Margin loans hit pockets of investors

Tanvir Islam, a banker, has invested Tk 17 lakh in the stock market since he started trading on the Dhaka Stock Exchange (DSE) a decade ago.  
10 September 2023, 00:00 AM

SBAC Bank MD resigns

Habibur Rahman, managing director and CEO of South Bangla Agriculture and Commerce (SBAC) Bank, has resigned from his post citing personal reasons.
9 September 2023, 18:00 PM

Tk 209cr project to boost char crop output

The government has initiated an agricultural project at a cost of Tk 209 crore with the aim to increase production of crops in char areas by expanding the use of modern technologies. 
9 September 2023, 18:00 PM

Dairy Board Bill gives farmers hope

Dairy farming in Bangladesh will get a boost once a dairy development board comes into being, hoped farmers yesterday regarding a bill being recently placed in parliament. 
9 September 2023, 18:00 PM

IFIC Bank to aid 200 Kumudini student nurses

IFIC Bank PLC signed a memorandum of understanding (MoU) with Kumudini Nursing College recently to support 200 students enrolled in the Diploma in Nursing course for academic year 2023-24 as a part of its corporate social responsibility. 
9 September 2023, 18:00 PM

Medical, lab expo ends in Dhaka

Over 250 companies and 500 brands from home and abroad focusing the medical, hospital and laboratory fraternity have participated in a “2nd BANGLA MED & LAB EXPO” concluding at International Convention City Bashundhara in Dhaka yesterday. 
9 September 2023, 18:00 PM

Prime Bank clients to get travel discounts

Neera, Prime Bank’s services tailored for women, and Wander Woman, a women-centric travel and networking platform in Bangladesh, entered into a deal recently enabling discounts for the bank’s customers availing the latter’s products and services.
9 September 2023, 18:00 PM

Lavrov gives ‘rationale’ for Ukraine war

Russian Foreign Minister Sergei Lavrov explained why Russia “had to” start military intervention in Ukraine during his interaction with the Soviet Alumni Association, Bangladesh (SAAB) in Dhaka on Friday.
9 September 2023, 18:00 PM

SBAC Bank CEO resigns

He cited personal reasons for the resignation
9 September 2023, 15:35 PM

Rough sea delays Pangaon Express’s salvation

The container vessel sank on July 6 in the bay near Noakhali’s Bhasanchar
9 September 2023, 13:30 PM

Apparel shipment to US plunges 20% in Jan-Jul

Bangladesh’s apparel shipments to the US declined 19.82 percent year-on-year in the January-July period this year in spite of a gradual improvement in retail sales.
8 September 2023, 00:00 AM

Private sector credit growth drops to single digit

The private sector credit growth in Bangladesh nosedived to single digit in July as both banks and borrowers face multiple challenges amid lingering economic uncertainty at home and abroad and the growing political crisis centring next year’s national elections.
8 September 2023, 00:00 AM

Feature phone production doubles in July

Feature phone production has more than doubled month-on-month in July as consumers turn to more affordable alternatives to smartphones amid sustained high inflation.
8 September 2023, 00:00 AM

Family business: echoes of a cracking tower!

Property disputes are nasty, but it is particularly distasteful when it follows the death of a parent. And this phenomenon of fighting over inheritance continues to be a part of human history, no matter which part of the world you are in.
7 September 2023, 18:00 PM

DSE plans to get green garment factories listed

Dhaka Stock Exchange (DSE) is planning on wooing garment factories which adopted environment-friendly practices to get listed so that the opportunity to invest in good stocks arises while the factories can diversify their financing portfolio. 
7 September 2023, 18:00 PM

Tk 1,243cr LNG to be imported from spot market

The government yesterday approved two proposals seeking to buy 67.20 lakh tonnes of liquefied natural gas (LNG) worth Tk 1,243 crore from the international spot market to alleviate the energy shortage facing the economy.
7 September 2023, 18:00 PM

Islami Bank gives Tk 1.25cr for DU special convocation

Islami Bank Bangladesh PLC yesterday provided Tk 1.25 crore as one of the sponsors of a special convocation of the University of Dhaka. 
7 September 2023, 18:00 PM

Agrani Bank opens branch in Mujibnagar

Agrani Bank extended its operational network further with the inauguration of Komarpur branch, the 972nd branch of the bank, at Mujibnagar upazila in Meherpur yesterday.
7 September 2023, 18:00 PM

NRBC Bank inks deal with ICB Asset Management

NRBC Bank recently signed an agreement with ICB Asset Management Company Limited (IAMCL) to sell the latter’s 15 open-end mutual funds as a sales representative.
7 September 2023, 18:00 PM

Tech park opens in Netrokona

The Metal Pvt Ltd, in association with Appropriate Scale Mechanisation Innovation Hub (ASMIH)-Bangladesh project of Bangladesh Agricultural University (BAU) and Single Shade Service Point (S3P), opened a technology park at Purbadhala in Netrokona on Wednesday. 
7 September 2023, 18:00 PM