Monday, 25 Nov, 2024

Business

Modhumoti Bank’s ATM booth in Jhenaidah

DHAKA:  Modhumoti Bank Limited launched its fifth ATM (Automated Teller Machine) booth at Jinnahnagar Branch in the Jhenaidah district on Sunday.  Modhumoti Bank Managing Director and Chief Executive Officer Mizanur Rahman inaugurated the booth.  Meanwhile, ICT Department Chief of

Irregularities in banking sector, BB for stern action

DHAKA: Severe irregularities and perversions seen in various public and private banks, even the guidelines and directives of Bangladesh Bank (BB) are violated there.  After finding the inspection results, in a meeting recently BB Governor Dr. Atiur Rahman expressed to take harder

Irregularities in banking sector, BB for stern action

DHAKA: Severe irregularities and perversions seen in various public and private banks, even the guidelines and directives of Bangladesh Bank (BB) are violated there.  After finding the inspection results, in a meeting recently BB Governor Dr. Atiur Rahman expressed to take harder

Social business workshop held in city

DHAKA: A workshop on Social Business, with participation of 100 national and foreign businesspersons, was held in city’s Grameen Bank building auditorium on Saturday.Noble winner Dr Mohammad Yunus chaired the program where six new proposals of social business were presented.To

Stocks end higher Monday

DHAKA: Country’s stock market marked gain in its price indices on Monday.The key index of Dhaka Stock Exchange, DSEX, rose over 23 points only to stand at 4,564 at the close on the second trading day of the week.Trade deals stood at 140,596 with volume of transactions at Tk 7073

Gold price decreases from Monday

DHAKA: Gold in the local market is going to sell at Tk 47,180 a bhori as the prices of the precious metal fell in the international market.Bangladesh Jewelers Samity (BJS) decided due to the downward trend in its international market price.  The price was reduced to BDT 1,225 per bhori

Urbanization drives m-commerce interest

DHAKA: A new research conducted by Ericsson ConsumerLab showed that urbanization stimulates interest in m-commerce services in emerging Asia, such as sending and receiving money via mobile phones. Family and friends--so-called circles of trust--are vital when it comes to financial

Trade depends on bilateral interest: VK Singh

DHAKA: Visiting India’s state minister for external affairs and development of north-eastern region Vijay Kumar Singh commented that business will be expanded between two neighboring countries if there is any bilateral interest. Singh commented at the Bangladesh-India business

EXIM Bank provides vehicles for pilgrims

DHAKA: Export Import Bank Limited of Bangladesh has provided transport facilities to the hajj pilgrims to move from their camps to the airport. EXIM bank deputy managing director M Sirajul Islam handed over the keys of a 52-seat passenger bus, a micro bus and a covered van to Bangladesh

ONE Bank gets Best Performing Award

DHAKA: ONE Bank has achieved "Best Performing Bank" award instituted by US Dollar Clearing Business.M Fakhrul Alam, Managing Director (MD) of the bank recently received the prestigious award from Ranju Sigtia, Regional Head (Asia Pacific), International Financial Institutions Group,

ETL signs deal with HSBC, BRAC Banks

DHAKA: Envoy Textiles Limited (ETL) signed a $20 million loan agreement with Hongkong and Shanghai Banking Corporation Limited (HSBC) and BRAC Bank Limited.The agreement was signed at ETL corporate office in Kalabagan of the city on Wednesday.However, Envoy Textiles Limited (ETL)

29th SEANZA central course begins

DHAKA: The 29th Central Banking Course of South East Asia, New Zealand, Australia (SEANZA), an association of the central banks of these regions, began in the city on Sunday.SEANZA president Shitangshu Kumar Sur Chowdhury inaugurated the course at the Pan Pacific Sonargaon Dhaka in

Industries growth to create job opportunities

DHAKA: Prime Minster Sheikh Hasina, also ruling Awami League president, on Sunday said the growth of industries sector would increase the employment opportunity in the country.  “The government is working for the expansion of the industries sector with a view to boosting up job

Stocks witness mixed Sunday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Sunday. The braod index of Dhaka Stock Exchange, DSEX, shed over six points to stand at 4,540 at the close on the first trading day of the week. Trade deals stood at 13,7957 with transaction at Tk

VK Singh for joint-effort on RMG

DHAKA: Indian state minister for external affairs and Development of North Eastern Region VK Singh on Sunday proposed joint-effort with Bangladesh on ready made garments (RMG).VK Sing placed his proposal during the meeting with Bangladesh foreign minister Abul Hasan Mahmood Ali at

Finance Minister AMA Muhith Sick

DHAKA: Finance Minister AMA Muhith did not attend a program of unwrapping book due to his illness on Saturday. The finance minister was scheduled to unwrap a book titled ‘Selected Micro Economic Theory and Practice’ published by the Daily Star. Daily Star Editor Mahfuz Anam made the

NRB Global Bank signs deal with DHL

DHAKA: An agreement has recently been signed between DHL Express and NRB Global Bank Limited in city.  As per the agreement, the customers of NRB Global Bank will be able to send and receive parcel from 220 countries of the world. NRB Global Bank Deputy Managing Director RQM Forkan and

TK 100cr IDB aid for water supply

DHAKA: With a budget of Tk 133.16-crore funded by the Islamic Development Bank (IDB) and government jointly, government has taken a special move to ensure sustainable water management in municipality area under different circles.The Department of Public Health and Engineering (DPHE)

Venom worth of TK 100-crore recovered

BENAPOLE, JESSORE: Border Guard Bangladesh (BGB) recovered venom worth about one hundred crore taka from Amrakhali BGB check-post in Benapole.BGB also held a man named Milon (35), son of Akbar Ali of Kakmari village of Benapole Port Thana.BGB said that acting on tip-off they conducted

VK Singh due in Dhaka Sunday

DHAKA: General Vijay Kumar Singh (retired), Minister of State of External Affairs and Minister of state (independent charge) for North East Region of India, will visit to Dhaka on Sunday (August 24) to join in a business conclave. India Chamber of Commerce (ICC), Kolkata and