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Ecnec approves 6 projects worth Tk 2,007.68 cr

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved six development schemes involving Tk 2,007.68 crore including the Tk 828.56 crore ‘​Flood and Riverbank Erosion Risk Management Investment Program (Tranche – I)’. Ecnec1The approval came from the Ecnec meeting held at the NEC conference room in city’s Sher-e-Bangla Nagar with its chairperson and Prime Minister Sheikh Hasina in the chair. Of the six projects approved, four are new while the two others are revised ones, reports UNB. Briefing reporters after the meeting,...

3 deals, one MoU signed with Cambodia

Bangladesh and Cambodia on Tuesday signed four instruments including three agreements and a Memorandum of Understanding (MoU) in a bid to further boost bilateral ties especially in the fields of trade, industry, agriculture and culture. BD-cambodiaPrime Minister Sheikh Hasina and visiting Cambodian Prime Minister Hun Sen witnessed the signing of the instruments at the Prime Minister’s Office after the official talks. The first agreement on the Establishment of a Joint Commission for Promoting Bilateral Cooperation between Bangladesh a...

Forex reserve reaches all-time high $ 21b  

The country’s foreign exchange reserve has hit a new height setting a record of over $21 billion riding on the positive remittance inflow and increased export earnings. Forex-res1The reserve stood at $ 21.04 billion at the end of the day on Monday, which is the highest in the country’s history, Bangladesh Bank General Manager AFM Asaduzzaman told UNB. He said the rising trend of foreign exchange reserve was due to the increasing trend of export earnings as well as firm management of reserve by the central bank alongside decline in import costs. ...

Dhaka Bank inaugurated 75th branch  

Dhaka Bank Limited formally inaugurated Gulshan Circle 2 at Gulshan Avenue, Dhaka on Monday (June 16, 2014) in a befitting manner. It is the 75th Branch of the Bank. PhotoFounder and Director of the Bank Mr. Mirza Abbas Uddin Ahmed inaugurated the Branch as Chief Guest. Mr. Abdul Hai Sarker, Chairman of Dhaka Bank Limited joined the program as Special Guest. Directors of the Bank namely Mr. Altaf Hossain Sarker, Mr. Md. Amirullah, Mr. Suez Islam, Mr. Mirza Yasser Abbas and Sponsor Director & Ex-Chairman of the Bank Mr. A.T.M. Hayatuzzaman K...

PBL Sylhet Principal Office inaugurated

Pubali Bank Limited (PBL), Sylhet Principal Office and shifted Sylhet branch has formally inaugurated recently with a view to providing best & modern banking services. Ariful Haque Chowdhury, Mayor of Sylhet City Corporation was present as Chief Guest. Hafiz Ahmed Mazumder, Chairman, Board of Directors of Pubali Bank was present as Honourable Guest. Managing Director Helal Ahmed Chowdhury presided over the inauguration ceremony. Vice-Chairman, Board of Directors of Pubali Bank Fahim Ahmed Faruk Chowdhury, Directors- Ahmed Shafi Choudhury, Moniruddin Ahmed, Mustafa Ahmed, Azizur Rahman, Additional Managing Director M.A. Halim Chowdhury, Deputy Managing Director Safiul Alam Khan Chowdhury, Divisional Commissioner of Sylhet Sazzadur Rahman and General Manager of Bangladesh Bank Md. ...

Iris JV gets RM33.5m Bangladesh govt passport job

Iris Corporation Bhd and its partner Grand Technology Resources & Computer Source Ltd have secured a US$10.40mil(RM33.52mil) contract from the Bangladeshi government to provide machine readable passport (MRP) enrolment data and related services. passport BdIt said on Monday the 18-month contract was to distribute these passports among its Bangladeshi citizens at sites in United Arab Emirates. Iris said the total number of applicants was about 800,000 passports at US$13 (RM41.90) per piece. "The implementation of this contract a...
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