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10 August, 2008
ME firm to build 2 townships in Dhaka

The country's real estate companies are opposing foreign direct investment in housing sector, as a leading Middle East-based developer is working to establish two modern townships in Dhaka.

The Ras Al Khaimah-based Rakeen Development Company has
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08 August, 2008
Airfreight business booming

Private airfreight business in the country is now booming as domestic and international trade has grown in recent time, according to industry sources.

Starting in 1998, seven local private airfreight companies are in operation both on domestic
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08 August, 2008
Warid signs corporate deal with IFIC Bank

Warid Telecom Wednesday signed an agreement with IFIC Bank to provide complete telecommunication services under its corporate package.

Under the agreement, IFIC Bank will enjoy customised call tariff and value added services of the Warid Telecom
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08 August, 2008
Summit Power approves 20 per cent stock dividend

The 11th Annual General Meeting of Summit Power Limited was held Thursday at Bashundhara Convention Centre, Baridhara in the city.

At the meeting, the shareholders of the company approved 20 per cent stock dividend for the year ended December 31,
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07 August, 2008
Formulating an integrated transport policy stressed

Working Group-2 on infrastructure of Bangladesh Better Business Forum (BBBF) held its 10th meeting in the city Tuesday, said a press release.

Member Planning Commission and Co-Chairperson of the Infrastructure Working Group AMM Nasiruddin, Member
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07 August, 2008
Warid, BRAC Bank sign SMS banking deal

Warid Telecom Wednesday signed an agreement with BRAC Bank to introduce SMS banking service for its subscribers.

Following the signing of the agreement, Warid subscribers, who maintain accounts with BRAC Bank, will be able to get basic banking
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07 August, 2008
NBR chairman urges NRBs to send remittances thru’ legal channels

The National Board of Revenue (NBR) Chairman Muhammad Abdul Mazid Wednesday urged the non-resident Bangladeshi to send remittance in formal channel instead of hundi.

Movable and immovable properties possessed with the amount of hundi will be
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06 August, 2008
AKTEL share offloading by year-end

AKTEL, the country's third largest mobile operator, has said it is now working on listing it on the capital market by the year-end, bringing another good news for the continued bearish market.

The company officials said the commitment made
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06 August, 2008
HSBC launches new service for NRB investors in stock market

The Hong Kong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh Tuesday launched a new custodian service, first of its kind allowing the non-resident Bangladeshis (NRBs) to invest in the capital market.

Under this service called
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06 August, 2008
MTBL helps meritorious students

Mutual Trust Bank Limited (MTB) in association with Dhaka University Alumni Association (DUAA) has helped 67 meritorious and needy students of all institutes of the DU, TSC and Dhaka Medical College.

The bank helped the students as a part of its
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