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IBBL Board meeting held

A meeting of the Board of Directors of Islami Bank Bangladesh Ltd (IBBL) was held on Saturday at the Board Room of Islami Bank Tower in the city. Bank’s chairman of the Board of Directors, Prof Abu Nasser Muhammad Abduz Zaher presided over the meeting, says a press release. Board MeetingEngr. Eskander Ali Khan, representative of Al-Rajhi Co. for Ind. & Trade, KSA, Md. Abul Hossain, Representative of Investment Corporation of Bangladesh, Dr. Areef Suleman, Representative ...

FIs should focus on green business in lending policies

Banks and non-banking financial institutions should focus on Green Business while sanctioning loan to protect the environment from pollution, said speakers in a conference in Dhaka on Friday. Speakers in the ‘SR Asia Second International Conference 2013’ on ‘responsible business conduct to safeguard the people’s issues and environment by managing hazardous waste’ urged the government to formulate environment-friendly policies in this respect. SR Asia, CIRDAP and BangladeshBankTrainingAcademy jointly organised the two-day conference. green-business

Taka stable against Dollar last week

remmitanceThe local currency maintained stable tone last week against the greenback and traded around 77.75 levels. We feel the market will see the same tone next week as well. The average daily inter-bank USD/BDT transaction volume was about USD 56.58 million against around USD 26.71 million of the week before, reports FE. Most of the banks kept their published foreign exchange rates unchanged this week. The USD/BDT selling rates for importers of major foreign and private banks wa...

GO-NGO partnership in Bangladesh a good example in combating graft

Building a sound government-NGO partnership in combating graft is a good practice  in Bangladesh that can be replicated in many other countries, speakers observed at a function in Panama City. The special event on Bangladesh organised on the sidelines of the 5th Conference of State Parties (COSP-5) of the UN Convention against Corruption (UNCAC) being held this week, according to a Foreign Ministry release issued on Friday. stop corruptionThe event titled ‘Opportunities and Challenges in Government-Civil Society Eng...

India fears Bt brinjal release in Bangladesh

Food security activists who secured a moratorium on introducing genetically modified Bt brinjal (aubergine) into India fear that their efforts are being undermined by the release of GM brinjal in neighbouring Bangladesh. “India and Bangladesh share a long and porous border and it is easy for GM  brinjal varieties to be brought over,” says Suman Sahai, director of Gene Campaign, a Delhi-based research and advocacy group devoted to the conservation of genetic resources and indigenous knowledge. bt brinjal 22GM brinjal is spliced wit...

AG office supersedes High Court in Bangladesh: AHRC

The Asian Human Rights Commission (AHRC) said, it has learned that direct intervention from the Attorney General's Office of Bangladesh is preventing the release of ASM Nasiruddin Elan, Director of Odhikar, a Bangladesh based human rights organisations, despite the High Court (HC) having granted bail to the prominent human rights defender. That the Attorney General’s Office (AG office) can impede a high court order so easily, is a telling example of the rule of lawlessness in Bangladesh, says a AHRC press release. AHRC
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