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  Eastland Insurance holds 27th AGM

The 27th Annual General Meeting (AGM) of Eastland Insurance Co. Ltd was held on Sunday, 25th May, (2014 in Lakeshore Hotel), Dhaka-1212. The Meeting was presided over by Mr. Mahbubur Rahman, Chairman of the Company. EastlandThe Chairman presented the report of the Directors, Audited Accounts of the Company for the year ended 31st December, 2013 together with Auditors Report there on. The Chairman informed the meeting that the Company earned a gross premium of Tk. 700.38 million during the year 2013 through its 24 Branches which was 7.73 % high...

Bangladesh to get 600b yen Japanese aid

Japan has expressed its commitment to providing up to 600 billion yen of assistance to Bangladesh from this year by fully taking into account the proper and smooth implementation of projects. This was disclosed at a joint press conference here this afternoon after the summit-level official talks between Prime Minister Sheikh Hasina and her Japanese counterpart Shinzo Abe at the Prime Minister’s Office. hasina-japan-visit-wbAt the talks, Dhaka and Tokyo have agreed to establish a “comprehensive partnership” to furth...

Separate allocation in budget for persons with disabilities

Finance Minister AMA Muhith on Monday said some ministries will have separate allocations in the upcoming budget for persons with disabilities. Responding to a demand of a delegation of Parliamentarians’ Caucus on Persons with Disabilities, he said it might be possible next year to introduce the allocations for them under different ministries UNB reports. MuhithThe ministries have provisions for such allocations but those must be defined, he said. The finance minister was holding a pre-budget meeting with the caucus members and members of the...

IBBL, Xpress Money arrange free medical camp in Bhulta

A day-long free medical camp has jointly been organized by Islami Bank Bangladesh Limited (IBBL) and Xpress Money, the world’s most dependable money transfer brand in which about 1200 patients took treatment and medical advice with medicine prescribed by seven specialized doctors at Bhulta Branch of Islami Bank Bangladesh Limited in Narayangonj recently. IMG_1902Mr. Md. Mahbub ul Alam, Deputy Managing Director, Islami Bank was present as the chief guest and Mr. Shamim Iftakhar, Country Manager- Xpress Money, Bangladesh was present as the speci...

Modi sworn in as Indian prime minister

Narendra Modi has been sworn in as India's new prime minister in a ceremony in the forecourt of the presidential palace in Delhi. Mr Modi took the oath before thousands of guests, including his counterpart from rival Pakistan, Nawaz Sharif. It is the first time since the two countries won independence in 1947 that a prime minister from one state has attended such a ceremony in the other. modiMr Modi led his BJP party to a landslide win in the recent election, reports BBC. The BJP won the biggest victory by any party in India for 30 years, gainin...

DFID threatens to withdraw fund    

The Department for International Development (DFID) has threatened to withdraw the grants it had committed for establishing economic zones (EZ) as the government has failed to set up the much-hyped zones in four years. The UK-based development organisation recently said it would withdraw fund of nearly Tk 15 crore committed for ‘Economic Zones Development’ project, if the government fails to spend the money by this December, Planning Commission sources said. The World Bank, which conducted a survey on the project, and the DFID came forward to help set up EZs, making commitments of Tk 65 crore and Tk 14.34 crore respectively as grants against the said project, reports the Daily Sun.
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