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LafargeHolcim posts 56pc growth in 2019

Rajesh Surana, Chief Executive Officer of LafargeHolcim Bangladesh (LHBL) said “2019 was a challenging year for the cement industry. The impact of increase in raw material costs and additional taxes was significant. Despite this Lafargeholcimimpact, LafargeHolcim demonstrated astrong performance trend. Our focus on improving operational efficiencies, driving commercial innovation and cost optimisation continues to be effective.  We are determined to build on this thrust and further increase value to our stakeholders...

IBBL awarded for Excellence in Stall Design at US trade show

Islami Bank Bangladesh Limited (IBBL) has received prize for “Excellence in Stall Design” at the US Trade Show-2020 organized by the American Chamber of Commerce in Bangladesh. Md. Mahbub ul Alam, Managing Director and CEO, Md. Omar Faruk Khan, Additional Managing Director and Abu Reza Md. Yeahia, Deputy Managing Director of the bank are in the photograph with crest. IBBL photo 4.3.2020Industry Minister Nurul Majid Mahmud Humayun, MP, JoAnne Wagner, Deputy Chief of Mission at the United States Embassy...

Europe panicked over India’s pharma export curbs

India’s top pharmaceuticals export group said the government’s curbs on some drug exports amid the spreading coronavirus outbreak has caused panic in Europe and will “severely impact” businesses in the sector. India, the world’s main supplier of generic drugs, has restricted the export of 26 active pharmaceutical ingredients (APIs) and the medicines made from them, in a move seen aimed at tackling possible domestic shortages of medicine during the outbreak, reports Reuters, New Delhi.

PBL holds 1st Managers’ Confce-2020

The 1st Managers’ Conference- 2020 of Chattogram North, South & Central Zone of Pubali Bank Limited held recently. Md. Abdul Halim Chowdhury, Managing Director & CEO of Pubali Bank Ltd. graced the conference as Chief Guest. Habibur Rahman, General Manager of Head Office;      DGM & Regional Head of Chattogram Central Zone Mahbub Ahmed, DGM & Regional Head of Chattogram South Zone Nanna Sikder and DGM & Regional Head of Chattogram North Zone Khan Md. Javed Jafar were present as Special Guests. Naresh Chandra Basak, General Manager of Chattogram Principal Office presided over the conference.

8 projects worth Tk 10,468.24cr approved at ECNEC meeting

The Executive Committee of the National Economic Council (ECNEC) today approved a total of eight projects involving Taka 10,468.24 crore including a first revised project for constructing Bangabandhu Sheikh Mujib Railway Bridge over River Jamuna with an additional cost of Taka 7,046.88 crore. The approval came from the 21st ECNEC meeting of the current fiscal year held at the NEC Conference Room in the city’s Sher-E-Bangla Nagar area with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair, reports BSS. ECNEC-1-696x...
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Women entrepreneurs in producing jute products

Bangladesh has taken a lead in women empowerment in South Asia as they are showing their competence and courage in starting new jute ventures, contributing to bringing a positive change in society. “It gives me an immense pleasure whenever I see satisfaction in the eyes of my international buyers,” said Afsoma Asif, a middle-aged women entrepreneur who manufactures and exports diversified jute products. jute goodsSoma, who achieved Outstanding Business Woman Award for her innovation in making various diversified jute ...
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