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Ispahani Tea Limited has been honored with the 'National Productivity and Quality Excellence Award-2022’

Ispahani Tea Limited, a subsidiary of the Ispahani Group, has won the 'National Productivity and Quality Excellence Award 2022'. Ispahani Tea Limited received the first prize in the manufacturing industry (food and beverage category).  Mr. Omar Hannan, General Manager and Dr. Engineer Golam Mostafa of Ispahani Group, received this prestigious award from the Honorable Minister of Industries, Mr. Nurul Majid Mahmud Humayun, MP. In recognition of its continuous success in improving productivity and product quality, Ispahani Tea Limited has secured the first place in the manufacturing industry - food and beverage category, awarded by the Ministry of Industries. The Ministry of Industries of the People's Republic of Bangladesh awarded the National Productivity and Quality Excellence Award 2022 to 22 industrial and service institutions. The award ceremony was organized by the Read more...

HSBC HONORS ARTIST HASHEM KHAN’S CREATIVE VOYAGE

The Hongkong and Shanghai Banking Corporation Limited (HSBC) has recently celebrated the world-renowned artist, Hashem Khan by ushering his cultural journey in the spotlight. On this occasion, an artwork album was published. As an inspiration in the field of art, Hashem Khan is known to conjure vivid representation of history and humanity with his brushstrokes. His artworks are known for capturing the raw essence of rural landscapes and the fervent spirit of the liberation struggle. He has been awarded with multiple accolades including the Ekushey Padak and Swadhinata Padak for his immense contributions. At the unveiling ceremony, art enthusiasts of the country were gathered to honor his lifetime artworks. With HSBC’s association with the album publication, this event aimed to preserve the cultural heritage of Bangladesh and encourage artistic expression. Dr. Kamal Abdul Naser Read more...

BRAC Bank partners with Romoni to offer exclusive discounts for cardholders

Dhaka, Wednesday, June 5, 2024: BRAC Bank has partnered with Romoni Services Limited, a leading online platform for professional beauty services at home, to offer exclusive benefits for its TARA, Premium Banking, and other cardholders. The agreement was signed at BRAC Bank's Head Office in Dhaka on May 21, 2024. This agreement signing ceremony was graced by senior officials from both organizations, including Md. Mahiul Islam, Deputy Managing Director and Head of Retail Banking; Mehruba Reza, Head of TARA, AGAMI and Premium Banking; Ashraful Alam, Head of Alliances, BRAC Bank; and Tarique Ibne Haider, Chief Executive Officer; and Abidur Rahman Mallik, Chief Technology Officer, Romoni Services Limited. Under this agreement, BRAC Bank cardholders will enjoy several exclusive offers. All cardholders will enjoy a 10% discount on all services from Romoni, whilse TARA cardholders and Premium Read more...

Change Agent Conference 2024 Positive change requires collective effort and conviction

With the aim of reducing discriminatory practices against marginalized communities and empowering them by increasing their capacity, and ensuring their active participation in the development of Bangladesh with the support of European Union - Christian Aid, BLAST, Bandhu Social Welfare Society, Nagorik Uddyog and Wave Foundation have been implementing “Empowering left behind minority communities to effectively participate in the development process of Bangladesh (ELMC) project”. Christian Aid organized a conference in Gazipur on 2nd & 3rd June  2024 on to celebrate the Change Agents of the marginalized communities of Bangladesh such as Dalit, ethnic minorities such as tea workers and hijras. These communities suffer from discrimination and deprivation in the society due to various reasons. According to Lore Census, about 8.91% of the total population of Bangladesh Read more...

Social Islami Bank inaugurates 'Orientation Training in Banking'

With the aim of reducing discriminatory practices against marginalized communities and empowering them by increasing their capacity, and ensuring their active participation in the development of Bangladesh with the support of European Union - Christian Aid, BLAST, Bandhu Social Welfare Society, Nagorik Uddyog and Wave Foundation have been implementing “Empowering left behind minority communities to effectively participate in the development process of Bangladesh (ELMC) project”. Christian Aid organized a conference in Gazipur on 2nd & 3rd June  2024 on to celebrate the Change Agents of the marginalized communities of Bangladesh such as Dalit, ethnic minorities such as tea workers and hijras. These communities suffer from discrimination and deprivation in the society due to various reasons. According to Lore Census, about 8.91% of the total population of Bangladesh Read more...

Southeast Bank signs deal with UAEs Mashreq Bank

With the aim of reducing discriminatory practices against marginalized communities and empowering them by increasing their capacity, and ensuring their active participation in the development of Bangladesh with the support of European Union - Christian Aid, BLAST, Bandhu Social Welfare Society, Nagorik Uddyog and Wave Foundation have been implementing “Empowering left behind minority communities to effectively participate in the development process of Bangladesh (ELMC) project”. Christian Aid organized a conference in Gazipur on 2nd & 3rd June  2024 on to celebrate the Change Agents of the marginalized communities of Bangladesh such as Dalit, ethnic minorities such as tea workers and hijras. These communities suffer from discrimination and deprivation in the society due to various reasons. According to Lore Census, about 8.91% of the total population of Bangladesh Read more...

