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BB wins int’l award for mobile banking

Bangladesh Bank (BB) has won an international award for promoting financial inclusion policies. bb awardThe Alliance for Financial Inclusion (AFI), a global network of financial policymakers from developing and emerging countries, awarded the BB for its outstanding contribution in making policy for mobile banking, said BB Deputy Governor Abul Quasem at a press conference at its headquarters on Wednesday. The announcement of the award was made by the AFI at its Global Policy Forum (GPF) meeting in Port of Spain, Trinidad and Tobago today. ...

Re-adjustment in CSE-30

CSE reviewed the performances of the listed companies for inclusion in CSE-30 Index and finalized the results of the half-yearly review of CSE Indices as per the set criteria. dse cseThe Regulatory Affairs Division of CSE approved a list of 30 constituents for the CSE-30 index for the upcoming period of 6 months. According to the review, 7 new constituents were included in the CSE-30 replacing the earlier ones. <...

Bangladesh Agribusiness Report Q4 2014

Recently published research from Business Monitor International, "Bangladesh Agribusiness Report Q4 2014", is now available at Fast Market Research The report holds a cautious outlook towards the Bangladesh agriculture sector. The latest finding of high levels of toxic substances in poultry feed bring much cause for concern has it reflects on the low food safety standards employed by the country, even in the country's largest agriculture sector. pariza rice panicleIndeed, structural problems still plague the industry. I...

$10m fund for fire, building safety

safety-team-buildingThe International Finance Corporation (IFC)—a member of the World Bank—and VF Corporation, an American retail giant, will provide $10 million to the Bangladeshi suppliers of VF to ensure fire and building safety.

VF, the parent company of many well-known brands like The North Face, Vans, Wrangler and JanSport, will provide a full corporate guarantee in support of the loan, IFC said in a statement yesterday.

The f...

Cabinet approves MoU with India to rescue trafficking victims

The Cabinet on Monday approved a proposal to sign a memorandum of understanding with India for the rescue, repatriation and rehabilitation of human trafficking victims. The decision was taken at a meeting chaired by Prime Minister Sheikh Hasina, reports Bangla daily Prothom Alo. bd-indiaAccording to a report prepared by the United Nations Organisation on Drugs and Crime (UNODC) this year, in Bangladesh, the number of reported incidents of human trafficking is on the rise. Bangladesh is seen primarily as a source and transit country for human traffi...

LNG terminal project still stuck ‘in red tape’

State-owned Petrobangla is yet to receive clearance from ministries concerned to sign its final deal with a Singapore-based US company to build a floating LNG terminal in Cox’s Bazar, although over two months have elapsed after it initialed a draft agreement. Industry insiders apprehend that it may delay the implementation process of the important energy infrastructure even though the government attaches top priority to it. LNGOfficials said the draft deal was inked between Petrobangla and the US firm—Astra Oil & Excelerate Energy Consortium—on J...
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List of CSE-30 constituent Companies w. e. f.   September 08, 2014