StanChart, UCEP to help northern communities

Standard Chartered Bangladesh and UCEP Bangladesh have launched a re-skilling and employment reintegration programme for individuals whose livelihoods have been impacted by Covid-19 and the recent flooding in northern Bangladesh.
6 July 2022, 18:00 PM

MDB launches two deposit schemes

Midland Bank Limited (MDB), a fourth generation private commercial bank in Bangladesh, recently inaugurated two new deposit schemes to mark its ninth year of commercial operations.
5 July 2022, 18:00 PM

Sarker elected vice chair of Dhaka Bank

Md Aman Ullah Sarker was recently elected as vice-chairman of Dhaka Bank Limited, according to a press release from the private commercial bank.
5 July 2022, 18:00 PM

Two become BB directors

Two additional directors of Bangladesh Bank, Md Shabbirul Alam Chowdhury and Saeda Khanam, have been promoted to the post of director. 
5 July 2022, 18:00 PM

MFS-to-bank fund transfer limit fixed

The central bank yesterday fixed the maximum transfer limit from a mobile financial service account to a bank account, a move that would give a boost to the fast-expanding mobile banking in Bangladesh.   
5 July 2022, 18:00 PM

StanChart introduces digital cross-border LC

Standard Chartered Bangladesh has recently completed the transmission of the country’s first-ever paperless and digital cross-border letter of credit (LC).  
5 July 2022, 18:00 PM

Second outlet of Periwinkle was inaugurated in Dhanmondi

Periwinkle, a renowned apparel and accessories brand for kids in Bangladesh, inaugurated its second store, in collaboration with Step Footwear at the ABC Tradeplex in Dhanmondi on Friday 1st July 2022.
5 July 2022, 12:48 PM

BGMEA seeks quick release of goods from BM Container Depot

Garment exporters yesterday demanded quick completion of survey and fast release of the 811 containers stored inside BM Container Depot, where a massive industrial accident took place last month, killing 49 and injuring 200.
4 July 2022, 18:00 PM

Bida starts building inspection in Dhaka

Safety teams led by Bangladesh Investment Development Authority (Bida) started inspecting multi-storied commercial buildings in the areas of Dhaka North and South City Corporations yesterday.
4 July 2022, 18:00 PM

Eastern Cables to export electrical wires to China

Eastern Cables is set to export aluminium electrical wires worth $4.20 million to China, according to a company disclosure posted on the Dhaka Stock Exchange (DSE) website yesterday.
4 July 2022, 18:00 PM

City Bank, IFAD Group sign deal

City Bank signed an agreement with IFAD Group to avail Citygem priority banking facilities.
4 July 2022, 18:00 PM

Shaheen made Eastern Bank AMD

Eastern Bank Ltd recently promoted its deputy managing director to the post of additional managing director.
3 July 2022, 18:00 PM

Banks serving RMG to remain open on July 8, 9

Banks have been asked to keep their branches that serve the readymade garment industry in Dhaka city, Ashulia, Tongi, Gazipur, Savar, Bhaluka, Narayanganj and Chattogram open for full-day on July 8 and 9. 
3 July 2022, 18:00 PM

RFL Electronics secures $23m foreign funds

Pran-RFL Group yesterday announced that its consumer electronics brand RFL Electronics has secured a $23 million loan from British International Investment (BII), the development finance institution of the UK, as the local conglomerate aims to boost its refrigerator production.
3 July 2022, 18:00 PM

Walton wins RoSPA Gold Award

Walton Hi-Tech Industries PLC won the RoSPA Health and Safety Gold Awards for ensuring improved work environment, occupational health and safety.
3 July 2022, 18:00 PM

Kansai Nerolac Paints, Sindabad sign deal

Kansai Nerolac Paints (Bangladesh) Ltd (KNPBL) signed a memorandum of understanding with Sindabad.com, a one-stop solution for all business requirements in the business-to-business universe, over facilitating business through the e-commerce platform.
3 July 2022, 18:00 PM

Mahmood chief business officer of Mutual Trust Bank

Md Khalid Mahmood Khan has recently been appointed as chief business officer (CBO) of Mutual Trust Bank with effect from July 1, 2022.
3 July 2022, 18:00 PM

Bank Asia among top 10 banks in BB sustainability rating

Bank Asia has been listed as one of top 10 banks in sustainability ratings for 2020 and 2021 of Bangladesh Bank. The rating is based on four factors -- sustainable finance, green refinance, corporate social responsibility and core banking sustainability.
3 July 2022, 05:00 AM

Chinese airlines buy 300 planes from Airbus

Four Chinese airlines said Friday they will buy a total of 292 planes from Airbus in a $37 billion windfall for the aviation giant, as the industry rebuilds after the coronavirus pandemic.
2 July 2022, 18:00 PM

BB sustainability rating for IPDC

IPDC Finance Limited has recently been recognised in the “Sustainability Rating” by Bangladesh Bank for 2021.
2 July 2022, 18:00 PM