Islami Bank gets new vice-chairman

Tanveer Ahmad has been elected as the vice-chairman of Islami Bank Bangladesh Ltd.
10 July 2023, 18:00 PM

Nagad hits 8cr customer milestone

Mobile financial service (MFS) provider Nagad has recently reached a milestone of having eight crore customers in only four years of its operation.
10 July 2023, 18:00 PM

Mutual Trust Bank, GP sign partnership agreement

Mutual Trust Bank Ltd and Grameenphone have signed a partnership agreement to introduce a touch-free automation system for mobile operator’s distributors with a bid to align with “Smart Bangladesh” vision.
10 July 2023, 18:00 PM

Countries repatriating gold in wake of sanctions against Russia

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank and sovereign wealth funds published on Monday.
10 July 2023, 18:00 PM

Preparations underway for FBCCI polls on July 31

Preparations are underway by a board which would hold an election in Dhaka on July 31 to form the top management of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the 2023-25 term. 
10 July 2023, 18:00 PM

Jute acreage sees growth

Jute acreage in Bangladesh has increased this season as growers expanded cultivation, encouraged by better prices after last year’s harvest, according to the Department of Agricultural Extension (DAE).
10 July 2023, 18:00 PM

Mosquito coils, sprays, nets see rising demand

The demand for anti-mosquito products, such as coils, aerosol sprays, nets and rackets, has increased in Bangladesh as people are looking to avoid dengue fever amid the recent outbreak, according to businesspeople.
10 July 2023, 18:00 PM

3 firms sell entire stake in Islami Bank

Three firms -- Armada Spinning Mills Limited, Kingsway Endeavors Limited and Uniglobe Business Resources Limited -- sold off their entire shareholdings of over 14 crore shares, or 9.07 per cent, at Islami Bank Bangladesh Ltd (IBBL).
10 July 2023, 18:00 PM

Commerce secretaries to meet next month

A meeting between the commerce secretaries of Bangladesh and India is likely to be held in Dhaka next month to review the progress towards signing a comprehensive economic partnership agreement (Cepa) to increase bilateral trade and investment.
10 July 2023, 18:00 PM

FBCCI’s ‘Smart Bangladesh’ confce on July 15

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is going to organise a conference focusing on the private sector’s role in building “Smart Bangladesh”, said the apex trade body yesterday. 
10 July 2023, 18:00 PM

Why efficiency should have a starring role in energy transition

The Japanese business philosophy of “kaizen” – literally, change (kai) for the good (zen) – advocates for a slow but consistent approach to change. A modification here, an innovation there, and continuous improvements will be gradually achieved.
10 July 2023, 18:00 PM

Monthly mobile top-up thru MFS tops Tk 1,000cr for first time

Customers are increasingly opting for mobile financial services to top up balances, helping mobile carriers earn more than Tk 1,000 crore a month for the first time from the sales processed through MFS providers. 
10 July 2023, 00:50 AM

Milling machine leveraging mung dal farmers

The availability of a simple electricity-run milling machine is helping farmers in Patuakhali double their earnings from a legume crop.  
10 July 2023, 00:40 AM

Ceramics export rises to four-year high in FY23

Bangladesh’s exports of ceramic products rose to a four-year high in the just-concluded fiscal year although the growth slowed as manufacturers failed to deliver products on time owing to the shortage of gas, official figures showed. 
10 July 2023, 00:30 AM

Farmers allege difficulties in availing after-sales services

Farmers in Bangladesh are struggling to make the most of a government project that aims to expand farm mechanisation as they face difficulties in availing after-sales services, among other issues, according to a report by the Implementation Monitoring and Evaluation Division (IMED).
10 July 2023, 00:20 AM

ShareTrip, Bangladesh Monitor ink MoU

Online travel agency ShareTrip recently signed a memorandum of understanding (MoU) with The Bangladesh Monitor, a travel trade publication of the country, on title sponsorship of the “Monitor Airline of the Year 2023” awards.
9 July 2023, 18:00 PM

Pubali Bank organises training programme

Pubali Bank recently organised a training programme for its junior officers and junior officers (cash) at Pubali Bank Training Institute in Dhaka.
9 July 2023, 18:00 PM

Eastern Bank opens priority banking centre

Eastern Bank Ltd has opened a priority banking centre on Sonargaon Road at Bangla Motor in Dhaka.
9 July 2023, 18:00 PM

AB Bank approves 2% dividend

Shareholders of AB Bank in its 41st annual general meeting (AGM) approved a 2 per cent stock dividend for the year that ended on December 31, 2022.
9 July 2023, 18:00 PM

Southeast Bank holds business conference

Southeast Bank Ltd virtually organised the bank’s half-yearly “Business Conference-2023” yesterday.
9 July 2023, 18:00 PM