Members of Border Guard Bangladesh (BGB) in a drive seized 378 kilograms of hilsa fish worth Tk3.78 lakh from Bhomra border in Sadar upazila of the district early Wednesday.
Category: Business
WB’s decision to cancel Padma loan was wrong: Muhith
Finance Minister AMA Muhith, in his letter to chief of external panel of experts for the Padma Bridge Project Luis Moreno Ocampo, has said the World Bank on June 29 last year took a wrong, unnecessary and uncalled for decision…
Stock gains at both bourses
Share prices at the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — witnessed gain at opening on Sunday, the first trading day of the week.
‘Bank Company (Amendment) Bill, 2013’ passed
Parliament on Sunday passed a bill, titled the ‘Bank Company (Amendment) Bill, 2013’, seeking to strengthen the country’s banking system by reforming the existing laws.
Fakruddin Restaurant offers delicious Iftar items
Fakruddin Restaurant has offered various kinds of Iftar delicious menus on the occasion of the sacred month of Ramadan.
IBBL Sr Vice President killed in accident
Md. Shah Alam, Senior Vice President and incumbent, Narayanganj Branch of Islami Bank Bangladesh Limited died of a fatal road accident at Panchchar of Shibchar of Dhaka-Barisal Highway at around 3.00 pm on Saturday, July 13. He was 49.
“East Way Fashion House” 9th branch open at Bonoshree
East Way Fashion House, which is set out with the slogan of “ the former speech in fashion” , inaugurated its 9th branch on the 10th July, 2013, Wednesday, at Banoshri in Dhaka. Alhaz Nasim Ahmed Babu, Director of East…
AIBL Workshop on RMG Industries Financing held
A day-long Workshop on ‘Readymade Garments (RMG) Industries Financing in AIBL’ held at Al-Arafah Islami Bank Training & Research Academy on 13 July, 2013. Managing Director of the Bank Mr. Md. Habibur Rahman was present as Chief Guest and inaugurated…
Central bank’s record dollar purchase
Bangladesh Bank has purchased a record amount of dollar from the market, highest in recent times, to keep exchange rates stable.
Oil falls below $105 after IEA forecast
The price of oil fell slightly Friday, extending losses below $105 a barrel after a report from the International Energy Agency said supplies would exceed an expected rise in demand next year.
Xpress Offers Ramadan special lowest fee to remit money
Dhaka – With the start of the holy month of Ramadan, Xpress Money, the world’s most dependable money transfer brand, announced a ‘Ramadan Special’ discounted rate of One OMR for remittance transactions to Bangladesh.
GP launches m-Centrex to upgrade BR telecom system
Dhaka – Grameenphone Limited, the leading telecommunications service provider in the country, formally launched m- Centrex for Bangladesh Railway aiming to upgrade the telecommunication system of Bangladesh Railway by transforming the copper based system into fiber/IP system.
IBBL workshop on investement held
Islami Bank Training and Research Academy (IBTRA) organised a day long workshop on ‘Processing of Investment Proposal and Induction of Investment Clients’ for investment officials of Islami Bank Bangladesh Limited at Mohammad Younus Auditorium of Islami Bank Tower on Wednesday.
Commercial plots for Rajshahi’s women entrepreneurs
Women entrepreneurs of Rajshahi will be allotted commercial plots within next one month for setting up silk and boutique industries there.
StanChart with BRAC, Women Win to launch Goal
Women’s empowerment is central to the values of Standard Chartered Bank and critical to economic development. Women represent a large customer and talent segment for the business and will drive economic growth in Bangladesh in the future.
Successful 5 yrs of United Airways
United Airways, country’s first-ever public limited company in the aviation sector, stepped in six years of its service on Wednesday which operated 38,000 flights and carried 14 lakh passengers and 2,800 tonnes of cargo to various destinations.
Oil price reaches at $105: US report
Oil rose to near $105 a barrel Wednesday, driven by speculation that U.S. crude stockpiles fell last week in a sign of higher demand.
Automobile production set new record in 2012
Washington, DC – World auto production set yet another record in 2012 and may rise even higher during 2013. According to London-based IHS Automotive, passenger-car production rose from 62.6 million in 2011 to 66.7 million in 2012, and it may…
Aarong opens sales centre marking holy Ramadan in Barisal
Aarong, a leading fashion and lifestyle brand in the country, opened its first discount sales center on occasion of holy Ramadan in Barisal at the basement of K Jahan Center on Sadar Road area of the city center Tuesday.
Cardamom being cultivated commercially in Benapole
Commercial cultivation of cardamom has begun in Benapole stirring interests of many even at the research level.
Fazli mango market hum with high sales in Rajshahi
With onrush of huge sellers and purchasers the market of fazli, king of mango, has gained momentum in Rajshahi and Chapainawabganj districts, famous for mango production, on the last leg of the mango season.
IMF lowers US and global economic growth forecasts
Don Lee and Jim Puzzanghera
Bangladesh fails export target in FY 13
Bangladesh failed to achieve its export target for last fiscal year (2012-13) having a shortfall of US$ 981.74 million although the export earnings witnessed 11.18 percent growth over the previous fiscal (2011-12).
US$ 14.46bn remittance inflow eyed this fiscal
The country’s remittance inflow in the immediate past fiscal year stood at US$ 14.46 billion, up by 12.59 percent compared to its preceding fiscal.
Bangladesh, Belarus sign 8 MoUs
Bangladesh and Belarus on Tuesday signed eight instruments, including two agreements and four Memorandum of Understanding (MoUs), aiming to strengthen economic and cultural relations between the two countries.
Women entrepreneurship stressed for empowerment
Participants at the first annual conference of District Women Business Forum Barisal unit Monday stressed on expansion of women entrepreneurship for women empowerment and national development.
TCB items not stored properly, complain customers
Low quality of imported goods, a small profit margin and high costs of transportation are discouraging dealers from doing business with the Trading Corporation of Bangladesh (TCB) in Sylhet.
IBBL opens 278th branch at Sonaimuri
Islami Bank Banglesh Limited inaugurated its 278th Branch on Tuesday, July 9, 2013 at Sahida Sattar Complex, Sonaimuri, Noakhali. Engr. Md. Eskander Ali Khan, Chairman, Executive Committee of Islami Bank Bangladesh Limited inaugurated the Branch as Chief Guest.
EU reassures BD to help improve labour conditions
The European Union (EU) on Monday reassured Bangladesh of remaining engaged in improving the labour conditions in Bangladesh.
DCCI seeks Turkish investment
Dhaka Chamber of Commerce and Industry (DCCI) on Monday urged the Turkish entrepreneurs to invest in the prospective sectors of Bangladesh including renewable energy, wind energy, infrastructure, tourism and pharmaceuticals.