Walton, the local electronic giant, sold out seven lakh units of refrigerator in the domestic market in three months from May to July.
Tag: Business
Stocks maintain four-day positive trend
DHAKA, Sept 1, 2020 (BSS) – Country’s both the stocks registered gentle correction today ending the winning streak of last fourth sessions as risk-averse investorsrushed for profit booking.
Apple first US company to be valued at $2tn
Tech giant Apple has become the first US company to be valued at $2tn (£1.5tn) on the stock market. It reached the milestone just two years after becoming the world’s first trillion-dollar company in 2018.
Dubai relaxes liquor rule again
Dubai has again loosened laws governing alcohol sales and possession of liquor as part of the United Arab Emirates efforts to bring itself out of an economic depression worsened by the coronavirus pandemic.
Stocks end week maintain gaining streak
Dhaka, Aug 13 – Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) closed trading at the last session of week maintaining the gaining streak as investors put fresh stakes on stocks amid growing confidence in…
Public-funded Vanderbilt Varsity aims to gain from COVID-19
By Edward Hammond Vanderbilt University is in hot pursuit of pandemic profits. Antibodies from Vanderbilt, potential COVID-19 treatments whose discovery was paid for by the public, have been turned into private property as the University and its partner, the drug…
IBBL inaugurates its Sheikhpara Bazar sub-branch in Kushtia
Islami Bank Bangladesh Limited inaugurated its Sheikhpara Bazar sub-branch under Jhenidah Branch at Sheikhpara adjoining to Islamic University, Kushtia recently. Md. Maksudur Rahman, Senior Executive Vice President & Head of Jashore Zone of the Bank inaugurated the sub-branch as chief…
Govt to strongly monitor rawhide collection at fixed prices
Dhaka, July 25 – Monitoring teams formed by the Ministry of Commerce will work from the Eid day to ensure the collection of rawhides of sacrificial animals across the country.
IBSL holds Annual General Meeting virtually
Annual General Meeting of Islami Bank Securities Limited (IBSL) was held on 17 July 2020, Thursday virtually. Mohammed Nasir Uddin FCMA, Chairman of IBSL presided over the meeting. Major General (Retd.) Engr. Abdul Matin, Vice Chairman, Dr. Areef Suleman, Director…
Online Cattle Markets opened to sell sacrificial animals
Dhaka, July 21 – A handful of public and private business entities have opened digital cattle markets (Qurbanir haat) to help the people in carrying out their religious duties overcoming the COVID-19 threat.
IBBL holds web seminar on compliance of Shari’ah in banking activities
Islami Bank Bangladesh Limited organized a web seminar on compliance of Shari`ah in banking sector on 18 July 2020, Saturday. Professor Md. Nazmul Hassan, Ph.D, Chairman, Board of Directors of the bank addressed the program as chief guest. Professor Dr.…
Cabinet approves provision for one-man company
Dhaka, July 20 – The Cabinet on Monday gave the final approval to the draft of ‘Companies (2nd Amendment) Bill, 2020’ keeping a provision of formation of one-man companies aiming to attract larger investment and do better in the global…
BD Malaysia Chamber pushes for salvaging RMG industry
Dhaka, July 18 – Speakers at a webinar on Saturday said the looming crisis in the RMG industry will have a multiplied chain reaction to the whole economy, and salvaging this industry will be beneficial to other sectors as well.
Fahim Saleh murder: Personal Asst who stole $90,000 held
Dhaka, July 18 – New York police on Friday arrested the personal assistant of Fahim Saleh, a tech entrepreneur and co-founder of Bangladeshi ride-sharing app Pathao, who was brutally murdered in his own apartment in Manhattan three days back.
Fahim Saleh murder: Police identify ‘person of interest’
New York police on Thursday said they identified a “person of interest” in the murder of young tech entrepreneur Fahim Saleh but the suspect was not in custody yet.
IBBL inaugurates its Bolirhat sub-branch in Chattogram
Islami Bank Bangladesh Limited inaugurated its Bolirhat sub-branch at Khaja road, East Sholoshohor under Bahaddarhat Branch, Chattogram on 12 July 2020, Sunday. Mohammad Yakub Ali, Executive Vice President & Head of Chattogram South Zone of the Bank inaugurated the sub-branch…
Jamuna Group chairman Nurul Islam dies of coronavirus
Dhaka, July 13 – Jamuna Group chairman Md Nurul Islam Babul died of coronavirus at a hospital in the city on Monday. He was 74.
Recruiting Agencies’ Assoc BAIRA for Tk 20 bn stimulus deal
Bangladesh Association of International Recruiting Agencies (BAIRA) on Wednesday demanded stimulus package of Tk 2,000 crore arguing that the manpower export sector is the greatest sufferer of damage during Covid-19 pandemic.
Transcom Group chairman Latifur Rahman dies
Latifur Rahman, chairman and CEO of Transcom Group, passed away at his village home on Wednesday afternoon. He was 75. He had been suffering from old-age complications and breathed his last around 1 pm, said Jahidul Islam, caretaker of his…
IBBL board recommends 10% cash dividend for shareholders
The Board of Directors of Islami Bank Bangladesh Limited has recommended 10% cash dividend for the shareholders for the year 2019 subject to approval of the 37th Annual General Meeting of the Bank. The decision was taken in a virtual…
Microsoft closing all physical stores permanently
New York, AP/UNB, June 27 – Microsoft announced on Friday that it is permanently closing nearly all of its physical stores around the world.
Global social leaders to discuss post pandemic world: Yunus
Social Business Day to be observed on June 26-28 Dhaka, June 25 – Nobel Laureate Professor Dr Mohammad Yunus is going to hold several discussions with global social business leaders about the post-pandemic world in the observance of Social Business…
IBCML holds Board Meeting
A meeting of the Board of Directors of Islami Bank Capital Management Limited (IBCML) was held virtually on 24 June 2020, Wednesday. Presided over by Professor Md. Kamal Uddin, Ph.D, Director of IBBL and Chairman of IBCML, the meeting was…
Online agro market hortexbazarbd.com launched in Dhaka
An online market for agricultural products, hortexbazarbd.com, was launched, aiming to develop the market of quality vegetables and fruits as well as create scope for increasing export of agro goods.
Dhaka, Beijing trade connectivity to be enhanced: Envoy
Chinese Ambassador to Bangladesh Li Jiming has said both Bangladeshi exporters and Chinese consumers will be benefited amid zero tariff entry of Bangladeshi products to the Chinese market.
IBBL Mymensingh Zone holds special Business Development Conference
Mymensingh Zone of Islami Bank Bangladesh Limited organized special Business Development Conference virtually on 21 June 2020, Sunday. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Muhammad Qaisar…
IBBL Khulna Zone holds special Business Development Conference
Khulna Zone of Islami Bank Bangladesh Limited organized special Business Development Conference virtually on 17 June 2020, Wednesday. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Muhammad Qaisar…
IBBL Rajshahi Zone holds special Business Development Conference
Rajshahi Zone of Islami Bank Bangladesh Limited organized special Business Development Conference virtually on 16 June 2020, Tuesday. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Muhammad Qaisar…
IBBL Chattogram South Zone holds special Business Development Conference
Chattogram South Zone of Islami Bank Bangladesh Limited organized special Business Development Conference virtually on 15 June 2020, Monday. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Muhammad…
IBBL Chattogram North Zone holds special Business Development Conference
Chattogram North Zone of Islami Bank Bangladesh Limited organized special Business Development Conference virtually on 11 June 2020, Thursday. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Muhammad…