River vessel workers will go on a countrywide work abstention from Wednesday midnight to press home their 15-point demand.
Category: Business
DMP to launch awareness campaign on traffic rules
Dhaka Metropolitan Police (DMP) Commissioner Asaduzzaman Mia on Tuesday said they will launch a massive campaign among city dwellers from May for making them aware and obey the traffic rules.
IBBL board recommends 20% cash dividend for shareholders
The Board of Directors of Islami Bank Bangladesh Limited recommended 20% cash dividend for the shareholders for the year 2015 subject to approval of the 33rd Annual General Meeting of the Bank.
Case over theft of BB reserve deferred to May 22
Court Correspondent The Chief Metropolitan Magistrate (CMM) Court of Dhaka on Tuesday deferred the date for 2submission of a report on the theft of money from the Bangladesh Bank reserve to May 22.
Inquiry launched as suspected drone strikes passenger jet in London
London (CNN)British police and government aviation investigators have launched inquiries after a passenger jet was struck by what was believed to be a drone as it approached a London airport Sunday. British Airways Flight BA727 from Geneva, Switzerland, was coming…
IBBL Shariah Committee meeting held
A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited was held at the Islami Bank Tower on Monday.
Saudis threaten US with economic retaliation if 9/11 bill passed
Saudi Arabia has warned US officials that it will sell off hundreds of billions of dollars of American assets if a new bill is passed that could allow the Saudi government to be held accountable for the 9/11 terror attacks.…
Banker sees no interest rate cut possibility
Prime Bank Managing Director Ahmed Kamal Khan Chowdhury sees no possibility of a cut in interest rates on bank loans in next six months. He made the observation in a media conference to mark the bank’s 21st anniversary on Saturday.“The…
IBBL Officer Kalyan Samiti celebrates Pahela Boishakh
Islami Bank Officer Kalyan Samiti arranged programs celebrating Pahela Boishakh, the first day of Bangla New Year 1423 in different places of the country. Mohammad Abdul Mannan, Managing Director of IBBL inaugurated the program of Chittagong South and North Zone…
Oil prices fall
Oil prices fell on Friday in subdued trade as traders and analysts anticipate a weekend meeting of major oil exporters to do little to help to clear global oversupply quickly, even though it would provide a floor for the market.All…
Cameron appoints Rushanara as BD trade envoy
Dhaka – British Prime Minister David Cameron has appointed Rushanara Ali, a Labour Party MP for Bethnal Green and Bow, to join the cross-party trade envoy network as a trade envoy for Bangladesh. The appointment, made on the occasion of…
China key to record global movie earnings
Movie theaters reaped record earnings around the world last year – $38.3 billion – fueled by China and young people’s spending on cinema tickets, industry data showed Tuesday. Global spending on big screen showings of films was up by 5.2…
Islami Bank signs agreement with Ria for remittance service
Islami Bank Bangladesh Limited signed an agreement with Ria Money Transfer (Ria) to provide remittance payout services in Bangladesh at a function held recently at Islami Bank Tower.
Asian stocks lifted by optimism on oil prices, Wall Street
Asian stocks logged solid gains Wednesday, cheered by a rally on Wall Street, although oil prices erased some of the recent big gains that had relieved among global investors.
Jute mill workers continue strike, defying govt’s call
Dhaka – The employees of seven state-owned jute mills in Southwestern Khulna district are continuing their indefinite strike on Wednesday defying the government’s call to withdraw it, unb news agency has reported.
Stocks recover on higher transactions
Dhaka – Stock market ended flat on Tuesday, with showing marginal increase in price indices and market activities, bss news agency reported. The market began the week on Sunday downward and continued sinking till the close of the next trading…
47th Meeting of Islamic Banks Consultative Forum held
The 47th Meeting of Islamic Banks Consultative Forum (IBCF) was held on Sunday the 10th April, 2016 in the Meeting Room of Bangladesh Association of Banks (BAB) Engr. Mustafa Anwar, Chairman, IBCF & Chairman, Board of Directors of Islami Bank…
HC disposed the writ petition of biometric registration
STAFF REPORTER After giving some directives and observation, the High Court yesterday disposed of a writ petition filed challenging the legality of biometric registration for purchase of mobile phone Subscriber Identity Module (SIM) cards.
UAE shows interest in producing jet fuel from condensate in BD
STAFF REPORTER United Arab Emirates (UAE) has expressed its interest to work with Bangladesh in producing jet fuel from condensate through using newer technology.
Court convicts former VP of AB Bank & his wife life imprisonment
Court Correspondent A Dhaka court on Tuesday sentenced former Vice-president of AB Bank Shibli Sadek Chowdhury and his wife Kamrunnesa Chowdhury to life imprisonment in a case filed for embezzlement of Tk 6.74 crore.
Jute mill workers’ strike continues
The indefinite strike enforced by the employees of seven state-owned jute mills in the district to press home their five-point demand entered the ninth day on Tuesday.“The decision whether to continue the strike or not will be taken after a…
UK now satisfied over Dhaka airport security
Dhaka – The British government has expressed satisfaction over the improved security measures taken by the Bangladesh government at Hazrat Shahjalal International Airport, unb news agency reported. British Prime Minister David Cameron has written back to her Bangladesh counterpart Sheikh…
REHAB wants money whitening option again
The Real Estate and Housing Association of Bangladesh (REHAB) has demanded revival of the option to legalise untaxed money through investment in the sector unconditionally for 10 years.REHAB Prsident Alamgir Shamsul Alamin made the demand in a news call on…
Suspected BB officials involved in $81m heist
The Central Investigation Department (CID) of police enlisted names of 7-8 Bangladesh Bank officials as the reserve fund heist suspects.The suspects have been interrogated several times and their bank accounts, email accounts, and mobile phone conversations are being checked.However, the…
HC arrest warrant against 3 tannery owners for non-compliance
The High Court Sunday issued arrest warrant against three Hazaribagh tannery owners for not complying with its earlier order relating to move their factories to Savar and not appearing before court despite a summons order. On March 23, in response…
Businesses seek central Bank’s strong vigil over financial sector
Dhaka – Worried over the banking sector, the FBCCI chief seeks ‘responsible behaviour’ equally from both banks and their customers with strong supervision from the central bank so that Bangladesh does not fall in any big financial risk in the…
UK prime minister says he bungled admission of offshore fund
London – British Prime Minister David Cameron admitted Saturday that he bungled his admission of his investment in an offshore fund revealed in the mammoth data breach of a Panama law firm. Cameron drew laughs and applause from a sympathetic…
Meeting deadline is impossible,need few more months
Though the extended deadline for the relocation of tanneries from the city’s Hazaribagh area expires on Sunday, no sign was seen on Saturday to move those to the designated leather industrial park in Savar.
Jamuna Bank manager missing in Comilla
The manager of the local branch of Jamuna Bank Ltd went missing from the city on Thursday evening.
Cameron faces calls to resign after admitting of shares in offshore fund
By VICE News and Reuters After a week in which he has been forced into making daily public statements, British Prime Minister David Cameron finally admitted in a TV interview on Thursday that he once had a stake in his…