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Bank Asia elects new Vice Chairman

Md Nazrul Huda, one of the Independent Directors of Bank Asia Ltd, has been elected as Vice Chairman of the Bank at a meeting of the Board of Directors heldrecently. Nazrul Huda Sir_VC_edHuda is a former Deputy Governor of Bangladesh Bank. He served Bangladesh Bank successfully for 35 years in different capacities. Mr. Huda obtained Masters in Economics from both University of Dhaka, Bangladesh and University of New England, Australia. He has a number of publications on important issues relating t...

Reckitt Benckiser approves 790pc Cash Dividend

The 57th AGM of Reckitt Benckiser (Bangladesh) Ltd. was held on June 25, 2018 at Hotel Peninsula, Chittagong. Said a press release, the company had 10.31% sales growth over 2016. This growth primarily resulted from its power brands – Dettol, Harpic, and Veet. IMG_2744The 57th AGM approved 790% cash dividend for the year 2017. A good number of shareholders attended the AGM. Among others, Managing Director Mr. Vishal Gupta, Independent Director Mr. C.Q.K. Mustaq Ahmed, Director Mr. Syed Tanzim Rezwan, C...

Mahindra brand campaign “Cholo Re” announced in BD

Mahindra & Mahindra Ltd, a part of the USD 20.7 billion Mahindra Group, today announced its brand campaign ‘Cholo Re’ in Bangladesh, along with Mashrafe Bin Mortaza, the captain of the Bangladesh National Cricket team in One Day Internationals, as its brand ambassador. The event marked the launch of its flagship product at International Convention City Bashundhara (ICCB) located at Dhaka, the all new stylish Mahindra Maxximo Heavy Duty (HD) Series, as a “Solid Partner” for its customers. Mashrafe Bin Mortaza, Captain of Bangladesh National Cricket team (ODI) and the Brand Ambassador of Mahindra Bangladesh; Mr. Sanjay Jadhav, Vice President, Head of International

No more contract charges for trading at CSE

The Board of Directors of the Chittagong Stock Exchange Ltd. (CSE) in its meeting held on today (27 June, 2018) decided to remove the Contract Charge from its current fees structure and the CSE LOgoexisting commission charge has been reviewed to a flat 0.023%. The detail of the reviewed fees & charges structure is given below-
  • - No Contract Charges for any trade
  • - Commission Charges for normal trade – 0.023%
  • - Commission Charges for Bulk & Foreign trade (above 50 lakhs in a single ...

Floods claim 4 in Moulvibazar

Four people have been killed in floods in Moulvibazar’s Komolganj Upazila in Bangladesh. At least five people are still missing. Thousand others have been stranded since the night of June 15. The names and identities of the missing people are not known yet, Dhaka Tribune reported. floodThe hilly water has damaged flood protection embankments in the district worsening the flood situation. The army has begun rescuing stranded locals in Kulaura and Rajnagar near the overflowing Monu River. Deputy Commissioner Md Tofayel Ahme...

IBBL RDS conference held in Kushtia

A conference of the Centre Leaders and Assistant Centre Leaders of Rural Development Scheme of Kushtia Branch of Islami Bank Bangladesh Limited was held recently at a local auditorium of Kushtia. IBBL Phto RDS Kustia 14.6.18Shamim Mohammad Afzal, Director of the Bank, Chairman of Islami Bank Foundation and Director General of Islamic Foundation, Bangladesh addressed the conference as chief guest. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank was present in the program ...
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