September 20, 2021

Experts demand incentives for subcontract RMG factories

Business Desk :Experts recommended initiating plans to bring small and well-functioning RMG factories under the facilities of the government incentives. The speakers made the recommendation...

Mozaffar Hossain Paltu, Chairman of Union Insurance Company Limited, presiding over the 21st AGM of the company held at its head office in the capital on Sunday. The AGM unanimously re-elected Mozaffar Hossain Paltu as chairman. Talukder Md. Zakaria Hossa

Business & Economy

September 20, 2021

Mozaffar Hossain Paltu, Chairman of Union Insurance Company Limited, presiding over the 21st AGM of the company held at its head office in the capital on Sunday. The AGM unanimously re-elected Mozaffar Hossain Paltu as chairman. Talukder Md. Zakaria Hossain, CEO, directors and other top executives of the company were present.

Business & Economy

September 20, 2021

Price fall in large-cap drives stocks down

Business Desk :Stocks on Sunday witnessed downward trend due mainly to price fall in large-cap securities.DSEX, the prime index of the Dhaka Stock Exchange (DSE),...

Business & Economy

September 20, 2021

FBCCI delegation to join PM at 76th UNGA

Business Desk :A high-level trade delegation of the Federation of Bangladesh Chambers of Commerce and Industry is leaving Dhaka for the United States on Sunday...

Business & Economy

September 20, 2021

Dhaka seeks duty-free access for 137 products to Saudi Arabia

Business Desk :Prime Minister’s private industry and investment advisor Salman F Rahman has requested Saudi Arabia to give duty-free export facility for 137 Bangladeshi products...

Dr. Md. Mofizur Rahman, Managing Director of SME Foundation and Md. Tajul Islam, Managing Director & CEO (CC) of Social Islami Bank Limited (SIBL), exchanging document after signing an agreement to disburse SME investment under the second phase of incenti

Business & Economy

September 20, 2021

Dr. Md. Mofizur Rahman, Managing Director of SME Foundation and Md. Tajul Islam, Managing Director & CEO (CC) of Social Islami Bank Limited (SIBL), exchanging document after signing an agreement to disburse SME investment under the second phase of incentive package at SME Foundation head office in the capital recently.

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Business & Economy

September 19, 2021

Merchants warn of legal action against Dhamaka Shopping

Economic Reporter :A sellers’ association of Dhamaka Shopping warned of legal action if no solution to the Tk200 crore dues owed to 650 merchants of...

Tarique Afzal, President & Managing Director of AB Bank Limited along with Professor Dr. Hosne-Ara Begum, Executive Director of TMSS recently distributing food and relief materials among 1500 distressed families at Bogura who were hard hit during Covid pa

Business & Economy

September 19, 2021

Tarique Afzal, President & Managing Director of AB Bank Limited along with Professor Dr. Hosne-Ara Begum, Executive Director of TMSS recently distributing food and relief materials among 1500 distressed families at Bogura who were hard hit during Covid pandemic. Senior Officials from both the organizations were present.

Business & Economy

September 19, 2021

6 NBFIs default loans doubled in 3 months until March

Business Desk :Default loans in six non-bank financial institutions (NBFIs) more than doubled in just three months until March this year following the withdrawal of...

Selim R F Hussain, Managing Director and CEO of BRAC Bank Limited and Dr. Md. Mafizur Rahman, Managing Director of SME Foundation, exchanging document after signing an agreement at a function held in the capital recently. Under the deal, SME Foundation wi

Business & Economy

September 19, 2021

Selim R F Hussain, Managing Director and CEO of BRAC Bank Limited and Dr. Md. Mafizur Rahman, Managing Director of SME Foundation, exchanging document after signing an agreement at a function held in the capital recently. Under the deal, SME Foundation will provide Tk200 crore to the participating banks and non-bank financial institutions (NBFIs). Out of the total fund, BRAC Bank alone will avail Tk 50 crore which will be disbursed to the entrepreneurs at a subsidized rate of 4%. Top officials from both sides were present.

Business & Economy

September 19, 2021

vivo launches Y21 with Tk 10 lakh offer

Business Desk :Smartphone brand vivo has planned to launch the vivo millionaire activity in Bangladesh that gives users a chance to win exciting cash prizes...

Business & Economy

September 19, 2021

BD witnessing rapid increase in power consumers: Minister

BSS, Dhaka :The number of electricity connections has been increasing rapidly due to easy and flexible connection system, introduced by the ministry, according to officials...