Browse Author

bdreports24

Tender issued to import 50,000 T wheat

Bangladesh has issued an international tender to buy 50,000 tonnes of wheat, the latest in a series of tenders as the country looks to replenish reserves, a procurement official said on Monday. The imports are part of a plan by the Directorate General of Food, the state agency, to ship in 850,000 tonnes of wheat in the current financial year, up from around 350,000 tonnes the previous year, Reuters reports. wheatThe deadline to submit offers under the latest tender is Dec. 5, with validity up to Dec. 15, and the wheat is to be shipped within 40 days of sign...

DBBL, Turkish Hope School sign deal on e-Payment

Dutch-Bangla Bank Ltd (DBBL) and Int’l Turkish Hope School have recently signed an agreement for e-Payment of the scholl’s student fees through DBBL Internet Payment Gateway by using DBBL Nexus Debit Card, MasterCard and Visa card. PictureBedrettin Suata, Chairman, Int’l Turkish Hope School and Md Kamruzzaman, Head of Personal Banking Division, DBBL signed the deal on behalf of their respective organizations. Under this agreement, the students of Int’l Turkish Hope School or their guardians will be able to pay various educational fees includin...

UCB conducts Trainee Officer Induction Programme

A Trainee Officer Induction Programme was conducted on Monday at the Corporate Head Office Learning & Development Centre of United Commercial Bank Ltd (UCB).

Muhammed Ali, honourable Managing Director of the bank inaugurated the induction programme, says a press release. UCBL conducts Trainee Officer Induction Program 2013 PicAmong others, Additional Managing Directors M Shahidul Islam, Mirza Mahmu...

NRBCB, VOSD sign agro-loan deal

NRB Commercial Bank (NRBCB) and Voluntary Organization for Social Development (VOSD) have recently signed an agriculture loan agreement at the head office of the bank for disbursement of agriculture loan facility of Tk 200 million. NRBCB & VOSDDewan Mujibur Rahman, MD and CEO of NRBCB and AKM Sajedur Rahman, Chairman of VOSD signed the agreement on behalf of their respective organizations, says a press release. Among others, Additional Managing Director ASM Bulbul, Deputy Managing Director Md. Shoaib Ahmed, Executive Vice President M...

October export growth hit the lowest in 14 months

The country’s export earning growth in October hit the lowest in 14 months to 2.03 per cent. In August 2012, the earning had posted a negative 17.89 per cent growth. Industry insiders have attributed the lower growth to production disruption for long due to Eid vacation and labour unrest in the garment sector as well as political turbulence. According to the EPB data, the export earnings rebounded in September of the current financial year with a 36.26 per cent growth but the growth decreased further in October. epb The export earning in July-Octob...

BB continues to purchase US dollars from banks

The central bank has continued to purchase US dollars from the commercial banks directly aiming at keeping the inter-bank foreign exchange market stable, officials said Sunday. "We've strengthened our intervention in the foreign exchange (forex) market recently to protect the interests of exporters and migrant workers by keeping the exchange rate of the local currency against the greenback stable," a senior official of the Bangladesh Bank (BB) told the Financial Expres (FE). He also said the BB is buying US dollars continuously from the banks to offset higher inflow of foreign exchange in the market. bb As part of the move, the BB ...
Verified by MonsterInsights