Govt incurs Tk 5.83cr loss for duty dodge by mobile brands
The government has suffered a loss of over Tk 5.83 crore as revenue in a year from import of only five brands of mobile handsets as a group of unscrupulous traders dodged the duty through under-invoicing of the prices. According to official data, a total of 81,566 mobile handsets of five brands—Lava, 5 Star, TINMO, G Five and Wimax—were imported during December 2013 to December 2104 period. Describing the scenario as a horrific state of evading duty, the sector insiders said the amount would be even larger if the entire picture is brought into consideration, reports the Daily Sun.
WB-funded projects plagued by corruption
The World Bank-financed several developing projects have allegedly been marred by graft, angering the bank that asked the government to return the funds by June this year.
Due to unfair tendering and procurement processes, some projects ended up in the hands of unqualified companies which failed to execute them at the required level, officials said.
The largest multilateral lending agency recently wrote to the Economic Relations Division (ERD) about the projects afflicted by corruption as procurement and bidding processes were not followed in accordan...
Due to unfair tendering and procurement processes, some projects ended up in the hands of unqualified companies which failed to execute them at the required level, officials said.
The largest multilateral lending agency recently wrote to the Economic Relations Division (ERD) about the projects afflicted by corruption as procurement and bidding processes were not followed in accordan...
Farmers-friendly banking for boosting crop production
Speakers have asked the branch managers and other field staffs of Rajshahi Krishi Unnayan Bank (RAKUB) to speed up its farmers-level lending activities for boosting agricultural production to meet up the gradually increasing food demand.
They said all the credit programmes of the bank should be need- oriented and emphasis should be given on reaching banking services to the doorstep of the farmers, reports the Financial Express.
They were addressing a daylong monthly performance review meeting of branch managers and field staffs under ...
They said all the credit programmes of the bank should be need- oriented and emphasis should be given on reaching banking services to the doorstep of the farmers, reports the Financial Express.
They were addressing a daylong monthly performance review meeting of branch managers and field staffs under ...
World Malaria Day: Celebrating and looking to the future
Malaria mortality rates have decreased by nearly half since 2000 – but a lot still remains to be done, blogs Thidiane Ndoye, Plan USA Deputy Director of Health, ahead of World Malaria Day on 25 April.
23 April 2015: In the last 15 years, Malaria has gone from being a neglected disease to one that is a priority for the international health 
community and for governments. Plan International began implementing malaria programmes in the 1990s and began to form partnerships with governments, non-governmental organisations and communities.
...
community and for governments. Plan International began implementing malaria programmes in the 1990s and began to form partnerships with governments, non-governmental organisations and communities.
...
AIBL EC Meeting held
The 484th meeting of Executive Committee of the Board of Directors of Al-Arafah Islami Bank Limited (AIBL) was held at the Board Room of the Bank on 23 April, 2015. Alhajj Abdul Malek Mollah, Vice Chairman of the Committee presided over the meeting. The Meeting 
reviewed overall business performance of the Bank.
Members of the Committee Alhajj Nazmul Ahsan Khaled, Alhajj Hafez Md. Enayet Ullah, Alhajj Ahamedul Hoque, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Managing Director of the Bank...
reviewed overall business performance of the Bank.
Members of the Committee Alhajj Nazmul Ahsan Khaled, Alhajj Hafez Md. Enayet Ullah, Alhajj Ahamedul Hoque, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Managing Director of the Bank...
SC Johnson to acquire brands from ACI
SC Johnson & Son Inc. said Friday it has acquired three brands from Advanced Chemical Industries Limited (ACI), a company based in Bangladesh.
The move adds ACI Insecticides, Angelic Air Care and the Vanish Brand of Toilet Cleaners to S.C. Johnson's product portfolio, which also includes Glade, Pledge, Scrubbing Bubbles, Windex and Ziploc.
"These brands will help us strengthen our footprint in the growing Bangladesh market," said Fisk Johnson, S.C. Johnson's chairman and CEO, in a statement.
S.C. Johnson, a private firm ...
The move adds ACI Insecticides, Angelic Air Care and the Vanish Brand of Toilet Cleaners to S.C. Johnson's product portfolio, which also includes Glade, Pledge, Scrubbing Bubbles, Windex and Ziploc.
"These brands will help us strengthen our footprint in the growing Bangladesh market," said Fisk Johnson, S.C. Johnson's chairman and CEO, in a statement.
S.C. Johnson, a private firm ...
