A key political meeting that is historically watched for signals on China's economic direction will be held in mid-July, state media said Thursday, as policymakers seek to shore up a stuttering recovery. A full rebound in the world's number two economy has yet to kick in a year-and-a-half after crippling Covid-19
Business
Govt to ink deals to import essentials from Myanmar alongside India
Agreements are being prepared to import essentials from Myanmar as well as from India, State Minister for Commerce Ahasanul Islam Titu has said. He gave this information while participating in a dialogue at the Bangladesh Secretariat Reporters Forum at the media centre of the Secretariat. “We are going to make an agreement
Bangladesh’s external debts down to $99.3bn
Bangladesh’s external debts slightly declined to $99.3 billion at the end of March 2024, down from $100.6 billion in December 2023, as per Bangladesh Bank data. Experts said that foreign loans declined marginally due to the government’s efforts to curb short-term loans amid pressures to repay outstanding debts. Therefore, the foreign debts
DU announce Tk 9.45bn budget for 2024-25FY
The authorities of Dhaka University (DU) on Wednesday announced a proposed budget of Taka 9.45 billion for the fiscal year 2024-25 which was Taka 9.13 billion in the current fiscal year. In the proposed budget, allocation for research has been increased by Taka 5 crore from last year totalling total research
EBL offers auto loan to Rancon Car Hub customers
Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank, and Hussain Mashnoor Chowdhury, Chief Executive Officer, Rancon Car Hub Ltd signed an agreement (MoU) in Gulshan recently. Under the agreement EBL will offer auto loan at attractive terms and conditions to customers for purchasing reconditioned cars from
Bangladesh Venture Capital invests in Chaldal and Sokrio
Bangladesh Venture Capital made a total of BDT 25 million investments in Chaldal Limited and Sokrio Technologies Limited. This substantial financial support is aimed at promoting the growth of these enterprises. BVCL’s Chairperson Dr. Md. Sabur Khan mentioned that this is demonstrating our commitment to nurturing the next generation of
Axented signs agreement with Radisson
Smart solution provider company, Axentec has signed a corporate agreement with the Radisson Blu Chattogram Bay View. Axentec, a subsidiary of Robi Axiata Limited, will manage the central WiFi solution in the country's leading hotel located in Chattogram under the agreement. The agreement was signed recently at Radisson Blu Chittagong
ICB held stakeholders meeting
A Stakeholders' meeting was held by Investment Corporation of Bangladesh (ICB) and it's three subsidiary companies ICB Asset Management Company Ltd, ICB Capital Management Ltd and ICB Securities Trading Company Ltd. The meeting took place at ICB head office on June 26, 2024. Managing Director of ICB Md. Abul Hossain,
Islami Bank holds board meeting
A meeting of the Board of Directors of Islami Bank Bangladesh PLC was held on June 25, 2024 Tuesday at virtual platform. Ahsanul Alam, Chairman of the bank presided over the meeting. Dr. Tanveer Ahmad, Vice Chairman, other directors, Mohammed Monirul Moula, Managing Director and J.Q.M. Habibullah, FCS, Additional Managing
Emirates wins 7 awards at the Skytrax
Emirates was awarded a total of 7 accolades at the 2024 Skytrax World Airline Awards, held in Fairmont Windsor Park, London recently. The prestigious accolades include: World's Best Airline Inflight Entertainment, Best First Class Airline Comfort Amenities, Best First Class Airline in the Middle East, Best First Class Onboard Catering