NRBCB, SJIBL distribute clothes among cold-hit people
Shahjalal Islami Bank Ltd (SJIBL) and NRB Commercial Bank (NRBCB) have distributed warm clothes among cold-hit people.
SJIBL distributed winter clothes in Tangail. Bank’s Vice-Chairman of the Board of Directors Sayed Nurul Arefeen distributed two thousand five hundred blankets among distress people at Tangail Sadar, Alacin, Deldewer, Nagarpur, Korotia and Shafipur area as their part of Corporate Social Responsibilities (CSR).
Among others, Md. Abdul Khalek Branch manager of SJIBL Tangail Branch, ABM Mahafuzul Alam, Branch Manager of Shafipur Branch of the bank and Md Mahe Alam Sabu, Vice-Chairman of Nagarpur Upazila Parishad were present on the occasion.
WB predicts GDP growth slow down to 5.7pc
Bangladesh’s economic growth made in October last year remained unchanged as the GDP growth rate will slow down to 5.7 percent against 7.2 percent target in the current fiscal (2013-14) due to political turmoil, says the World Bank (WB).
The WB, an international financial institution that provides loans to developing countries for capital programs, came up with the fresh but similar forecast on Wednesday in Washington, reports UNB.
In it...
In it...
Bangladeshi Aam Admi Party, Kejriwal!
The last general election — virtually without any opposition party taking part in it — and corruption have given rise to the demand for an Aam Admi Party-like entity in Bangladesh.
So far, a group of protestors which led the Shahbag movement for secularism and democracy early last year, cyber warriors who supported the Shahbag movement and a retired army officer have made separate moves to create common man’s parties, reports the Hindustantimes.
Recent decline in remittances in Bangladesh
Migrant workers sent $6.77 billion home to Bangladesh in July-December, down 8.41% from the same time a year ago. For the first time in recent memory, Bangladesh has experienced a decline in remittances in the first half of the fiscal year.
There are four factors that can potentially account for the decline in remittances: the stock of Bangladeshi migrants abroad, earnings per migrant worker, their average propensity to save, and their average propensity to remit money home out of those savings.
US House set to pass $1.1 trillion budget bill
The Republican-led US House of Representatives is set on Wednesday to pass a bipartisan $1.1 trillion spending bill that would pay for the government’s operations through October and finally put to rest the bitter budget battles of last year.
The massive measure fills out the details of the budget deal that Congress passed last month after a disastrous 16-day government shutdown in October. That deal gave relatively modest relief to the Pentagon and domestic agencies after deep budget cuts last year.
New Zealand business group carps buying ferry from Bangladesh
There is mounting criticism of the New Zealand Government for getting the 60-seat boat built cheaply in Bangladesh instead of the country. A business group says the process for buying a new ferry from Bangladesh with aid money was flawed from the beginning.
The Ministry of Foreign Affairs and Trade (MFAT) of New Zealand commissioned the aid-funded ferry for $8 million to replace a vessel linking the New Zealandterritory of Tokelau to Samoa with fortnightly sailings.
Kim Campbell, chief executive of the Northern Employers and Manufacturers As...
Kim Campbell, chief executive of the Northern Employers and Manufacturers As...
