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ICAB team off to Nepal

A team of the Institute of Chartered Accountants of Bangladesh (ICAB) led by its President Masih Malik Chowdhury FCA left to Kathmandu, Nepal to participate in SAFA Board meeting , other committee meetings, CAPA events and the meeting with the SAARC Secretary General. ICABOther members of the team are; ICAB Council Member & Past President Muhammed Farhad Hussain FCA, Anwaruddin Chowdhury FCA, Md. Syful Islam FCA, Md Abdus Salam FCA and Council Member Muhammad Farooq FCA. ICAB President will participate in a meeting with the SAARC Secretary Gener...

SBAC Bank sponsors Junior Table Tennis

Mr. Md. Rafiqul Islam Managing Director & CEO of South Bangla Agriculture & Commerce (SBAC) Bank Limited handed over a cheque amounting taka 0.8 million to Abdul Karim, the president of Tannis FederationBangladesh Table Tennis Federation (BTTF) as the sponsors of the National Junior Table Tennis  recently. Mr. Md. Ghulam Nabi,  Head of Human Resource Division, Mr. Abu Baizid Sheikh, Head of Banking Operation Division of the SBAC Bank and high officials of the BTTF were also present there.

Non-farm activities generate the bulk of rural income

Rural households earn more from non-farm activities than agriculture due to the low price of farm products and lack of an appropriate marketing system, a recent survey by Bangladesh Bureau of Statistics found. Of their average annual income of Tk 91,739, 22.77 percent comes from agriculture sector and 77.23 from the non-agriculture sector, according to the Rural Credit Survey 2014. The reason, according to Khondker Ibrahim Khaled, former chairman and managing director of Krishi Bank, was that the production cost for agriculture is much higher, which may have eaten into the incomes, the Daily Star reports.

Remittance mostly used in consumption: ILO

Use of remittance in Bangladesh is still more in consumption than investment even after receiving billions of dollars from migrant workers for over three decades, according to a latest finding. The International Labour Organisation (ILO) in its study found out the causes of such unproductive state of the foreign exchanges the country’s overseas workers send home, thr Financial Express reports. ILOIt points out lack of policy and programmes, including absence of awareness-building campaigns and training for migrating workers and families dependent on ...

SDGs could be a game-changer for water

Suppose money was being deposited and withdrawn from your bank account, but you didn’t know how much. And suppose you knew you had bills coming due, but you didn’t know when or what amount would be required to cover them. Worse, what if you discovered that money was being siphoned from your retirement account to cover the shortfall in your checking account? How confident would you feel about your financial stability? People collect water at a refugee camp for Muslims displaced by violence earlier this year outside Sittwe

Govt declares ‘Agar’ as small industry

Considering the empowerment at the grassroots and its contribution to economic activities, the government has declared 'Agar' as a small industry. SME-FoundationThe decision was taken at a meeting of executive committee of National Council for Industrial Development in the meeting room of Industries Ministry with Minister Amir Hossain Amu in the chair. "'Atar' extracted from the 'Agarwood' is a sought-after perfume worldwide and its demand in the international market is huge. That is why, we are declaring it as a small industry," Amu said...
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