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bangladesh

BHBFC profits Tk 166.98cr during 2015-16 FY

Bangladesh House Building Finance Corporation (BHBFC) earned profits of Tk. 166.98 crore during the fiscal year 2015-16. From July 2015 to June 2016, the Corporation gained income totaling Tk. 245.18 crore. BHBFC-300During the same time of the last fiscal year the amount was Tk. 242.89 crore. Recovery from loan was 518.40 crore in 2015-2016 FY, which is significant increase of 35.67 crore than the previous year. Loan sanction and disbursement were 260.91 crore and 247.38 crore respectively at that time. Classified loa...

Huawei inaugurates 1st-ever CSIC in Bangladesh

 Huawei, a leading global information and communications technology (ICT) solutions provider, today launched the first-ever ‘Customer Solution Innovation and Integration Experience Center’ (CSIC) in Bangladesh to showcase innovative technologies in real-time. The inauguration ceremony took place at Huawei Bangladesh CSIC Centre in Dhaka. Ms. Tarana Halim, Honorable State Minister for Posts and Telecommunications Division, Government of the People’s Republic of Bangladesh, graced the occasion as the Chief Guest. She talked about ICT development in various developed countries with Huawei’s employees

IBFB denounces attacks on Gulshan cafe

International Business Forum of Bangladesh (IBFB) expresses deep shocks and saddens by the dreadful, horror and inhuman terrorist attacks over the innocent and unarmed Bangladeshi and Foreign Citizens at the Holey Artisan Bakery at Gulshan, Dhaka on 1st July 2016. IBFB deeply mourns over the barbarous keeling and death of 20 innocent human beings, and earnestly pray that their dedicated departed souls may rest in eternal peace. IBFB most humbly conveys its deepest condolences to the bereaved family members and Dhaka Attack

BATB abuses children in its supply chain: Swedwatch

In its Smokescreens in the Supply Chain report, the Swedish NGO blamed British American Tobacco (BAT), the world’s third largest tobacco company, for “expanding cultivation into new countries without adequately addressing human rights challenges”. Swedwatch said it had identified widespread child labour issues and severe health issues in BAT’s Bangladeshi supply chain. Frida Arounsavath, a researcher at Swedwatch, told EurActiv.com that the workers producing tobacco for BAT Bangladesh (BATB) were farmers, their wives and children, and also hired agriculture labourers, as well as their family members. “Children and adults alike report health problems from exposure to pesticides, absorption of nicotine through the skin when handling the leaves (the acute poisoning is called Green...

Robi appoints new CEO from Nov’ 16

Robi Axiata Limited (“Robi”), announces the appointment of its new Chief Executive Officer (CEO), as part of its ongoing efforts towards developing and promoting talents from within. Accordingly, Mr Mahtab Uddin Ahmed will be taking over as the Chief Executive Officer (CEO) and Managing Director of Robi, in Bangladesh replacing Mr. Supun Weerasinghe to be effective from 01 November 2016. Going forward post succession, Mr. Supun Weerasinghe will return to Dialog Axiata Plc (Dialog), Sri Lanka’s premier connectivity provider as the successor to the incumbent Group CEO, Dr Hans Wijayasuriya to be effective from 01 January 2017. Mr Mahtab, currently seconded to Axiata Group for a special assignment will return to Robi’s Leadership team from 01 September 2016 in the capacity of the Deputy...

Potential earthquake could jeopardize millions in BD

A potentially giant earthquake may be building up beneath Bangladesh and eastern India and could endanger as many as 140 million people, a study said on Monday. The earthquake is not imminent but inevitable as sections of the earth’s crust press against one another, according to the study published in the journal Nature Geoscience. No estimate on when such a quake may occur is possible without additional research, the earth hourstudy’s lead author Michael Steckler, a geophysicist at Columbia University in New York, ...
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