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Well-planned urbanization stressed in city seminar

Housing Minister Engineer Mosharraf Hossain, MP said, well-planned urbanization is always a priority issue for the ruling govt. Taking huge population growth over the last couples of years in capital Dhaka and other important cities like Chittagong, Khulna, Rajshahi, Sylhet etc. into serious consideration, the Govt. is planning to gradually establish more satellite towns like Purbachal, Jhilmil in and around Dhaka and other metropolitan cities. image002Engr. Mosharraf also stated that keeping scarcity of lands in mind, the Govt. is planning to...

Bank Asia opens Islamic window at Agrabad, Ctg

Bank Asia started operations of Islamic Banking at Bank Asia Bhaban Branch at Agrabad of Port City Chittagong from Sunday (08 June, 2014). PixEarlier on Saturday Mr. Mohammed Roshangir, Deputy Managing Director and Zonal Head, inaugurated the Islamic window which has been shifted from Lohagara Upazila. Head of Agrabad Branch and Executive Vice President Mr. Md. Shahabullah, Head of Bank Asia Bhaban Branch & Senior Vice President Mr. AKM Saiful Islam Chowdhury, Deputy Head of Islamic Banking and Vice President Mr. AKM Mizanur Rahman, In-charge of ...

BMCCI honours business leaders

Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) has accorded BMCCI Excellence Awards 2013 to three distinguished business leaders for significant contribution in their respective fields. H.E. Norlin binti Othamn, High Commissioner of Malaysia in Dhaka, gave away the awards at a function held at the Grand Ball Room of the Westin Dhaka in the evening of Monday, 9th June 2014. The objective of the program was to give awards to the most prolific business leaders from different business sectors of Bangladesh for their contribution towards economic development. Photo-2

Remittance deposits direct to bank account

For the first time in Bangladesh, Bank Asia and Western Union introduced Direct-to-Bank (D2B) money transfer service to help expatriates send remittance to any bank account connected to BEFTN (Bangladesh Electronic Fund Transfer Network). Previously, Western Union money was transferred through cash-to-cash modality where both sender and receiver could only send and receive foreign remittance in hard cash. DSC_7377 (2)The D2B money transfer service was launched at a function held in a hotel in the capital city Dhaka on Thursday where Wester...

ACI declares 85pc cash, 20pc stock dividend

Advanced Chemical Industries Ltd held its 41st Annual General Meeting on Tuesday (10 June 2014) at the Officers Club in the city. The meeting was presided over by ACI Chairman Mr. M. Anis Ud Dowla. The shareowners approved the proposal of declaration of dividend @ 105% which include Tk. 8.5 per share (85%) as cash dividend and 20% as stock dividend i.e. 1 share against each 5 shares for the year 2013. image001The Managing Director informed the shareowners that the Company performance improved due to focus on internal efficiency and producti...

Slow shipments with strike by C&F agents

A section of clearing and forwarding (C&F) agents at the Kamalapur internal container depot has been on strike for two days now, threatening suspension of export and import activities at the depot. The strike started after the customs house tightened measures for inspections of consignments in a move to stop tax dodging, reports the Daily Star. export-importEnraged by the move, the C&F agents demanded the removal of Customs Commissioner Maruful Islam and Joint Customs Commi-ssioner Khaled Mohammad Abu Hossain, accusing the...
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