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April 2025

ICAB, CPA Ireland sign MoU

The Institute of Chartered Accountants of Bangladesh (ICAB) and the Institute of Certified Public Accountants in Ireland (CPA Ireland) have signed a Memorandum of Understanding (MOU) to establish a partnership relating to the distribution of the unique online CPA Certificate in IPSAS™ Financial Reporting in Bangladesh. This agreement builds on a strategic partnership, which includes mutual pathways to membership, signed between the two bodies in 2012. This agreement was signed during a high level conference on International Public Sector Accounting Standards which was organised in Dhaka by ICAB and delivered by CPA Ireland in July 2015.

72 including Thai army officer charged for human trafficking

Thailand, a notorious human trafficking hub, said it would indict 72 people including a senior army officer for engaging in the illegal trade of helpless migrants. [caption id="attachment_18411" align="alignright" width="612"]migrants Rohingya and Bangladeshi migrants rescued from Thai jungle. File photo[/caption] A major people-smuggling trade unraveled in May when thousands of Bangladeshi and Rohingya (deemed by Myanmar to be illegals from Bangladesh) migrants were abandoned at sea and in jungle camps by traffickers following a Thai crackdown. The crisis...

Homeless child inspired him to help hundreds

It was a day playing with plastic bottles that changed Korvi Rakshand’s life. Named one of 10 inspirational Bangladeshis last year, Rakshand was born to a wealthy family. But he turned his back on money and for the past eight years has been running an NGO in one of Dhaka’s biggest slums. [caption id="attachment_18406" align="alignright" width="612"]jago foundation Korvi Rakshand (fourth from left) with the first class of children taught at his school. Photograph: Jaago Foundation[/caption] He talks freely about the moment that changed everything...

Governance, risk & compliance of insurance industry

Research and Markets has announced the addition of the “Governance, Risk and Compliance - The Bangladeshi Insurance Industry” report to their offering. ‘Governance, Risk and Compliance - The Bangladeshi Insurance Industry report is the result of extensive research into the insurance regulatory framework in Bangladesh. It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report bd insurancespecifies various requirements for ...

Aggreko to miss market expectations on Bangladesh

Aggreko PLC Friday said that trading terms for gas contract extensions in Bangladesh are likely to be less favourable than its earlier expectations. The company said it now expects its 2015 interim and full year results to fall short of current market expectations, citing a further slowdown in its North American oil and gas related business and “ongoing security challenges” in Yemen. [caption id="attachment_18398" align="alignright" width="620"]David Cameron, the UK Prime Minister speaks to workers during his visit to an Aggreko factory, Dumbarton recently. David ...

Mobile phones to move money

Bangladesh, home to the world’s second-largest mobile money company, is moving to consolidate the industry as it expands financial services to the rural poor. The central bank has proposed channeling all mobile transactions through bank-led companies with a minimum capital of 1 billion taka ($13 million), said Bangladesh Bank Governor Atiur Rahman. This would force smaller providers to merge and link up with banks. mobile-money“There are a lot of entrepreneurs who could never be reached by conventional banks,” Rahman said in an interview in...
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