International Chamber of Commerce (ICC) – Bangladesh, The world business organization is organizing jointly with The Vietnam Chamber of Commerce & Industry (VCCI) a workshop on “International Trade Finance, ADR, Logistics and Business Development” in Vietnam on 21-23 April 2016 for Bankers from Bangladeshi banks. Around 88 bankers from 21 Banks including Bangladesh Bank and 20 commercial banks and also from Energy Ministry, Petro Bangla, NBR, Bangladesh Navy & Law Firm, some 80 bankers and businesses of Vietnam will be participating at the workshop together with Bangladeshi bankers.
The main objective of the Workshop is to allow the Bangladeshi bankers to interact with their counterparts in Vietnam and to under...
MasterCard, Western Union(WU), bKash, one of the world’s leading mobile financial service (MFS) providers and BRAC Bank launched a new, international remittance receiving service in Bangladesh on Monday (18-04-2016). The new service enables bKash’s registered customers to use their mobile phones to receive remittances from abroad directly into their bKash accounts.
Bangladesh is the eighth1 largest receiver of international remittances in the world, and therefore the new service stands to improve the ease and convenience with which millions of people are able to receive money from their loved ones abroad - a vital lifeline for many families.
The new service builds on the unprecedented success of bKash, which has attracted more than
Islami Bank Bangladesh Limited (IBBL) signed an agreement with Ria Money Transfer (Ria) to provide remittance payout services in Bangladesh at a function held recently at Islami Bank Tower.
Mohammad Abdul Mannan, Managing Director of Islami Bank, Abdus Sadeque Bhuiyan, Deputy Managing Director of Islami Bank and Mr. Suhail Shamsi, Business Development Director, South Asia for Ria, along with other senior officials of Islami Bank, attended the function.
The new service allows cash payout at any Islami Bank branch across Ba...
Aimed at improving the socio-economic conditions of the farmers and alleviating poverty, the government has launched National Agricultural Technology Programme (NATP-2) with an outlay of Taka 1,878 crore.
Over 28,40,000 farmers families would be benefitted after the implementation of the project in 270 upazilas under 57 districts by September 2021, reports BSS.
The Executive Committee of the National Economic Council (ECNEC) today approved the NATP-2 project along with seven other development projects at its 26
th meeting in current fiscal held at the NEC conference room in the city’s Sher-e-Bangla Nagar. ECNEC Chairperson and Prime Minister Sheikh Hasina chaired the meeting.
On Feb. 4, $101 million dollars of Bangladesh’s foreign exchange reserves were stolen from its account at the Federal Reserve in New York. Only about $20 million have been recovered so far, and it still isn’t known who took the money or where it ended up. The heist is being described as one of the biggest bank robberies in history.
But it’s hardly the first time tens of millions of dollars have vanished from Bangladesh’s banks. The high-flying cyberscam at the Federal Reserve pales in comparison with the routine plunder of Bangladesh’s financial system, including by some of its purported guardians.
The country’s six state-owned commercial banks (SOCBs) control around one-quarter of all bank assets in the country but have on outsize influence on the economy thanks to their connecti...
A new study has found that Bangladesh can increase its fish production by about 0.75 million metric tonnes by converting 0.5 million hectares of floodplains into aquaculture by 2017.
If the floodplain areas are brought under the coverage of aquaculture by the period, the country will be able to earn additional Tk 75,000 million (US$ 1,000 million) apart from creating huge jobs, the FinancialExpress reports.
Bangladesh Shrimp and Fish Foundation had the report made by four independent researchers with financial support from World Fish.
