National Housing gets BSEC nod for Tk 374cr bond

The Bangladesh Securities and Exchange Commission (BSEC) today gave the go-ahead to the National Housing Finance and Investment Ltd (NHFIL) to raise Tk 374 crore by issuing bonds to provide loans for homes, the regulator said.
28 November 2023, 15:50 PM

Trade delegation to visit Thailand

A 50-member trade delegation led by Abdur Rahim Khan, additional secretary of the ministry of commerce, will go to Thailand to take part in a business-to-business matchmaking seminar to be held in Bangkok on Thursday.
28 November 2023, 15:25 PM

Alpha Islami Life Insurance to raise Tk100cr thru IPO

Alpha Islami Life Insurance Ltd (AILIL) has decided to raise capital of Tk 100 crore through an Initial Public Offering (IPO).
28 November 2023, 14:55 PM

Abdul Matlub Ahmad elected as IBCCI chairman

Abdul Matlub Ahmad, chairman of Nitol Motors Ltd and ex-president of the Federation of Bangladesh Chambers of Commerce and Industry, has been elected as president of the India-Bangladesh Chamber of Commerce and Industry (IBCCI) for a two-year term (2023-2025).
27 November 2023, 16:02 PM

LafargeHolcim inks MoU with BGMEA

LafargeHolcim Bangladesh Ltd (LHBL) has signed a memorandum of understanding (MoU) on sustainable waste management with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
27 November 2023, 15:50 PM

Mastercard honours 27 companies

Mastercard, a global payment-processing company, today honoured 27 financial institutions, lifestyle brands, retail chains, healthcare organisations, mobile financial service providers and other businesses at the Mastercard Excellence Awards 2023.
25 November 2023, 16:03 PM

GPH Ispat strikes MoU with Public Works Department

GPH Ispat Ltd, an integrated steel manufacturing company in Bangladesh, recently signed a memorandum of understanding (MoU) with the Public Works Department (PWD).
25 November 2023, 15:22 PM

MIDAS Financing approves 1.5% cash dividend

MIDAS Financing Ltd, a non-bank financial institution in Bangladesh, has announced a 1.5 percent cash dividend for the year that ended on December 31, 2022.
23 November 2023, 15:05 PM

Yamaha service centre opens in Mohammadpur

ACI Motors, a subsidiary of ACI Ltd and a distributor and technical collaboration partner of Yamaha motorcycles in Bangladesh, launched Yamaha 2S Centre Crescent Enterprise on Banshbari Road in Mohammadpur, Dhaka recently.
22 November 2023, 15:50 PM

Helal Ahmed elected as chairman of BA Express USA

Helal Ahmed Chowdhury, an independent director of Bank Asia Limited, has recently been elected as chairman of BA Express USA Inc, a fully owned subsidiary of the bank.
21 November 2023, 15:45 PM

Berger honours fine arts students of DU

Berger Paints Bangladesh Ltd, a leading paint solutions brand in the country, has awarded eight talented students of the faculty of fine arts at the University of Dhaka with the “Berger Student of the Year” award for their academic excellence.
21 November 2023, 15:20 PM

Switzerland-Bangladesh chamber holds its AGM

Foreign direct investment from Swiss companies doubled to $77.28 million in 2022 from $37.80 million in 2021, according to Abdur Rashid, president of the Switzerland-Bangladesh Chamber of Commerce and Industry (SBCCI).
21 November 2023, 15:10 PM

ICB gets new chairman

Suborna Barua, professor of the department of international business of the University of Dhaka, joined as a director and chairman of the board of directors of the Investment Corporation of Bangladesh (ICB) on November 19.
20 November 2023, 15:33 PM

CIS-BCCI gets new president

Mohammad Ali Deen has recently been elected president of the Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) for a three-year term.
19 November 2023, 16:15 PM

Modernisation of companies act the need of the hour

Modernisation of the existing Companies Act 1994 is the need of the hour and can foster broader business confidence in Bangladesh while attracting more foreign direct investment (FDI), according to speakers at a seminar yesterday.
18 November 2023, 18:30 PM

Indian multinational faces Tk 7.03cr fine

An Indian multinational company which took part in the construction of Dhaka’s first elevated metro rail is facing a penalty of Tk 7.03 crore for delaying the filing of income tax return for fiscal year 2019-20.
18 November 2023, 18:03 PM

Bangladesh Finance launches 'Green Deposit'

Bangladesh Finance has launched a new financial product named “Green Deposit” in an effort to help transition Bangladesh towards a sustainable economy.
18 November 2023, 14:58 PM

Walton sets up 3.3MW solar panels

Walton Hi-Tech Industries PLC has installed rooftop solar panels of 3.3 megawatt (MW) at its headquarters at Chandra of Gazipur with financing from Infrastructure Development Company Limited (Idcol).
18 November 2023, 13:19 PM

Esquire Electronics launches Sharp Aquos XLED TVs

Esquire Electronics Ltd, an authorised distributor of Sharp in Bangladesh, launched the Sharp Aquos XLED television series, marking a new era in home entertainment.
16 November 2023, 15:05 PM

French embassy holds summit on hydrology

Bangladesh should emphasis the use of smart technology in flood forecasting along with proper management of water resources, according to speakers of a summit.
16 November 2023, 14:58 PM