BRAC Bank’s consolidated Net Profit After-Tax (NPAT) in first six months of 2024 grew by 77% year-on -year to TK 591 crore supported by strong deposit and revenue growth. On a standalone basis, bank’s customer deposits grew by 34% on annualized basis, from TK 49,132 crore to TK 57,511 crore in
Business
BASIC Bank signed APA with FID
State-owned BASIC Bank Limited signed an Annual Performance Agreement (APA) with the Financial Institutions Division (FID) of the Ministry of Finance for the financial year 2024-2025. Md. Abdur Rahman Khan, FCMA, Secretary of FID, and Md. Anisur Rahman, Managing Director & CEO of BASIC Bank signed the Annual Performance Agreement (APA)
Southeast Bank distributed Special CSR Fund
Southeast Bank PLC. distributed Special CSR Fund among farmers for cultivation and purchasing agri-based machinery. In Presence of Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank handed over financial assistance to Md. Abdul Quader, Founder & Executive Director of Setu. Md. Masum Uddin Khan and Abidur Rahman Chowdhury, Deputy
E-commerce brings enormous business opportunities for women in Bangladesh
E-commerce brings enormous business opportunities for women as it makes 24/7 business possible. The growth of e-commerce helps the women entrepreneur to generate new ideas and work from home. There is tremendous growth of women entrepreneurs in e-commerce sector. E-commerce impacts on business and productivity significantly. It creates a large prospect
E-commerce loses Tk 600m in five-day Internet blackout
E-commerce businesses have lost at least Tk 600 million during the five-day nationwide Internet blackout, according to entrepreneurs, as they said their sufferings included difficulties ranging from tracking inventory to delivering goods amid a curfew. The situation, according to them, affected the small businesses most -- who mostly run operations through
Production in 220 RMG factories in Ctg resumes under special arrangement
Production in 220 garment factories in Chattogram out of 350 resumed on Tuesday under special arrangements by the local administration. First vice-president of BGMEA Nazrul Islam said the orders in some garment factories are going to be stooped soon and to continue the production of the factories, the authorities concerned has
Vivo’s holds photography campaign
vivo is launching ‘vivo Travel Buddy Photography Campaign’, running until July 25. To participate, contestants are encouraged to share their best travel photos with friends to the photography campaign post on vivo's official Facebook page and tag their Travel Buddy in the comments. Each post should include hashtags such as
Expansion of crab farming can boost export earnings
With the global demand for crabs on the rise, expanding crab farming in Bangladesh presents a significant opportunity for the country to boost its export income. Developing this sector requires increased research and collaboration between government and non-government entities. These comments were made at a workshop titled ‘Possibilities of the Crab
LafargeHolcim reports mTaka2430 profit in Half 1, 2024
Industry de-growth resulted in a Net Sales reduction of 5% in Half 1 due to macro-economic challenges Operating EBIT reached mBDT 3466, representing 25% decline attributed to increased costs and the sharp devaluation of Bangladesh Taka (BDT). Operational excellence and efficiency activities continued to protect leading industry margin. Iqbal Chowdhury, CEO of
Discount at Walton thru bKash payment
Customers are getting up to 50% discount on selected air conditioners, refrigerators, washing machines, fans, home & kitchen appliances, televisions, computers and accessories at Walton’s e-commerce platforms with bKash payment. Customers can enjoy maximum discount of Tk 21,599 in a single transaction based on product category from waltonplaza.com.bd or eplaza.waltonbd.com.