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April remittances up for third straight month

Money sent home by Bangladeshis working overseas in April rose 3.2 percent from a year earlier to $1.23 billion, the third straight month of gains.

Millions of expatriate Bangladeshis remitted $11.73 billion from July to April, the first 10 months of the current financial year, down nearly 4.8 percent from the same period the previous year, central bank data showed.

Officials say remittances have dropped over the last few months because of political turmoil in the months leading up to an election in January.

Modi blamed for violence in Assam

Minority Affairs Minister K. Rahman Khan on Monday blamed BJP prime ministerial candidate Narendra Modi for inciting violence which resulted in the killing of 31 Muslims in Assam by making a statement against Bangladesh illegal immigrants. Muslims were gunned down in three days, according to the police, by tribal militants who resent the presence of immigrants from neighboring Bangladesh. Modi had said last week that illegal immigrants from Bangladesh in West Bengal should have their “bags packed” in case he came to power, accusing the state government of being too soft.

Turkish school student becomes first in world math exam      

Ragib Mostafa, a Turkish school student in Bangladesh, has become first in world math exam. Mostafa, who was up against nine million students from 110 nations, became first in Edexcel IGCSE exam. Mostafa is a 10th grade student from Bangladesh's International Hope Turkish School and he received his award from Bangladesh's London ambassador. British Council Bangladesh Director Brendan McSherry said Turkish schools in the populous nation are one of the best international schools in the country. "They got the best results in this exam," McSherry said, according to a quote provided by private Cihan news agency.

AIBL opens branch at Faridpur

Al-Arafah Islami Bank Ltd (AIBL) has recently opened its 112th branch at Shamsul Ulum Biponi Bitan, 15/75, Muzib Sarak, Niltuli, Faridpur. 20140506 - AIBL Faridpur Branch PressManaging Director of the Bank Mr. Md. Habibur Rahman inaugurated the branch as Chief Guest. Zonal Head & Senior Vice President of AIBL Khulna Zone Md. Monjurul Alam presided over the ceremony while Senior Vice President Md. Nazmus Saadat delivered the welcome speech. The occasion was addressed by President of S...

Bangladesh flag campaign shortlisted for AMES award

The Bangladesh Flag Campaign, orchestrated by Robi Axiata Limited, in association with the Bangladesh Army, has been shortlisted recently for the prestigious 2014 AMES (Asian Marketing Effectiveness & Strategy Awards) in the Insights and Strategic Thinking category. The Asian Marketing Effectiveness & Strategy Awards, based out of Singapore, is Asia Pacific’s premier awards honouring both clients and advertising agencies for effective marketing strategies. 2Robi is Bangladesh’s first ever shortlisted entrant and is up against global brands like P...

IBFB members to get US visa preferences

The members of International Business Forum of Bangladesh (IBFB) will get some preferences for US Visa under the US Embassy IBFB Business Visa Program. The Consular Section of US Embassy is going to introduce this Business Visa Program (BVP) in partnership with IBFB which is now in the final stage of launching, hopefully in the month of June 2014. ibfbAs explained in a recent letter from Mr. Fehrman, Benjamin, Second Secretary, US Embassy to IBFB, this program will provide expeditious handling of business travel visa applications with the goal of making the app...
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