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edotco unveils strategic goals in Myanmar

 edotco Group Sdn Bhd (“edotco”) has today unveiled its strategic goals for empowering communications in Myanmar at the official launch of edotco operations in Myanmar. Together with its local partner, Yoma Strategic Holdings Ltd (“Yoma”), edotco is committed to the growth of its business in Myanmar, combining Yoma’s local market experience with edotco’s expertise in mobile tower and infrastructure sharing for the benefit of customers and this new market. edotco plans to invest US$200 million] over the next five years, with the aim to build and own up to 5,000 towers over the next three years. edotco Group Chief Executive Officer, Suresh Sidhu, remarked, “We are dedicated to establishing a high quality telecommunications network in Myanmar. This will be achieved

School Banking, Financial Literacy by Bank Asia

Aiming to create savings attitude among students through involving them in modern banking services and teaching kids about money management, Bank Asia organized a School Banking & Financial Literacy Program at Chhayanaut auditorium in the city recently. Mr. Muhammed Zahirul Alam, Deputy Managing Director of the Bank was present as the Chief ChhayanautGuest while Ms. Indranee Haque, Deputy Director of Bangladesh Bank, Mr. Afzalul Haq, Senior Vice President of the Bank, Mr. Mohammad Belal, Executive Officer of Chhaya...

Annual Business Conference of Midland Bank

Annual Business Conference 2016 of Midland Bank Limited was held in a city hotel recently on 17th January 2016. Mr. M Moniruzzaman Khandaker, Chairman of the Bank was present at the conference as Chief Guest. Mrs. Nilufer Zafarullah MP, Vice Chairman, Directors and Sponsors of the Bank were also MBLpresent on the occasion as Special Guests. Mr. Md. Ahsan-uz Zaman, Managing Director & CEO of the Bank presided over the conference. Heads of the Branches and Divisional Heads of Head Office were present in the day-long Conferen...

BASIC Bank Managers’ Conference held

The Managers' Conference, 2016 of BASIC Bank Limited was held on January 16, 2016 at the Bank's Training Institute. Mr. Alauddin A. Majid, Chairman of the Bank, was present on the occasion as the chief guest. Basic Bank MCMr. Khondoker Md. Iqbal, Managing Director of the Bank, presided over the conference. Deputy Managing Directors, Mr. Kanak Kumar Purkayastha, Mr. A. Q. M. Kibriya, General Managers, Branch In-charges and Divisional In-charges of the Bank were also present at the conference. In the conferen...

Bangladesh allows jute export to Pakistan

Bangladesh has allowed export of 11,000 tons of jute to Pakistan, which was booked before exports were banned in November 2015, but shortage may still occur as Islamabad has not taken up the matter with Dhaka to get the issue resolved immediately, says a local industry official. “Pakistan Jute Mills Association will meet local demand after receiving jute consignments for which letters of credit were established before imposition of the ban on exports by the government of Bangladesh,” a spokesman for the association said in a statement on Thursday. With sufficient supply, he said, the jute industry would be in a position to meet the demand of federal and provincial governments this year.

Unfinished highways a hurdle to economic dreams

Across the road from Dhaka airport, workers in bright yellow hardhats walk past rusting steel beams that show both the promise and risks facing Bangladesh’s economy. The piles of metal are meant to be the building blocks of the country’s biggest public-private venture — a 20-kilometer (13-mile) elevated road that will allow cargo trucks to bypass the capital’s crowded intersections. It will connect with a highway, now being widened to four lanes, to the main port of Chittagong. Plans are underway for another expressway running parallel that will slash the travel time to two hours from eight. When completed, the three projects would allow companies to quickly ferry goods along a 250-kilometer route that carries 90 percent of Bangladesh’s exports. Prime Minister Sheikh
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