Dhaka, Jan 14 – Ferry services on the two key routes in Paturia-Daulatdia and Shimulia-Kathalbari in the Padma River remained suspended since early Sunday due to dense fog.
Category: Business
IBBL business development conference ends
Dhaka, 12 Jan – A two-day business development conference of Islami Bank Bangladesh Limited ended at Pan Pacific Sonargaon Hotel, Dhaka on Friday.
Mohammad Bhai passes away
Mr. Mohammad Bhai, a pioneer industrialist in Bangladesh breathed his last at his Gulshan residence on Tuesday 9th January. He was 92.
IBBL business development conference begins
Dhaka, 11 Jan – A two-day business development conference of Islami Bank Bangladesh Limited was began at Pan Pacific Sonargaon Hotel, Dhaka on January 11, 2018 Thursday.
SC withdraws bar on bank recruitment: Test Friday
Dhaka, 11 Jan – The Chamber Judge of the Appellate Division of the Supreme Court Syed Mahmud Hossain on Thursday stayed the order of the High Court that postponed recruitment tests of state-owned Sonali, Rupali and Janata banks and now…
Fog halts Manikganj-Pabna river ferry services
Dhaka, Jan 11 – Ferry services on the Paturia-Daulatdia route in the Padma River remained halted from early Thursday due to dense fog.
Dhaka needs to engage Delhi, Beijing on trade-investment
Dhaka, Jan 10 – Bangladesh needs to proactively engage the two economic powers – India and China – on trade and investment, said a leading economist on Wednesday.
Powers joins Etihad this month as CFO
Etihad Airways has hired former JetBlue executive Mark Powers as group chief financial officer, the Abu Dhabi-based carrier said on Tuesday. Long-serving Group CFO James Rigney left the troubled airline along with CEO James Hogan in July. Powers will join…
Tourism should be regulated, before it is too late…
By Roberto Savio Rome, Jan 8 (IPS) – This year, we will have 3 million tourists each day wandering the world. This massive phenomenon is without precedent in human history and is happening (as usual), with only one consideration in…
How low-income Bangladeshis use loans
By Stuart Rutherford Washington DC, Jan 8 (IPS) – Bangladeshis have a long tradition of borrowing from family, neighbors and other informal sources. Microfinance institutions (MFIs) have proliferated over the past three decades and offer a more formal loan service…
IBBL distributes blankets to cold-hit people in Dhaka
Dhaka, 09 Jan – Islami Bank Bangladesh Limited distributed blankets among the cold affected destitute people in Dhaka City. Md. Abdul Hamid Miah, Managing Director of the Bank distributed the blankets at the Bank’s Head Office on Tuesday.
Samsung’s profit jumps 64 percent to record high on chips
Seoul, Jan 9 (AP/UNB) — Samsung Electronics said its October-December operating profit jumped 64 percent to a record high, capping off 2017 with the biggest annual operating income and sales in its history thanks to the blockbuster semiconductor business.
IBBL internship progrmme inaugurated
Dhaka, 08 Jan – Arastoo Khan, Chairman of Islami Bank Bangladesh Limited inaugurated a two-month long internship program for the students of different public and private universities organized by Islami Bank Training & Research Academy (IBTRA) on 8 January 2017…
Govt decides to lift ban on Hilsha export
Fisheries and Livestock Minister Narayan Chandra Chanda today said the government has decided to lift the ban on hilsa export, slapped nearly six years ago, to check the smuggling of the national fish. “Our hilsa production is increasing gradually and…
Dubai’s RTA introduces second-hand car condition certificate
Dubai’s Roads and Transport Authority (RTA) has announced plans to improve the regulation of the country’s second-hand car market by introducing a condition certificate. The certificate will provide “important and historical” information about vehicles with the intention of preventing fraud…
Enough coins in circulation, says UAE central bank
The UAE’s Central Bank has said the country has sufficient small coins in circulation following concerns consumers were being overcharged for some products following the introduction of value added tax. Last week, the Department of Economic Development – Abu Dhabi…
Farewell to the ‘Queen of the Skies’- Boeing 747
Marana, Ariz. (CNN) — For the first time in 48 years, you can’t buy a ticket on a US airline to fly on a Boeing 747. On Wednesday, Delta Air Lines Flight 9771 touched down in Marana, Arizona, an arid…
Product Dev Competition finale at JU Monday
Savar, Dhaka 07 Jan – ‘Battle Royal, the final round of PRODEX 2017 –the product development competition—will be held on Jahangirnagar University (JU) campus on Monday.
