SME Foundation provides loan to light engineering industry

Small and Medium Enterprise Foundation (SME Foundation) allocated Tk 3 crore for the light engineering entrepreneurs of Dholaikhal and adjacent areas on the outskirt of the capital on Thursday. smeThe SME Foundation signed an agreement with Midas Financing Ltd which will enable the investors in the light engineering industry at Dholaikhal to get loan at a single-digit interest rate, reports UNB. SME Foundation managing director Md Ihsanul Karim and Midas Financing Ltd managing director ...

WB provides $ 410m to improve Bangladesh basic urban services

The World Bank (WB) has approved $410 million to improve municipal governance and basic urban services in district towns and municipalities in Bangladesh and benefit 3.4 million people in around 100 urban communities across the country. The Municipal Governance and Service Project will provide financial support to 26 urban government bodies with high economic growth and job creation potential, located along growth corridors leading from Dhaka towards Chittagong, Rangpur, Sylhet, Mymensingh. It will also cover three district towns in the south. “Bangladesh experienced some of the most rapid urbanization in South Asia. Yet, the cities offer inadequate infrastructure and low levels of urban services, particularly in district towns and municipa...

Bangladeshi expatriates in KSA happy over more recruitments

The Bangladeshi expatriates working in the Kingdom heaved a sigh of relief following a recent announcement by their government that Saudi Arabia would recruit more laborers from the country. Khandker Mosharraf Hossain, Bangladesh expatriate welfare minister, had announced that Saudi Arabia would be recruiting 400 more laborers from Bangladesh. Their immigration process would be accomplished at a much lower price of 17,500 Taka each, as against the hefty amount of up to 500,000 Taka they used to pay agents to come to Saudi Arabia. KSA, India Mohammad Jahangir, a Bangladeshi working i...

DU Pro-VC distributes certificates among trainees

DhakaUniversity (DU) Pro-Vice Chancellor (Admin.) Prof. Dr. Shahid Akhtar Hossain is seen distributing certificates among the participants of a week-long training program on “The Use, Maintenance and Trouble-shooting of Ultra-Violet, Visible and Infrared Spectrophotometer (UV-VIS & IR)” at the concluding session of the program on Thursday, January 16, 2014 at the Centre for Advanced Research in Sciences (CARS) of the university. _DSC0252The training program was organized by Network of Instrument Techn...

IBBL inaugurates annual business development confce

A two day-long annual business development conference of Islami Bank Bangladesh Limited (IBBL) was inaugurated on Thursday at a local Hotel in the city. Eng. Mustafa Anwar, Acting Chairman of the Bank was present in the Conference as Chief Guest while Engr. Md. Eskandar Ali Khan and Professor NRM Borhan Uddin, Ph.D, Chairman, Audit Committee were present in the function as special guests. Business Development Conference 2014Presided over by Moha...

AIBL opens 35th ATM Booth at Nandipara

Al-Arafah Islami Bank Ltd (AIBL) has opened its 35th ATM Booth at Nandipara in the capital on Thursday. Managing Director of the Bank Md. Habibur Rahman inaugurated the new booth as Chief Guest. 20140116 - AIBL ATM Booth Opening Press ReleaseAmong others, Managing Director of Sicily Garments S M Morshed, Executive Vice President of the Bank Syed Masodul Bari, Senior Vice President Md. Nazmus Saadat, Senior Vice President Engr. Md....