United Commercial Bank yesterday signed a remittance service agreement with Small World Financial Services Group Ltd.

The Bangladesh Securities and Exchange Commission has given go-ahead to the open-ended mutual fund named Green Delta Dragon Enhanced Blue Chip Growth Fund worth Tk 50 crore.

AB Bank Ltd and NRB Commercial Bank Limited have received permission from the Bangladesh Securities and Exchange Commission (BSEC) to declare dividends for the financial year that ended on December 31, 2022.    

AmCham president says

It rose to Tk 108.75 on May 22

It opens new company for Bangladesh named JP Build BD Co

The mutual fund will be worth Tk 50 crore

AB to give 2% stock dividend, NRBC 4.5%

Indian high commissioner says at MCCI meeting

The data centre will be established within six to nine months

Effective May 16, 2023, US cotton can arrive in Bangladesh without fumigation at the port of entry

Delta Agro Food Industries, a joint venture of Seacom Group and Samuda Group, has set up a factory in Narayanganj at an investment of more than Tk 1,200 crore one and a half years ago. 

Visiting officials of the United States Trade Representative (USTR) yesterday sought the views of union leaders from different economic sectors on the labour situation in Bangladesh across six major areas.

The government is yet to take any comprehensive corrective measures to tackle macroeconomic challenges as it has not properly assessed the gravity of the situation in the current fiscal year, an economist said.  

The banking sector alone can’t tackle the challenge of the higher non-performing loans (NPLs) given the severity of the issue, said the Association of Bankers, Bangladesh (ABB) yesterday.

The International Finance Corporation (IFC) is providing up to $35 million fund to Tanveer Food Limited (TFL), a concern of the Meghna Group of Industries (MGI), to help establish a state-of-the-art automated rice mill in the Bogura region.

The government yesterday recognised 44 industrialists as commercially important person for their contribution to the economy for 2021.

Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), is going to be the new president of the Saarc Chamber of Commerce and Industry (SCCI), the apex trade body of the south Asian region.

The government spent a whopping Tk 1,200 crore to lay optical fibre across 2,600 unions of Bangladesh under phase-3 of the Info Sarkar project, which aims to provide high-speed internet at the union level.

Delta Life Insurance Company Ltd recently signed an agreement with Ha-Meem Group and its subsidiaries Channel-24 Ltd and the daily Samakal on insurance facilities.