The government has floated the first ever global tender for the upcoming Taka 22,000 crore worth mega metro rail project. “We have floated global tender under pakage-8 on last Friday to procure Rolling Stock (engines and coaches) and depot equipment…
Washington, D.C.-For more than 50 years, global production of plastic has continued to rise. Some 299 million tons of plastics were produced in 2013, representing a 4 percent increase over 2012. Recovery and recycling, however, remain insufficient, and millions of…
Dr Atiur Rahman Attaining high quality of corporate governance is important for creating and maintaining investor confidence in corporate businesses and much more so for banks as they are highly leveraged and engaged in risk bearing investments with depositors’ funds…
US technology giant Apple has reported the biggest quarterly profit ever made by a public company. Apple reported a net profit of $18bn (£11.8bn) in its fiscal first quarter, which tops the $15.9bn made by ExxonMobil in the second quarter…
The Jatiya Sangsad on Monday passed the Metro Rail Bill, 2015, which is meant t help curb traffic jam in the capital city side by side with providing quick and modern transport service to commuters. Road Transport and Bridges Minister…
A meeting of the Board of Directors of Islami Bank Bangladesh Limited (IBBL) was held at the Board Room of Islami Bank Tower on Saturday. IBBL acting Chairman Engineer Mustafa Anwar presided over the meeting. Local and foreign directors along…
-By Raquib Siddiqi Bangladesh Tourism Board (BTB)—the national tourism organisation devoid of any authority and effectiveness. Biman Bangladesh Airlines (Biman), the national flag carrier and other domestic private carriers are not in good health for various reasons. The hospitality industry…
KrisEnergy has completed a 3,146km 2D seismic acquisition programme in the SS-11 exploration block offshore Bangladesh. CGG Services carried out the programme, which took 22 days to complete. Block SS-11 covers a total of 4,475km² in the Bay of Bengal,…
Islami Bank Bangladesh Limited was awarded the “ICMAB Best Corporate Award-2014” by the Institute of Cost and Management Accountants of Bangladesh in Private Commercial Banks (Islamic operation) category.
Foreign currency deposited in foreign currency accounts of shipping lines and airlines against freight charges on FOB exports from licensed freight forwarders may be used for outward remittances on account of surplus earnings, a Bangladesh Bank circular said on Monday.…
Any outsourcing outside Bangladesh will require prior approval of Bangladesh Bank under Section 12 of the Bank Company Ain, 1991 regardless of the fact that the specified functions is conducted by or data is provided to an unrelated third party…
Farmers of this district expect a good harvest of onion in the current year as all the ingredients including climatic condition are favourable in this onion producing area.
A poster tied to a fence at the scene of the Bangladesh Rana Plaza building collapse reads, “We want a safe work place, not a death trap’ on the first anniversary of the disaster on the outskirts of Dhaka on…
Ferry services on the Shimulia-Kawarakandi route in the Padma river remained suspended for four hours till this morning.
Speakers have asked the branch managers and other field staffs of Rajshahi Krishi Unnayan Bank (RAKUB) to speed up its farmers-level lending activities for boosting agricultural production to face the gradually increasing food demand.
Production has been hit in thousands of brick kilns in Bangladesh that are dependent on coal from Meghalaya following an interim ban on the primitive rat-hole mining practice in the northeastern state, a Bangladeshi official said Shillong Monday. “If coal…
Washington, D.C.- As national governments flounder to resolve pressing global challenges, corporations are positioning themselves within the United Nations framework as efficient players and indispensable partners in international policy debates. But with their immense economic and political sway, can corporations…
The Bangladesh Bank (BB) on Tuesday lifted the restriction on installing electronic banking booths including ATMs (automated teller machines). Issuing a circular, the central bank suggested to all banks that they would no longer require to seek BB’s permission to…
Agriculture experts have stressed for enhanced cultivation of zinc-enriched rice to prevent deficiency of vital micro-nutrients like zinc, iron and vitamin-A of the children to ensure their normal growth and increase disease resistant capacity.
A 2-day Business Development Conference of Islami Bank Bangladesh Limited which began at a city hotel on Saturday is now is progress. Engr. Mustafa Anwar, acting chairman of the bank, was present as the chief guest in the inaugural ceremony…
The fourth day of countrywide blockade programme passed off amid stray incidents of violence of setting fire to and damaging vehicles, clashes between police and pro-blockade activists in different parts of the country leaving around 100 people injured. The blockade…
Inter-cropping with sugarcane has been found as more beneficial to the farmers as it can boost total crop production per unit area coupled with ensuring sustainable sugarcane cultivation with higher economic benefit compared to other crops.
The banks in Bangladesh were on Thursday issued guidelines to assess risks of money laundering and terrorist financing in their operations, and were given by three months to complete such assessment 31 March. The output of this assessment will be…
Bangladesh Bank Governor Dr. Atiur Rahman on Thursday inaugurated an online payment gateway of Bank Asia and Payonees in Dhaka. Given below is part of the statement he made at the function: I am happy to see Bank Asia, one…
Honey farming has made many people especially some self-committed persons small entrepreneurs in the region.
Cultivation of highly profitable lemon has been expanding fast bringing fortune to hundreds of farmers, common people and distressed women everywhere in Rangpur region in recent years.
Bangladesh Bank (BB) Governor Atiur Rahman has been awarded the “Central Banker of the Year 2015” for the Asia-Pacific. The Banker, a magazine of the London-based Financial Times, announced the award on Monday. Dr Atiur received the award for his…
Awami League activists will remain on streets all over the country to face the blockade programme called by the BNP and its allies, communication minister Obaidul Quader said on Monday night. He said that the workers and leaders of the…
A bumper production of mustard is likely in Rangpur Agriculture region during the current Rabi season as the crop is growing excellent after the farmers exceeded its fixed farming target, official sources said.
There should be increased focus on proper enforcement of the existing traffic rules in the country as it can help reduce road accidents by 50 percent and improve road safety significantly, according to experts.