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Mohiuddin new Chairman of SJIBSL

Mohiuddin Ahmed has been elected unanimously as the Chairman of Shahjalal Islami Bank Securities Ltd (SJIBSL). Alhaj Mohiuddin Ahmed, Chairman of Shahjalal Islami Bank Securities Ltd.He was elected as chairman in the 21st Board of Directors’ meeting of SJIBSL held at the bank’s Head Office in the city recently. SJIBSL Director Syed Nurul Arefeen presid...

India to keep border sealed ahead of polls in Bangladesh

Bangladesh’s close neighbour India has decided to keep its border sealed for three days from January 4, a day ahead of the 10th national election of Bangladesh billed for January 5. India has also taken additional security measures to avert any negative impact on its state Pashchimbanga following the overheated political situation ahead of the elections, reports BBC Bangla. Indian BSF personnel patrol a stretch of the India-Bangladesh border on the outskirts of Agartala

Bangladesh key economic indicators – Jan 2

DAILY INDICATORS

Wednesday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.77 Call money rate (inter-bank) 06.75-08.00 06.50-08.00 Dhaka Stock Exchange index 4,286.15 4,266.55 --------------------------------------------------------------- indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03 M2 supply (bln taka) (BB) Oct. 6,403.17 6,267.23 Forex reserves ($bln)(BB) Dec. 18.07 17.11 Exports(FOB) ($mln)(BB) Nov. 2,2...

National Bank of Pakistan facing heavy losses in Bangladesh

The National Bank of Pakistan is feared in its Bangladesh operation as the bank has sustained Rs 12 billion in losses, which, according to initial findings of bank’s Board of Directors (BoD), is a result of “lax management”, forcing the BoD to order an inquiry as it tries to minimise the damages. After administrative and financial deterioration in the state-owned bank, the State Bank of Pakistan has also sought an action plan including measures to handle credit losses in Bangladesh from the newly constituted BoD, according to official documents. NBPThrough its...

Bangladesh nominated for Global Green Award’ 2014

Paris-based Otherways Management Association has recently decided to provide its Global Green Award-2014 to the Environment and Forests Ministry of Bangladesh for its outstanding contribution to the sustainable development of environment. The award will be handed over at a function in Berlin on March 31 next, informed Environment and Forests Minister Dr Hasan Mahmud at a press briefing at the Secretariat on Wednesday. global greenThe minister informed that the country’s forest area has...

Living cost, house rent mark sharp rise in city

The living cost in the capital witnessed a 11 percent rise in  2013 hitting hard the poorer section of the city’s over 1 crore population, according to an annual report released by the Consumers Association of Bangladesh (CAB). The cost of living has been calculated on the basis of the ‘weight’ of products and services available in consumers’ basket, said the report released on Wednesday. MINOLTA DIGITAL CAMERAIn line with the price hike of essentials, electricity, drinking water...
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