Planning Minister AHM Mustafa Kamal has said underground railroads will be constructed in the capital alongside the metro rail ones.
Category: Business
MD of IBBL reveives Islami Banking Award
The Managing Director of Islami Bank Bangladesh Limited Mohammad Abdul Mannan received ‘Islami Banking Award’ for remarkable contribution to the arena of Islamic banking and economy in Bangladesh. Central Shari’ah Board for Islamic Banks of Bangladesh conferred the award for…
Metro rail project will sat in Feb ’16: Quader
Expressing that the metro rail project is in progress, Road Transport and Bridges Minister Obaidul Quader on Wednesday said the government is hoping to start the physical work on the mega project in February 2016.
Global “Millennium Goals” for the Islamic finance human capital space
Manama, Bahrain – The World Islamic Banking Conference (WIBC) 2015 will serve as a launching pad for a critical report by Simply Sharia Human Capital – the UK’s first recruitment and knowledge portal solely dedicated to Islamic finance. The report…
World Bank wants to fund big projects
The World Bank now wants to fund a project ‘even bigger’ than the $2.9 billion Padma railroad bridge project.This comes barely two years after the global lender raised a stink over alleged corruption forcing Bangladesh to withdraw its funding request…
Most firms not paying VAT: NBR
The allegation against commercial institutions of not paying Value Added Tax (VAT) after billing customers for it on expenses is not new.Now the issue has come to the fore during the National Board of Revenue’s (NBR’s) campaign.People are also taking…
Govt. to provide support for MFS providers
State Minister for Finance and Planning MA Mannan on Sunday said the government is ready to provide essential support to the Mobile Financial Service (MFS) providers to reach out maximum population.
Max VOIP calls generates through Teletalk
State-run mobile phone operator Teletalk’s SIM cards are widely used in illegal Voice over Internet Protocol(VoIP) business as it is not complying with the telecom regulator’s directives to prevent illegal call termination and fake registration, according to a BTRC letter.
Number of fixed broadband users increasing
The number of fixed broadband users in Bangladesh is growing even though the growth is much less than that of mobile internet subscribers.In a month, the number of such subscribers has increased by 47 percent. According to a report of…
BD is a rising consumer market
Bangladesh is becoming a large market with a growing number of people from middle-income class affluent consumers, a study has found.Business strategy adviser the Boston Consulting Group (BCG) released the report, titled ‘Bangladesh: The Surging Consumer Market Nobody Saw Coming’,…
33 BD mission abroad out of 53 failed to achieve targets
Thirty-three out of 53 Bangladesh missions abroad have failed to achieve their respective export targets set for the first quarter (July-Sept) period of the current fiscal year (2015-16).
MNP will solve call drops menace: S K Bose
Mobile Number Portability (MNP) is the only solution to the dropped call menace, outgoing BTRC Chairman Sunil Kanti Bose feels.Once MNP is introduced, mobile users will be able to switch to another service provider without changing existing number and that…
10-year US offer for pharma patent waiver ‘Unconscionable, indefensible’
London (Sangeeta Shashikant) – The United States’ offer to least developed countries of a 10-year transition period to grant pharmaceutical patents is “unconscionable and indefensible”, according to six influential US non-governmental organisations (NGOs). In a letter dated 19 October to…
Bangladesh to sell internet bandwidth to India
The export of internet bandwidth to India has been delayed because cable connection was not set up across the border, State Minister for Post and Telecommunications Tarana Halim says.Bangladesh would start selling bandwidth in November, she said on Tuesday.She was…
Biometric SIM registration begins
The re-registration of subscriber identity modules (SIMs) through biometric verification system begins on Wednesday on an experimental basis, State Minister for Posts and Telecommunications Tarana Halim said on Tuesday.
WB is expecting 6.5 percent GDP growth
Observing that Bangladesh’s economy is stable but not ‘certain’, the World Bank on Tuesday forecast the country will post a 6.5 percent GDP growth in the current fiscal year.
