Tarek Reaz Khan, managing director of the embattled Padma Bank, has resigned from his post citing personal reasons.

Banga Building Materials Limited (BBML), a concern of Pran-RFL Group, has raised Tk 300 crore issuing sukuk bonds to repair existing machinery and procure new ones. 

More actions are needed to stabilise the foreign exchange reserve, ease inflation, enhance government revenue, ensure adequate fuel and power for industrial activities, and extend social safety net programmes in Bangladesh, according to a leading trade body.

Shimanto Bank recently signed a memorandum of understanding (MoU) with mobile financial service (MFS) provider Nagad Ltd at the bank’s head office in Dhaka.

Eastern Bank Limited (EBL) has been renamed as Eastern Bank PLC with effect from September 3.

Mutual Trust Bank Ltd has promoted a deputy managing director to the post of additional managing director with effect from September 1 this year.

Trust Bank Ltd and Astra Airways Ltd have signed a memorandum of understanding (MoU) at the bank’s head office in Dhaka on Monday.

Renata Ltd, a pharmaceutical manufacturer of Bangladesh, recently signed a deal with bKash to use its business-to-business (B2B) “Cash Pickup” solution at 19 distribution depots across the country.

Sugar prices in India have jumped by more than 3 percent in a fortnight to their highest level in six years, traders and industry officials said, as limited rainfall in the country’s key growing regions raised production concerns for the upcoming season.

The first “Bangladesh Festival”, a four-day fair aiming to promote tourism in Bangladesh, will begin at the Bangabandhu International Conference Centre in Dhaka on September 27.

HC stays requirement of consent from Bangladesh Ocean Going Ship Owners’ Association (BOGSOA)

It lasted for over half an hour after 6pm today

Tk 524 crore worth of shares of the bank change hands at Ctg bourse today

The banks are: Myanmar Foreign Trade Bank and Myanmar Investment and Commercial Bank

The global SWITCH2CE project is co-funded by the European Union and Finland government

The construction of an export processing zone (EPZ) in Patuakhali will begin soon after all land acquisition costs are cleared within the next one month or so, according to project officials.

Earnings from merchandise shipments in August increased slightly by 3.80 percent to $4.78 billion, mainly riding on apparel exports as all the other major sectors staged a poor performance last month.

Shamim Ahmed has been re-elected as the president of the Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA) for a one-year term (2023-2024).

Traders in Old Dhaka who shift their chemical warehouses to the capital’s Shyampur will be able to get their trade licences renewed, said Dhaka South City Corporation Mayor Sheikh Fazle Noor Taposh yesterday. 

The country’s two leading trade bodies -- the Metropolitan Chamber of Commerce and Industry (MCCI) and Dhaka Chamber of Commerce and Industry (DCCI) -- welcomed the inauguration of the Dhaka Elevated Expressway and termed it a historic milestone for Bangladeshi people.