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AIBL holds training on Banking Orientation

A 10-day long training course titled “Orientation Course on Banking” started at Al-ArafahIslamiBankTraining & ResearchAcademy on Sunday. 20140119-AIBL Training PressManaging Director of the Bank Md. Habibur Rahman inaugurated the course as chief guest. Among others, Principal of AIBTRA Md. Zahid Hasan were also present in the occasion. 43 newly recruited Executive Officers and Officers from selected branches and Head Office of the Bank took part in the course.

Bank Asia sets off Agent Banking pilot phase in Munshigonj

In an effort to bring huge number of the country’s non-banking population under the banking network and ensure financial inclusion, Bank Asia, for the first time in Bangladesh, set off Agent Baking pilot phase in Sirajdikhan Upazila of Munshigonj district. Agent Banking-PhotoIn presence of Dasgupta Asim Kumar, Executive Director of Bangladesh Bank, A. Rouf Chowdhury, Chairman of Bank Asia formally launched the activities of Agent Banking at Bhabanipur Bazar on Friday (17 January, 2...

ICAB President to join SAFA meetings in Sri Lanka

A delegation of the Institute of Chartered Accountants of Bangladesh led by its President Showkat Hossain left Dhaka for Colombo, Sri Lanka on Sunday morning to join different SAFA meetings including SAFA Board, Assembly, different committees and task force meetings. Showkat Hossain FCA (Photo) (1)The other members of the delegation are Vice President Nasim Anwar FCA, Council Member and Past Presidents Abbas Uddin Khan FCA, Md. Syful Islam FCA, Md. Humayun Kabir FCA...

Global piracy drops due to clampdown on Somali pirates: IMB

Piracy at sea has reached its lowest levels in six years, with 264 attacks recorded worldwide in 2013, a 40 percent drop since Somali piracy peaked in 2011, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) revealed on January 15. Just 15 incidents were reported off Somalia in 2013, down from 75 in 2012, and 237 in 2011. somali piratesIMB’s annual global piracy report shows more than 300 people were taken hostage at sea last yea...

Duty waiver on importing raw materials of fibre cable

The National Board of Revenue (NBR) has exempted optical fibre cable manufacturers from paying duties on import of four types of raw materials required for the industry in a bid to protect local producers from the competition with importers of finished product. Local producers got exemption from import duties on all types of raw materials required for the industry as the government provided the waiver for other raw materials in the budget for the current fiscal year, NBR officials said. fibre cableThe re...

India, Pakistan to allow greater trade through land route

India and Pakistan agreed on Saturday to allow round-the-clock movement of trucks and containers through their main border crossing, signalling a thaw in relations after a year's standoff over military tensions on the border. Trade ministers of the two countries meeting in New Delhi also approved a liberalised visa policy for businessmen to help expand two-way trade, which was barely $2.5 billion in 2012/13 fiscal year against a potential $10 billion. Pak-IndiaBoth sides hope closer integration of Pakistan w...
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