Badaldi Premier League Concludes with Grand Finale and Prize Giving Ceremony

The highly anticipated Badaldi Premier Leagues final match and prize giving ceremony took place at the Uttara Sector 15 ground, organized by the Badaldi United Sporting Club. The event was presided over by Mr. Md. Sohel Rana, a distinguished social worker and politician representing Ward No. 52 of Dhaka North City Corporation. The ceremony was graced by the Head of Media & Public Relations Officer of Concord Entertainment Company Ltd., Mr. M. Mahfuzur Rahman, who served as the chief guest. Mozammel Hossain Musa adeptly moderated the proceedings. In an exciting conclusion to the tournament, South Pacific Uttara emerged as the champions, with the Legend of Uttara finishing as the runners-up. During his address, Mr. Mahfuzur Rahman emphasized the crucial role of sports in shaping the future leaders of Bangladesh. "Today's youth will be the architects of tomorrow's Bangladesh. Read more...

Concord wins President's Industrial Development Award

Concord Entertainment Co Ltd has won the prestigious President's Industrial Development Award for 2021 for its significant contribution to the national economy. Industries Minister Nurul Majid Mahmud Humayun presented the award at a ceremony at the Osmani Memorial Auditorium in Dhaka recently. Senior Secretary Zakia Sultana presided over the event. Agriculture Minister Md Abdus Shahid, along with other distinguished guests, and FBCCI President Mahbubul Alam were present at the award ceremony. Concord Group, renowned for its ground-breaking contributions to the construction industry, began its journey in 1973. It played a pivotal role in reconstructing newly independent Bangladesh. Today, Concord is a household name celebrated for its excellence across various industries, added the release. One of Concord Entertainment Co Ltd's most notable achievements is establishing Bangladesh's Read more...

EBL- ShareTrip agreement

Concord Entertainment Co Ltd has won the prestigious President's Industrial Development Award for 2021 for its significant contribution to the national economy. Industries Minister Nurul Majid Mahmud Humayun presented the award at a ceremony at the Osmani Memorial Auditorium in Dhaka recently. Senior Secretary Zakia Sultana presided over the event. Agriculture Minister Md Abdus Shahid, along with other distinguished guests, and FBCCI President Mahbubul Alam were present at the award ceremony. Concord Group, renowned for its ground-breaking contributions to the construction industry, began its journey in 1973. It played a pivotal role in reconstructing newly independent Bangladesh. Today, Concord is a household name celebrated for its excellence across various industries, added the release. One of Concord Entertainment Co Ltd's most notable achievements is establishing Bangladesh's Read more...

City Bank approves 15% cash, 10% stock dividend at 41st AGM

The 41st annual general meeting (AGM) of City Bank was held on Thursday on a virtual platform.  Vice Chairman Hossain Khaled, Directors Rubel Aziz, Savera H. Mahmood, Hossain Mehmood, Rajibul Huq Chowdhury, Syeda Shaireen Aziz, Rebecca Brosnan, Independent Directors Salim Mahmud MP, Matiul Islam Nowshad, MD & CEO Mashrur Arefin, Company Secretary Md Kafi Khan, along with a large number of shareholders and senior officials of the bank, attended the meeting. In his welcome speech, Aziz Al Kaiser mentioned that the bank’s profit after tax, on a consolidated basis, reached a record high of Tk638 crore in 2023, marking a 33.5% growth over the 2022 PAT of Tk478 crore. He highlighted the bank’s CASA mix in its deposits, which has risen from 36% about four years ago to 51% in December 2023. He also praised the popularity of the CityTouch digital banking app, which Read more...

Shahjalal Islami Bank’s 23rd AGM held

The 23rd Annual General Meeting (AGM) of Shahjalal Islami Bank PLC held on Thursday through a digital platform ( online video conference). The Chairman of the Board of Directors of the bank Mr A K Azad, MP presided over the meeting, according to a media release.  The Annual General Meeting (AGM) approved a 14 per cent cash dividend for the shareholders, and the Directors reported and audited Balance Sheet and the profit and loss account for the year ended on December 31, 2023. The Chairman of the Board of Directors of the bank Mr A K Azad, MP and the Managing Director Mr Mosleh Uddin Ahmed delivered speech in the Annual General Meeting (AGM). The SEVP and Company Secretary of the bank Mr Md Abul Bashar moderated the programme. Among others, the Vice-Chairman of the Board Mr Mohammed Younus, the Directors of the bank Mr Md Sanaullah Shahid, Mr Md Abdul Barek, Mr Abdul Halim, Read more...

Shareholders of BRAC Bank approve 20% dividend for 2023

The shareholders of BRAC Bank PLC. have approved a 20% dividend – 10% in cash and 10% in stock - for 2023. The approval came at the 25th Annual General Meeting (AGM) held on a virtual platform on May 30, 2024. A significant number of shareholders participated in the AGM, reads a press release.  Presided over by Chairperson Meheriar M. Hasan, the AGM was also attended by Vice Chairperson Faruq Mayeenuddin Ahmed and Directors - Asif Saleh, Fahima Choudhury, Farzana Ahmed, Dr. Zahid Hussain, Shameran Abed, Dr. Mustafa K. Mujeri, Salek Ahmed Abul Masrur, Anita Ghazi Rahman, Chowdhury MAQ Sarwar and Lila Rashid. The Business Standard Google News Keep updated, follow The Business Standard's Google news channel The bank's Managing Director and CEO Selim R. F. Hussain responded to the shareholders' queries and thanked them for their unwavering trust and confidence Read more...