Investors in emerging market companies are looking more closely at environmental, social or governance (ESG) issues before they buy as the Bangladesh factory collapse.
Cajoled by developed world governments and shocked by disasters, almost all emerging fund managers in a survey by UK development finance arm CDC to be published this week consider ESG to be integral to their investment strategy, and in many deals they regard it as a “fact of life”.
It is a sharp contrast to a few years ago, when emerging market investors saw sustainable strategies as an irritant imposed by worthy multilateral lenders, or “the dead hand of eco-fascism”, according to CDC’s ESG director Mark Eckstein.
Once the preserve of religious and ethically minded funds and the development finance arms of major...
Shahjalal Islami Bank Ltd (SJIBL) has recently opened its 88th and 89th branches respectively at Dattapara in Laxmipur and at Gunabati in Comilla.
Bank’s Dattapara Branch manager Md. Mazharul Haque, Laxmipur Branch manager Md. Rafiqul Islam, Ramganj Branch manager Belal Hossain, President of Dattapara Bazar Bonik Shamity Md. Taraque Monowar, Dattapara Union Perished Chairman M Billal Hossain, Ramnarayanpur Union Perished...
The 419th meeting of the Executive Committee (EC) of the Board of Directors of Al-Arafah Islami Bank Ltd (AIBL) was held at the Board Room of the bank on Thursday.
Abdus Samad, chairman of the committee presided over the meeting. The meeting reviewed overall business performance of the bank, says a press relelase.
Vice Chairman of the committee Abdul Malek Mollah, committee members Hafez Md. Enayet Ullah, Engr. Kh. Mesbah Uddin Ahmed, Managing Director of the bank Md. Habibur Rahman, Compa...
A group of professors and researchers from Mexico, Poland and India called on Dhaka University (DU) Vice-Chancellor Prof. Dr. AAMS Arefin Siddique on Thursday at the latter’s office.
The researchers and professors present were Prof Dr Ana Teresa Gutierrez del Cid, Dr Graciela Perez Gavilan Rojas, Dr Rosario Arroyo Velasco and Dr Erika Hinsen from Metropolitan Autonomous University, Mexico; Prof Dr Sivanandan Sivakumar from Indian Law Institute (Deemed University), Dr Lisa P Lukose from University School of Law and Legal Studies (USLLS), India and Tomasz Lachowski, a PhD candidate from University of Lodz, Poland.
There is a higher chance for social unrest to exacerbate political instability in Bangladesh, according to research by UK risk analysis firm, Maplecroft released on Thursday.
“This is due to the erosion of democratic freedoms, increasing crackdowns on political position and the brutality by security forces towards protesters, compounded by rising food prices and worsening working conditions,” Maplecroft said in a statement.
Growing levels of conflict, terrorism, and the toppling of regimes in the Middle East and North Africa, as well as political violence in East Africa, are driving a rise in political instability worldwide, said Maplecroft release.
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The 81st branch of Bank Asia started its operation in Dinajpur town from Thursday.
Md. Belal Hossain, Assistant Vice President and Head of Dinajpur Branch of the bank formally inaugurated the new branch. Senior officials of the branch were present on the occasion, says a press release.
Members of business community, local elite and a large number of people also attended the auspicious event. The new branch has all the modern banking facilities including on-line banking and ATM.
Starting its operation in 1999, Bank Asia is one of ...
