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IBBL inaugurates annual business development confce

A two day-long annual business development conference of Islami Bank Bangladesh Limited (IBBL) was inaugurated on Thursday at a local Hotel in the city. Eng. Mustafa Anwar, Acting Chairman of the Bank was present in the Conference as Chief Guest while Engr. Md. Eskandar Ali Khan and Professor NRM Borhan Uddin, Ph.D, Chairman, Audit Committee were present in the function as special guests. Business Development Conference 2014Presided over by Moha...

AIBL opens 35th ATM Booth at Nandipara

Al-Arafah Islami Bank Ltd (AIBL) has opened its 35th ATM Booth at Nandipara in the capital on Thursday. Managing Director of the Bank Md. Habibur Rahman inaugurated the new booth as Chief Guest. 20140116 - AIBL ATM Booth Opening Press ReleaseAmong others, Managing Director of Sicily Garments S M Morshed, Executive Vice President of the Bank Syed Masodul Bari, Senior Vice President Md. Nazmus Saadat, Senior Vice President Engr. Md....

Huawei global sales revenue to reach CNY 238-240b

Chief Finance Officer (CFO) of Huawei, Cathy Meng has announced the company’s operating performance in 2013.  The CFO said, Huawei’s operating profit for 2013 is expected to be in the range CNY28.6 billion to CNY29.4 billion. Huawei global sales revenue will reach CNY238-240 billion in 2013, up to11.6 percent in USD year-on-year. The annual R&D investment will be about CNY 33 billion, says a press release. huawei-logoHuawei’s global sales revenue will reach between CNY 238 billion to CNY 24...

Foodpanda offers online delivery service in city

Foodpanda Bangladesh is now offering the online delivery food service with more efficient and modestly way in the city. The company has been serving through online since November 19 last year. For all the passionate food lovers, a website is now available which will lead them even to be more food fanatics, says a press release. foodpandaFoodpanda has arrived to in the capital making the ordering food system much easier. It’s a great option for those who want enjoy food in a comfortable way.  The platform is ...

Freedom fighters oppose selling marketing rights of Coca-Cola

The government is trying to sell the marketing rights of Coca-cola at a merely cheaper price, alleges Muktijodda Shamonnoy Parishad. They urged the interference of the prime minister to cancel the decision. In a press conference in the capital on last Sunday, the leaders of the Shamonnoy Parishad opposed the decision taken by the government. fighter photoThey said, the government, at a ministerial meeting on economic affairs on last 29th December, made out the decision to cancel the...

Lighting up rural Bangladesh

Life comes to near standstill after sunset for the great majority of Bangladeshis living in the countryside. Only about 40% of rural households have access to grid electricity, and even these consumers suffer frequent and prolonged power cuts due to lack of supply. The Second Rural Electrification and Renewable Energy Development Project (RERED II) aims to increase access to electricity in off-grid rural areas through renewable energy sources.

Challenge

At present, against a peak demand of about 8,500 megawatt (MW), current supply is only about 6,500 MW. The urban areas with large industrial loads are prioritized for power supply leaving the rural areas with a disproportionate share of the power cuts. Further, the disp...
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