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HSC students to get stipends thru mobile banking

Poor students of higher secondary level across the country will get their stipends and other financial assistance from the government through mobile banking system from now on. Girl With Mobile Smart PhoneThe education ministry, under the Higher Secondary Stipend Project (HSSP), will provide stipend and other assistance through mobile banking to 17.27 lakh poor students of around 7,000 educational institutions. The project began in July 2014 and will continue up to June 2017. The project goal is to provide a total of Tk 51,275....

Loan provisioning on MFs relaxed

The central bank has taken a couple of measures to help rejuvenate the country’s capital market, officials said. Under the measures, loan provisioning rules on mutual fund (MF) units was relaxed further on Sunday, considering the overall market situation, they added, reports the Financial Express. dse cseBesides, the Bangladesh Bank (BB) extended the time-limit by one more year on the same day for adjustment of ‘single-borrower exposure limit’ by the commercial banks for financing the operations of their subsidiaries, brokerage houses and merchant bank...

ADB to provide $505m loan for improving railway

The Asian Development Bank (ADB) and the government today (Sunday) signed agreement for $505 million loan to further improve the country’s railways that will help the national economy and boost subregional trade, reports BSS. Mohammad Mejbahuddin, Senior Secretary, Economic Relations Division (ERD), and Kazuhiko Higuchi, Country Director, Bangladesh Resident Mission of ADB, signed the agreement on behalf of Bangladesh and ADB respectively, at a programme at ERD, Sher-e-Bangla Nagar, Dhaka. adb1“The assistance will help railways better serve needs of...

Current gas reserve to last 16 years

With measured use, the country’s current gas reserve will last for about the next 16 years, state minister for power said in the parliament today. The country’s current gas reserve is 14.16 trillion cubic feet (TCF) until of June 2015, state minister for Power, Energy and Mineral Resources Nasrul Hamid said while replying to lawmakers’ queries. nasrul_hamid_bipuAs of May, 2015, he said, some 815.98 BCF gas was extracted in the current fiscal year and if this rate would continue, it would be possible to use the gas for abo...

Anti-drug rally at SEU

Southeast University (SEU) and its nine student’s clubs organized an anti-drug rally on Saturday at Kamal Ataturk Avenue in the capital to mark the International Day against Drug and Illicit Trafficking. [caption id="attachment_17449" align="alignleft" width="300"]Anti_Drug_rally Teachers and students of Southeast University are seen at an anti-drug rally on Saturday to mark the International Day against Drug and Illicit Trafficking.[/caption] Teachers, students and officials of SEU attended this rally spontaneously. Vice Chancellor of...

IBBL Shari`ah Supervisory Committee meet held

A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on June 28, 2015 Sunday at Islami Bank Tower. Mufti Sayed Ahmad, Vice-Chairman of the Committee and Mufti of Al Jamiatus Siddikiah Darul Ulum (Madrasha-e-Furfura Sharif) presided over the meeting. Prof. Dr. Abu Bakr Rafique, Member Secratery and Professor, International Islamic University Chittagong, Mohammad Siriajul Islam, Ex-Principal, Madrasha-E-Mesbahul Ulum, Dhaka, Abdur Raquib, Former Executive President of the Bank, Mufti Shamsuddin Zia, Mufti and DSC_0788
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