AIBL gets 3 DMDs
Business Desk :Muhammed Nadim, Abed Ahmed Khan and Md. Abdullah Al Mamun have recently been promoted to Deputy Managing Director (DMD) of Al-Arafah Islami Bank...
Business & Economy
UK economy slumps by record 10pc in 2020 after COVID hit
Reuters :Britain’s coronavirus-ravaged economy suffered its biggest crash in output in more than 300 years in 2020 when it slumped by 9.9%, but it avoided...
IMF’s own currency likely to get G7 backing
Reuters :Group of Seven finance ministers are likely to back a new allocation of the International Monetary Fund’s own currency, or special drawing rights, at...
Vaccination creates hope among retailers of reviving sales ahead of festivals
Economic Reporter :Country-wide vaccination activities have created hopes among the domestic clothing and other fashion retailers as they expect their sales to perk up in...
New initiative to reuse Bangladesh’s textile waste
Business Desk :More than 40 global apparel brands, local manufacturers and recyclers have joined a new initiative to capture and reuse textile waste in Bangladesh,...
JBL mobilizes Tk 4,396cr deposits in Rajshahi Division
BSS, Rajshahi :Janata Bank Limited (JBL) mobilized deposits worth Taka 4,396 crore against the target of 4,070 crore in 2020 despite the adverse impact of...
Squeezed by sanctions, pandemic, Cuba finally opens up economy
AFP, Havana :Cuba is undergoing a paradigm shift: after decades of tight, centralized control, the communist government is opening up the bulk of its economy...
Shell unveils green strategy after oil output peak
AFP, London :Energy giant Royal Dutch Shell declared Thursday that its oil output is locked in decline after peaking in 2019 as it outlined green...
Sonia Bashir joins Dell’s CXO advisory Board
Business Desk :Tech giant Dell Technologies appointed Sonia Bashir Kabir to its Asia Pacific & Japan (APJ) CXO Advisory Board recently. A total of 22...