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bangladesh

FX reserves slip from record high

Bangladesh's foreign exchange reserves edged down to nearly $27.14 billion by January-end from a record high of $27.49 billion in the previous month, but were up 23 percent from a year earlier, the central bank said on Monday. A senior central bank official attributed the drop in January to a rise in imports; the reserves forexare enough to cover more than seven months of imports. Garment exports and remittances from Bangladeshis working overseas - two mainstay revenue generators - have helped foreign exchange reserves grow s...

Business Festival begins at SUST

A two day long ‘Business festival-2016’ has began  at Shahjalal University of Science and Technology (SUST) campus yesterday(Sunday). Department of Business Administration was arranged the festival with the slogan of ‘let’s learn outside campus’. A colorful procession was brought out in the campus yesterday in this connection at the first sustday of the program.  Later, some outdoor and indoor game competition was held in the campus as a part of the events. Head of the department Professor Dr Nazrul Islam, Convener of the festi...

39 dead as migrant boat capsizes off Turkey

At least 39 migrants, including several children, have drowned trying to cross the Aegean Sea from Turkey to Greece, coastguards say. More than 60 have been rescued from the sea near the Turkish resort of Ayvacik. Local officials say they expect the death toll to rise when the capsized boat is searched. Thousands of refugees and migrants continue to make the dangerous sea journey from Turkey to Greece to seek asylum in northern Europe. [caption id="attachment_21633" align="alignleft" width="540"]turkey-1wb_0 Turkish...

Exemplary punishment of Eakub’s killer demanded

Teachers and students of Jahangirnagar University (JU) demanded exemplary punishment on Thursday for a truck driver who killed JU student through his reckless driving. The demand came at a human chain around at 11.00 am ahead of main entrance of the campus. JU PiCOver 100 students and teachers took part the protesting programme. Later they also brought out a rally on the campus. Shahab Enam Khan, Chairman of IR, said, it is a shameful incident for our nation. Lack of proper management and reckless driving, we have lost many...

Robi, Airtel agree to merge operations

Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Bharti”), today signed a Definitive Agreement to merge their respective telecommunication subsidiaries in Bangladesh; namely, Robi Axiata Limited (Robi) and Airtel Bangladesh Limited (Airtel). The agreement follows the 9 September 2015 announcement of both parties entering into an exclusive discussion to explore possibility of combining the business operations in Bangladesh. Post-merger, the combined entity operating as Robi will serve approximately 40 million customers. The joint strengths of Robi and Airtel will deliver the widest mobile network

Visitors throng IBBL pavilion in DITF

Month-long Dhaka International Trade Fair 2016 is going to be concluded. The fair gets momentum during the last moments with a large presence of visitors and customers. The business companies and service providers participated in the fair are passing busy time to deliver products and services to the overflowing visitors. Like previous years, Islami Bank Bangladesh Limited is providing special services to customers and visitors at the trade fair this year by setting up an eye-catching pavilion. The customers and eager visitors thronged to the IBBL pavilion for banking services and information. The visitors are happy with banking services and information in the fair premises. Stepped into the main entrance of the trade fair, eyes stuck on IBBL pavilion, a piece of artwork
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