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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...

AB Bank signs MoU with Mana Bay Water Park

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...

ISU English Language Club Organizes a Workshop on “Digital Marketing”

A workshop on “Digital Marketing” was held on 29th May. It was organized by the English Language Club in collaboration with the Creative IT Institute at International Standard University. Professor Dr. Abdul Awal Khan, Vice Chancellor of ISU graced the occasion as a chief guest. Professor Awal emphasized that possessing a strong command of the English language is crucial, but it is equally important to stay updated with digital advancements to secure excellent career opportunities. Additionally, Treasurer (in charge) Mr. H.T.M. Quader Newaz expressed his gratitude for the students’ efforts in participating in career-oriented programs. Besides, Professor Md. Asad Ullah-al-Hussain, advisor in the Department of English, alongside Dr. Md. Abul Kalam Azad, Chairperson in the Department of English and the Dean (In Charge) of FoHSS, have collectively shared their aspirations Read more...

eshikhon is giving 100% scholarship in freelancing course

To create employment opportunities through freelancing, eShikhon.com is once again offering young individuals the chance to enrol with a 100% scholarship. Scholarship recipients can take online classes from any part of the country, either from home or through eShikhon agent centres nationwide.   Under the scholarship program, students can choose from any of the 10 popular online courses, valued between 10,000 to 15,000 BDT, among 40 available courses. They will receive the same support as paid students. Over the past 12 years, more than 45,000 students have received training from this popular institution, which has over 110 agent centres across the country.   Individuals aged 16 to 45 from all districts are eligible for this scholarship. To qualify, students must take an MCQ exam. A total of 5,000 people will be granted this opportunity. After training, eShikhon will Read more...

PriyoShop among the top 10 startups in the 'Echelon X' program

PriyoShop has achieved remarkable glory as the one and only startup from Bangladesh by breaking into the Top 10 echelon of startups at Echelon X organized by e27, a prestigious gathering for entrepreneurs around the world. This accomplishment places PriyoShop among the most promising startups hailing from Indonesia, Philippines, Singapore, India and Bangladesh, a testament to the company's innovation and potential. The journey to the Top 10 wasn't easy. PriyoShop battled through a competitive landscape, initially ranking among 700+ startups. To reach their goals, they focused on performance, starting at the highest level of the Top 100, then the Top 26 and finally in the Top 10.   This recognition transcends PriyoShop's individual success. It signifies a significant milestone for Bangladesh as a whole. PriyoShop stands as the sole representative of the nation on this Read more...

PriyoShop Recognized as Top 26 Startup in ECHELON Top 100 APAC

PriyoShop, the leading B2B marketplace in Bangladesh, has achieved a remarkable milestone by being selected as one of the top 26 startups in the prestigious ECHELON Top 100 APAC 2024. This recognition showcases exceptional capabilities and also elevates Bangladesh's presence on the global startup stage. The achievement in Singapore marks another significant achievement, adding to PriyoShop's outstanding collection of recognition. PriyoShop had previously been acknowledged as a Semi-Finalist in LEAP 2024, highlighted in the e27 Top 100, selected among the Huawei Cloud Startup Ignite Top 50, honored in the Startup Wheel Top 50, and achieved the first runner-up position at the Sankalp Dhaka Awards 2023. This recurrent recognition not only highlights PriyoShop's competence but also demonstrates the power of Bangladesh's booming startup community. PriyoShop's commitment Read more...

PriyoShop Raises US$5 Million to Digitalize Distribution Infrastructure for MSMEs in Bangladesh

PriyoShop, Bangladesh’s leading B2B retail marketplace for MSMEs, today announced the completion of a US$5 million Pre-Series A round of financing led by Century Oak Ventures, with participation from Evolution Ventures, Iterative, SOSV (Orbit Startups), GFR Fund, BonBillo, Accelerating Asia, South Asia Tech Partners, and Voltity. Participating investors came from San Francisco, Dubai, Indonesia, Thailand, Africa, and India—with many choosing to invest in Bangladesh for the first time, marking a significant milestone for the country’s startup ecosystem. With this round of financing, PriyoShop will roll out transformative retail supply chain solutions designed to benefit businesses across various sectors. Launched in July 2021, PriyoShop is Bangladesh’s leading B2B retail marketplace for Micro, Small and Medium-sized Enterprises (MSMEs)—working with small retail Read more...

AAAB’s Heartwarming Initiative: Distribution of blankets among Poor people

Australian Alumni Association Bangladesh (AAAB) has distributed blankets among the cold-stricken people at Easkaton Garden of the capital city. On Friday (02 February) at 5 pm, more than a hundred blankets were handed over to the needy people of the area in a program held at Easkaton Garden Welfare Club at the Easkaton. AAAB President Md. Abu Nasar Uddin, Deputy Secretary, Ministry of Environment, Forest and Climate Change, General Secretary Fatema Jahan Sharna (Additional District and Session Judge), Research and Publication Secretary Dr. Mohammad Khurshid Alam were present among the Executive Committee members along with other AAAB alumni. Mr. Md. Zahurul Haque, Additional Secretary, Ministry of Land, Mr. Md. Mizanur Rahman ndc, Registrar (Additional Secretary), Office of the Registrar of Joint Stock Companies and Firms, Md. Jasim Uddin, Additional Divisional Commissioner (Joint Secretary), Read more...