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18th SAARC summit: Dhaka to focus on connectivity

Dhaka will place special emphasis on cooperation in areas like connectivity improvement, poverty alleviation and antiterrorism during the upcoming eighteenth summit of the South Asian Association for Regional Cooperation (SAARC) to be held in Kathmandu, Nepal on November 26-27, Foreign Minister Abul Hassan Mahmood Ali said yesterday at the ministry. The other areas of cooperation that Bangladesh will highlight are food security, youth development, climate change, science and technology, education, SAFTA and service sectors and women empowerment, he told a press conference organised to brief journalists about Bangladesh’s participation in the summit. “We will discuss progress and prospect, but the special emphasis will be given on the issues mentioned,” he added.

RTGS system by Sept 2015

The Bangladesh Bank (BB) signed a deal with Sweden-based CMA Small Systems AB Thursday to introduce a Real Time Gross Settlement (RTGS) system by the end of September 2015. "We're going to improve the high-value time critical payments in the country introducing the RTGS system," said BB Governor Atiur Rahman. bbDr. Rahman was addressing the signing ceremony as the chief guest at the central bank headquarters in the capital Dhaka. The central bank chief said the system will accommodate local currency transactions, government security transactions and domestic fo...

Floating gardens to prevent the effects of climate change

Each year the brown waters of the Gumani river swell during the summer monsoon, creeping over the surrounding fields to flood Charbhangura, a village of 2,500 people in the Pabna district of northwest Bangladesh. From July to October the waters can rise at least 10 feet. The trunks of trees more than 30 feet away from the dry season riverbed show watermarks waist high. When the fields flood, the village’s farmers have no work. “There is water all around,” said Hafiza Khatun, 25, a mother of two whose family income used to vanish for six months of the year when her farm laborer husband had nothing to do. “There was no happiness.”

Ultramodern PBL Disaster Recovery Center opens

Pubali Bank Limited (PBL) is running online banking service in all of its 427 branches by using Real-time Centralized Online Banking Software invented by its own human resources. It is the largest online banking network in the private sector of Bangladesh. Continuing to this and to provide modern and safe banking service, Pubali Bank has inaugurated Disaster Recovery Center. Hafiz Ahmed Disaster Recovery centerMazumder,Chairman, Board of Directors of Pubali Bank Ltd. was present as Chief Guest. Director of the ...

AIBL discussion meet at Progati Sharani

Al-Arafah Islami Bank Limited (AIBL), Progati Sharani Branch arranged a “Dua and Discussion” program on 17 November in the memory of its former manager of the Branch, Late Md. Mosharof Hossain. 20141118 - AIBL Dua ProgotiDirector of the Bank Abdul Malek Mollah and Managing Director Md. Habibur Rahman were present as guests in the occasion. New manager of the branch Md. Mustafizur Rahman presided over the meeting. Among others, Executive Vice President Muhammad Mahmoodul Haque and Senior Vice President &...

More education, health investment to boost Bangladesh development

The United Nations Population Fund has called on Bangladesh and other developing nations to make more investment at their earliest for quality education and health services to their young population to bolster socioeconomic development processes.
The agency said on Tuesday that 47.6 million of the total 158.5 million Bangladesh people are now young (10-24 years), reported Xinhua. bangladeshIn its State of World Population 2014 report, the agency said that globally one in three girls in developing countries ...
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