Browse Author

bdreports24

Airtel introduces new lovebirds offer

Airtel Bangladesh Limited, the fastest growing mobile operator of the country, brings its valued customers with a new offer called lovebirds. The offer is designed to provide Airtel customers with dual SIM connection along with special features. For the first time in Bangladesh, Airtel customers will be able to enjoy video calls between the paired connections. airtelPotential customers will be able to purchase dual SIM connection along with special benefits on Voice calls, Video calls and SMS called lovebird...

UCB signs MoU with Vanguard

A Memorandum of Understanding (MOU) has been executed between United Commercial Bank Limited (UCB) and Vanguard Asset Management Ltd (VAML) on Sunday at the Corporate Head Office of UCB to make strategic partnership to generate future business opportunities between UCB VAML. MOU PicAt the presence of Muhammed Ali, Managing Director of UCB; Mohammed Shawkat Jamil, Deputy Managing Director of UCB and Waqar Ahmed Chowdhury, Managing Director and CEO of Vanguard Asset Management Ltd signed the MOU on behalf o...

Pubali Bank holds Shariah Committee meeting

The 13th meeting of Pubali Bank Shariah Supervisory Committee was held recently to review the overall present position of the Islamic Banking. M Azizul Huq, Chairman of Pubali Bank Shariah Supervisory Committee presided over the meeting. Islamic BankingDirectors’ of Pubali Bank Moniruddin Ahmed and Ahmed Shafi Choudhury, Managing Director Helal Ahmed Chowdhury, Islamic Economist Prof. M. Muzahidul Islam, Prof. M. Mansurur Rahman, Mowlana Abdullah Bin Sayeed Jalalabadi, Mokhlesur Rahman, Mohammad Mahbubur Rahman and Head of Islami...

Regionalism virus threatens India’s integrity

A virus called ‘regionalism’ periodically strikes parts of India. It afflicts locals with an urge to wreak vengeance towards “outsiders”, who have flocked there for livelihood, education, job or business. Shiv Sena, and later MNS, had mastered the science of calibrated release of the virus in Maharashtra, especially in Mumbai. Politicians, lacking in vision about the advantages in strengthening the country’s integrity, look to create a niche for themselves in the political arena by strategically spreading viruses of regionalism, ethnic distrust, linguistic division and communal fundamentalism. They know that the inevitable violent reactions would deflect people’s attention from pressing development issues, reports TNN.

Bangladesh key economic indicators – Feb 3

DAILY INDICATORS

Sunday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 06.00-07.75 05.50-08.00 Dhaka Stock Exchange index 4,787.66 4,753.17 --------------------------------------------------------------- indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Dec. 7.53 7.15 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Dec. 18.07 17.11 Exports(FOB) ($mln)(BB) Nov. 2,212....

Foreign exchange regulation relaxed for industrial enterprises

Bangladesh Bank (BB) relaxed foreign exchange transactions rule for industrial entrepreneurs to help accelerate industry- driven growth. The central bank in a circular on Sunday said industrial enterprises would get guarantee through authorized dealers (ADs) for borrowing from external sources. The enterprises, however, should have approval from the Board of Investment (BoI), BSS reports. bb Earlier in a circular, the central bank advised all ADs to take prior approval from BB to furnish guarantees to or hold collaterals on-behalf of overseas bank branches or correspondents in respect of credit...
Verified by MonsterInsights