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August 2023

Maternal deaths decline sharply in Bangladesh

Experts are struggling to explain what has been called the “Bangladesh paradox” after the developing nation reached a milestone in the battle to reduce the number of women dying during childbirth, but failing to score well in other development indices. It has become one of only a handful of countries to achieve one of the United Nations’ key development targets by sharply decreasing its maternal mortality ratio (MMR), the number of mothers who die per 100,000 live births. [caption id="attachment_9532" align="alignleft" width="300"]maternal death

Too soon to celebrate TNB’s Bangladesh job

MIDF Research is positive on Tenaga Nasional Bhd’s (TNB) plans to develop a 1,320MW coal-fired power plant in Bangladesh but cautioned that the project could see further delay. TNBIt noted that the project has been in the pipeline since 2012 when TNB was picked to partner Bangladesh Power Development Board (BPDB) to build the power plant in Cox’s Bazar, Bangladesh. Back in 2012, TNB and BPDB proposed to build the plant on a 50:50 basis at a cost of US$2.5 billion (RM7.525 billion) but the project has not taken off since. “On this note, we do not rule out th...

IBBL Waqf Account for aiding hapless people

Cash Waqf Deposit is welfare oriented product of Islamic Banks to provide a unique opportunity for making investment in different welfare, educational and social services. ‘Mudaraba Waqf Cash Deposit Account’ (MWCDA) of Islami Bank Bangladesh Limited (IBBL) is also a welfare product for aiding the destitute and hapless people in the society. IBBL logoWaqf, a perpetual endowment, by the well-off and the rich people of the society and the income generated from waqf may be spent for different benevolent purposes. Objectives of this deposit is to assis...

Bank Asia opens branch at Fatulla, Narayangonj

The 89th Branch of Bank Asia started operation at Fatulla of Narayangonj from today (Thursday, 25 Sept, 2014). Fatulla-PressPresident & Managing Director of the Bank Mr. Md. Mehmood Husain inaugurated the new branch. Additional Managing Director Mr. Aminul Islam, CFO & EVP Mr. Imran Ahmed and local Union Parishad Chairman Mr. Lutfor Rahman Swapan were present. Officials of Bank Asia, members of the business community, local elite and a large number of people also attended the auspicious event. The new branch has...

UCB opens branch at Dakshin Khan in city

The 140th Branch of United Commercial Bank Limited (UCB) was opened at Dakshin Khan, Dhaka on 25 September, 2014. Mr. M A Hashem; Chairman of United Commercial Bank Limited inaugurated the branch as Chief Guest. Mr. Muhammed Ali, Managing Director of UCB was present at the Branch opening ceremony as Special Guest. IMG_1983 Among others Additional Managing Director Mr. Mirza Mahmud Rafiqur Rahman along with other senior officials of United Commercial Bank Limited were present at the Branch opening ceremony. Moreover local distingu...

BWCCI receives CACCI Special Recognition Award

Bangladesh Women Chamber of Commerce and Industry (BWCCI) has received an international award in recognition of its extraordinary efforts in promoting the development of women entrepreneurship in Bangladesh and in enhancing the status of women as important contributors to the local economy and the society in general. Photo_BWCCI President receiving the special awardThis ‘Special Recognition Award’ was given to BWCCI by the Confederation of Asia-Pacific Chambers o...