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Money laundering workshop at AIBL

A day-long workshop on “Money Laundering Prevention Act-2012 & Anti-Terrorism (Amendment) Act-2013” was held at Al-Arafah Islami Bank Training & Research Institute on 20 September, 2014. 20140920 - AIBL Training PressManaging Director Md. Habibur Rahman inaugurated the course as Chief Guest. Principal of the institute Md. Zahid Hasan presided over the ceremony while Executives from Head Office and selecyted Branch-Managers participated in the workshop.

DBBL acquires UnionPay card at its ATM and POS terminals        

Dutch-Bangla Bank (DBBL) has started acquiring of UnionPay card at its ATM and POS terminals. To introduce UnionPay card in Bangladesh, DBBL and UnionPay International (UPI) has jointly organized a merchant get-together at Cox’s Bazar on September 19, 2014. More than 250 merchants from all over the country joined the inauguration ceremony. Union Pay_Press releseMr. Roger LEE, Head of Member Service & Business Development Department, UPI Hong Kong Branch, Mr. Teng Wei Tat, Regional Marketing Manager (South East A...

Turkish Red Crescent Society signs deal with Bengal Meat

Country`s first international standard meat processing company Bengal Meat Processing Industries Ltd has signed an agreement today (September 21, 2014) with the Turkish Red Crescent Society Bangladesh. DSCF2365Mazharul Islam, Managing Director of Bengal Meat Processing Industries Ltd and Halim Sertac Acici, Head of Delegation of the Turkish Red Crescent Society in Bangladesh signed the agreement. Based on this agreement Turkish Red Crescent Society Bangladesh will distribute meat among the poor in the distant parts of the country during holy E...

Bitcoin Foundation Bangladesh suspends operations

The Bitcoin Foundation has issued a new statement suggesting that it is currently investigating whether bitcoin and digital currency transactions are now illegal in Bangladesh. However, citing general uncertainty surrounding this week’s statements from the Bangladesh Bank, the Bitcoin Foundation Bangladesh, the organisation’s first Asia-based affiliate, will suspend operations. BitcoinIn a post entitled “The Case for Bitcoin in Bangladesh“, executive director Jon Matonis suggested that the comments from the bank don’t read like other bitcoi...

India initiates work to link Northeast with Bangladesh port

India has taken the first steps to construct a Rs.70 crore ($11.5 million) bridge over the Feni river in Tripura to access Bangladeshi ports for transporting goods and heavy machinery from other parts of the country to the landlocked and mountainous northeast and to boost trade and tourism, officials said. “The Tripura government has asked a New Delhi-based private company to prepare the detailed project report (DPR). We expect that the DPR would be ready by December this year and the actual work to construct the bridge would start after that,” Tripura Public Works Department engineer-in-chief Sunil Bhowmik told IANS.
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