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AIBL approves 15pc dividend for 2015

Al-Arafah Islami Bank Ltd (AIBL)  has approved 10% Cash Dividend & 5% Stock Dividend for the year ended on 31st December 2015 in its 21st Annual General Meeting (AGM) held on 27 April, 2016 at Al-Arafah Islami Bank Bhaban, Head Office (Proposed), 63, Purana Paltan, Dhaka. The meeting was presided over by Badiur Rahman, Chairman, Board of Directors of the Bank. Directors Alhajj Abdul Malek Mollah, Alhajj Hafej Md. Enayetullah, Alhajj Ahamedul Haque, Alhajj Abdus Samad, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Alhajj Abdus Salam, Alhajj Niaz

New DU alumni leaders take charge

A. K. Azad and Ranjan Karmaker, newly elected president and general secretary respectively of the 40-member executive committee of Dhaka University Alumni Association (DUM), took charge on 25th April 2016 for the next three years. Dhaka University Alumni JPGRakib Uddin Ahmed, the association's former president, handed over the responsibilities to them at a programme held in its office at Dhaka University's (DU's) Nabab Nawab Ali Chowdhury Senate Building. Azad is the chairman of Ham...

More community radio in offing: Inu

The government would further expand community radio in private sector in order to provide platform for citizens to raise their voices, especially for the masses at the grassroots, Information Minister Hasanul Haque Inu said today. Inu revealed this information to visiting Assistant Secretary General of the United Nations Howe Liang Zhu, who is now in the city on a four-day visit to Bangladesh, said an official release. “We have taken the decision (for more community radios) to bring the marginalized people at inuthe mainstream of...

WB revises up oil price for 2016

The oil price up will go up to $41 a barrel this year when agriculture produces will be cheaper, the latest market update of the World Bank (WB) said. The WB its latest Commodity Markets Outlook attributed the rebounding oil prices to the improving market sentiment, a weakening dollar and receding supply. The projection is 13.51 percent higher from its previous forecast of $37 a barrel, reports BSS. The WB revised forecast came only two days after Bangladesh government cut the prices of major petroleum products, ranging from 4.41 percent to 10.41 percent. wb

IS promises violence in Bangladesh

The Islamic State (IS) is expanding its reach around the globe, and its latest focus is on Bangladesh. In the newest edition of its glossy magazine, Dabiq, the head of Islamic State operations in Bangladesh, Sheikh Abu Ibrahim al-Hanif, discussed the group's goals for the country. The group has carried out some small attacks in the country, but it wants to conduct a large attack to boost its credentials among local jihadists and promote the interests of the larger organization. As has been the case elsewhere, however, established jihadist groups in Bangladesh pose a challenge to the Islamic State's ambitions. In the interview that appeared in the April 13 edition of Dabiq, al-Hanif listed a range of

Pearson, TÜV SÜD expand English exams portfolio in BD

The Academy division of TÜV SÜD, the German consultancy, testing and certification giant and Pearson have announced the expansion of their PTE (Pearson Test of English) Academic exam model. PTE Academic is the world’s world's leading computer-based test of English for study abroad and immigration. The test module of PTE Academic can be availed by aspiring students applying to international universities or for a UK or Australian visa that requires proof of their English proficiency. PTE Academic allows an applicant to schedule tests as quickly as twenty-four hours in advance, sit a single three-hour test session and receive results within five business days. The reading,
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