July 22, 2022

Edible oil price still unchanged

Economic Reporter :Bangladesh – with the recent price drop in the global market – had readjusted the local rates for edible oil, but markets across...

Business & Economy

July 22, 2022

Md. Ataur Rahman Prodhan, CEO and Managing Director of Sonali Bank Limited and Professor Sabikun Nahar, Principal of Begum Badrunnesa Govt. Girls College, exchanging document after signing an agreement at the bank’s head office in the capital on Thursday.Under the desl, students will pay their fees and charges using the bank’s Payment Gateway from their homes . Top executives from both sides were present.

IMF Mission Chief for Bangladesh Rahul Anand paid a courtesy call on BGMEA President Faruque Hassan at BGMEA's office in Dhaka on Wednesday.

Business & Economy

July 21, 2022

BGMEA seeks IMF support to realize RMG industry’s strategic vision

Business Desk :BGMEA President Faruque Hassan has sought the support of the International Monetary Fund (IMF) in realizing the vision of the RMG industry, which...

Business & Economy

July 21, 2022

Govt seeks alternative sources of urea fertilizer

Business Desk :Agriculture Minister Muhammad Abdur Razzaque said on Wednesday that his ministry is trying to find alternative sources from where the much-needed Urea fertilizer...

Business & Economy

July 21, 2022

SIBL launches e-account for NRB: Non-resident Bangladeshis (NRB) from now can open e-account using the “SIBL NOW” mobile app from abroad. The Social Islami Bank Limited Managing Director & CEO Zafar Alam inaugurated the service “e-Account for Non-resident Bangladeshis” as chief guest in Dhaka, said a press release on Wednesday. The Additional Managing Director of the bank Abu Reza Md Yeahia, Deputy Managing Directors-Md Shamsul Hoque & Mohammad Forkanullah, Md Mosharraf Hossain, Chief Remittance Officer Md Akmal Hossain, International Division Head Md Sultan Badsha, Information & Communication Technology Division head and divisional heads along with senior officials were also present on the occasion.

Business & Economy

July 21, 2022

ABM Mokammel Hoque Chowdhury, Managing Director & CEO of Union Bank Limited, inaugurating its new branch at Bahaddarhat in Chattogram on Wednesday. Md. Habibur Rahman, AMD, Md. Nazrul Islam, DMD and other senior officials of the bank and local elite were present.

Business & Economy

July 21, 2022

Stocks extend losing streak for seven straight sessions

Business Desk :Stocks extended the losing streak for seven straight sessions on Wednesday as the jittery investors kept their sell-off amid deepening economic uncertainty.After witnessing...

Business & Economy

July 21, 2022

Bangladesh Bank hikes EDF loan interest rate

Business Desk :The Bangladesh Bank has raised Export Development Fund (EDF) loan interest rate to 3 per cent from 2 per cent for exporters and...

Business & Economy

July 21, 2022

Padma Islami Life’s revenue declines

Business Desk :Padma Islami Life Insurance has reported a decline in its life revenue account for the second quarter of the year.The listed life insurer...

Business & Economy

July 21, 2022

‘We don’t need any loan from IMF right now’

Business Desk :Finance Minister AHM Mustafa Kamal has dismissed a media report that Bangladesh is seeking a loan of $4.5 billion in aid for economic...

Business & Economy

July 21, 2022

Govt to procure 50,000 MTs wheat, 30,000 MTs fertilizer

BSS, Dhaka :The government on Wednesday approved separate proposals for procuring some 50,000 metric tons of wheat and some 30,000 metric tons of granular urea...

Business & Economy

July 21, 2022

ICSB gets new secretary, CEO

Business Desk :Institute of Chartered Secretaries of Bangladesh (ICSB) has appointed Md Zakir Hossain as its new secretary and chief executive officer (CEO).Prior to joining...