The New Nation - Internet Edition

BUSINESS REPORT

Sri Lankan company M/s Screenline Embellishers (Bangladesh) Limited is going to set up an embellishers manufacturing industry in the Dhaka Export Processing Zone.

This 100 per cent foreign owned company will invest about Taka 10 crore and will produce Screen Printings, Motifs, Heat Transfer, Embroidery and Labels. The company will also create employment opportunity for 100 Bangladeshi nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and the M/s. Screenline Embellishers (Bangladesh) Limited in BEPZA Complex, Dhaka on May 11.

Member (Investment Promotion) of BEPZA and Chairman of M/s. Screenline Embellishers (Bangladesh) Limited signed the agreement on behalf of their respective organisations.

BEPZA and other high officials of both sides were present on the occasion.

NBL, WU launch 'Road Show'

A 'Road Show' launching ceremony was jointly organised by the National Bank Limited (NBL) and the Western Union (WU) at the head office of the bank in the city recently, said a press release.

Executive Director of Bangladesh Bank Md Yasin Ali inaugurated the 'Road Show' as the chief guest. Managing Director of National Bank Md Abdur Rahman Sarker presided over the function.

Deputy managing directors and executive vice president of the bank and country manager of the Western Union in Bangladesh were also present, among others.

The 'Road Show', a month-long business campaign, was ventured by the bank and the Western Union, in order to make the money transfer service more dynamic and popular and to bring the remittance service of the bank at the doorsteps of the people of Bangladesh.

The 'Road Show', started from Dhaka and Cox's Bazar, will cover 101 places in the country.