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April 2025

SK C&C completes construction of backbone networks

SK C&C unveiled on July 6 that it has successfully completed a project to establish Bangladesh’s national backbone network system, called an “Expressway for Informatization.” For two years and seven months since 2012, the company has implemented the project to connect 368 websites of the central government and public organizations through a single backbone network and control fiber-optic cable networks, transmission networks, and Internet networks across the country. Lee Soo-youngThe 32 billion won (US$29 million) project has now enab...

Bangladesh Consortium, IFC launch $ 50m credit facility

The Alliance for Bangladesh Worker Safety (Alliance) has brokered a first-of-its-kind agreement with the International Finance Corporation (IFC) to help suppliers finance factory repairs. Through the resulting credit facility, the IFC will provide USD $10 million each to five Bangladeshi banks—USD $50 million total—for affordable loans to factory owners making necessary safety repairs. rmg“We are pleased to join forces with the IFC to launch this initiative, which promises to provide much-needed support to factory owners, speed the process of implementing repairs and h...

BAFEDA, Bloomberg arrange training on technical analysis

Bangladesh Foreign Exchange Dealers Association(BAFEDA) and Bloomberg jointly organized a two-day long basic training on Technical Analysis on 28 and 29 June 2015. Executives and Officers from Bangladesh Bank, State owned Commercial Banks, Private Banks and Foreign Banks attended the course. 1The training program was inaugurated by Mr. Md. Ahsan Ullah, Executive Director of Bagladesh Bank. In his inaugural speech Executive Dircetor referred to gradual improvement of our economy and Foreign Exchange position. He mentioned the current Foreign Exchange Reserve and for...

BHBFC Board approves its annual audit report

The Board of Directors of Bangladesh House Building Finance Corporation (BHBFC) approved 2013-2014 Annual Audit Report of the organization on Tuesday (7th July-2015). BHBFC AuditChairman to the board of directors Sheikh Aminuddin Ahmed, along with other Directors and the Managing Director of BHBFC signed the report that shows 193.18 crore taka profit. According to the report BHBFC sanctioned and disbursed 285.18 & 388.90 crore taka respectively in the financial year 2013-2014. In this year the corporation recovered 459.18 crore taka. B...

IBBL Local Branch holds Ramadan discussion

Islami Bank Bangladesh Limited (IBBL) Local Office organised a discussion on ‘Role of Mahe Ramadan in purifying wealth and soul’ at BCIC auditorium on 6 July 2015. iftar--06-07Muhammad Abul Bashar, Deputy Managing Director of the Bank addressed the program as chief guest while Md. Habibur Rahman Bhuiyan FCA and Md. Shamsuzzaman, Deputy Managing Directors were present. Md. Shafiqur Rahman, Executive Vice President and head of the Branch chaired the program. Dr. Hasan Mohammad Moinuddin, member, shariah supervisory committee of the bank present...

Robi brings new postpaid acquisition pack

Robi has recently launched a new postpaid acquisition pack. With attractive features, this postpaid pack is designed to meet the changing need of the customers. Anyone can get the new Robi Postpaid pack with free connection. But the customer needs to make a security deposit of BDT 500 which will allow him usage exposure worth BDT500 (re-fundable). Also customers will enjoy lowest flat rate of 10p/10sec to any operator’s number (24hrs.) & 35p/SMS to any local operator & 50p/MB PPU internet charge by default. There is no line rent with this pack. robi-1-300x215
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