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INVL Tech to open businesses in Bangladesh

Companies controlled by INVL Technology, which invests in IT businesses, are expanding international activities. The NRD group of companies, which already last year began implementing projects in Bangladesh, and the cybersecurity firm NRD CS in October of this year started the process of registering the new NRD Bangladesh Ltd, completion of which is planned by year-end. Once this new firm is established, companies controlled by INVL Technology will have representation in nine of the world’s countries. To date they have a corporate presence in Lithuania, Latvia, Estonia, Moldova, Norway, Tanzania, Rwanda and Uganda. ‘We’re continuing the active investment phase, seeking to invest in national-level businesses

BD imports from top 10 source countries more than 67pc

67 per cent imports of Bangladesh are now coming from top 10 source countries. In the last fiscal year (FY) 2015-16, the countrys total exports were valued at $36.75 billion. This excludes that of the Export Processing Zones, according to the Bangladesh Bank (BB) data. In FY16, the actual import payments, in free on board value, stood at $39.71 billion. On the moneyother hand, China followed by India were the largest source of the countrys imports. In the last fiscal year, imports from China stood at $9.64 billion which was $8.2...

Govt sets goal $ 5b in 2021 from leather industry: Tofail

The government has set a goal to export five billion US dollars from the leather and leather goods industry under Vision 2021 which marks the 50 year anniversary of independence. Commerce Minister Tofail Ahmed, MP, disclosed this in a three-day long international exhibition inauguration ceremony titled ‘Leathertech Bangladesh-2016’ held in city’s International Convention City, Bashundhara Wednesday. The Commerce Minister said, “Government expects to export 60 billion dollar in 2021 from image-2which Readymade garments sec...

Bank Asia provides Foundation Training to its officers

Bank Asia provided a 23-day Foundation Training to its 27 (twenty-seven) officers in an effort to improve their professional efficiency. Mr. A Rouf Chowdhury, Chairman of Bank Asia handed over certificates to the participants of pix-39the 39th Foundation Training Course at Bank Asia Institute for Training & Development at Rangs Bhaban, Tejgaon, Dhaka today (Thursday, 3 November 2016). Mr. Rumee A Hossain, Chairman of Board Executive Committee, Mr. Mian Quamrul Hasan Chowdhury, Deputy Managing Director, Mr. Aminu...

AIBL inaugurates ATM Card for Agent Banking

Al-Arafah Islami Bank Limited (AIBL) has started the ATM Debit Card operation for its agent outlets on 2 November 2016. Chairman of the Bank Alhajj Abdus Samad (Labu) inaugurated the Card at the Head Office of the Bank. Managing Director Md. Habibur Rahman presided over ceremony. Among others, Deputy 20161103_aibl_agent_atm_pressManaging Directors Kazi Towhidul Alam, Md. Abdul Jalil, Md. Fazlul Karim, Muhammad Mahmoodul Haque, S. M. Jaffar and other top executives of the Bank were ...

Supun leaves for Dialog Axiata

Robi officials have bid farewell to their immediate-past Managing Director and CEO, Supun Weerasinghe at an employee townhall event held on Tuesday evening, 1 November 2016. On that evening, Supun handed a cricket bat to Mahtab Uddin Ahmed, the company’s first Bangladeshi Managing Director and CEO. The cricket bat had “From Lankan Lion to Bengal Tiger” inscribed on it, marking the completion of the smooth succession at Robi’s top leadership position. Supun will return to Dialog Axiata Plc, Sri Lanka's premier connectivity provider in the image-1
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