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Xurpas eyes expansion in Indonesia, Bangladesh, Thailand

Technology company Xurpas is setting its sights on expanding in Indonesia, Bangladesh and Thailand. Xurpas, which listed its shares at the Philippine Stock Exchange (PSE) on Tuesday, raised P1.36 billion from its initial public offering. Its shares soared nearly 50 percent from its IPO price. xurpasXurpas creates mobile content and services, such as online casual games, for the country’s top telecommunications companies such as Globe and Smart. Xurpas president Nix Nolledo said the company considers Indonesia, Bangladesh and Thailand as its...

Malaysian firms bag RM11b jobs in Bangladesh

After India, Malaysian infrastructure companies are drilling their way into Bangladesh, yet another upcoming South Asian market, with almost RM11 billion worth of projects secured to-date. BD-MalThe Special Envoy for Infrastructure to India and South Asia Datuk Seri S.Samy Vellu said among the projects were the RM6 billion 1,320 MW power plant in Cox’s Bazar, RM2.3 billion apartment project in Dhaka, the supply of 400 passenger coaches for the Bangladesh Railways worth RM700 million and a RM1.5 billion crude handling facilities project worth RM1.5 billion. ...

New Islami Bank Branch at Mirzapur

Islami Bank Bangladesh Limited opened Mirzapur Branch at Mirzapur Bazar, Tangail on December 1, 2014 as its 291st Branch. Md. Akabbar Hossain, MP and Chairman, Standing committee for Ministry of Road Transport and Bridges inaugurated the Branch as chief guest. Press releasePresided over by Mohammad Abdul Mannan, Managing Director of the Bank, the program was addressed by Muhammad Abul Bashar, Deputy Managing Director, Md. Motiar Rahman, Executive Vice President and Head of Mymenshing Zone, Sal...

AIBL signs re-financing agreement with BB

Al-Arafah Islami Bank Ltd (AIBL) has signed a re-financing agreement with Bangladesh Bank (BB) to provide SME and other small investment schemes. On 2 December, Managing Director of Al-Arafah Islami Bank Ltd. 20141202 - BB ReFinancing AgreementMd. Habibur Rahman and General Manager of SME & Special Programs Department, Bangladesh Bank Md. Masum Patwary signed on the agreement while Deputy Governor Md. Abul Quasem was present as Chief Guest. Among others, Executive Vice President of AIBL...

Airtel launches 3G services in Habiganj

Airtel Bangladesh Limited, the fastest growing telecom operator in Bangladesh, has launched its 3G services in Habiganj with a colorful festive rally within the areas of the city yesterday. M KhourshedAlam, Zonal Business Manager, North East Zone, Sunny Kenneth Palmer, Zonal Sales Manager, Asadulla Ibna Karim and Md. Ariful Alam, Territory Managers of Habiganj and other officials of Airtel Bangladesh Limited were present at the official inauguration of the 3G launch. Airtel 3G HabiganjAirtel thrives to deliver best in c...

Dhaka Bank Branchat Chatmohor, Pabna

Dhaka Bank Limited formally inaugurated Chatmohor Branch at Pabna on December 02, 2014 in a befitting manner. PhotoIt is the 76th Branch of the Bank. Mr. Abdul Hai Sarker, Chairman of Dhaka Bank Limited inaugurated this Branch. Director & Former Chairman Mr. Altaf Hossain Sarker and Former Director Mr. Khondoker Md. Shahjahan were also present in the event. Managing Director of the Bank Mr. Niaz Habib along with other officials of Head Office, Local Representatives of Chatmohor Business community and other distinguished guests were present i...
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