Browse Author

bdreports24

BB to appoint consultant to beef up security

Bangladesh Bank (BB) has decided to appoint a permanent consultant to oversee its IT and overall security measures, a senior official said. “We are now working on hiring the consultant, who will be employed under an annual contract,” the official told The Daily Star, wishing not to be named. The BB took the decision after it lost $101 million to cyber thieves from its foreign currency bbreserve account with the Federal Reserve Bank of New York on February 5. The money was wired to the Philippines and Sri Lanka. At the request of...

IBBL celebrates its 33rd anniversary

Islami Bank Bangladesh Limited (IBBL) organised a get-together and discussion on the occasion of its 33rd anniversary at Muhammad Yunus Auditorium of Islami Bank Tower on March 30, 2016, Wednesday. Engr. Mustafa Anwar, Chairman of the bank was present in the program as Engr. Mustafa Anwar, Chairman of the bank was present in the program as chief guest. Presided over by Mohammad Abdul Mannan, Managing Director, Engr. Md. Eskander Ali Khan, IMG_6760Chairman, Executive Committe, Md. Abul Hossain, Director, Zakiuddi...

Key challenge to accelerate private investments in BD

Bangladesh has successfully come out from LDC to a lower middle income group. However, in order to be categorized as a middle income country by 2021, Bangladesh has to consistently maintain the status for the next six years. But without a solid industrial base, adequate infrastructure, un-interrupted power supply, exploration of natural resources (gas, coal etc.), skilled works force etc., it will be difficult to sustain the present growth rate or even achieve higher growth, said ICC Bangladesh President Mahbubur Rahman while he was presenting the Executive Board Report. Bangladesh will require increasing GDP growth to 7.5 to 8 percent per year based on accelerated export and remittance growth. Both public and private investment will need to

Cricket 360 App relieves anxious fans

Cricket fever has truly gripped the nation. With the tigers’ growing stature in the world stage, fan following has increased manifold in recent times. No matter what we do, we always have an eye on the latest happenings on the cricket field around the world. As the proud sponsor of the Bangladesh National Cricket team, Robi has recently come up with a unique solution named Robi Cricket 360 App that allows the millions of cricket fans to stay connected with the game of their love and passion. This innovative mobile app offers exclusive

ICD goes into strategic alliance with AIBL

Al-Arafah Islami Bank Limited (AIBL), a leading Islamic bank in the country, announced on 29 March 2016 its strategic partnership with Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group. With this international footstep, AIBL is expected to attract growth capital of around USD 20 million from ICD through 10% equity subscription in the capital of AIBL. Mr. Khaled Al Aboodi, the CEO of ICD stated that this strategic initiative reflects ICD’s continuous effort to play a catalyst role in the promotion of Islamic finance and private sector development in Bangladesh. Earlier, ICD committed USD 110 million for the manufacturing,

Mahindra PreTUPS™ 6.4 for electronic recharge

Mahindra Comviva, a global leader in mobility solutions, announced the launch of PreTUPS™ 6.4, a smarter and advanced version of its widely deployed electronic recharge and prepaid management solution on 29 March, 2016. PreTUPS™ is a proven solution deployed by over 55 mobile operators in more than 40 countries globally. It has been integrated successfully with all the major IN platforms. Today, 10% of the world population’s recharge is done through PreTUPS™ powering mobile services for 840 million people globally. PreTUPS™ 6.4 takes electronic recharge and prepaid management to the next level by providing new features that add efficiency to the prepaid business. This new version is being deployed by many leading
Verified by MonsterInsights