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  • Page 116

Category: Business

IBBL AGM approved 20% cash dividend

June 3, 2016 Farzana Afroze ZerinBanking

Islami Bank Bangladesh Limited approved 20% cash dividend for the shareholders for the year 2015. The dividend was approved in the 33rd Annual General Meeting of the Bank held on June 2, 2016, Thursday at Bangabandhu International Conference Centre, Dhaka.

Banking

DCCI happy with Package VAT retention

June 3, 2016 Staff ReporterBudget, Business

Dhaka Chamber of Commerce and Industry (DCCI) has congratulated the government for the retention of “Package VAT” and expressed mixed reactions over the proposed budget for the coming fiscal year. The DCCI held a meeting in its board room with…

Budget, Business

IBBL Shari`ah Supervisory Committee meeting held

June 1, 2016 Farzana Afroze ZerinBanking

Dhaka-A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on Tuesday at Islami Bank Tower.

Banking

Robi Dhonnobad prog brings special offer with Sigree

June 1, 2016 Staff ReporterBusiness, Telecom

Robi customers under Dhonnobad programme can now avail themselves of special discounts while enjoying Indian delicacies at Sigree. In this connection, Robi’s General Manager (Loyalty & Win-back) Tawfique Imam and Sigree’s Deputy General Manager Md Emdadul Hoque have recently signed…

Business, Telecom

6 militants get death penalty for Ashulia bank robbery

May 31, 2016 editorBanking, Courts law, Lead News

Dhaka – A Dhaka court on Tuesday condemned six members of banned Islamist outfits Ansarullah Bangla Team and Jama’atul Mujahideen Bangladesh (JMB) to death in a case over a robbery incident at a private bank at Ashulia, on the outskirts…

Courts law

Probe blames SWIFT in BB heist, report to be made public: Muhith

May 31, 2016May 31, 2016 Farzana Afroze ZerinBanking, Crime, Lead News

Dhaka – Finance Minister AMA Muhith on Monday said the probe report on the Bangladesh Bank reserve heist will be revealed within 20 days after unveiling the national budget in Parliament as the investigation committee submitted its report to him.

Banking

Traders demand retention of ‘Package Vat’

May 30, 2016 Staff ReporterBudget, Trade

Businessmen staged a one-hour human chain programme across the country on Monday demanding retention of ‘Package Vat’ in the new VAT (value added tax) law which is scheduled to come into effect on 1 July next. Traders in Old Dhaka…

Budget, trade

IBBL provides jeep to DMP

May 30, 2016 Farzana Afroze ZerinBanking

Islami Bank Bangladesh Limited provides one jeep to Dhaka Metropolitan Police for Diplomatic Zone of Gulshan Division.

Banking

Businesses to stage hour-long human chain prog Monday

May 29, 2016 Staff ReporterBudget, Business

Businesses across the country will stage a one-hour human chain programme on Monday demanding retention of ‘Package VAT’ in the new VAT (value added tax) law which is scheduled to come into effect on July 1 next. Dhaka, UNB News…

Budget, Business

IBBL Khulna Zone business dev conferenc held

May 26, 2016 editorBanking

The Khulna Zone of Islami Bank Bangladesh Limited organized Business Development Conference at a local hotel of Jessore on May 22, 2016 Sunday. Engr. Mustafa Anwar, Chairman of the bank addressed the conference as Chief Guest.

Banking

Three on life term in Hall Mark, Sonali Bank loan scam

May 25, 2016 editorBanking, Crime, Lead News

A Dhaka court on Tuesday sentenced three people, including an ex-assistant general manager of Sonali Bank, to life term imprisonment in a Tk 2.22 crore Hall Mark loan scam case. The convicts are assistant general manager of Ruposhi Bangla Hotel…

Banking

Third World finds free trade in rhetoric, protection in practice

May 24, 2016 editorInt’l relations, Last update, Trade

By Martin Khor Western countries are fond of preaching “free trade” to developing countries, but their own practice is often protectionist instead The Western countries commonly proclaim the great benefits of free trade and the evils of protectionism. In reality,…

Int’l relations

Thirty climbers sick on Everest after two deaths

May 23, 2016 editorAdventure, Lead 2, Tourism

About 30 climbers have suffered frostbite or become ill on Mount Everest, after two more died from apparent altitude sickness. Two Indian climbers have also been reported missing in the mountain’s so-called “death zone” near the summit.

Teletalk owes BTRC Tk 1,614.65 cr

May 20, 2016 Staff ReporterBusiness, Telecom

Bangladesh Telecommunication Regulatory Commission (BTRC) has failed to collect the outstanding payment of Tk 1,614.65 crore from state-run mobile operator Teletalk Bangladesh Limited despite issuing several notices. Sources at the BTRC said the regulator has recently sent a letter to…

Business, Telecom

US Export-Import Bank chairman sees business prospects in BD

May 20, 2016May 20, 2016 editorLast update, Trade

Mohammad Zainal Abedin New York – Mr. Fred P. Hochberg, the Chairman And President of the Export-Import Bank of the United States of America hails Bangladesh for its consecutive growth rate. Hochberg while briefing the journalists at roundtable on ‘U.…

Chinese national held for ATM card forgery on remand

May 20, 2016 editorBanking, Courts law, Lead 2

The Chief Metropolitan Magistrate (CMM) Court of Dhaka on Thursday placed Chinese national Zou Jian Hui, 38, arrested on Wednesday on the charge of stealing money from an ATM booth using a fake ATM card, on remand for a day.

