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DBBL, Toma Group sign deal on taxi fare payment thru’ card    

Dutch-Bangla Bank Limited (DBBL) for the 1st time in Bangladesh, will install POS terminals in the Taxi Cab to be launched by Toma Group. As such passengers will be able to pay their taxi fare through DBBL Nexus Debit Card or VISA / MasterCard / UnionPay card (issued by any bank) by using DBBL POS Terminals. Pic of the eventTo effect this, recently an agreement was signed by Mr. Mohd. Ataur Rahman Bhuiyan (Manik), Managing Director of Toma Group and Mr. Md. Kamruzzaman, Head of Personal Banking Division of DBBL on behalf of t...

Training on capacity development in AIBL  

A two-day long training course on “Capacity Development in Banking Operation” organized by Al-Arafah Islami Bank Training & Research Academy held at a local hotel in Sylhet recently. 20140419 - AIBL Training PressDistrict Commissioner of Sylhet Mr. Md. Shahidul Islam inaugurated the course as Chief Guest while Zonal Head of AIBL Sylhet Zone Mr. Md. Harunoor Rashid presided over the inauguration ceremony. Among others, Senior Vice President of ICC Wing of the Bank Mr. Md. Abdur Rahim Duary and Prin...

Hero MotoCorp gains after joining Nitol Niloy Group      

Hero MotoCorp rose 1.18% to Rs 2,243.80 at 13:19 IST on BSE after the company said it launched its operations in Bangladesh through a joint venture with Nitol Niloy Group. The company made the announcement during trading hours Monday. Meanwhile, the BSE Sensex was up 58.70 points, or 0.26%, to 22,687.54. On BSE, so far 8,308 shares were traded in the counter, compared with an average volume of 16,470 shares in the past one quarter. The stock hit a high of Rs 2,247.60 and a low of Rs 2,211.90 so far during the day. The stock hit a record high of Rs 2,320 on 7 April 2014. The stock hit a 52-week low of Rs 1,451.15 on 18 April 2013.

Export to US sees 7.26pc growth in July-Feb of FY 14  

Export earnings from the USA, the largest export destination for Bangladesh goods, witnessed a 7.26 percent growth during the first eight months (July-February) of the current fiscal (2013-14), mostly due to good performance of the RMG sector. Bangladesh exports to USA totalled $ 3,723.49 million in the first eight months (July-Feb) of fiscal 2013-14 compared to $ 3,471.48 million during the corresponding period of the previous fiscal (2012-13). The amount represents 18.78 percent of the country’s total export earning during the period, UNB reports. According to the statistics compiled recently by the Export Promotion Bureau (EPB), RMG export, including knitwear, to the US amounted to $ 3,428.37 million during the July-February period of the current fiscal compared to $ 3,186.03 m...

Indo-Bangla railway talks to boost connectivity  

India and Bangladesh will hold the annual railway talks here from today to undertake a complete review of railway cooperation between the two countries and ways and means to improve connectivity and services. The India-Bangladesh Inter-Governmental Railway Meeting (IGRM) will take on April 21-23 in Dhaka, Indian Embassy here said. bd-indiaThe meeting will undertake a complete review of railway cooperation between the two countries and ways and means to improve connectivity and services. The two delegations would also discuss freight train operation...

India, Bangladesh need cooperation in rice seed trade

Enhanced cooperation between India and Bangladesh on trade in rice seeds would help farmers of both the sides increase the yield of the commodity, a study by think-tank CUTS International has said. At present, farmers of both the sides are using smuggled seeds which are not of good quality, it said. pariza rice panicleRice growing areas in Bangladesh and India, “where farmers make widespread use of smuggled seeds”, can immensely gain from cooperation between the two countries, the Consumer Unity & Trust Society (CUT...
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