BRAC Bank has recognised the contribution of its technology officials in building a robust IT infrastructure to support the bank’s rapid business growth. The bank has organized a ceremony titled “Building Tomorrow’s IT Infrastructure – Technology Infrastructure Rebuild Venture in 2024” in recognition of the dedication and hard work of
Business
Chinese company to invest in Mongla EPZ
M/s. Xingchen Textile Co. Ltd., a Chinese company, is set to invest US$ 35.03 million to establish a textile industry in the Mongla Export Processing Zone (Mongla EPZ). The company will produce 20,000 metric tons of yarn and 12,000 metric tons of woven fabrics annually by recycling garment wastage, commonly
SJIBL donates Tk. 10 Lac to Bangladesh Thalassaemia Hospital
Shahjalal Islami Bank PLC donated Tk. 10 Lac to Bangladesh Thalassaemia Hospital. The SEVP & Company Secretary of the Bank Md. Abul Bashar handed over the Cheque worth of Tk. 10 Lacwith a formal ceremony organized by the Bangladesh Thalassaemia Hospital to Dr. A. K. M Ekramul Hossain Swapan, Executive
Southeast Bank Signs MoU with bKash
Southeast Bank PLC. has signed a Memorandum of Understanding (MoU) with bKash at the Bank's Head Office in Dhaka to provide 24/7 cash management services to the distributors, agents and merchants of bKash through linked Southeast Bank Accounts. This service is designed to help businesses efficiently manage their cash flows
RMG workers allege excessive hours despite minimal wage increase
Garment workers have expressed concerns that-while their wages have seen a slight increase, they are now facing significantly longer working hours. The rising cost of living, including rent and essential goods, exacerbates their challenges. Furthermore, workers have reported that experienced employees are being laid off without any prior notice. On 1st
Shimanto Bank deals with multibrand workshop
Shimanto Bank recently signed an MoU with Multibrand Workshop at the bank's head office. Under this MoU, the Credit Card & Debit cardholders of Shimanto Bank will enjoy discount facilities while they avail of vehicle repair services and Pre-Purchase Checking services from Multibrand Workshop. Mr Sahidul Islam, Head of Business,
SIB holds 386th Board Meeting
Infinix Leads the Charge in Display Evolution
Infinix taking their display game to a whole new level with the launch of the Infinix Note 40 series. The brand is offering an incredible viewing experience that’s not just affordable, but also packed with advanced features. Featuring 6.78-inch 3D-curved AMOLED display with a blazing 120Hz refresh rate- this is
UCB brings CyberSource for VISA Payment
United Commercial Bank PLC (UCB) has officially launched CyberSource, a Visa payment gateway solution aimed at enhancing payment management for businesses and merchants. This advanced solution offers secure, efficient, and scalable payment processing tailored to diverse client needs. The launch event, held at UCB’s corporate office in Dhaka, marks a
BRAC Bank, SME Foundation holds capacity-building programme
BRAC Bank and SME Foundation recently held a three-day capacity-building programme, 'Amrai TARA,' for women-led small and medium enterprises (WSMEs) in Jashore. The 'Business Management and Financial Literacy Training', held from 24 to 26 September 2024, was attended by 26 promising women entrepreneurs. The initiative focused on identifying women entrepreneurs'