National Housing Finance and Investments Ltd, a specialised financial institution, has completed 25 years of operation in the financial sector.

SBAC Bank Ltd has elected a new chairman at a meeting of its Board of Directors last week. 

Brac Bank’s consolidated net profit after-tax (NPAT) grew by 75 percent supported by strong balance sheet growth in the first half of 2023.

The Board of Directors of Bank Asia Limited recently re-elected Helal Ahmed Chowdhury as an independent director for another three-year term at its 500th board meeting.

Walton received orders worth around Tk 250 crore from various local and overseas companies in the recently held “International Advanced Components and Technology (ATS) Expo-2023”.

Rancon FC Properties, a subsidiary of Rancon Group, handed over their environmentally friendly project styled “Casa Crown” to its clients at Nasirabad Housing in Chattogram yesterday.

Pathao, Bangladesh’s one of largest digital services company, has applied for a licence to set up a digital bank and extend banking services through its proposed Pathao Digital Bank.

Capital flight, a growing concern for Bangladesh over the past few decades, refers to the outflow of financial assets from a country. While usual outflow may also be foreign direct investment, the problem arises when the fund transferred from a country does not have proper documentation of source and there is no intend of repatriation of the fund. This leads to loss of government revenue and depletion of foreign currency reserves.

Bangladesh is registering a slow spike in the cultivation of onions during summer with the government patronising the expansion to reduce high import dependence during the lean season from October to November.

The government should have facilitated egg imports for a certain period because of the recent abnormal price hike for the low-cost source of protein, according to Ghulam Rahman, president of the Consumers Association of Bangladesh (CAB).

Business leaders and experts have lauded one of the four packages of a universal pension scheme (UPS) meant for employees of private companies, saying it would enhance post-retirement financial security and benefit employers too. 

The bank did not take prior approval for re-electing Ron as a director

It made the call in a meeting with a delegation of Associated British Foods (ABF)

The ride-sharing company will utilise its own fund

Bangladesh spent the highest, over Tk 10,000 crore, behind the import of each of nine products in fiscal year (FY) 2022-23 although some 4,788 types of goods enter through the Chattogram port.

Big pharmaceutical companies in Bangladesh are gradually taking hold of the country’s growing market for herbal medicines as people are opting for higher quality natural remedies with recognisable brand value.

Superstore brand Meena Bazar yesterday launched its 27th outlet at Shimanto Square on Dhanmondi Road 2 in Dhaka, aiming to provide quality products and services to its customers at affordable prices.

Nagad Ltd recently launched a payment campaign styled “Class XI Admission Payment Campaign” enabling college students to pay their admission fees charge-free using its app.

Eastern Bank Limited (EBL) yesterday organised a webinar titled “Father of the Nation Bangabandhu Sheikh Mujibur Rahman’s Vision of a Developed Bangladesh”, marking the 48th National Mourning Day.

The construction works of Yotta Data Services’ data centre in Bangabandhu Hi-Tech City, Kaliakoir has started recently.