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Jamuna Bank’s Protection Plus arrives

Recently one of Bangladesh’s largest bank, Jamuna Bank Limited has joined forces with IT Consultants Limited (ITCL) and specialist insurance providers MicroEnsure, to launch a free insurance scheme offer to all their Debit Card holders through “Protection Plus”. Shafiqul Alam, Managing Director & CEO, A.K. M. Saifuddin Ahamed, Deputy Managing Director, Jamuna Bank Ltd., Osman Haidar, Director Business Development and Mir Rashedul PRHossain, Country Manager, MicroEnsure were present at the launching ceremony. This innovative and...

Samsung announces 2nd Bali Trip winner’s name

Firoze Mohammad, Head of Business, Consumer Electronics, Samsung Electronics Bangladesh and Mohammad Nahid Hasan, Product Manager, Transcom Electronics Limited (Samsung’s authorized distributor) is handing over the prize mnemonic to Nahid Akter Jahan, the second week’s winner for Bali Trip of Samsung’s mega offer of ‘The Grand Invite’. Nahida Bali Trip Week 2 WinnerNahid Akter Jahan won the trip after buying a Microwave Oven from the Samsung authorized showroom of Transcom in Mal...

Annual performance contract of BHBFC signed

On 30 June, 2016 the Annual Performance Contract (2016-2017) of BHBFC was signed between Bank & Financial Institutions Division of Ministry of Finance and Bangladesh House Building Finance Corporation. BHBFC222Md. Eunusur Rahman, Secretary of Bank & Financial Institutions Division, presided over the function while Shaikh Aminuddin Ahmed, Chairman, Board of Directors & Dr. Daulatunnahar Khanam, Managing Director (Add. Charge) signed the contract on behalf of BHBFC. High officials of Finance Division and other...

JS passes Finance Bill, 2016

The Finance Bill, 2016 was passed in the Jatiya Sangsad today as determined by the House with some changes to tax and customs duties. Finance Minister Abul Maal Abdul Muhith proposed passage of the bill that included the implementation of government's financial proposals and amendments to several laws. The bill was introduced in the House on June 2. bd-parliament1Opposition bench member Kazi Feroz Rashid proposed publishing the bill for eliciting public opinion by July 5, 2016, while JP lawmakers Nurul Islam Oma...

Govt moves forward with Rooppur

Just days after the Bangladesh Atomic Energy Regulatory Authority (BAERA) issued the first site licence for the Rooppur nuclear power plant, the country’s cabinet has approved the draft of an intergovernmental agreement that will see Russia provide $11.38 billion in credit for the project. The licence - allowing preliminary site works, including geological surveys, to begin at Rooppur - was presented to Bangladesh Atomic Energy Commission chairman Ali Zulqarnain by BAERA chairman Naiyyum Chowdhury, in a ceremony held in Dhaka on 21 June. The ceremony was followed by the second meeting of the Joint Coordinating Committee on the

Forex reserves crosses $ 30b mark

Bangladesh’s foreign exchange reserves have crossed the $30bn mark amid a boom in inflow of remittances ahead of one of the biggest Muslim religious festivals - Eid al-Fitr that marks the end of the holy month of Ramadan. A senior official of the Bangladesh Bank (BB) who did not like to be named said yesterday that forexthe country’s foreign exchange reserves reached a record amount of $30,001.88mn on Monday, reflecting the country’s strength from the economical and financial point of view.” Officials reported an increase in ...
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