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UCB lead arranger of Tk 700 million

A signing ceremony of Syndicated Term Loan of BDT 700.00 Million has been executed at a local hotel on 1 April 2014 between Golden Harvest Ice cream Limited and five banks and financial institutions where United Commercial Bank Limited (UCB) acted as Lead Arranger.

PictureThe signing was conducted for setting up a Premium Ice Cream Plant at Gazipur by Golden Harvest Ice cream Limi...

Daewoo makes lowest offer in wheat tender

 South Korean trading firm Daewoo International offered to sell 50,000 tonnes of wheat to Bangladesh for $325.45 a tonne, the lowest offer in a tender that opened on Thursday, an official at the state grains buyer said. The price included freight, insurance and other expenses. Six trading companies competed for the tender that was issued last month in an effort to boost government reserves, now at five-year lows. wheatThe proposed imports are part of a plan by the Directorate ...

Robi Smartphone, Tab Expo begins

Robi Smartphone and Tab Expo-2014 started on Thursday (03 April, 2014) at Bangabandhu International Conference Centre (BICC). Mr. Zunaid Ahmed Palak, State Minister for Ministry of Posts, Telecommunications and Information Technology inaugurated the fair as chief guest. Smartphone-Expo-140403-13Mr. Md. Nazrul Islam Khan, Secretary, Information and Communication Technology Division, Mr. Khaledur Rahman Dewan, Executive Vice President, Robi Axiata Limi...

Unity Trust Bank works for dev of Bangladeshi community

Unity Trust Bank, a specialist bank for the social economy, has provided Bangla Housing Association with a £4.8m loan to support their purchase of 70 properties in Hackney, East London. A specialist housing association that provides good quality, affordable homes and support services for Bengali and Black and Minority Ethnic (BME) communities across North East London. Bangla has been managing these properties for over 15 years on behalf of other registered providers. utbBangla now owns and manages the properties which m...

Bangladesh agrees to open power corridor for India

Dhaka has agreed to provide transit facility for a 6,000-megawatt Indian power transmission line while parts of the quantum could be used by Bangladesh. "A committee has been formed to see the feasibility of transmitting power through Rangia Raota in Assam to Borakpur in Bihar through Boro Pukuria in northwestern Dinajpur in Bangladesh," Bangladesh's power secretary Monowar Islam told a joint media briefing with his Indian counterpart Pradeep Kumar Sinha on Thursday. bd-indiaThe briefing came after a...

Mobile operators oppose fixed line licence change

Country’s six mobile operators have raised concerns over the government's plan to let fixed phone operators provide limited mobility services by amending their licence conditions. Such a move would create huge anomalies in the telecom sector, chief executives of six mobile operators said in a letter to the telecoms secretary. BD TelcomThe concern arose following newspaper reports that the fixed line operators would be able to provide mobile services to subscribers in...
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