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bangladesh

Meghna Bank holds 3rd AGM

The 3rd Annual General Meeting of Meghna Bank Limited was held on March 28, 2016 at The Westin, Dhaka. Meghna bank AGM Final FinalChairman of the Bank Mr. H. N. Ashequr Rahman MP presided over the meeting. Newly elected Vice Chairman Mr. Md. Yasin Ali, Former Vice Chairman Mr. Abdul Alim Khan Selim, Managing Director & CEO, Mr. Mohammed Nurul Amin, All Directors and Sponsors of the Bank attended the meeting. In the AGM, 6 percent cash dividend for the shareholders of ...

Facebook contest from Bikroy.com

This Pohela Boishakh, Bikroy.com is launching an exciting Facebook contest with great prizes to celebrate the start of the New Year. To participate: Share the photo of your desired product on your own timeline as a publicpost from the “NotunBochoreNotunPonno, Bikroy-e AajShobarJonno” album on Bikroy.com’s Facebook page. (https://www.facebook.com/bikroy). Note: if the post is not marked as public, we will not be able to see it, and your entry will not be counted. Get all your friends to like your post. You will be judged on the basis of number of likes on your

Sino-Bangla JV to construct $1.56b power plant in Patuakhali

Bangladesh-China Power Company Limited (BCPCL) will invest $1.56 billion in a coal-fired plant near a proposed sea port south of Dhaka to produce 1,320 megawatts (MW) of electricity by 2019, the head of the joint venture (JV) said on Wednesday. Two units with a capacity of 660 MW each will be set up at Dhankhali in Patuakhali district, 319 kilometers (199 miles) south of Dhaka and close to the proposed Payra sea port, said A.M. Khurshidul Alam, BCPCL’s managing director. bangladesh-and-china-flag

BB to appoint consultant to beef up security

Bangladesh Bank (BB) has decided to appoint a permanent consultant to oversee its IT and overall security measures, a senior official said. “We are now working on hiring the consultant, who will be employed under an annual contract,” the official told The Daily Star, wishing not to be named. The BB took the decision after it lost $101 million to cyber thieves from its foreign currency bbreserve account with the Federal Reserve Bank of New York on February 5. The money was wired to the Philippines and Sri Lanka. At the request of...

Key challenge to accelerate private investments in BD

Bangladesh has successfully come out from LDC to a lower middle income group. However, in order to be categorized as a middle income country by 2021, Bangladesh has to consistently maintain the status for the next six years. But without a solid industrial base, adequate infrastructure, un-interrupted power supply, exploration of natural resources (gas, coal etc.), skilled works force etc., it will be difficult to sustain the present growth rate or even achieve higher growth, said ICC Bangladesh President Mahbubur Rahman while he was presenting the Executive Board Report. Bangladesh will require increasing GDP growth to 7.5 to 8 percent per year based on accelerated export and remittance growth. Both public and private investment will need to

Mahindra PreTUPS™ 6.4 for electronic recharge

Mahindra Comviva, a global leader in mobility solutions, announced the launch of PreTUPS™ 6.4, a smarter and advanced version of its widely deployed electronic recharge and prepaid management solution on 29 March, 2016. PreTUPS™ is a proven solution deployed by over 55 mobile operators in more than 40 countries globally. It has been integrated successfully with all the major IN platforms. Today, 10% of the world population’s recharge is done through PreTUPS™ powering mobile services for 840 million people globally. PreTUPS™ 6.4 takes electronic recharge and prepaid management to the next level by providing new features that add efficiency to the prepaid business. This new version is being deployed by many leading
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