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Habibur re-elected as PBL chairman

The 35th Annual General Meeting (AGM) of Pubali Bank Limited was held at bank’s auditorium on May 10, 2018. Chairman of the Board of Directors of Pubali Bank Ltd. was re-elected Habibur Rahmanunanimously in its 1161st Board Meeting after Annual General Meeting. Eminent Industrialist and social worker Habibur Rahman has been re-elected as Chairman of the Board of Directors of Pubali Bank Ltd. for 02(two) years. Mr. Habibur Rahman is a renowned businessman and engaging himself with various s...

200 years on, Marx is still relevant

In September 1999, the BBC launched an online poll to find the greatest thinker of the millennium. Karl Marx, a great German philosopher and pioneer of the international communist movement, topped the list, leading Albert Einstein, Isaac Newton and even Charles Darwin with a clear margin. Born in the Rhineland city of Trier on May 5, 1818, Marx lived in an era of drastic transformation. In that year, Britain was planning to build the world’s first railway, Prussia initiated the establishment of a customs union, and French peasants continued to flee their homes into cities because of heavy taxation, reports XINHUA. In the decades after his death, bourgeois governments introduced numerous reforms designed

Bangladesh: Food assistance fact sheet

Attacks by armed actors on Burmese security posts in August 2017 and subsequent military operations in Rakhine state, home to the majority of Rohingya Muslims in Burma, has caused a major humanitarian crisis in neighboring Bangladesh. The violence in Burma has forced approximately 693,000 Rohingya refugees to flee to southeastern Bangladesh, joining more than 213,000 Rohingya living in the country prior to August 2017, according to the UN. Most of these refugees currently reside in temporary settlements near Cox’s Bazar, where they rohingya-child...
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Transparency, accountability in public fund management

Increase of tax collection, fund allocation and ensuring transparency and accountability in public fund management, poverty alleviation, reducing the income disparity should get most priority in the upcoming national budget. According to World Health Organization’s report 52 lakhs peoples are living under poverty line in the country who do not have access to   proper health care service. So, sufficient amount of budget must be allocated for health sector for providing maximum health service to the rural poor and hard core poor people of the country, so that they could fully engage in economic main stream activities-speakers told at a seminar in the city on Saturday.

Pathao to launch mobile wallet next year

Pathao, a ride-hailing app in Bangladesh, plans to launch its own mobile wallet next year to reduce consumer reliance on cash payments. “Payments is a big challenge. Bangladesh is a cash-based economy and most of the transactions Bitcoinhappen over cash,” Pathao’s CEO and co-founder, Hussain Elius, told CNBC’s “Street Signs” last week. “However, we are very excited to move into the e-transaction space and just next year, we are launching our own wallet,” he said, adding that switching to e-payments would take time as people are “s...

CSE Shariah Index revised

The CSE Shariah Index has been revised on the basis of performance of the CSE listed companies. The new index will be effective from 10 May 2018. CSE Shariah index is reviewed twice in a year. The new 6 companies which have been included are BDCOM ONLINE LIMITED, EASTERN CABLES LIMITED, MONNO CERAMIC INDUSTRIES LTD, NAHEE ALUMINUM COMPOSITE PANEL LTD., UNITED POWER GENERATION & DISTRIBUTION COMPANY LIMITED and GQ CSE LOgoBALLPEN INDUSTRIES LIMITED. On the other hand, 15 companies i.e. ACI FORMULATIONS LIMITED, AFTAB...
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