December 28, 2021

BB relaxes rule for foreigners to remit money

Business Desk :Authorities have been asked to deposit Bangladesh’s foreign exchange reserve with banks other than America’s to avoid possible US sanctions in the near...

Business & Economy

December 28, 2021

ICB to issue mudaraba sukuk worth Tk 1,000 crore

Business Desk :Investment Corporation of Bangladesh, the state-run investment bank, has decided to issue ICB First Mudaraba Sukuk worth Tk 1,000 crore for 10 years.The...

Business & Economy

December 28, 2021

Stocks rebound after three down days

Business Desk :After witnessing a downward trend in the three sessions, stocks on Monday rebounded in the Dhaka and Chittagong stock exchanges as investors remained...

Business & Economy

December 28, 2021

S M Parvez Tamal, Chairman of NRBC Bank Limited, inaugurating its 89th branch banking services at Bir Uttam A K Khandakar Road in Mohakhali in the capital on Sunday. Mohammed Adnan Imam, Director and EC Chairman, Loquit Ullah, Director and Golam Awlia, Managing Director and CEO of the bank were bank.

Business & Economy

December 28, 2021

ACI declares 65% cash 15% stock dividend

Business Desk :The 48th Annual General Meeting of Advanced Chemical Industries (ACI) Limited was held on Sunday (26 December) at 11:30am through Digital Platform.M Anis...

Business & Economy

December 28, 2021

BAMDA holds seminar on risk of interest rate

Business Desk :The Bangladesh Money Market Dealers Association (BAMDA) on Saturday organised a seminar titled “The risk of interest rate and its impact on banking...

Business & Economy

December 28, 2021

SBL awarded for securing top rank in APA: State owned bank Sonali Bank Limited (SBL), secured first position among all government banks in implementing Annual Performance Agreement (APA) 2020-21. Secretary of Financial Institution Division of Finance Ministry, Sheikh Mohammad Salim Ullah handed over crest and certificate to the bank’s CEO and Managing Director Md. Ataur Rahman Prodhan at a function held at the ministry’s conference room in secretariat on Monday. Sheikh Mohammad Salim Ullah congratulated Sonali Bank authority for their achievement to implement the indicators included in agreement held between the organizations. Ministry officials, executives of different banks and financial institutions were present on the award giving ceremony.

Business & Economy

December 28, 2021

Brunei High Commission in Dhaka organizes seminar on migrant workers

Business Desk :The Bangladesh High Commission of Brunei Darussalam recently organized a seminar titled “Issues Related to Migrant Workers in Brunei”. Bangladesh High Commissioner Ms...

Business & Economy

December 28, 2021

BSEC approves bonds of Meghna, Southeast banks

Business Desk :Meghna Bank and Southeast Bank have got permission to issue subordinated bonds to raise funds.The subordinated bond is a debt that is ranked...

Business & Economy

December 28, 2021

TES organizes ‘Textile Youth Carnival 2.2’

Business Desk :Textile Engineers Society’s initiative “Textile Youth Carnival 2.2 were held on December 24 at KG resort in Savar. More than 25 textile universities...

Business & Economy

December 28, 2021

Runner approves 10% cash dividend

Business Desk :Runner Automobiles Limited has organised its 20th annual general meeting (AGM) recently.In the meeting, held virtually on December 23, shareholders approved several agendas,...

Business & Economy

December 28, 2021

RFL approves 23pc dividend

Business Desk :Rangpur Foundry Ltd (RFL) has approved 23% dividend for shareholders for the year 2020-2021 at the 41th Annual General Meeting (AGM) of the...