Banking

IBBL receives appreciation for highest investment in agriculture

May 19, 2016 Farzana Afroze ZerinBanking

Dhaka-Islami Bank Bangladesh Limited disbursed the highest Agriculture & Rural Investment (Credit) among all private commercial banks during financial year 2014-15.

Banking

Chinese national held for drawing money using doctored ATM card

May 18, 2016 editorBanking, Crime, Lead 1

Dhaka 18 – The Rapid Action Battalion (Rab) detained a Chinese national on the charge of drawing Tk 66,000 using a fake ATM Card from the Prime Bank ATM booth of Elephant Road Bata Signal in the city on Wednesday…

Banking, Crime

IBBL Shari`ah Supervisory Committee meeting held

May 16, 2016 Farzana Afroze ZerinBanking

Press Release A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on May 15, 2016 Sunday at Islami Bank Tower.

Banking

Swift directly responsible for BB heist: Farashuddin

May 16, 2016 editorBanking, Lead News

Dhaka – The government-formed probe body on the Bangladesh Bank reserve heist found the Brussels-based Society for Worldwide Interbank Financial Telecommunication (SWIFT) “directly responsible” for the $101 million stolen from Bangladesh’s treasury account with the Federal Reserve Bank of New…

Banking

Transport strike in Khulna Div protesting compensation suit

May 15, 2016 editorTourism, Transportation

Dhaka – A 48-hour transport strike, enforced by the transport owners and workers in 10 districts under Khulna division in Southwest Bangladesh demanding withdrawal of two compensation suits against two bus service owners, began Sunday morning, unb news agency reported.

Islami Bank Board meeting held

May 15, 2016 Farzana Afroze ZerinBanking

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Thursday, May 12, 2016 at the Board Room of Islami Bank Tower with Engr. Mustafa Anwar, Chairman of the Bank in the cahir. Directors along…

Banking

Islami Bank Board meeting held Thursday

May 13, 2016 editorBanking

Dhaka – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Thursday, May 12, 2016 at the Board Room of Islami Bank Tower with Engr. Mustafa Anwar, Chairman of the Bank in the cahir.…

Banking

Official: Iran won’t attend hajj in Saudi Arabia this year

May 12, 2016 Staff ReporterConflicts, Tourism, World News

Iran will not send pilgrims to Saudi Arabia this year for the annual hajj pilgrimage, an Iranian official announced Thursday, the latest sign of tensions between the two Mideast powers after a disaster during the event last year killed at…

Conflicts, Tourism, World news

Islami Bank MD receives Asian Banker Award

May 12, 2016 editorBanking

Mohammad Abdul Mannan, Managing Director of Islami Bank Bangladesh Limited has received the Asian Banker CEO Leadership Achievement Award-2016. Under his leadership, the bank was recognised as the best Managed Bank in Bangladesh. The award was given at the Asian…

Banking

Soaring prices ahead of Ramadan irk BNP

May 9, 2016 editorPolitics, Trade

Dhaka – BNP on Sunday alleged that a business syndicate ‘belonging to the ruling party’ has started raising unusually the prices of various commodities, including garlic, onion, gram and vegetable, ahead of Ramadan, unb news agency reported. Speaking at a…

trade

Islami Bank’s agreement with BURO Bangladesh

May 8, 2016 Farzana Afroze ZerinBanking

Islami Bank Bangladesh Limited signed an agreement with micro credit organization BURO Bangladesh to provide mobile financial services through IBBL mCash on May 8, 2016 at Islami Bank Tower.

Banking

BD adds more brands in hotel portfolio, needs mid-market properties

May 8, 2016October 12, 2016 editorColumns, Tourism

-By Raquib Siddiqi The hospitality industry in Bangladesh is entering a new era with the addition of more brands to its growing hotel portfolio. With the coming up of a number of new international hotels brands, the sector is now…

BD adds more brands in hotel portfolio

BB Heist: RCBC chief quits taking moral responsibility

May 7, 2016 Farzana Afroze ZerinBanking

Taking the moral responsibility for Bangladesh Bank’s reserve heist, Rizal Commercial Banking Corp (RCBC) President and CEO Lorenzo Tan has resigned giving the board a free hand in directing the course of the bank’s future.

Banking

BD actively considering TFA ratification: ICCB

May 6, 2016 Staff ReporterBusiness, Economy, Int’l relations, News, Trade

Bangladesh is ‘actively considering’ to ratify the Trade Facilitation Agreement (TFA) to allow an easy flow of goods and lowering the costs of doing business across borders. “In order to become middle income country by 2021, Bangladesh has to ensure…

Business, economy, Int’l relations, News, trade

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