December 27, 2023

Olympic Accessories stock sees 78pc jump in 14 days

Business Report :The share price of publicly listed Olympic Accessories Limited, which has been in losses for three years now, jumped 78% in just 14...

Business & Economy

December 27, 2023

Emranul Huq, Managing Director & CEO of Dhaka Bank PLC, inaugurates its Madani Avenue sub-branch at Pragati Sharani of Vatara in Dhaka recently. Md. Mostaque Ahmed, Darashiko Khasru, DMDs and other high officials of the bank were present.

Business & Economy

December 27, 2023

DBH Finance honoured with Highest Taxpayer Award: DBH Finance PLC, has been awared by Naitonal Board of Revenue (NBR) as one of the highest taxpayers for fiscal year 2022-23. The company received the award under the “Non-Banking Financial Institutions” category. Chairman of the National Board of Revenue (NBR) Abu Hena Md Rahmatul Muneem, handed the tax card and crest over to Nasimul Baten, managing director of DBH Finance PLC at an event organized at Bangabandhu International Conference Center recently. Md. Abdul Ahad, chief financial officer (CFO) of DBH Finance PLC, was also present during the presentation.

Business & Economy

December 27, 2023

Sonali Bank gets (SAFA) Best Presented Annual Reports Award: Sonali Bank PLC has been awarded the ‘South Asian Federation of Accountants (SAFA) Best Presented Annual Reports Award-2022’. Subhash Chandra Das, DMD of the bank received the award at a ceremony held at a hotel in India capital, Delhi on Friday. Later, the award was handed to Md. Afzal Karim, CEO and Managing Director of the bank at his office on Tuesday.

Business & Economy

December 27, 2023

Syed Zulkar Nayen, Head of Business (Retail and SME Banking) of Eastern Bank PLC (EBL), along with local dignitaries inaugurated a sub-branch of the bank at “Abid Plaza” in Daudkandi Pouroshova in Cumilla on Tuesday. Abu Rasel Md Masum, Branch Area Head- Sylhet and Narayangonj and other senior officials of the bank were present.

Business & Economy

December 27, 2023

BB resets prices of commemorative gold, silver coins

BSS :Bangladesh Bank (BB) has reset the prices of commemorative gold and silver coins citing a price hike of the metals in local and international...

Business & Economy

December 27, 2023

Oil prices little changed as investors eye Middle East tensions, US rate cut

Reuters :Oil prices were little changed on Tuesday as investors focused on geopolitical tensions in the Middle East and optimism the US Federal Reserve would...

Business & Economy

December 27, 2023

Shipping giant Maersk prepares to resume operations in Red Sea

Reuters, Washington :Denmark’s Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, the company said on Sunday, citing...

Business & Economy

December 27, 2023

Kazi Md. Talha New Additional MD of Padma Bank

Business Desk :Kazi Md. Talha has joined as the Additional Managing Director (MD) of Padma Bank Limited. Prior to joining Padma Bank, Talha served as...

Business & Economy

December 27, 2023

DSE, CSE rise riding on large-cap stocks

Business Report :Stocks have witnessed an upward trend as major indices of both Dhaka and Chittagong Stock Exchanges increased with higher activities of some large-cap...

Business & Economy

December 27, 2023

Doreen halts Narsingdhi power plant as contract expires

Business Desk :Private electricity producer Doreen Power Generations and Systems Ltd said it has closed its 22-megawatt plant as the government has yet to extend...

Business & Economy

December 26, 2023

SBL holds Annual Risk Conference

Business Desk :The ‘Annual Risk Conference’ Standard Bank Limited (SBL) was held on Saturday at the bank’s head office in the capital. Md. Habibur Rahman,...