Browse Month

April 2025

Banks’ profit eroded by bad loans

A Financial Stability Report for 2014 has been released by the Bangladesh Bank, the nation’s central bank, and a key outcome of it is that high non-performing loans (NPLs) eroded the earnings of banks last year. The report says that return on asset and return on equity, the two major indicators used to measure a bank’s profitability, decreased by 20 and 260 basis points to 0.7 and 8.1 percent respectively from a year ago. The rise in NPLs last year forced banks to set aside a major portion of their profits for bb-logoprovisioning, the Daily Star quot...

Only 100 tigers survive in Sundarbans

Only some 100 tigers currently roam the Sundarbans forests of Bangladesh, a new survey has discovered, indicating far fewer big cats than previously thought in one of their largest global habitats. tigerThe yearlong survey that ended in April was based on footage from hidden cameras and found the true number of tigers to be between 83 and 130, Agence France-Presse reported. “So plus or minus we have around 106 tigers in our parts of the Sundarbans,” Tapan Kumar Dey, the Bangladesh government’s wildlife conservator, told AFP. “It’s a more accurate figure....

SJIBL 219th Board Meeting held

The 219th meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held at its Boardroom recently. The meeting was presided over by the Chairman of the Board of Directors Mr. A. K. Azad. 219 Board Meeting PhotoThe board approved a number of investment proposals and discussed various issues relating to policy matters of the Bank. Among others, Vice-Chairmen of the Board Alhaj Mohammad Younus and Alhaj Md. Abdul Barek,  Directors Alhaj Akkasuddin Mollah, Alhaj Engineer Md. Towhidur Rahman,  Alhaj Md...

edotco Group CEO arrives in city

Group CEO (Chief Executive Officer) of edotco, Suresh Sidhu will arrive in the Dhaka from Kualalumpur, Malaysia on Tuesday 28th July 2015 for a two-day official visit. Suresh, who has been performing as the CEO of edotco Group since August 2014, is scheduled to have a number of key industry meetings as well as to give maximum support to local teams managing tower operations in this challenging period of severe flooding. suresh_mainPreviously, Suresh served as the Chief Corporate & Operations Officer of Celcom Axiata Berhad sinc...

Dettol Plaantik Fantasy League winner announced

After competing for a long and much awaited 9 months, Dettol Bangladesh in partnership with Plaantik is proud to present the first ever Champion of their first venture together in an online Fantasy Football Competition. _DSC0354The winner of the Dettol Bangladesh Plaantik Fantasy League 2014-15 is Farhad Hussain. After winning by one single point among 1000+ players, Farhad was presented the grand prize; a Playstation 4 console. The Prize Giving ceremony for the Dettol Bangladesh Plaantik Fantasy League 2014-15 was held recently at Reckitt Benckiser ...

MoU between ICAB, CPA Ireland

ICAB President Masih Malik Chowdhury FCA and Executive Director of CPA Ireland Eamonn Siggins on behalf of their respective Institute have signed a Memorandum of Understanding (MoU) in ICAB Council Hall on 26 July 2015. State Minister, Ministry of Finance and Ministry of Planning MA Mannan , MP graced the occasion as the Chief Guest. ICAB Council Member & Past Presidents Md. Syful Islam FCA, Md Abdus Salam FCA, Council Members Dewan Nurul Islam FCA, Md. Shahadat Hussain FCA, DSC_0384World Bank Management Specialist Suraiya Jannath FCA, CPA Ireland...
Verified by MonsterInsights