Browse Month

April 2025

Fly Thai with Huawei

Huawei, the world’s third largest Smartphone manufacturer, has launched a new facebook contest “Fly Thai with Huawei” in Bangladesh on the occasion of Eid festival, where 10 lucky people will get opportunities to visit to Thailand for 3days and 2nights in mid August. Customer can participate in this contest by purchasing a Huawei Handset. After buying the handset, customer will need to take his/her “shopfie (selfie while shopping)” and post this on Huawei Technologiestheir timeline tagging Huawei Device Bangladesh facebook page a...

PBL organizes workshop on Green Banking

A workshop on “Green Banking & SME Finance” organized by Pubali Bank Dhaka North Region was held recently. Managing Director of Pubali Bank Ltd (PBL) Md. Abdul Halim Chowdhury was present as Chief Guest. Deputy Managing Director of Pubali Bank Ltd. Safiul Alam Khan Chowdhury, GM of Bangladesh Bank Swapan Kumar Roy, DGM of Bangladesh Bank S. M. Mohsin Hossain were present as Special Guests. Green Banking & SME FinanceIn his speech Managing Director of Pubali Bank Ltd. Md. Abdul Halim Chowdhury said, “SME sector...

Midland Bank Branch opens at Panchrukhi, Naraynganj

Midland Bank Limited opened its 12th branch at Panchrukhi, Araihazar, Naraynganj on 2nd July, 2015. MDBMr. M. Moniruzzaman Khandaker, Chairman of the Bank inaugurated the Branch. Managing Director and CEO Md. Ahsan-uz Zaman, was present on the occasion. Clients, Businessmen, number of local elites, Mr. Md Rozdar Ali, AVP & Head of Panchrukhi Branch and other high officials of the Bank were also present on the occasion. The ceremony started with monajat seeking divine blessings of Almighty Allah for the welfare, progress and prosperity of the Bank and cou...

Democracy mere not a mystifying western plot

The slow unfolding of the sustainable development goals continued last month with the unveiling of the zero draft that will be negotiated in the runup to the summit in New York in September. How does the draft of 17 goals look from the perspective of an organisation dedicated to helping countries to strengthen democracy? The answer is not bad, but not good. [caption id="attachment_17757" align="alignright" width="576"]democracy A Bahraini pro-democracy protester gestures in front of a wall sprayed with anti-government graffiti. Photograph: Hasan Jamali/AP...

Banks’ poor performance weakens capital market

Banks’ scrips have become poor performing instruments due to lack of confidence of share investors for spread of negative impression about the sector following a series of large loan-scams in the aftermath of the much-talked bubble in 2010 that led to a huge catastrophe. Loan-scams, rise of non-performing loan (NPL), and low income of banks together have resulted in low or no-dividend for shareholders in recent years that drew less attention of investors on banks’ scrips, reports the Daily Sun. dse cseBangladesh Bank data shows the banks’ low income w...

BB buys 3.76b US dollars in FY15

In the wake of currencies losing their value worldwide, Bangladesh’s central bank bought up US dollars worth 3.76 billion from the commercial banks directly in the just-concluded fiscal year to keep the country’s money market stable. However, official figures show the amount purchased in FY 2014-15 as lower in volume than what were in the previous two consecutive fiscal years, reports The Financial Express (FE). bb-logoIn FY14 and FY13, the Bangladesh Bank (BB) had bought $5.15 billion and $4.54 billion respectively. On the other hand, the central...
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