Jessore-Benapole direct train launched to facilitate travel
Dhaka – Direct train service from Jessore to Benapole, has been introduced on Tuesday to provide a shortcut journey to the travelers to and from Bangladesh and India by land route. The railway authorities decided to introduce the service following…
Tarana asks all operators to resolve call-drop problem
State Minister for Post and Telecommunication Tarana Halim on Monday asked all the mobile phone operators to resolve the call-drop problem by December next.
Joy asks startups to keep on trying
Prime Minister’s ICT Adviser Sajeeb Ahmed Wazed Joy has asked Bangladesh startups not to give up despite failures. Bangladesh’s first Software Technology Park, aimed to facilitate IT entrepreneurs, was inaugurated on Sunday.Speaking on the occasion, Joy said he hopes that…
Commuters suffers for transport workers’ wildcat strike
Commuters suffered a lot in the capital due to crisis of public transport on Monday as bus and minibus workers of various routes went on a wildcat strike protesting punishment given by a BRTA mobile court to a bus driver…
Bd Women Chamber chief Selima Ahmad gets int’l award
The International Alliance for Women (TIAW) has announced Selima Ahmad, vice chairperson of Nitol Niloy Group and president of Bangladesh Women Chamber of Commerce and Industry (BWCCI), as the recipient of the TIAW World of Difference Lifetime Achievement Award-2014-2015. The…
WB chief economist says BD economic progress as astonishing
The Word Bank’s Chief Economist Kaushik Basu has described Bangladesh’s economic progress as astonishing. He said it was difficult to feel the same way 10 years ago about Bangladesh, which is now in the top league of nations with high…
Bangladesh participates in Uzbekistan fair
Bangladesh, which is one of the largest importers of cotton from Uzbekistan, has taken part in the 11th cotton and textile fair in Tashkent to improve the trade ties.Dhaka’s mission in the Uzbek capital on Friday said Ambassador Mosud Mannan…
Yunus Social Business Centre at Hong Kong University
Nobel Laureate Professor Muhammad Yunus visited Hong Kong on October 14. He gave the “I CARE-University Lecture on Civility” in the packed Sir Run Run Shaw Hall of the Chinese University of Hong Kong (CUHK). The university has 20,000 students.…
China economic growth seen slowing
China’s economic growth is expected to slow to 6.5 percent in 2016 from an expected 6.8 percent in 2015, even as the central bank eases policy further to ward off a sharper slowdown, a Reuters poll showed.A 25-basis-point reduction in…
Agreement signed to set up Grameen microcredit in Shenzhen
Shenzhen – Nobel Laureate Professor Muhammad Yunus addressed a gathering of political leaders, top business leaders, and academic at Shenzhen Citizen’s Centre. Mr Bai Li Chen, Deputy Chairman of Chinese People’s Political Consultative Conference, a top ranking national leader of…
IBBL donates Taka 2 cr to PM’s relief, welfare fund
Bangladesh Association of Banks congratulated Prime Minister Sheikh Hasina on receiving United Nations’ highest environmental accolade ‘The Champions of the Earth’ and ‘ICT Sustainable Development Award’ on Monday, October 12, 2015. Engineer Mustafa Anwar, Chairman of Islami Bank Bangladesh Limited…
Secretariat shift shelved until plan matches with Kahn’s original
The Executive Committee of National Economic Council (ECNEC) has turned down a proposal to shift Bangladesh Secretariat from Ramna to Sher-e-Bangla Nagar as it was not accompanied by the original plan prepared by architect Louis I Kahn.The meeting on Tuesday,…
Yunus addressed Forum of Bankers and Investment Jiao Tong University
Nobel Laureate Professor Muhammad Yunus addressed a one day Forum of bankers and investment fund managers on Inclusive Finance and Social business, organized by Shanghai Jiao Tong (commercial) University in their campus.
Keep money in Bangladesh,not abroad: PM
Prime Minister Sheikh Hasina has urged businessmen to keep their money in Bangladeshi banks following reports that their Swiss bank accounts are swelling.She made the appeal at a reception for her hosted by Bangladesh’s apex business body FBCCI in Dhaka’s…