Islami Bank Bangladesh Limited donated ten thousand pieces blankets to Bangladesh Bank for distributing among the cold affected destitute people.
Category: Business
Manikganj power plant obtained 227.41 crore fund
Dhaka Northern Power Generations Limited (DNPGL) obtained a fund of $ 28.97 million (equivalent to Tk 227.41 crore) from Investment Promotion and Financing Facility (IPFF) for its 55 MW power plant at Singair of Manikganj.
Annisul announced Aminbazar-Shyamoli as free from illegal parking
In another soothing step to ease nagging traffic congestion in the city, Dhaka North City Corporation has announced the Aminbazar-Gabtali-Kalyanpur-Shyamoli road free from illegal parking.
TIB concerned at Rooppur nuke plant transparency
Dhaka – Transparency International Bangladesh (TIB) has expressed concern over the reliability and security of the proposed Rooppur Nuclear Power Plant and demanded full public disclosure of information related to the project to ensure transparency in the plant construction. Bangladesh’s…
Crude oil down to $37 a barrel
Oil fell close to $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has more than halved prices since the downturn began in mid-2014.US crude was trading below global benchmark Brent, having…
World Bank to finance Siddhirganj power project
The government has signed a $177 million additional financing agreement with the World Bank to complete the ongoing construction of a 335 megawatt combined cycle power plant at Siddhirganj, near Dhaka.The plant that will start commercial operation in 2016 will…
Time arrives to take tough actions against illegal vehicles:Quader
Road Transport and Bridges Minister Obaidul Quader said the government is constructing improved roads and highways so that high-standard vehicles can ply to bring comfort to the passengers.
Tk1 million from IBBL for Reds Crescent to give winter blankets
Islami Bank Bangladesh Limited has donated Tk. 1 Million to Bangladesh Red Crescent Society for distributing blankets among the cold stricken people. Engr. Mustafa Anwar, Chairman of the Bank handed over the cheque to Hafiz Ahmed Mazumder, Chairman of Bangladesh…
No fuel price cut yet: Muhith
Despite the declining price of oil in the international market, the government is yet to decide on whether to cut the price of fuel oil in the domestic market, says finance minister AMA Muhith.“We talked to the ministry of energy…we…
Mercantile Bank opens branch in Madaripur
Mercantile Bank Limited yesterday opened its 107th branch in Madaripur town.Director of the bank Mohammad Selim inaugurated the branch at Monohori Pattri in Puran Bazar of the district town.
Islami Bank opens 304th branch at Kalapara, Patuakhali
Islami Bank Bangladesh Limited has opened its 304th branch at Kalapara of Patuakhali. Engr. Md. Eskander Ali Khan, Chairman, Executive Committee of the bank inaugurated the branch as chief guest on Wednesday. Humayun Bokhteyar, ACPA, FCA, Director of the Bank…
Bangladesh Bank signs agreements with six banks for long-term financing
Bangladesh Bank (BB) signed separate agreements with six private banks on Wednesday, the 23rd of December, 2015 to facilitate long-term financing under the World Bank funded Financial Sector Support Project (FSSP) at the Bangladesh Bank Head Office premise.
IBBL donates 5m for setting CCTV within Dhaka city
Press Release Islami Bank Bangladesh Limited donated Tk.5.00 million for setting CCTV at Gulshan-Banani residential area of Dhaka city.
Nairobi green signal for continued US trade-distorting agri-exports
Nairobi/New Delhi (D. Ravi Kanth) — The Nairobi “deliverable” on export competition on Saturday (December 19) provided a major victory for the United States, which secured the green signal to continue with its current trade-distorting agri-export programs with export credits,…
Govt, ADB sign loan deals for power system capacity improvement
The Asian Development Bank (ADB) and the government of Bangladesh on Tuesday signed $205 million loan agreements for increasing access to reliable supply of electricity and improving efficiency and capacity of power systems in Bangladesh.
