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Western Union service at NRB Bank

Mercantile Bank Limited has recently launched Western Union Money Transfer Services at all the branch outlets of NRB Bank Limited. An agreement has been signed in this regard between NRB Bank Ltd. and Mercantile Bank Limited. Mr. M Ehsanul Haque, Managing Director & CEO of Mercantile Bank Limited and Mr. Muklesur Rahman, Managing Director & CEO of NRB Bank Ltd. signed the agreement on behalf of their respective organizations. FinalBesides, Mr. Md. Abdul Jalil Chowdhury & Mr. Monindra Kumar Nath, Additional Managing Directors, Mr. Md. Qua...

BRAC Varsity students on industrial visit at Gzipur

A  group of students of BRAC Business School went to an industrial visit at DBL industrial park at Gazipur recently. They went this time through their upstream of the value chain, Matin spinning. This study tour was organized for the current students of Production-operation Management course under BBA program. A total of 36 students of this course visited this time and gained remarkable hands-on experience practically going through their operations. DSCN2844The visit was guided by the course faculty, Md. Tamzidul Islam from...

EIB to provide 100m Euro for water supply project

The European Investment Bank (EIB) has decided to lend Euro 100 million to the government of Bangladesh to finance a new sustainable surface water supply system in Dhaka. The financing contract was signed here on Monday. This is the second lending operation to the public sector in the country, the first one being the Euro 82 million in support of more efficient power generation was signed in November 2013. eibThe EIB is granting this loan under the current lending mandate for Asia and Latin America (ALA IV), which enables it to support investment des...

Govt moves for 60MW solar park at Raozan

The government is going to set up a 60MW solar power project at Raozan in Chittagong in the private sector. Once implemented, officials said, state-owned Power Development Board (PDB) will purchase electricity from the private sector ‘solar park, UNB reports. “This will be the country’s largest ever single solar project with the highest capacity,” Power Division Joint Secretary Siddique Zobair told UNB. solarSo far, the highest capacity of solar project is of 3MW in Jamalpur. Another solar project of 30MW capacity is now under the process of i...

Bangladesh receives $ 78.4m to install more solar systems

The Bangladesh government Tuesday signed a $78.4 million additional financing to further scale-up support for the successful solar home systems (SHS) program of Bangladesh. The credit for the additional financing to the Bangladesh Rural Electrification and Renewable Energy Development II (RERED II) Project is from the International Development Association (IDA), the World Bank Group’s soft loan arm. The project will help install an additional 480,000 solar home systems that has emerged as a viable electrification option for areas without grid access to electricity. wb

New outlet of ACI Electronics at Uttara

For the easy-availability of Panasonic products to the customers, ACI Consumer Electronics has already set up eight showrooms in Dhaka Panasonic products for display. As an extension of this endeavor ACI has launched another Showroom in Uttara to cater the customer of greater Uttara region. ACI ensured the full fledged Service Center for their customers. image002Syed Alamgir, Executive Director, Consumer Brands, ACI Limited inaugurates this new showroom of ACI Electronics at Syed Grand Center, Shop # 37 (1st Floor), Sector 7, Plot: 89, Utta...
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