Thursday, 28 Nov, 2024

Business

PM's support to develop jewellery industry will continue: BAJUS President

Jewellery businessmen demanded setting up a gold bank and a gold exchange in the country to flourish the industry. Bashundhara Group Managing Director and Bangladesh Jewellers Samity (BAJUS) President Sayem Sobhan Anvir sought the intervention of Prime Minister Sheikh Hasinain this

NBR expresses concern as gold smuggling continues unabated

The National Board of Revenue (NBR) has expressed its concern as smuggling of gold into the country is continuing unabated. The NBR also decided to ease the process for gold import from the next fiscal to promote the trade of the precious metal within the legal framework.

12kg LPG cylinder price increases by Tk 62

Bangladesh Energy Regulatory Commission (BERC) has increased price of 12kg cylinder of liquefied petroleum gas (LPG).   The price has been increased by Tk 62 to Tk 1,240 at the retail level, including the value added tax (VAT).   The new price will be effective from 6:00

Bashundhara Group greets SIBL MD and CEO Zafar Alam

Bashundhara Group, the country’s largest business conglomerate, greeted newly-appointed Managing Director and CEO of Social Islami Bank Zafar Alam on Wednesday (Feb 2). On behalf of Bashundhara Group, Chief Operating Officer, Banking (Sector-B) of the Group Razib Samad

Bashundhara Group greets NRBC Bank MD and CEO Golam Awlia

Bashundhara Group, the country’s largest business conglomerate, greeted NRB Commercial (NRBC) Bank Limited Managing Director and Chief Executive Officer (CEO) Golam Awlia on Wednesday (Feb 2). On behalf of Bashundhara Group, Chief Operating Officer, Banking (Sector-B) of the

India to launch digital rupee as soon as this year

India's finance minister has said the country will launch a digital version of the rupee as early as this year, reports BBC. In her annual budget speech, Nirmala Sitharaman also outlined plans for a 30% tax on income from digital assets. It would put profits from trading or

Jewellery industry needs PM support to boost country's economy: BAJUS President 

Bangladesh can check gold smuggling apart from earning billions of dollars in foreign currencies, if a vibrant jewellery industry is established here with support from the government.  Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir, also the Managing

Gold has potential to surpass RMG in export earnings: Bashundhara Chairman

Bashundhara Group Chairman Ahmed Akbar Sobhan expressed the hope that the gold industry will surpass the garment sector in terms of export earnings in near future with its increased value addition. “We can earn huge foreign currencies through exporting gold to China and

Agrani Bank opens branch, holds Managers' Conference in Kushtia

Agrani Bank Managing Director and CEO Mohammad Shams-ul Islam has recently exchanged views with Kushtia and Chuadanga branch managers of Kushtia Region. At the same time, he inaugurated the Chourhas branch of the bank in the region. He also visited Desh Agro, Subarna Auto Rice Mill,

Covid-19: Banks to run with 50pc manpower

The Bangladesh Bank on Monday (Jan 24) directed all banks to run with half of their manpower in a bid to contain the spread of COVID-19 infection. A notice issued by the Department of Off-Site Supervision (DOS) of the central bank was sent to all banks across the country in this

Fuel oil, bitumen prices may rise as crude oil price hits 7-year high

Brent crude price in the international market has hit record high at $88 per barrel in the last seven years affecting the production of related products and sparking a great concern. The international market has also seen soaring price of unrefined oil, sources said. Price of crude

Central bank cuts single borrower exposure limit to 25pc

The Bangladesh Bank has reduced the limit of loan provided by any bank to a single person or organisation to 25 percent of its total regulatory capital from the previous 35 percent as part of its measures to contain the concentration of loans among a small group of people. From now on,

Bashundhara bitumen to set new standard by quality:  Khulna Mayor 

Khulna City Corporation Mayor Talukder Abdul Khaleque on Sunday said that the Bashundhara bitumen will set a new standard by its superior quality. He said Bashundhara Group, which is contributing to the development of the country as a leading industrial conglomerate, is producing

Bashundhara Group greets newly-appointed National Bank MD

Bashundhara Group Chairman Ahmed Akbar Sobhan has congratulated newly-appointed Managing Director and Chief Executive Officer of the National Bank Limited Md Mehmood Husain. On behalf of Bashundhara Group Chairman, Chief Operating Officer, Banking (Sector-B) of the Group Razib Samad

BAJUS Chattogram committee takes oath

Newly-elected executive committee of Bangladesh Jewellers Samity (BAJUS) for Chattogram district took oath on Sunday (Jan 9). BAJUS central committee president Sayem Sobhan Anvir, also Managing Director of Bashundhara Gold Refinery Ltd, congratulated the new BAJUS committee of

Bashundhara Ready Mix and Construction Industries Ltd begins commercial operations

Bashundhara Ready Mix and Construction Industries Limited (BRMCIL), a concern of the country’s largest business conglomerate Bashundhara Group, has started commercial operations on Sunday aiming to fulfil the country's growing demand for concrete. Bashundhara Group Vice

Bashundhara Tissue gets Best Brand Award for 4th time

Bashundhara Tissue, a brand of the country’s largest business conglomerate Bashundhara Group, has received the Best Brand Award 2021 for the fourth consecutive term. Bangladesh Brand Forum in partnership with Nielsen Bangladesh accorded the award at its 13th ceremony held at Le

Bashundhara LP Gas receives Best Brand Award again

Bashundhara LP Gas has received the “Best Brand Award” in liquefied petroleum gas (LPG) category by Bangladesh Brand Forum (BBF) for second time. Bashundhara LPG chief financial officer Mahbub Alam, head of human resources Saad Tanvir and head of sales Zakaria Jalal

Dhaka Bank opens new branch in Bashundhara area

Dhaka Bank has opened new branch at Bashundhara residential area to offer most modern financial services to people of the prestigious neighborhood in the capital. Bashundhara Group Managing Director Sayem Sobhan Anvir was guest of honour while Dhaka Bank’s chairman Abdul Hai

Bashundhara Paper Mills Ltd okays 12pc cash dividend

Bashundhara Paper Mills Limited (BPML) has approved 12 percent cash dividend for its shareholders in capital market for audited fiscal year 2020-21 ending on June 30. Board of Directors gave the approval of the dividend at the 28th Annual General Meeting (AGM) held on virtual platform