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Corporate

Li & Fung to launch factory-safety business

Li & Fung Ltd, a key middleman in the global apparel supply chain that faced scrutiny for its sourcing practices after a deadly Bangladesh factory fire plans to launch a safety-consulting business unit. Li & Fung Ltd, the buying agent for retailers including Wal-Mart Stores Inc. and Target Corp., said it is setting up a new unit to provide buyers and factories with consulting services, financing and insurance to bolster compliance with safety codes. "The events in the last 18 months, particularly as it relates to worker safety, caused us to rethink our role in the global supply chain," said Rick Darling, executive director of government and public affairs at Li & Fung, in an interview at his New York office.

IBBL awarded best patron prize in sports

Islami Bank Bangladesh Ltd (IBBL) has been awarded the best patron prize for its outstanding contribution to the country’s sports sector. ROK_9015Bangladesh Sports Press Association conferred the prize at a function held at National Sports Council Auditorium on Saturday. Dr. Shirin Sharmin Chowdhury, Speaker of National Parliament handed over the crest and certificate of the award to Md. Ataur Rahman, Executive Vice President of the Bank. Prof. AAMS Arefin Siddique, Vice Chancellor of Dhaka Universit...

UCB organises Annual Business Conference 2014

The Annual Business Conference 2014 of United Commercial Bank Ltd (UCB) was held on Saturday at the Pan Pacific Sonargaon Hotel in the capital. Chairman of UCB MA Hashem graced the event as chief guest. Muhammed Ali, Managing Director of UCB delivered his welcome speech at the Business Conference. IMG_Final The event was conducted by Additional Managing Director and Company Secretary of Bank    Mirza Mahmud Rafiqur Rahman. Among others Vice-Chairman Sharif Zahir, Director and Chairman of Executive ...

DBBL donates Life Support Ambulance to DMP

Dutch-Bangla Bank Ltd (DBBL) has donated one Life Support Ambulance to Dhaka Metropolitan Police (DMO). K.S. Tabrez, Managing Director of the Bank handed over the key of the ambulance to Benazir Ahmed, bpm, Commissioner, DMP at a ceremony held at Dhaka Metropolitan Police Head Quarter on Saturday. Pic of the eventThe life support ambulance procured at a cost of Tk40 lacs will help carrying the sick police personnel or wounded forces to the hospital and can also be used by   any distresse...

NRBCB holds 11th Annual Business Conference

The 11th   Annual Business Conference-2014 of NRB Commercial Bank Ltd (NRBCB) was held at a city hotel on Saturday. Purbani MG_0910 FinalEngr. Farasath Ali, chairman of the bank inaugurated the conference while Vice Chairman and Executive Committee Chairman Dr Toufique Rahman Chowdhury, Chairman Audit Committee Mohammed Adnan Imam, Director Mohammed Manzurul Islam, Alternate Director AM Saidur Rahman, M Habibur Rahman, Anwara Begum and Sponsors Dr Rafiqul Islam Khan,  Md. Shafiqul Islam,  Sabbir Ahmed Mubin...
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