By Martin Khor Penang, Malaysia, Mar 7 (IPS) – The new agreement that eleven countries are signing on 8 March in Chile in place of the Trans Pacific Partnership Agreement (TPP) is like old wine in a new bottle —…
Category: Business
Legal Africa-Asia wildlife trade gets a look in
By Willow Outhwaite Cambridge, UK, Mar 8 (IPS) – In recent years, the focus on wildlife trade between Africa and Asia has been almost exclusively on poaching of iconic mammals and the smuggling of their parts.
EU wants clarity on Trump tariffs exemption
The EU’s trade commissioner says there is “no immediate clarity” from the US on how the bloc can gain exemption from new tariffs on imported steel and aluminium imposed by President Trump. Cecilia Malmstrom met with the US Trade Representative…
PM off to Singapore on 4-day tour
Dhaka, Mar 11 – Prime Minister Sheikh Hasina on Sunday left Dhaka for Singapore on a four-day official visit at the invitation of her Singaporean counterpart Lee Hsien Loong.
‘Pharma Bro’ Shkreli sentenced to seven years
Martin Shkreli, the former drug firm executive found guilty of defrauding investors, has been sentenced to seven years in prison. The 34-year-old wept at a hearing as a federal court judge in Brooklyn, New York, handed down the prison term.…
Most UAE companies still dominated by men
Most UAE companies are still dominated by men, according to a new report by job site Monster. In a survey of 2,000 men and women carried out for International Women’s Day the company found that just over half of respondents…
Saudi motorists face fines in seat belt crackdown
Motorists in Saudi Arabia will be fined but not immediately jailed as the kingdom begins electronically monitoring traffic violations in some cities, the General Directorate of Public Security. The kingdom’s traffic authorities began automatically monitoring drivers for violations including use…
Careem to hire 20,000 female drivers
Dubai-based ride hailing service Careem has admitted a historic bias for attracting male drivers after announcing plans to recruit 20,000 women by 2020. The company said the ride-hailing industry, which includes international rival Uber, had addressed males only when it…
IBBL workshop at Khuna on money laundering prevention
Dhaka, March 7 – The Islami Bank Bangladesh Limited organized a day long training workshop on Prevention of Money Laundering and Terrorist Financing at the Khulna Zonal Office recently.
Outline of a new world currency system
The financial and economic crisis and the drastic situation in the Eurozone have shown the limitations of liberalised markets in ensuring – of their own accord – some sort of consistent order. For more than thirty years, our politicians have…
IBBL Dhaka North Zone Client get together held
Dhaka, March 6 – Islami Bank Bangladesh Limited Dhaka North Zone organized a client get together on the occasion of Cash Waqf Campaign at Nikunja Branch, Dhaka on Monday, 5 March 2018.
Making the business case for gender equality
Achim Steiner and Phumzile Mlambo-Ngcuka New York – Around the world, gender bias is attracting renewed attention. Through protest marches and viral social-media campaigns, women everywhere are demanding an end to sexual harassment, abuse, femicide, and inequality.
Private agencies announce Hajj pacakage of Taka 232000 each
STAFF REPORTER Dhaka,Mar 5 -The Hajj Agencies Association of Bangladesh (HAAB) Today announced the Hajj packages keeping minimum cost at Tk 332,868 per pilgrim those who wanted to perform Hajj this year.
IBBL pays homage to language martyrs
Dhaka – The 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.
US-Bangla flight makes emergency landing
A Jessore bound US-Bangla Airline’s aeroplane made a safe emergency landing in Dhaka due to signal imbalance after takeoff on Sunday morning.
Stocks open optimistic on both bourses
Dhaka, Mar 4 – The prices of most shares on both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed an upward trend in early hours of trading on Sunday as enthusiastic investors remain active.
Trump steps up war of words over trade tariffs
US President Donald Trump has stepped up his war of words over trade tariffs, threatening to “apply a tax” on imports of cars from the European Union. Mr Trump said other countries had taken advantage of the US for years…
Lowest fare for Australia?
Dhaka, 02 March – Asia’s largest budget airlines ‘Air Asia’ has announced its lowest fare for travel to Australia by Bangladeshi passengers. This fare will be applicable for Dhaka-Kulalumpure-Sydney and Dhaka-Kulalumpure- Melbourne rute. In this process Bangladeshi students and middle…
Natural gas prices in BD likely to be raised again
Dhaka,Mar 2-Bangladesh State Minister for Power, Energy and Mineral Resources Nasrul Hamid hinted at a possible rise on Friday. Bangladesh regulators are gearing up for another round of gas price hike after revising it last year as the country is…
Saudi developer to close Umm Al Qura merger this year
Jabal Omar Development Co., one of Saudi Arabia’s largest listed property developers, expects to finalise its merger deal with Umm Al Qura Development and Construction in 2018, a senior company executive told Reuters. The deal, announced in November, is key…
Tofail Ahmed, Bernicat visit IBBL stall at US Trade Show
Tofail Ahmed, MP, Commerce Minister of Bangladesh and Marcia Bernicat, Ambassador, Embassy of the US in Dhaka visited the stall of Islami Bank Bangladesh Limited at Pan Pacific Sonargaon on March 1, 2018 Thursday after inauguration of a three-day US…
Where our gold and diamonds come from
How many people know where their gold and diamond jewelry comes from?How many people consider the human cost of its production?Not many consumers ask these questions, and, shockingly, neither do many of the world’s leading jewelry brands.It’s a trend that…
US trade show begins in capital
A three-day trade show started today in the city to display product of American companies in Bangladesh as well as give a boost to the bilateral trade between the two countries.
Stock trading witnessed mixed trending on Thursday
The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw mixed trend in early hours of trading on Thursday as investors remain active on both sides of the trading session.
SC upholds NBR decision to freeze Robi accounts
Dhaka, Mar 1 – The Appellate Division on Thursday stayed for three days the High Court order that stayed the decision of the National Board of Revenue (NBR) to freeze all the bank accounts of mobile phone operator Robi on…
IBBL MD pays tribute to Bangabandhu at his Mazar
Dhaka, Feb 27 – Md. Mahbub ul Alam, the newly appointed Managing Director and CEO of Islami Bank Bangladesh Limited has paid tribute to the of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at his mazar at Tungipara recently.
BD Food inflation rises in 1st quarter of current FY: Muhith
Dhaka, Feb 26 – Finance Minister AMA Muhith on Monday admitted that the food inflation in the first quarter of the current fiscal (2017-18) increased but the non-food one marked a fall.
Food inflation rises in 1st quarter of current fiscal year
Finance Minister AMA Muhith on Monday admitted that the food inflation in the first quarter of the current fiscal (2017-18) increased but the non-food one marked a fall.
Riyadh to bar foreign workers from some sectors
Saudi Arabia has no intention of slowing down its plans to bar foreign workers from some roles, the kingdom’s labour minister has said. Ali Al-Ghafis made the remarks during a meeting with the heads of Saudi chambers of commerce and…
IBBL Board of Directors meeting held
Dhaka, 22 Feb – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on 22 February 2018 Thursday in Islami Bank Tower.