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.

After recording a 21 percent dip in earnings in fiscal 2022-23, the downturn in frozen food exports have extended in the current fiscal year, according to market players.

Islami Bank’s stock made a record yesterday as Tk 524 crore worth of shares of the lender were traded at the Chittagong Stock Exchange (CSE).

Bangladesh Bank has instructed local banks to refrain from engaging in financial transactions with Myanmar Foreign Trade Bank (MFTB) and Myanmar Investment and Commercial Bank (MICB) as the US has recently imposed sanctions on these two. 

Bangladesh is on the right track to become a high middle-income country by 2041, said Souleymane Coulibaly, acting country director for Bangladesh and Bhutan of The World Bank, yesterday. 

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.

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.

AB Bank Ltd organised a daylong skills development training for women entrepreneurs at Chittagong Club. 

Brac Bank Ltd signed a memorandum of understanding with Bangladesh Indenting Agents’ Association (BIAA) yesterday to provide comprehensive banking solutions tailored for over 1,500 member firms of the association.