Business & Economy
News in Brief
IFIC Bank to issue 500cr bondBusiness DeskIFIC Bank Ltd decided to issue Tk500 crore non-convertible coupon-bearing subordinate bonds. The bank will issue the bond upon...
Saudi investment minister visits Oman to boost economic ties
Reuters, Dubai :Saudi Arabia is within the midst of a bold financial improvement plan to wean the economic system off oil, whereas Oman final year...
Bangladesh Honda Ltd to reinvest Tk 88.27cr
Business Desk :Bangladesh Honda Private Limited has decided to reinvest Tk 88.27 crore in the company’s existing business in Bangladesh.BHL came up with the decision...
Padma Bank seeks merger with any state-owned bank
Business Desk :The Padma Bank, formerly known as Farmers Bank, now wants to merge with a state-owned bank – within just three years of revival...
News in Brief
ICB risks Tk5cr fine if irregularities continueBusiness DeskICB Securities Trading Company Ltd will be fined Tk5 crore if it fails to address irregularities in several...
BKMEA to have executive president
Business Desk :Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has created a new post of executive president.The knitwear organisation also extended its director post to...
IMF keen to work closely for RMG sector’s uplift
Business Desk :The International Monetary Fund is willing to support the development activities in the apparel sector, said its Resident Representative Jayendu De.The international financial...
Bida OSS portal’s poor show frustrates executive chairman
Business Desk :Bangladesh Investment Development Authority (Bida) Executive Chairman Md Sirazul Islam has expressed frustration over not being able to provide desired services to investors...
