Islami Bank Bangladesh Ltd (IBBL) donated two thousand blankets to Bangladesh Red Crescent Society (BRCS) on Wednesday for distributing those among cold-hit people.
Category: Business
20,000 char families change fortune through farming pumpkin
Over 20,000 extremely poor families, mostly landless and erosion victims, living in remote sandy-barren charlands on the Brahmaputra basin have changed their fates through farming pumpkin in recent years.
Poor response in Jan-12 deep-sea block bid submission feared
Though the government has revised the terms and conditions for the three deep-sea blocks bidding expecting a better response from the international bidders, but so far chances seem unlikely for a wider response. The three deep-sea blocks offered for bidding…
Food inflation rises to 9 percent in December
Food inflation rose to 9 percent in December, with the Bangladesh Bureau of Statistics blaming it on the current political turmoil. Non-food inflation however edged down in December compared to the previous month. The overall inflation in December rose to…
DSE, CSE gaining again despite continued political violence
Share price index at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – returned to positive on Tuesday as most of the issues registered gain despite no sign yet to end the ongoing political…
Prime Bank distributes 1,000 blankets in Rangpur
The Prime Bank Limited (PBL) distributed 1,000 pieces of quality blankets among the cold-hit distressed people including women and children here on Monday afternoon to mitigate their sufferings.
DSE, CSE start week in red amid political violence
Country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – started the week’s first session on negative note as most of the issues witnessed loss on Monday amid no sign of an end to the ongoing…
Prospects of boosting cotton production bright in Rajshahi region
Prospect of boosting cotton production in the region is bright as its topography and climatic condition suitable for the cash crop.
Priciest tuna cost down despite shrinking stocks
Sushi chain operator Kiyoshi Kimura netted a real bargain on Sunday, taking home a 507 pound (230 kilogram) bluefin tuna for a mere 7.36 million yen (about $70,000), a fraction of the price he paid last year at the year’s…
Hasina Bangladesh’s biggest economist, says Abul Barakat
Dhaka – Dr Abul Barakat who coined some economic activities as fundamentalist economy of Bangladesh on Thursday apologised to the residents of Gopalganj on ‘behalf of the opposition leader’ for her recent indiscreet remarks against their district. Barakat, also the…
DSE, CSE continued gain on Thursday
Share price index at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – gained for the second consecutive day in the New Year on Thursday, despite political turmoil across the country over the January…
Islami Bank distributing winter clothes among the poor
Islami Bank Bangladesh Ltd (IBBL) has taken an initiative to distribute some 2,10,000 pieces of warm clothes among cold-hit people across the country this year. As part of the initiative, Chapainawabganj branch of the bank distributed warm clothes among local…
Remittance inflow US$ 6,788.57mn in 6 months
The remittance inflow in the country over the first half of the current fiscal (2013-14) from July to December last stood at US$ 6,788.57 million, according to the latest statistics released by the central bank on Thursday.
Fog halts Maowa-Kewrakandi ferry operation for 5 hrs
Ferry plying on the Maowa-Kewrakandi river route remained suspended for five hours till Thursday morning due to dense fog.
Banks to remain closed in 59 dists Sunday
Bangladesh Bank has issued a circular directing all the scheduled banks in 59 districts to keep their branches closed on Sunday on the occasion of the 10th national election being boycotted by the main opposition BNP and its allies. However,…
DSE, CSE start year’s session with gain
Share price index at the country’s twin bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –registered gain on the first day of the new year on Wednesday, despite political turmoil across the country over the January 5…
Robi gets new CEO
Private mobile phone operator Robi Axiata Limited (Robi) got its new Chief Executive Officer (CEO) as Supun Weerasinghe joined the post on Wednesday. Supun Weerasinghe replaced outgoing Robi CEO Michael Kuehner, who has retired from full time corporate life. Michael…
Mawa-Kawrakandi ferry service resumes
Ferry services on Mawa-Kawrakandi route resumed after 3.30 hours of disruption due to heavy fog over the River Padma at 9.30 am this morning.
Fog halts Maowa-Kewrakandi ferry operation for 9 hrs
Ferry plying on the Maowa-Kewrakandi river route remained suspended for over nine hours till Tuesday morning due to dense fog.
BB extends deadline for exposure limit
Bangladesh Bank (BB), on Monday extended the deadline by one year more for adjustment of ‘single borrower exposure limit’ by the commercial banks for financing the operations of their brokerage houses and merchant banks.
Fog halts Maowa-Kewrakandi ferry plying for 8 hrs
Ferry movement on the Maowa-Kewrakandi river route remained suspended for over eight hours till Monday morning due to dense fog.
IBBL donates 9000 blankets for cold-hit people
Islami Bank Bangladesh Ltd (IBBL) has provided 9000 blankets to Bangladesh Bank for distributing those among the cold-hit people across the country.
Unnayan Onneshan projects lower GDP growth of 6 pc
Unnayan Onneshan, an independent multidisciplinary think-tank, projected that the real rate of growth in GDP in the current fiscal year may decline to 5.65 percent against the government’s target of 7.2 percent. The research organisation’s half-yearly assessment of the economy,…
Mawa-Kawrakandi ferry link resumes after ten hours
Ferry services on the Mawa-Kawrakandi route resumed at 8am on Saturday morning after remaining suspended for around ten hours due to thick fog.
Paturia-Daulatdia ferry link restored after 11 hrs
Ferry operation on the Paturia-Daulatdia route resumed on Saturday morning after a suspension for 11 hours due to poor visibility caused by dense fog.
Barisal buses, ferries halted
Bus and launch services from Barisal to Dhaka have come to a halt amid tension ahead of BNP-led 18-party alliance’s march to Dhaka on Dec 29 and its rally in the capital. Buses from various other districts in the Khulna…
Poultry farm owners demand uninterrupted transportation
Poultry farm owners on Thursday staged a unique protest here – giving away nearly 25,000 day-old chicks to bystanders – demanding that the transportation and supply of poultry-related products like meat, feed, medicine, chicks, eggs and machineries be left out…
Tree felling costs country Tk 100bn: Poba
The country has suffered a loss of over Tk 100 billion due to the ongoing rampant felling of trees by political activists during blockade, shutdown and other agitation programmes, claimed green activists here on Thursday.
Pol unrest to take its toll ‘on ADP implementation’
Although implementation of the Annual Development Programme (ADP) got a major boost in the last fiscal year (2012-13) hitting 96 percent, its progress in the current fiscal year (2013-14) is likely to suffer a setback due to the ongoing political…
Boards as risk management bodies to oversee green baking
The Bangladesh Bank in a fresh circular issued on Tuesday asked all scheduled Bangladeshi banks to oversee their green banking activities through the board of directors performing as the risk management committee.