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New rules for English medium schools

English medium schools in metropolitan areas cannot charge more than Tk 30,000 in admission fees and session fees. And Tk 3,000 is the maximum amount of monthly fees they can collect. These along with a set of new guidelines on admission procedures and fees in private English medium schools and colleges come in a new draft policy that Directorate of Secondary and Higher Education (DSHE) submitted to the High Court on Tuesday. english medium schollThe draft policy titled “Private English Medium School and College St...

India-Bangladesh need to harmonise rice-seed trade

India and Bangladesh need to harmonise their processes for seed certification – a move that can help galvanize bilateral trade and cooperation, boost the production of quality seeds of high-yielding rice varieties in both countries and lay a firm foundation to achieve food security and end hunger, says a paper by CUTS International. bd-indiaRice is the staple in large parts of India and all of Bangladesh, and an increase in productivity will be the key to poverty alleviation efforts. Already, there is widespread informal exchange and smuggling of seeds, ...

BB lifts agro-credit target to $ 2b

Bangladesh Bank has raised the farm credit disbursement target by around 7 percent to over 155.50 billion taka (about 2 billion U.S. dollars) for the current fiscal year 2014-15 (July 2014-June 2015) to support sharecroppers to augment domestic food production. bbBangladesh Bank (BB) Governor Atiur Rahman made the announcement at a press briefing here in Dhaka Monday and discussed farm-credit distribution guidelines. Credit disbursement to agriculture sector exceeded the annual target for 2013-14 fiscal with a growth of about 10 percent over the previous fiscal ye...

H2 fuel oil imports seen up 20 pct

Bangladesh Petroleum Corp (BPC) plans to import 20 percent more fuel oil in the second half of this year from the first to feed demand for power generation, a senior official from the company said on Tuesday. State-owned BPC will import about 420,000 tonnes of 180-cst high sulphur fuel oil (HSFO) in the second half, compared with 350,000 tonnes in the first half, he said. BPCA shortfall in natural gas supply has forced the South Asian country to turn to costly oil-fired power plants. Total fuel oil imports, however, will be higher as the government allowed ...

IBBL honours foreign exchange houses with Iftar

Islami Bank Bangladesh Limited (IBBL) organized an exchange of views and Ifter mahfil in honour of the representatives of foreign exchange houses’ liaison office in Bangladesh at a local hotel on Monday (21 July 2014). 01Mohammad Abdul Mannan, Managing Director of the Bank was present in the function as chief guest. Presided over by Md. Mahbub-ul-Alam, Deputy Managing Director and Head of International Banking Wing, the program was attended by, Kazi Kamrul Islam, Executive Vice President and Head of Foreign Operations Trade Division. The program w...

BA Express Inc inaugurates in USA

BA Express USA Inc, a subsidiary Exchange House of Bank Asia, started operation at Brooklyn of New York in the United States of America (USA) from yesterday (Monday, 21 July, 2014) to provide easy, convenient and cost-effective remittance solution to Bangladeshi community living there. OLYMPUS DIGITAL CAMERAMr. Md. Shameem Ahsan, Consulate General of Bangladesh in New York, USA was present as chief guest in the inaugural ceremony of new branch of BA Express at Brooklyn. Directors of Bank Asia Mr. Murshed Sultan Choudhury, Ms. S...
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