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Olam offers wheat at $268.47/T in Bangladesh import

Olam International made the lowest offer of $268.47 a tonne to sell 50,000 tonnes of wheat to Bangladesh in a tender, an official from the state grains buyer said on Monday. Five bidders took part in the tender, the second issued by the government’s grain purchasing authority in the current fiscal year which started in July. wheatThe offer from the Singapore-based trading firm, which includes freight, insurance and other expenses, was lower than the lowest offer of $270 a tonne from Glencore in the previous tender last month. Olam’s offer will be submitt...

German wants ‘open’ debate about immigration

The German government says it wants a debate about immigration but adds there’s no place in the country for those who incite hatred against religious or ethnic minorities. german immigrationAnti-Islam rallies in German cities have been growing in recent weeks. More than 10,000 people are expected to attend such a protest Monday in Dresden. Members of Germany’s far right have been among the protesters. Government spokesman Steffen Seibert told reporters Monday that those demonstrating should “think about who they are joi...

Community radio celebrates girl power

Two community radio projects in Bangladesh supported by WACC have won awards for “their outstanding contribution in championing girls’ and young women’s empowerment issues.” The two stations were among five to receive the Girl Power Award for 2014, presented in Dhaka in late November by the Bangladesh NGOs Network for Radio and Communication (BNNRC) in collaboration with Plan International Bangladesh. Community RadioThe two projects supported by WACC under its community radio initiative are: Community Radio Padma 99.2 was ...

IBBL donates warm clothes to Red Crescent Society

Islami Bank Bangladesh Limited (IBBL) donated two thousand pieces of blankets to Bangladesh Red Crescent Society for distributing among the cold affected destitute people. DSC_0159Engr. Mustafa Anwar, Vice Charman of the Bank handed over the blankets to Prof. Dr. MS Akbar, MP, Chairman of Bangladesh Red Crescent Society on 15 December 2014 at the Society office. Abdus Sadeque Bhuiyan, Executive Vice President and Head of Development Wing, AHM Latif Uddin Chowdhury, Executive Vice President and Head of Corporate Responsibility Affairs Divis...

SJIBL 208th Board Meeting held

The 208th meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held at its Boardroom recently. 208 Board JPGThe meeting was presided over by the Chairman of the Board of Directors Mr. A. K. Azad. The board approved a number of investment proposals and discussed various issues relating to policy matters of the Bank. Among others Vice-Chairmen of the Board Alhaj Mohammad Younus and Alhaj Md. Abdul Barek, Directors Alhaj Sajjatuz Jumma, Alhaj Akkasuddin Mollah, Alhaj Engineer Md. Towhidur Rahman,...

SA countries growth would continue at 6-8pc

Speakers at ICAB seminar on Sunday, 14 December 2014 predicted 6 to 8 per cent economic growth in South Asia countries. Market integration, rise of the middle class, human mobility and high remittances are the key drivers that contributed to this growth, they said. Members ConferenceThe Institute of Chartered Accountants of Bangladesh (ICAB) organized the seminar on   “South Asian Economies: The Growing Power” at its auditorium in the city. Dr. Ahsan H. Mansur, Executive Director, Policy Research Institute of Bangladesh co...
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