Nesar Uddin Ahmad, Assistant Vice President of Islami Bank Bangladesh Ltd died of Liver Serosis and Cancer on Monday (Inna Lillahi Wa Inna Ilaihe Raziun). He was 53. He left behind wife, a son, a daughter and well wishers.
He Joined IBBL in 1985. He was born in 7960 at Krishnakathi village under the Bakergonj upazila of Barisal Diatrict.
Prof Abu Nasser Muhammad Abduz Zaher, Chairman and Mohammad Abdul Mannan, Managing Director of IBBL expressed deep sorrow at his death.
They also expressed sympathy to the bereaved family of the deceased. Doa...
Looming uncertainty in the political arena and its ultimate consequences through continuous violence on the streets for the last couple of months have restrained foreign entrepreneurs from making fresh investments in Bangladesh.
The number of proposals for fresh investments by foreign entrepreneurs has halved within a month, according to sources, reports the Independent.
The Board of Investment (BoI) received only seven proposals in October against 15 in September this year. The amount of proposed investment against those projects also declined drastically. The foreign companies proposed to invest only $20 million in October against a commitment of $1,915 million in September. The number of local investment proposals also de...
Bangladesh Bank (BB) has issued guidelines on agent banking seeking applications from the commercial banks to start such banking business in the country.
The commercial banks will now be allowed to introduce agent banking for strengthening their ongoing financial inclusion programme through bringing un-banked people into the banking channel, reports the Financial Express (FE).
“We’ve introduced the guidelines aiming to provide regulatory framework for the agent banking which will create an enabling environment for offering safe financial services to the new target group,” BB Executive Director Das Gupta Asim Kumar told the FE.
He said people, who are living in remote and hilly areas, would avail banking services including...
DAILY ECONOMIC INDICATORS OF BANGLADESH
Sunday Previous
Taka/US $ (inter-bank) 77.75-77.75 77.75-77.77 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,302.56 4,277.39
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MONTHLY
CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03
M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Nov. 17.11 17.35
Exports(FOB) ($...
Etihad Airways, the national airline of the United Arab Emirates (UAE), has secured highest honour at this year’s World Travel Awards for the fifth year in a row.
At a ceremony in Doha, Qatar on Sunday, Etihad Airways achieved this stunning success and was crowned the prestigious title of World’s Leading Airline, World’s Leading First Class and World’s Leading Airline Cabin Crew.
Etihad Airways, the national airline of the United Arab Emirates (UAE), has achieved stunning success at this year...
The Bangladesh High Commission in Singapore has refuted the news reports appeared on a section of media and news involving a Bangladeshi worker in a bus accident in Singapore commenting ‘is not based on facts’.
In a statement on Monday morning, The Bangladesh High Commissioner Mahbubuz Zaman also rejected reports that the incident was fuelled by a bus accident involving a Bangladeshi worker.
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Officers from the C...
