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Dhaka Bank donates Tk 1 crore 20 lakhs

Dhaka Bank Limited donated Tk.1.2 Crore to Khulna University and Rotary District Community Hospital (KURDCH) under the Bank’s CSR initiatives on Wednesday (June 4, 2014). PhotoDr. Atiur Rahman, Governor of Bangladesh Bank was present at the event as Chief Guest. Chairman of Dhaka Bank Mr. Abdul Hai Sarker along with other Directors of the Bank were present in that event. The cheque was formally handed over to Rtn. Ferdousi Ali, Chairperson of KURDCH. Managing Director of Dhaka Bank Mr. Niaz Habib along with the Senior Management of the Bank, Depu...

Chronology of national budgets

Finance Minister AMA Muhith will announce the annul budget for the fiscal year 2014-15 (FY15) tomorrow (Thursday) at Jatiya Sangsad at 3:30 pm. This will be the country’s 43rd budget and the 15th budget of the Awami League government while the 8th for Muhith. Following is the chronology of Bangladesh budgets since independence in 1971. The information has been collected from various sources including the budget documents of the Ministry of Finance. The amount is in crore of Taka (Tk). sangsad bhabanFisc...

Bangladesh elected ILO governing body member    

Bangladesh has been elected a deputy member of the governing body of the International Labour Organization (ILO) for the period of 2014-2017 after a gap of three years. The election is the recognition of Bangladesh\’s close working relations with the ILO, which has been further intensified in the aftermath of the Rana Plaza tragedy towards far-reaching labour sector reform, especially in the RMG sector, reports BSS. ILOILO is providing technical assistance to Bangladesh under its flagship Better Work Programme, aimed at further promoting collective bargainin...

Urgent action to address climate change, urges LDC group chair    

Urgent action is needed to protect the least developed countries from the adverse impacts of climate change, the chair of the Least Developed Countries (LDCs) Group has said at the UN climate change negotiations. “The latest science tells us that we can limit global temperature increases to a level that will save the poorest countries in the world. All that is required is the will to do it. But if we don’t act urgently the world’s poorest will suffer,” LDC Group chair Prakash Mathema said at the climate meet in Bonn on Tuesday, according to a message received here. Two new reports from the Intergovernmental Panel on Climate Change (IPCC), released in the last three months, revealed the alarming realities for the world’s poorest countries. Extreme temperatures, rainfall and drought...

Banks to issue ‘Virtual Card’ to Apps developers  

Individual Apps developers will now be able to go for the billion dollar international mobile application marketplaces of mobile application like Google, Windows and Blackberry with their products, as the Bangladesh Bank allowed online payment of fees, reports BSS. In a circular Tuesday the BB allowed the International Credit Card (ICC) issuing banks to issue ‘Virtual Card’ to individual developers of mobile Apps and Games for online payment of different fees. “Certainly, it would create a big opportunity for our Apps developers who will now be able to use Apps stores of reputed online or mobile application marketplace for their products. . . ICT division had long been persuading the authorities concerned to it,” said ICT Secretary Md Nazrul Islam Khan.

$ 500m in export orders to sew World Cup jerseys

Bangladesh garment manufacturers bagged at least $500 million in export orders to sew World Cup jerseys for fans across the globe in a major industry boost after a string of disasters, officials said Monday. The acting head of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) said the country's shipment of garments grew around 14 percent this year with World Cup orders playing a key role, AFP reports. [caption id="attachment_7028" align="alignleft" width="300"]neymars-jersey A copy of Brazilian footballer Neymar's je...
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