The European Central Bank (ECB) is under pressure to follow the US Federal Reserve and cut interest rates when it meets on Thursday, economists said.
Category: Business
‘Quality, compliance factors boosts Bangladesh exports to US’
DHAKA, March 7, 2020 (BSS) – The top US trade official for South and Central Asia has said Bangladeshi readymade garments (RMG) in the United States expanded their market in recent years, attributing the development to improved product quality and…
US for greater collaboration among RMG stakeholders in BD
The United States has urged Bangladesh to increase collaboration with private and civil sector stakeholders in its readymade garment industry.
Developing countries spurn US proposal on differentiation
Geneva, 4 Mar (D. Ravi Kanth) — India, South Africa, China, and several other countries have spurned the controversial proposal from the United States to bring about differentiation for availing of special and differential treatment (S&DT) among developing countries in…
Tk 200 notes from March 18 marking ‘Mujib Year’
DHAKA – Bangladesh Bank (BB) is going to issue regular currency notes and commemorative notes of Taka 200 from March 18 marking the birth centenary celebration of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Besides, the central bank will…
Islami Bank receives prize for Excellence in Stall Design at US trade show
Islami Bank Bangladesh Limited has received prize for “Excellence in Stall Design” at the US Trade Show-2020 organized by the American Chamber of Commerce in Bangladesh. Md. Mahbub ul Alam, Managing Director and CEO, Md. Omar Faruk Khan, Additional Managing…
Agri Ministry against onion import during full harvest time
Dhaka, March 04 – The Agriculture Ministry wants to stop importing onion from abroad during full onion harvesting season to ensure a fair price for the marginal farmers in the country.
‘Free Heart and Health Camp’ was held in Patiya, Chattogram
“Free Heart and Health Camp, Patiya Organizing Committee” in cooperation with Islami Bank Hospital, Agrabad, Chattogram organized ‘Free Heart and Health Camp” in patiya Chattgram recently. Dr. Tanveer Ahmad, Director of Islami Bank Bangladesh Limited and Chairman, Executive Committee of…
Islami Bank receives prize for Excellence in Stall Design at US trade show
DISCLAIMER:- Islami Bank Bangladesh Limited: This e-mail including any attachment with it may contain privileged, proprietary & confidential information and is intended solely for the addressee. If you are not the intended recipient of this e-mail, you are hereby notified…
PM for research to boost SME sector
Prime Minister Sheikh Hasina on Wednesday put immense importance to research on demand, production and marketing to flourish small and medium enterprises (SMEs) of the country.
Body of domestic tourist girl recovered from Kuakata hotel
Dhaka, March 03 – Police recovered the body of a tourist named Ishita, 19 from a residential hotel ‘Holiday Inn.’ in Kuakata, Patuakhali. The body of the tourist was recovered from the hotel’s room number 108 around 8 am on…
IBBL along with 5 banks hold Digital Banking Fair 2020 at Cox’s Bazar
Islami Bank Bangladesh Limited along with five banks jointly organized Digital Banking Fair on 29 February 2020, Saturday at the Shahid Daulat Maidan of Cox’s Bazar Public Library. Mohammed Monirul Moula, Additional Managing Director of IBBL inaugurated the daylong fair…
Avoid foreign trips, if not urgent: Health Minister
Health Minister Zahid Malik on Tuesday suggested people not to make unnecessary foreign trips as deadly novel coronavirus (COVID-19) has spread to 60 countries across the globe.
India to lift onion export ban on March 15
Dhaka, March 03 – The Indian government is going to lift its ban on onion export on March 15, its Commerce and Industry Minister Piyush Goyal said Monday.
IBBL Shari`ah Supervisory Committee meeting held
A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on 2 March 2020, Monday at Islami Bank Tower. Sheikh Moulana Mohammad Qutubuddin, Chairman of the Committee presided over the meeting. Md. Mahbub ul Alam, Managing…
Perilous Bangladesh Roads: 534 lose lives in Feb alone
At least 534 people were killed and 1,169 others injured in 504 road crashes in February last, said Bangladesh Jatri Kalyan Samity, a passengers’ welfare platform.
Onion prices coming down at the pace it went up last year
Dhaka, March 01 – The way prices of onion had shot up at the good part of last year, the same way its prices now are getting cheaper since last week, according to the traders.
Islamic Banks organise Digital Banking Fair 2020 in Ctg
To popularize the digital banking products Islami Bank Bangladesh Limited, First Security Islami Bank Ltd., Social Islami Bank Limited, Union Bank Limited and NRB Global Bank Limited jointly organized Digital Banking Fair 2020 at Chittagong Club in Chattogram city on…
Onion prices coming down at land ports wholesaler markets
The prices of onion have started falling in wholesale markets in Hili land port after India decided to withdraw its ban to export the bulb to Bangladesh.
Automate insurance services, restore people’s trust: PM
Prime Minister Sheikh Hasina on Sunday directed the authorities concerned to bring insurance activities under technology based automation system and settle insurance claims of clients quickly to restore the people’s faith in the sector.
Dhaka’s kitchen markets see substantial fall in onion prices
Dhaka, March 01- The prices of onion have marked a substantial fall in Dhaka’s kitchen markets after India decided to lift the ban on its export after about six months. According to traders, the prices fell by as much as…
Amari Dhaka to celebrate Woman’s Day on March 8
Dhaka, February 2020 – On March 8, to recognize women and their achievements, Amari Dhaka will celebrate women in all spheres of life on International Women’s Day 2020 with different offers and Amari aims to attract passionate individuals to explore…
General meeting of central sharia board held in city
The 40th general meeting of Central Sharia Board for Islamic Banks of Bangladesh (CSBIB) was held at the head office of Islami Bank Bangladesh Limited (IBBL) on Thursday. The meeting was presided over by Mufti Dr Muhammad Abdullah, Chairman of…
Apex BD chamber FBCCI welcomes lending rate cut
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Tuesday welcomed the move by the central bank to set a maximum 9 percent interest rate on all loan products except credit cards.
IBBL Business Development Conference held in Jessore
Islami Bank Bangladesh Limited Jashore Zone organized Business Development Conference at a local hotel of the city on 22 February 2020, Saturday.
Banking sector now hostage to a quarter: CPD
Dhaka, Feb 23 – Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr Debapriya Bhattacharya on Saturday alleged that the country’s banking sector is now hostage to a handful of individuals and organisations. He made the allegation while addressing…
Urban experts call flyovers an ‘irreparable damage’
Dhaka Feb 23 – Terming construction of flyovers in the city an ‘irreparable damage’ to the city, urban experts have called for taking pragmatic steps instead of spending huge money on such mega structures to improve the traffic situation.
Trade with China to become normal within 3 days: FBCCI
President of the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim on Saturday hoped that trade with China will become normal from Monday.
IBBL pays homage to Language Martyrs
Islami Bank Bangladesh Limited paid homage to the Language Martyrs by placing floral wreath at the Central Shaheed Minar on the first hour of the Ekushey.
Companies in Hubei not to resume business before March 10
Companies should not resume business before March 10 in central China’s Hubei Province, the center of the novel coronavirus outbreak, local authorities said Thursday.