it races to replenish reserves...

Business & Economy

August 30, 2022

Khondoker Ataur Rahman Managing Director of Palli Sanchay Bank Limited, addresses a discussion meeting on the occasion of the 47th martyrdom anniversary of Bangabandhu Sheikh Mujibur Rahman and the National Mourning Day held at Gopalgonj Multiplicity auditorium recently. Dipokkor Roy, General Manager and other officials of the bank were present.

Business & Economy

August 30, 2022

Five Commercial banks recently signed a deal with Bangladesh Bank (BB) regarding ‘Refinancing Scheme against term financing for Cottage, Micro, Small and Medium Enterprises (CMSME)’ at BB head office. 1. Emranul Huq, Managing Director & CEO of Dhaka Bank Limited 2. Md. Quamrul Islam Chowdhury, Managing Director and CEO of Mercantile Bank Limited 3. Mamoon Mahmood Shah, Managing Director & CEO of NRB Bank Limited, 4. Mr. Khondoker Rashed Maqsood, Managing Director & CEO of Standard Bank Limited 5. ABM Mokammel Hoque Chowdhury, Managing Director & CEO of Union Bank Limited, lead their respective organizations while the central bank’s Governor Abdur Rouf Talukder, lead his side. Abu Farah Md. Nasser, Deputy Governor, Md. Obaidul Hoque, Executive Director and Md. Jaker Hossain, Director of SME & SPD Department of BB, were also present.

Business & Economy

August 30, 2022

Golden Harvest to close e-commerce business

Business Desk :Golden Harvest Agro Industries has decided to shut its e-commerce business due to the unstable economic outlook of the country, said the agro-processor...

Business & Economy

August 30, 2022

Md. Rabiul Alam, Head of ADC Division of Pubali Bank Limited and Engr. Md. Atiqur Rahman, Company Secretary of Dhaka Electric Supply Company (DESCO) Limited, exchange documents after signing an agreement at the bank’s head office in the capital recently. Under the deal, customers of DESCO will able to pay their prepaid & postpaid electricity bill through the bank Internet Banking/PI Banking Apps. The bill will be updated in DESCO database in real time. Top officials from both sides were present.

Business & Economy

August 30, 2022

Dollar hits 20-year high as Fed flags higher rates for longer

Reuters, Singapore :The US dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest...