Organisation News
GPH Ispat makes Tk 64 crore profit in Q3
GPH Ispat Ltd registered a profit of Tk 64.31 crore between July and March of the current financial year on the back of the relative stability in the exchange rate as it helped reduce expenses for raw materials imports.
RAK Ceramics’ profit plunges 70% in Q1
RAK Ceramics (Bangladesh) Limited saw a 70 percent decline in profit in the first quarter of the current calendar year compared to same period last year due to a decline in sales.
Summit Power's profits climb 49%
Summit Power Ltd (SPL) recorded a profit of Tk 441.64 crore in the July-March period of the ongoing financial year (FY) 2023-24, up a substantial 49 percent year-on-year despite witnessing a decline in revenue.
BFIU organises meeting with ICCAB
The Bangladesh Financial Intelligence Unit (BFIU) recently organised a meeting with the newly-formed executive committee of anti-money laundering compliance officers of the Insurance Companies CAMLCOs Association of Bangladesh (ICCAB) at the Bangladesh Bank in Motijheel.
Four establishments of Ispahani Group win ‘Green Factory Award’
Three tea gardens and an export-oriented textile mill of Ispahani Group have been honoured with the “Green Factory Award 2023” in recognition of their commitment to providing environment-friendly working environments.
Bank Asia Securities holds AGM
Bank Asia Securities Limited recently organised its 13th annual general meeting (AGM) at Bank Asia’s board room at Rangs Bhaban in the capital’s Bijoy Sarani.
Polygon, Zaytoon strike deal to implement CPS
Zaytoon Fintech recently signed an agreement with Polygon Information and Technology to implement Core Payment Solution (CPS).
Seven Rings Cement holds ‘Dealer Conference’
Seven Rings Cement recently organised a “Dealer Conference 2024” at a hotel in Cox’s Bazar.
Rationalise tariff to protect local industry
Entrepreneurs yesterday emphasised the need to follow Bangladesh’s tariff policy when imposing duties on imported goods.
LafargeHolcim wins ‘Green Factory Award 2023’
LafargeHolcim Bangladesh received the “Green Factory Award 2023” yesterday for its continued endeavor to ensuring eco-friendly technology and a safe workplace in its cement plant in Chattak upzaila of Sunamganj.
Shibli Rubayat-Ul-Islam reappointed as BSEC chief
Prof Shibli Rubayat-Ul-Islam has been reappointed as the chairman of the Bangladesh Securities and Exchange Commission (BSEC) for another four-year term.
Faruque Ahmed elected chairperson of RDRS board of trustees
Faruque Ahmed has been elected chairperson of the Board of Trustees of RDRS Bangladesh for a three-year term, effective from today.
Delta Life Insurance Company organises ‘Annual Business Conference’
Delta Life Insurance Company recently organised its “Annual Business Conference-2023” at Hotel Sea Palace in Cox’s Bazar.
Green Delta, Truck Lagbe strike deal on motor insurance services
Green Delta Insurance recently signed an agreement with Truck Lagbe to facilitate motor insurance services to the latter’s customers.
Enhance skillset of graduates to improve insurance sector
Knowledge of specialised financial services is continuously evolving, which makes industry-academia relationship very important, according to discussants at a roundtable.
Prof Ubaidul Kabir new chairman of Bangladesh Red Crescent Society
Prof Dr Md Ubaidul Kabir Chowdhury, a prominent dermatologist, has been appointed as chairman of Bangladesh Red Crescent Society
ICCAB gets new office bearers
Probir Chandra Das, deputy managing director and CFO of National Life Insurance Company, and Moinul Hye Asif, executive vice-president and head of risk and compliance of MetLife, have recently been elected as chairman and general secretary respectively of the Insurance Companies CAMLCOs Association of Bangladesh (ICCAB) for a two-year term (2024-25).
Bangladesh embassy in US, SECI organise customers gathering and SECI app campaign
The Embassy of Bangladesh in the US capital of Washington DC and Sonali Exchange Company Incorporation (SECI), a subsidiary of Sonali Bank, jointly organised a customer gathering and SECI app campaign at the embassy’s Bangabandhu auditorium.
