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6.8pc growth in 2017: World Bank

Bangladesh’s growth in 2017 will be 6.8 percent, the World Bank has said in a report. The global lender, in its report Global Economic Prospect released Sunday, attributed the decline in growth to sliding remittance and shrink in internal demand and industrial production. Finance Minister AMA Muhith has projected for a GDP growth of 7.4 percent for the fiscal wb2017-18 in the budget he proposed. However, he himself said it was an ambitious budget. Last year, the growth target of overcoming the “6 percent growth trap” was overcome as...

Hindu Bangladeshis illegally entering Assam since 1971

At a time when various organisations are protesting against the settlement of Hindu migrants from Bangladesh in Assam under the Citizenship Act, the Centre has declared that Hindu migrants have been entering the state even after March 25, 1971. According to a written statement by the Center, Hindu Bangladeshis have been illegally india-bangladesh-flag_0entering the state since March 25, 1971. It is a proof that the Center has vowed to shelter the religious migrants from Bangladesh even by amen...

BD Finance inks corporate loan deal with Ambala Foundation

Bangladesh Finance And Investment Company Limited (BD Finance) signed a corporate Loan agreement with Ambala Foundation on June 04, 2017 at the Head Office of BD Finance. Mr. Mohammad Masoom, Managing Director & CEO of BD Finance & Mr. Arif Sikder, Executive Director of Ambala Foundation signed the Agreement on behalf of their respective organization. Ambala Foundation is a non-political voluntary organization involved in various socio Pic-BD Financeeconomic development programs in our country. Under th...

CSE intends to make use of SSE platform

The Sustainable Stock Exchanges (SSE) initiative is a United Nations (UN) initiative, working as a partnership between the UN, UN-supported organizations, stock exchanges, investors, companies, regulators and governments. The SSE initiative is co-convened by four organisations – the United Nations Conference on Trade and Development (UNCTAD), United Nations Environment Programme Finance Initiative (UNEP FI), United Nations Global Compact and UN-supported Principles for Responsible Investment (PRI). The SSE initiative has its roots in the responsible investment workstreams of UNCTAD, Global

IBBL Foreign Exchange Branch holds Iftar Mahfil

Foreign Exchange Corporate Branch of Islami Bank Bangladesh Limited organized a discussion on ‘Role of Ramadan in attaining Taqwa” and Ifter Mahfil at Mohammad Younus Auditorium of Islami Bank Tower on June 5, 2017, Monday. Md. Abdul Hamid Miah, Managing Director & CEO of the Bank addressed the program as chief IMG_9317guest. Prof. Dr. Mohammad Abdus Samad, Member Secretary of Shariah Supervisory Committee of the bank spoke on the topic as chief discussant. Md. Shamsuzzaman, Abu Reza Md. Yeahia and Md. Taher Ahmed Chow...

Govt plans to speed up rice imports in wake of flooding

The government of Bangladesh will speed up plans to import rice that it brought in to build reserves and rein in local prices after flash floods hit domestic output, government officials said on Thursday. As part of that, a Bangladeshi delegation is now in Vietnam to finalize imports of the staple grain in a government-to-government deal, said a procurement official, declining to be pariza rice panicleidentified as he was not authorized to speak with media. He did not give further details on the transacti...
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