Dhaka : Eastern Bank Limited (EBL) has announced 35 per cent dividend for the year ended on December 31, 2020. The dividend comprising 17.50 per cent cash and 17.50 per cent stock was  unanimously approved by the shareholders at the 29th Annual General Meeting (AGM) hel...

Dhaka : Brac Bank posted BDT 141 crore profit after excluding tax in the first quarter of the current year showing 31 per cent year on year growth. 
Brac Bank disclosed the quarterly (January-March 2021) results at a virtual earnings disclosure event held on May ...

Dhaka : Bangladesh Bank has announced to launch a refinance scheme of BDT 100 crore to help bus owners affected by the restrictions on movements following corona related lockdowns.
The central bank took the decision on May 24 to help the bus owners, as they faced huge...

Dhaka : Square Pharmaceuticals Ltd is going to be the first Bangladeshi drug-maker to produce medicines abroad as it starts manufacturing in Kenya by August this year.
The pharma giant has already completed construction of its manufacturing plant in the Kenyan capital...

Chattogram : Mahbubul Alam, Chairman of M Alam Group, has been reelected as the President of Chittagong Chamber of Commerce and Industry (CCCI) for the fifth consecutive term for 2021-22 and 2022-23 period.
Tarafder Md Ruhul Amin, Director of Saif Powertech Ltd, and S...

Dhaka : The Hongkong and Shanghai Banking Corporation (HSBC) has rolled out a digital payments solution for the apparel sector, which is the key and main currency earner of the country's exports with an around 85 per cent contribution.    
The HSBC recen...

Dhaka : Bangladesh Bank has amended its policy allowing all banks to form their own startup fund with 1 per cent of net profits instead of operating its earlier provision.
All the scheduled banks have been asked to keep 1 per cent of their net profits for the next fiv...

Dhaka : Bangladesh, which weathered the pandemic better than most economies in South Asia, will continue to grow strongly as exports pick up. The country's GDP growth is projected to accelerate 6.8 per cent in FY2021 with stimulus package implementation and recovery in g...

Dhaka : A boost in e-commerce businesses, fuelled by the trend of staying home amid the coronavirus pandemic and shopping online, has generated jobs in the sector while other areas of the economy are struggling to cope up with the situation.
During the lockdow...

Dhaka : The commerce ministry has announced the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will hold an election on May 5 as per the announced schedule.
Earlier, on April 6, the commerce ministry said in an order that taking the Covid-19 situat...