Concord has won the National Environment Medal-2022 for its contribution to environment protection and pollution control.

The leather industry cannot flourish properly depending only on the activities that take place during Eid-ul-Azha, Industries Minister Nurul Majid Mahmud Humayun said yesterday.

Chittagong Independent University (CIU) held its 10th meeting of 4th Board of Trustees (BoT) at CIU conference room on June 6, said a press release.

Dhaka Motor Show, where brand new cars and motorcycles will be on display, will take place between June 23 and 25 at the International Convention City Bashundhara (ICCB) in Dhaka.

City Bank’s credit ratings have recently been upgraded by the Credit Rating Agency of Bangladesh, the long term from AA2 to AA1 and the short term from ST-2 to ST-1.

The provisioning scenario of banks in Bangladesh further deteriorated in the first quarter of this year for an increase in default loans, an indication of the banking industry’s health having worsened. 

Supermarket chain Meena Bazar, a subsidiary of Gemcon Group, has launched its 16th outlet in NAM Bhaban-2 on Manik Miah Avenue in Dhaka.

Standard Chartered Bangladesh has launched file centres for students at its Gulshan and Dhanmondi branches in a bid to enable seamless banking services for those pursuing education abroad.

Navana has launched Toyota models Raize, Avanza and Veloz at its Tejgaon showroom in Dhaka. 

Sales of some 94 per cent of small and medium enterprises (SMEs) dropped during the pandemic and some 21 per cent faced closure, leading to around 37 per cent of employees losing jobs, revealed SME Foundation yesterday. 

About 85 per cent of the local and Japanese companies with operations in both nations want their respective governments to sign a free trade agreement (FTA) so that they can continue enjoying duty benefits after Bangladesh graduates from the UN’s list of least developed countries in 2026, according to a survey.

ICC Bangladesh (ICCB) strongly endorsed the finance ministry’s recent recommendation to avoid hard loans and discourage the import of luxury goods in order to reduce the pressure on declining foreign exchange reserves.

Rangpur Metal Industries (RMI), a concern of Pran-RFL Group, has brought new cooker hood using latest technology to the market.

City Bank recently raised Tk 700 crore issuing its fourth subordinated bond.

United Feeds Ltd, a sister concern of Meghna Group of Industries (MGI), has been recognised as the ‘Dairy Icon-2021’ by the Ministry of Fisheries and Livestock for contributing to the poultry and fisheries industries of Bangladesh for more than 20 years.

Sonali Bank signed an agreement with Rajdhani Unnayan Kartripakkha (Rajuk) to receive the charges and fees from implementing Urban Resilience Project under the electronic construction permitting system (ECPS) through the “Sonali Payment Gateway” services.

Walton has set up a research and innovation centre in South Korea.

Brac Bank logged a profit after tax of Tk 134 crore in the January-March period of 2022 on a stand-alone basis.

Sonali Aansh Industries’ profits more than tripled in the third quarter of the current financial year on the back of higher export turnover.  

Parking money in banks is no longer attractive as surging inflation is eating away 2.2 per cent of savings in real terms, effectively discouraging depositors, states an analysis of the Centre for Policy Dialogue (CPD).