Breaking News
April 1, 2019 - Lower bank interest rate, pay off loan on time: PM
April 1, 2019 - Programmes taken to celebrate Bangabandhu’s birth centenary
April 1, 2019 - FR Tower tilted slightly: experts
April 1, 2019 - Bangladesh sees lowest debt-GDP ratio in world: Kamal
April 1, 2019 - Political talks between Bangladesh and Switzerland on tomorrow
April 1, 2019 - Country to have 13266 MW power more in next few years
April 1, 2019 - Drives to inspect buildings safety measures begin tomorrow: Rezaul
April 1, 2019 - Govt wants to bring back Bangabadhu’s fugitive killers: FM
April 1, 2019 - BNSK observes 88th birthday of Shaheed Journalist Selina Parvin
March 31, 2019 - Sayeed H. Chowdhury, Chairman, Board of Directors of ONE Bank Limited, poses for a photo session with the scholarship winners from various educational institutions of Dhaka and sub-urbs of Dhaka arranged by the Bank at Officers’ Club in the city Thursday. Asoke Das Gupta, Vice-Chairman, Kazi Rukunuddin Ahmed, Shawket Jaman, Directors, M Fakhrul Alam, Managing Director and Wakar Hasan, DMD of the Bank were also present.
March 31, 2019 - Dr. Muhammad Imran, Ambassador of Bangladesh to UAE, inaugurating the ATM operation of Janata BanK Limited, at Abu Dhabi recently. Amirul Hassan, Chief Executive, JBL UAE operation and other Bangladeshi expatriates attended the inaugural ceremony.
March 31, 2019 - Kazi Akram Uddin Ahmed, Chairman, Board of Directors of SBL Capital Management Limited, presiding over its 32nd meeting at its head office in the city recently. Mohammed Shamsul Alam, Mohammed Abdul Aziz, SAM Hossain, Md. Zahedul Hoque, Kazi Sanaul Hoq, Mamun-Ur-Rashid, S S Nizamuddin Ahmed, Kazi Khurram Ahmed, Tazmeem Mostafa Chowdhury, Md. Shahedul Alam, Directors of the company were also present.
March 31, 2019 - Three banks signed deal with Toma Construction
March 31, 2019 - AIIB approves $120m in loans for BD power sector
March 31, 2019 - UCBL signs agreement with InterContinental Dhaka
March 31, 2019 - Don’t pay heed to rumors
March 28, 2019 - DWCCI holds Annual General Meeting 2018
March 28, 2019 - No price hike of essential commodities in Ramadan: Tipu
March 28, 2019 - Bangladesh-India start cruise Friday
March 28, 2019 - AL’s relations with people are deep-rooted: PM
March 27, 2019 - Hasan urges parties to discard negative politics for nation building
March 27, 2019 - AL pays homage to Bangabandhu on Independence Day
March 27, 2019 - President hosts reception on Independence Day
March 27, 2019 - President, PM pay homage to Liberation War heroes
March 25, 2019 - Mohammad Mejbahuddin, Chairman, Board of Directors of Bangladesh Development Bank Limited (BDBL), presiding over a discussion meeting marking the Independence and National Day at its head office on recently. Salma Nasreen, Director, Manjur Ahmed, Managing Director, officials and leaders of Bangabandhu Parishad, Officers Association & Employees Union (CBA) of the Bank were also attended.
March 25, 2019 - SM Formanul Islam, Executive Director and CEO of Bangladesh Infrastructure Finance Fund Limited (BIFFL), attended at ‘Voluntary Blood Donation Programme’ marking its 8th anniversary at its Kakrail office premises on Thursday. Sagir Hossain Khan, Chief Operating Officer, Mohammad Khan, Secretary and other officials of the company were also present.
March 25, 2019 - Prof. Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee of Islami Bank Bangladesh Limited and Chairman of Bangladesh House Building Finance Corporation addressing a conference of ‘Insurance Fair’ organized by Insurance Development and Regulatory Authority-IDRA as special guest in Chattogram recently.
March 25, 2019 - Managing Director and CEO of Prime Bank Rahel Ahmed Managing Director and CEO of Prime Bank Rahel Ahmed poses for photograph with the participants at a wholesale banking offsite event at The Palace Luxury Resort in Habiganj recently. The bank’s Deputy Managing Director (DMD) Md Golam Rabbani, DMD and CBO (Commercial Banking Division) Md Touhidul Alam Khan, and DMD and CFO Md Habibur Rahman Chowdhury were also present on the occasion.
March 22, 2019 - BEZA to set up 9.5 km cable car route at Naf Tourism Park
March 14, 2019 - Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited (FSIBL) and Dr. Chowdhury Mohammad Wasiuddin, Managing Director of Padma Islami Life Insurance Limited, exchanging an agreement signing document regarding life insurance facilities to FSIBL employees and clients at the Bank’s head office in the city on Wednesday. High officials from both the organizations were also present.

Nippon Steel, Sumitomo Metal merger approved

Desk Report : Japan on Wednesday approved a merger between the nation’s biggest steelmaker Nippon Steel and third-ranked rival Sumitomo Metal Industries that will create the world’s second-largest steel firm.

The tie-up, planned for official launch on October 1, 2012, will create a steel firm second only to

world steel giant ArcelorMittal and generate savings in the face of increasingly intense global competition.

The Japan Fair Trade Commission announced on Wednesday that the merger would not be problematic in terms of competition.

Global competition in the steel industry has intensified in recent years with demand spurred by emerging economies such as China, which are undertaking massive construction, infrastructure and manufacturing projects.

Japanese automakers, electronics makers and other companies have also sought to expand production in foreign markets in search of growth, stronger consumer demand and by way of hedging against foreign exchange risks.

Through the merger, the steelmakers will aim to realign and strengthen a global network, namely in China, Brazil, India and Southeast Asian countries.

The new company, Nippon Steel & Sumitomo Metal Corp., ‘will aim to achieve 60 to 70 million tons in terms of global production capacity by further accelerating its overseas business development,’ the two firms said in September.

The merger, under the ratio of 0.735 Nippon Steel shares to one Sumitomo Metal share, would be the first in the Japanese steel industry since the creation of the country’s number two firm JFE Holdings around a decade ago

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