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July 2023

LafargeHolcim Bangladesh delivers profitable growth in Q3

  • Q3 Net Sales grew by 12% and operating EBIT grew by 18%
  • PAT Margin improved by 517 basis points to 25% in Q3
  • As part of our commitment to Circular Economy & De-carbonization, 37,000 tons of waste disposed in the first 9 months, a 55% higher than last year through Geocycle.
Mr. Iqbal Chowdhury, CEO of the company said: “I thank all members and stakeholders of LafargeHolcim Bangladesh family for delivering outstanding results in the last 9 months despite challenging economic condit...

Rupali Bank gets ICAB Best Corporate Award

The Institute of Chartered Accountants of Bangladesh has given best corporate award to Rupali Bank Ltd. in public sector banks for best presented Annual Reports, Integrated Reporting and Corporate Governance disclosures-2022. Chairman of Rupali Bank Kazi Sanaul Hoq & Mohammad Jahangir Managing Director & CEO of Rupali Bank received the award from Commerce Minister Tipu Munshi, MP. State minister ministry of planning  Dr. Shamsul Alam , Senior Secretary of commerce Ministry Tapan kanti Ghosh among others were present. On behalf of Rupali Bank Ltd. General M...

ICC Bangladesh UNICEF partner to advance children’s well-being

The International Chamber of Commerce - Bangladesh (ICC-B) and UNICEF launched a new partnership to address the challenges impacting children in Bangladesh and reinforce a shared commitment towards the United Nations 2030 Sustainable Development Goals.The two organizations have officially joined forces to promote children’s rights and well-being in Bangladesh and strengthen cooperation efforts to achieve the Sustainable Development Goals by 2030. During the launch event, ICC Bangladesh President, Mr. Mahbubur Rahman and UNICEF Representative to Bangladesh Mr. Sheldon Yett signed a Memorandum of Understanding (MoU) committing to work together to leverage expertise, mobilize resources, and collaborate to protect and promote children’s rights in Bangladesh, including during emergencies ...

Dialogue without preconditions, Haas for political parties

The United States ambassador to Bangladesh, Peter Haas, on Tuesday called political parties for dialogue without any preconditions to resolve ongoing crisis in the country. He came up with the call while talking to reporters after holding a meeting with chief election commissioner Kazi Habibul Awal.

The US envoy’s remark came while the ruling Awami League and its allies are firm in their stand to hold the next general election under AL government and the main opposition Bangladesh Nationalist Party and its likeminded parties and alliances are ...

American Muslims Are in a Painful, Familiar Place

 By Rozina Ali

When President Biden landed in Tel Aviv days after Hamas’s Oct. 7 massacre of more than 1,400 people, he told an audience of Israelis that this was not just Israel’s Sept. 11, that “it was like 15 9/11s.” The comparison, which emerged widely and immediately, seemed apt on the surf...

IBBL launches smart banking campaign

Islami Bank Bangladesh PLC launched a month-long campaign titled ‘Smart Banking towards Financial Excellence’ for ensuring better asset quality on 30 October 2023, Monday. Mohammed MonirulMoula, Managing Director & CEO of the bank, inaugurated the campaign at Islami Bank Tower as chief guest. Muhammad Qaisar Ali, Additional Managing Director, presided over the program while J Q M Habibullah, FCS and Md. Altaf Hossain, Additional Managing Directors, addressed the function as special guests. Abu Sayed Md. Idris, Senior Executive Vice President, addressed the welcome spee...
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