SJIBL annual managers’ conference held
Shahjalal Islami Bank Limited (SJIBL) inaugurated two days long “Annual Managers’ Conference-2014” on Friday at Ruposhi Bangla Hotel in the capital. The opening ceremony of the conference was presided over by its managing director Farman R Chowdhury while the chairman of the Board of Directors of the bank AK Azad was present as chief guest.
The meeting evaluated the performance of the last year and...
The meeting evaluated the performance of the last year and...
US economy scored robust growth in 4th quarter
The US economy grew at a robust annual rate of 3.2 percent in the fourth quarter despite the partial government shutdown in October, according to Commerce Department data released yesterday.
Growth in gross domestic product was led by pick-up in exports and a strong acceleration in consumer spending, the main driver of the US economy.
Most analysts had penciled in 3.0 percent GDP growth in the October- December quarter, following the 4.1 percent pace in the third quarter.

Forex reserve still above 18bn
The country’s foreign exchange reserve is still maintaining an over 18-billion mark remaining at $18,160.61 million as of January 28 this year.
The foreign currency reserve also witnessed a rise of $5,117.94 million from the $13,042.67 million registered on January 28 last year, according to statistics released by the Bangladesh Bank on Thursday.
Earlier, on December 19, 2013, Bangladesh’s foreign currency reserves crossed the $18-billion mark for the first time in the country’s history...
Earlier, on December 19, 2013, Bangladesh’s foreign currency reserves crossed the $18-billion mark for the first time in the country’s history...
Banking system liquidity worries FBCCI
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) expressed its concern over the banking system liquidity generating from inertia of the businesses to invest in productive sectors.
“Although the target for the growth in private sector credit flow was fixed at 15.5 percent from July-December in 2013, the credit flow at that period was not that satisfactory due to the absence of proper infrastructure as well as business friendly environment caused by political uncertainty,” the apex trade body said in a statement on Thursday.

Traders buy 150,000t wheat from Indian
Three traders in Bangladesh have bought 150,000 tonnes of wheat from neighbouring India at prices ranging from $302 to $305 a tonne, including cost of delivery to Chittagong port, two sources said on Wednesday.
Bangladesh has turned to India for wheat supplies since New Delhi lifted a ban on exports in 2011.
Separately, Bangladesh's state grains buyer has received the lowest offer from Glencore of $303 a tonne, including freight, insurance and other expenses, in a tender that opened on Tuesday.
Bangladeshi tr...
Bangladesh has turned to India for wheat supplies since New Delhi lifted a ban on exports in 2011.
Separately, Bangladesh's state grains buyer has received the lowest offer from Glencore of $303 a tonne, including freight, insurance and other expenses, in a tender that opened on Tuesday.
Bangladeshi tr...


















