Islami Bank holds 42nd AGM
Business Desk : The 42nd Annual General Meeting of Islami Bank Bangladesh PLC was held on Thursday, at Kurmitola Golf Club of the Capital. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided...
Business & Economy
Jamuna Bank signs foreign remittance agreement with Horizon Remit SdnBhd
Business Desk : Jamuna Bank PLC has recently entered into a Foreign Remittance Drawing Agreement with Horizon Remit SdnBhd in Malaysia, marking a significant milestone in strengthening its global remittance network. The partnership aims...
PRI hosts roundtable on financial sector risks and reforms
Business Report : Bangladesh’s proposed Banking Resolution Ordinance will remain ineffective unless the country urgently builds the capacity to manage failing banks, protect depositors and prevent systemic risks, speakers at a high-level roundtable cautioned...
Bank deposits grow at 9.62pc in October, lowest in three months
Business Desk : Deposit growth in Bangladesh’s banking sector has decelerated for the third consecutive month, reflecting mounting economic pressure and a persistent crisis of confidence among depositors, according to the latest Bangladesh Bank...
BB eases import rules to boost industrial investment
Business Report : In a move aimed at accelerating industrial expansion and encouraging new investment, Bangladesh Bank has further relaxed regulations for importing capital equipment, allowing industries to bring in machinery on a three-year...
EcoFlow signs Ritu Porna Chakma as brand ambassador
Business Desk : EcoFlow, together with its exclusive and official distributor ACI Renewable Energy, officially signed national football star Ritu Porna Chakma as the brand’s new brand ambassador. The signing ceremony took place on...
ADB cuts Bangladesh’s growth forecast to 4.7pc amid weak exports
Business Report : Although South Asia’s economic growth projection has been upgraded, the Asian Development Bank (ADB) has revised down Bangladesh’s growth outlook to 4.7 per cent for the current fiscal year (FY) 2025-26....
Banglalink secures licence to launch digital payment services
Business Report : Banglalink has received the “No Objection Certificate” from Bangladesh Bank on Wednesday to commence operations as a Payment Service Provider or PSP, the company said in a statement. Banglalink can now...
NRBC Bank arranged workshop on IFRS-9
Business Desk : NRBC Bank arranged a workshop on International Financial Reporting Standards (IFRS-9) on Tuesday at their Human Resource and Training Development Centre (HRTDC), according to a press release. Dr. Md Touhidul Alam...