Axiata acquires Nepal’s Ncell
Axiata Group Berhad (Axiata), the parent company of Robi, has made a foray into Nepal’s telecoms market by acquiring the country’s number one mobile operator Ncell Private Limited (Ncell).“Through its wholly-owned subsidiary, Axiata Investments (UK) Limited, Axiata has entered into…
Impact of microventure firms in developing countries
The Sustainable Innovation Forum at COP21 hosted an abundance of growth companies that are interested in accelerating sustainable development and the advancement of the green economy. In developed countries, venture capital firms and governments are able to invest in these…
Huge waves of industrial waste have left scores missing in China
By VICE News and Reuters At least 91 people were missing after a giant mound of mud and construction waste spewed out of an overfull dump site in a southern China boomtown and buried 33 buildings in the country’s latest…
IBBL opens branch at Singair of Manikganj
Islami Bank Banladesh Limited has opened its 303rd Branch at Singair of Manikganj. Engr. Mustafa Anwar, Chairman of the bank inaugurated the branch on December 20, 2015 Sunday as the chief guest.
WTO 10 Ministerial went down to wire, US intransigent
Nairobi (D. Ravi Kanth) — The World Trade Organization’s tenth ministerial conference, scheduled to ended December 18 went down to the wire because of the intransigent positions adopted by the United States. The US is refusing to allow any mention…
BD to be world’s top cotton importer replacing China:USA
Bangladesh is likely to become the world’s top cotton importer replacing China, according to the US Department of Agriculture (USDA) data.
IBBL SME Investment: Golden success in silver initiative
Special correspondent Golam Nabi of Natore, could not progress in academic education but dreamt to be self-reliant. He began fish farming in 1994 with a small funding of his own.
4th Graduation Ceremony of Grameen Caledonian College of Nursing Held
Special Correspondent Grameen Caledonian College of Nursing (GCCN), Dhaka, held its fourth graduation ceremony on 15 December through an exciting and jubilant event. Nobel Peace Laureate and Chancellor of Glasgow Caledonian University (GCU), Professor Muhammad Yunus presided over the ceremony…
India cuts onion export rate
India has cut the minimum export price of onions to $400 per tonne, reports NDTV.”On Onion — decision taken today to reduce the Minimum Export Price (MEP) of onions from USD 700 tonne to USD 400 a tonne,” Indian Commerce…
IBBL Board of Directors meeting held
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on December 13, 2015, Sunday at the Board Room of Islami Bank Tower. Engr. Mustafa Anwar, Chairman of the Bank presided over the meeting. Local and…
Padma bridge construction work begins
It always seems impossible until it is done as Nelson Mandela used to say. Once the Padma Multipurpose Bridge looked like that, but Bangladesh has taken it from dream to reality as its main piling and river training works began…
Ferry service on Paturia-Daulatdia resumes after 11 hours
Ferry service on the Paturia-Daulatdia route resumed on Saturday after 11 hours of its disruption caused by dense fog. Mahiuddin Russel, manager of BIWTA Aricha, said they kept suspended ferry services on the Paturia-Daulatdia route from 10:30am to 930 am…
Islami Bank wins ICAB National award
The Institute of Chartered Accountants of Bangladesh (ICAB) has awarded Islami Bank Bangladesh Limited under 15th ICAB National Award in Private Sector Banks category for Best Presented Annual Reports 2014.
Trade through Akhaura halted
Export and import through Akhaurha Land Port has been suspended in view of counting of ballots for Agartala Nagar Nigam [municipality] elections.People, however, can use the port as usual for crossing the border.Md Hasibul Hassan, adviser of Akhaurha Land Port…
PM approves second railway bridge at Kalurghat in Ctg
Chittagong Correspondent Prime Minister has given final approval for constructing second Kalurghat railway bridge over river Karnaphuli in chittagong . In the cabinet meeting held on Thursday , this approval was given, Deputy Comissioner of Chittagong sources said. Conscious circles…