Prime Minister Sheikh Hasina on Wednesday witnessed the presentation on the master plans of three tourism parks to be developed in Cox’s Bazar district.
Category: Business
737 Max: Debris found in new planes’ fuel tanks
Boeing’s crisis-hit 737 Max jetliner faces a new potential safety issue as debris has been found in the fuel tanks of several new planes which in storage, awaiting delivery to airlines.
Islami Bank Central Hospital inaugurates NICU service
Islami Bank Central Hospital inaugurated Neonatal Intensive Care Unit (NICU) service. Yousif Abdullah Al-Rajhi, Vice Chairman of Islami Bank Bangladesh Limited and Islami Bank Foundation inaugurated the service on 17 February 2020 as chief guest at Islami Bank Central Hospital,…
Nepal to use Saidpur Airport; greater trade expected
Bangladesh has agreed to allow Nepal to use its Saidpur Airport as part of strengthening trade and connectivity between the two countries.
UK banks passed nearly 1mn mortgages in 2019, 7.4% over ‘18
Data gathered by Learnbonds.com indicates the United Kingdom’s high street banks approved 982,286 mortgages in 2019. This is an increase of 7.4% from 2018’s 909,597.
A meeting of the Board of Directors of IBBL was held
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 17 February 2020, Monday at Islami Bank Tower. Presided over by Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, the meeting was attended by…
Don’t switch to other countries: China tells BD businesses
Chinese Ambassador to Bangladesh Li Jiming on Monday urged Bangladeshi businesses not to switch over its supply chain to any other countries as an alternative to China in the wake of the coronavirus outbreak.
PM for boosting connectivity with neighbours
Dhaka, Feb 17 – Prime Minister Sheikh Hasina on Sunday put emphasis on strengthening connectivity with all neighbours for the sake of development of this region.
SC says it can’t be silent to irregularities in FIs, banks
Dhaka, Feb 16 – The Appellate Division of the Supreme Court on Sunday commented that it could not remain silent after seeing the massive irregularities in separate financial institutions including banks.
High Court for task forces to stop plying of unfit vehicles in BD
Dhaka, Feb 16 – In a major development, the High Court on Sunday directed the govt to form taskforces in all districts to stop unregistered and unfit vehicles from plying on roads across the country.
IBBL MD achieves `CEO of the Year’ Award
Md. Mahbub ul Alam, Managing Director and CEO of Islami Bank Bangladesh Limited achieved ‘CEO of the Year 2019’ award conferred by UK-based financial intelligence house Cambridge International Financial Advisory.
Tourists throng ‘Shimul Bagan’ in Sunamganj
Tourists thronged ‘Shimul Bagan’ in Tahirpur upazila to celebrate Pahela Falgun (first day of spring) and Valentine’s Day on Friday. ‘Shimul Bagan’, a garden of Shimul tree (scientific name Bombax ceiba), wore a festive look with the presence of hundreds…
IBBL Dhaka North & Sylhet Zone holds Agent Banking Conference
Islami Bank Bangladesh Limited, Dhaka North and Sylhet Zones organized Business Development Conference of Agent Banking and workshop on Prevention of Money Laundering and Combating Financing of Terrorism on 13 February 2020, Thursday at a local Convention Hall in Dhaka.…
112 UN listed companies in Israeli settlements have HR tones
GENEVA (12 February) – The UN Human Rights Office on Wednesday issued a report on business enterprises involved in certain activities relating to settlements in the Occupied Palestinian Territory, in response to a specific request by the UN Human Rights…
Embassy tells Bangladeshi businesses to have faith in China
China has called on Chittagong Customs to provide efficient customs clearance facilitation for imports from China and ensuring safety of export inspection and quarantine of goods to promote bilateral trade in this “emergency” period.
IBBL gets `Gold Remittance Award’ for highest collection
Islami Bank Bangladesh Limited has received `Gold Remittance Award 2020’ for collecting highest remittance in the year-2019 conferred by the Centre for NRB. Dr. A K Abdul Momen, MP, Foreign Affairs Minister and Dr. Mashiur Rahman, Economic Affairs Advisor to…
Ilyas Kanchan sues Shajahan Khan for Tk10 m defamation
Popular film actor and founder of Nirapad Sarak Chai movement Ilias Kanchan on Wednesday filed a Tk 100 crore defamation case against former shipping minister Shajahan Khan.
Limited liability is causing unlimited harm
The purpose of limited-liability protection was to encourage investment in corporations, yet it has evolved into a source of systemic market failure.
BD Road Transport Corpn shares to be put to share market
The ‘Bangladesh Road Transport Corporation Bill, 2020’ was passed in Parliament on Tuesday, paving the way for offloading 49 percent share of the corporation in the capital market.
IBBL Rangpur Zone holds Agent Banking Conference
Rangpur Zone of Islami Bank Bangladesh Limited organized a Business Development Conference of Agent Banking and workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” on 8 February 2020 Saturday at a local auditorium in Rangpur.
Coronavirus outbreak: Much of world’s factories still shut
The longer than expected shutdowns of Chinese factories because of the coronavirus outbreak are having a big impact on the world’s second largest economy and the global supply chain.
WB to support 1,200 women-owned businesses in Bangladesh
The World Bank Group together with WE Connect International on Sunday launched a project to help 1,200 women-owned businesses connect with potential large local and multinational corporate buyers.
Bicycle Lanes Move Everyone Forward
by Roberto Cláudio Rodrigues Bezerra FORTALEZA – The intersection of Avenida Leste Oeste and Avenida Pasteur in the Brazilian city of Fortaleza was always tricky to navigate by bicycle, especially heading east as three lanes of car traffic became two.…
Global tourism takes major hit as virus halts Chinese travel
This should have been a good year for global tourism, with trade tensions gradually easing, certain economies growing and banner events like the Summer Olympics taking place in Tokyo. But the viral outbreak in China has thrown the travel industry…
IBBL holds workshop on Rural Development Scheme
Islami Bank Bangladesh Limited organized a workshop titled as ‘Performance Evaluation and Strategies for Achieving Target’ at Islami Bank Tower on 5 February 2020, Wednesday.
Jessore florists in Bangladesh eye Tk 700m business
Flower farmers in Jashore’s Jhikargacha say they expect to sell flowers worth Tk 70-80 crore ahead of Pahela Falgun, Valentine’s Day and International Mother Language Day this month.
Fix your problems before govt starts taking action: Minister
Finance Minister AHM Mustafa Kamal on Thursday asked bank officials to fix their own problems before any tougher action starts coming from the higher level of the government.
Brexit uncertainty slows UK challenger bank lending to £115bn
The amount of cash UK challenger banks lent to small firms and consumers edged up last year, held back by ongoing Brexit uncertainty and an anaemic economy, according to information gathered by LearnBonds.
IBSL inaugurates Chattogram Branch
Chattogram Branch of Islami Bank Securities Limited was inaugurated at Islami Bank Bhaban, 3 Sheikh Mujib Road, Agrabad, Chattogram on 2 February 2020, Sunday. Professor Md. Nazmul Hassan, Ph.D, Chairman of Islami Bank Bangladesh Limited inaugurated the branch as Chief…
GP faces threat to be under administrator if not pays dues in time
Dhaka, Feb 04 – Chairman of the Bangladesh Telecommunication Regulatory Commission (BTRC) Md Jahurul Haque on Monday said they will appoint an administrator to mobile phone company Grameenphone if it fails to pay the dues by the stipulated time fixed…