City joins Net-Zero Banking Alliance

City Bank has recently joined Net-Zero Banking Alliance, a platform of banks worldwide representing almost 40 per cent of global banking assets and committed to align lending and investment portfolios with net-zero emissions by 2050.
25 April 2022, 18:00 PM

Brac Bank donates 5pc of CSR fund to PM’s trust

Brac Bank has contributed 5 per cent of its total corporate social responsibility (CSR) budget for 2022 to the Prime Minister’s education assistance trust (EAT).
25 April 2022, 18:00 PM

DBBL approves 27.5pc dividend

Shareholders of Dutch-Bangla Bank Ltd (DBBL) have approved a 27.5 per cent dividend for 2021 as it made higher profits.
24 April 2022, 18:00 PM

Keya Cosmetics gets independent directors

The Bangladesh Securities and Exchange Commission (BSEC) has appointed two independent directors at Keya Cosmetics to improve corporate governance in the company.
24 April 2022, 18:00 PM

Singer launches AC with voice control features

Singer Bangladesh yesterday launched a “Green Inverter Plus Smart” series air conditioner with voice control features.
24 April 2022, 18:00 PM

Need customs services? Call 16134

The National Board of Revenue (NBR) has launched a hotline, 16134, providing services related to an Automated System for Customs Data (Asycuda) and customs.
23 April 2022, 18:00 PM

Suguna Food avails StanChart services

Standard Chartered Bangladesh has established a host-to-host integration solution for multinational feed company Suguna Food and Feeds Bangladesh Private (Suguna).
23 April 2022, 18:00 PM

Worry less, focus on good stocks

Investors should focus on the stocks with good fundamentals instead of making bets on speculative securities and worrying too much about global scenario and their impacts on the market, said Shekh Mohammad Rashedul Hasan, managing director of UCB Asset Management.
23 April 2022, 18:00 PM

Walton records drop in profits

Profits of Walton fell in the January-March period of 2022 due to a hike in global raw material prices and higher shipping charges.
23 April 2022, 18:00 PM

Bangladesh wants to sign CEPA with India in a year

As Bangladesh prepares to graduate into a developing country, its Commerce Minister Tipu Munshi has said his country is keen to clinch a Comprehensive Economic Partnership Agreement (CEPA) or Free Trade Agreement (FTA) not only with India but also with Indonesia and Sri Lanka in a year.
23 April 2022, 18:00 PM

April 22nd marks yet another Earth Day. Instead of letting such a milestone go by, let us sit down and mull over the question: Is our planet okay?

Urban areas around the world continue to suffer from various forms of pollution and abnormal rise in temperature. Natural disasters only add to our woes. You don’t have to look far to find such a place, as our very own Dhaka has the notorious reputation of being the city with the worst air quality in the world.
22 April 2022, 16:22 PM

Nestle fends off cost inflation

Nestle on Thursday confirmed it expects to grow sales around 5 per cent and keep margins broadly stable this year after higher pet food, dairy and coffee prices did not deter consumers in the first quarter, forecasting more price increases ahead.
21 April 2022, 18:00 PM

Arla Foods, Royal DSM tie up to cut methane emission

European dairy cooperative Arla Foods, producer of milk powder brand Dano, and Dutch corporation Royal DSM are set to start a pilot project on feeding 10,000 dairy cows across three European countries a methane reducing feed additive Bovaer.
21 April 2022, 18:00 PM

BSEC frets as institutions shy away from stocks

When the stock market goes through a bearish trend, the regulator usually prods institutional investors, mostly unofficially, to pour money to revive it and some of them respond positively.  
20 April 2022, 18:00 PM

BSEC raises circuit breaker’s lower limit

The Bangladesh Securities and Exchange Commission (BSEC) has raised the market circuit breaker’s lower limit to 5 per cent from existing 2 per cent with effect from today.
20 April 2022, 18:00 PM

Anti-money laundering assoc gets new leaders

Mohammad Ziaul Hasan Molla, deputy managing director of Bank Asia, and Chowdhury Moinul Islam, deputy managing director of Brac Bank, have been elected chairman and general secretary of the Association of Anti-Money Laundering Compliance Officers of Banks in Bangladesh for 2022-23.
19 April 2022, 18:00 PM

Profits of Doreen Power rise 54pc

Profits of Doreen Power Generations and Systems soared 54 per cent in the first nine months of the 2021-22 financial year thanks to higher earnings among its subsidiaries.
18 April 2022, 18:00 PM

DHL Express signs deals with two banks

DHL Express Bangladesh signed service agreements with Shahjalal Islami Bank Ltd and Mutual Trust Bank Ltd at their respective corporate offices recently.
18 April 2022, 18:00 PM

Premier Bank, TVS Auto sign MoU

Premier Bank Ltd signed a memorandum of understanding (MoU) with TVS Auto Bangladesh to promote newly launched motorbike products of the company.
18 April 2022, 18:00 PM

IDRA fines 21 insurers over Tk 72 lakh

The Insurance Development and Regulatory Authority (IDRA) has fined 21 insurance companies over Tk 72 lakh for, among others, purchasing assets without its approval, charging higher premiums than the government fixed rates and forging letters.
17 April 2022, 18:00 PM