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economy

BATB MD gets responsible business leader recognition

Shehzad Munim, the first Bangladeshi Managing Director of British American Tobacco Bangladesh (BATB), has achieved international recognition as responsible business leader for the first time.

BATB MD recive AwardRecently he has won Asia Responsible Entrepreneurship Award 2016 in Responsible Business Leadership category in a g...

IBBL Bogra Zone distributes scholarship

Islami Bank Bangladesh Limited (IBBL) Bogra Zone arranged scholarship awarding ceremony for the underprivileged meritorious students on Sunday, July 17, 2016 at Bogra Convention Center, Bogra. Mohammad Abdul Mannan, Managing Director & CEO of the Bank distributed scholarship and academic instruments to 287 underprivileged meritorious students as chief guest. Presided over by Md. Motiar Rahman, Executive Vice President & Head of Bogra Zone, the program was attended by Md. Habibur Rahman Bhuiyan, FCA, Deputy Managing Director, Abu

BHBFC profits Tk 166.98cr during 2015-16 FY

Bangladesh House Building Finance Corporation (BHBFC) earned profits of Tk. 166.98 crore during the fiscal year 2015-16. From July 2015 to June 2016, the Corporation gained income totaling Tk. 245.18 crore. BHBFC-300During the same time of the last fiscal year the amount was Tk. 242.89 crore. Recovery from loan was 518.40 crore in 2015-2016 FY, which is significant increase of 35.67 crore than the previous year. Loan sanction and disbursement were 260.91 crore and 247.38 crore respectively at that time. Classified loa...

Huawei inaugurates 1st-ever CSIC in Bangladesh

 Huawei, a leading global information and communications technology (ICT) solutions provider, today launched the first-ever ‘Customer Solution Innovation and Integration Experience Center’ (CSIC) in Bangladesh to showcase innovative technologies in real-time. The inauguration ceremony took place at Huawei Bangladesh CSIC Centre in Dhaka. Ms. Tarana Halim, Honorable State Minister for Posts and Telecommunications Division, Government of the People’s Republic of Bangladesh, graced the occasion as the Chief Guest. She talked about ICT development in various developed countries with Huawei’s employees

BASIC Bank holds 27th AGM

The 27th Annual General Meeting (AGM) of BASIC Bank Limited was held on Thursday, July 14, 2016 at Head Office of the Bank. Mr. Alauddin A. Majid, Chairman of the Board of Directors presided over the meeting. Mr. Shams Al Mujahid, Joint Secretary, Bank and Financial Institutions Division, Ministry of 27th AGM of BASIC BankFinance attended the meeting as the representative of the Bank’s sole shareholder the Govt. of Bangladesh. Among others- Begum Parag, Mr. Hasan M...

Forbes recognises IBBL ‘best performing bank’

Islami Bank Bangladesh Limited (IBBL) is the largest and most profitable bank, and by all accounts one of the best-performing companies in Bangladesh, according to the prestigious Forbes magazine. The US-based business magazine has also found that the Islami Bank has tapped into what is called the country’s “Two Rs” approach: ready-made garments and remittances from workers abroad. Helping with industrialisation in a labour-intensive sector has generated employment even as New Imagemillions of migrant workers send wag...
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