HC halts recruitment rests of 3 state-owned banks
Dhaka, 07 Jan – The High Court Division of the Supreme Court on Sunday halted recruitment tests of three banks-Sonali, Rupali and Janata Bank, scheduled to be held on January 12. The court also issued a rule in this connection.
Bangladesh loses Tk 7b for illegal handset import
The government is losing around Taka 700 crore duties every year due to illegal import, mainly through luggage, of unauthorized mobile phone sets. “The government has been losing huge amount of duties due to the sale of unauthorized mobile sets…
Dubai extends New Year’s light show to March
Those that missed out on Dubai’s record-breaking New Year’s Eve light show now have a few extra weeks to see it. The seven-minute display, which was originally believed to be a one-off on the night of December 31-January 1, was…
All-weather road enables Afghans Valley people to flourish
The rehabilitation of the Parandi valley road in Panjshir Province encourages valley inhabitants to send their children to school, especially girls. Thanks to the support provided by the Afghanistan Rural Access Project, villagers can now take their childern by car…
Seven killed as bus overturns in Feni
Feni, Jan 6 – Seven people were killed and 30 others injured as a bus overturned after hitting a CNG-run auto-rickshaw at Amirgaon on Feni-Noakhali regional highway in Daganbhuiyan Upazila on Saturday evening.
IBBL distributes winter clothes in Munsinganj
Dhaka, 05 Jan – Islami Bank Bangladesh Limited distributed winter clothes at Mashurgaon Ferryghat of Sreenagar Thana of Munshiganj on Thursday 04 January.
Dhaka Trade Fair attracts huge holiday crowd
Dhaka International Trade Fair (DITF), 2018 witnessed a significant influx of visitors on Friday, the first weekend of the month-long trade fair at Sher-e Bangla Nagar in the capital. As city dwellers took the opportunity of the holiday to visit…
UAE consumers to pay 25pc more for some products
The introduction of value added tax on January 1 could mean UAE consumers pay 25 per cent more for some cheaper products, according to reports. The National cited the Department of Economic Development – Abu Dhabi as confirming that shops…
Trade multilateralism set back yet again
By Anis Chowdhury and Jomo Kwame Sundaram Sydney and Kuala Lumpur, Jan 3 (IPS) – As feared, the Eleventh Ministerial Conference (MC11) of the World Trade Organization (WTO) in Buenos Aires, Argentina, on 10-13 December 2017, ended in failure. It…
Seven bkash agents held for alleged illegal transaction
Dhaka, 03 Jan – The Crime Investigation department (CID) arrested seven bkash Agent for allegation of illegal transactions. CID said seven agents of bkash were arrested on Wednesday in several districts of the country. Eight money laundering cases were filed…
IBBL opens agent banking outlet at Patiya
Chittagong, 03 Jan – Islami Bank Bangladesh Limited inaugurated its agent banking outlet at Shantirhat of Patiya Upazila of Chittagong on Wednesday, 03 January 2018. Shamsul Hoque Chowdhury, MP of Chittagong-12 constituency inaugurated the outlet as chief guest.
Bangladesh Bank plans to reduce banks’ ADR limit
Dhaka, Jan 3, 2018 – The Bangladesh Bank (BB) is planning to reduce the limit of the Advance Deposit Ratio (ADR) of banks for avoiding their aggressive lending and ensuring quality investment for the country’s development.