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bangladesh

ADB to help develop regional transport projects

Bangladesh will receive a $30 million loan from the Asian Development Bank (ADB) to help develop transport corridors to stimulate trade in the region, a senior official said on Friday. adb1Senior finance ministry official Mohammad Mejbahuddin and Kazuhiko Higuchi, Bangladesh country director for the Manila-based ADB, signed the agreement in Dhaka. "The assistance will be used to undertake technical studies and to prepare designs for future investments in large infrastructure projects in railways and roads sectors," Mejbahuddin told Reuters. “The assistance...

29 to vie for each seat at SUST Admission Test

Twenty nine aspirants will vie for each seat at admission test for honors 1st year 1st semester under the academic year 2015-16 of Shahjalal University of Science and Technology (SUST) under two units. The university admission authority informed that a total number of 41,285 applicants will vie against 1,448 seats sustunder 26 departments while 15,967 candidates submitted their applications against 613 seats under unit ‘A’ and 25,318 candidates against 835 seats under unit ‘B’. Starting on October 13, the Short Massage Sending (SMS) ba...

Robi holds Internet4Youth session in Sylhet

Leading mobile phone operator Robi has organized Internet4Youth session under its Corporate Responsibility program at the Sylhet Divisional Public Library. Around 50 young male and females of Sylhet took part in the session. The session was designed to promote responsible use of internet among youth. Through an engaging session, youth of Internet4Youth @ SylhetSylhet were informed about how to use internet to supplement their learning process and were made aware about how it could be used to help them plan their future. ...

BASIC Bank holds its 26th AGM

The Annual General Meeting (AGM) of BASIC Bank Limited was held on Thursday, October 29, 2015 at Head Office of the Bank. AGM- PictureMr. Alauddin A. Majid, Chairman of the Board of Directors presided over the meeting. Mr. Gokul Chand Das, Additional Secretary, Bank and Financial Institutions Division, Ministry of Finance attended the meeting as the representative of the Bank’s sole shareholder the Govt. of Bangladesh. Among others, Mr. Hasan Mahmood, FCA and Mr. Md. Mamun-Al-Rashid - members of the Board of Directors, Mr. Khondoker Md. Iqbal ...

UNWTO to help boost Bangladesh tourism

Taleb Rifai, the Secretary General of United Nations World Tourism Organization (UNWTO) has promised Bangladesh full cooperation to develop its tourism sector. He said those while addressing at a conference at Bangabandhu International Conference Centre on ‘Developing Sustainable and Inclusive Buddhist Heritage and Pilgrimage Circuits in South Asia’s Buddhist Heartland’ Wednesday. “Bangladesh is entering a new era of touriem. Cooperation from the UN and ADB will continue,” UNWTORifai said. He also assures that the UNWTO will work closely with Banglades...

BB launches instant fund transfer system

Bangladesh Bank (BB) launched Real Time Gross Settlement (RTGS) with 55 banks today. “Introduction of RTGS would enable instant transfer of funds between banks and institutions,” said Governor Atiur Rahman at the inauguration of the service at the BB headquarters in Dhaka. bbInitially 5,000 branches of 55 banks will be able to render the service to its customers. Rahman said the system will have a substantial impact on current operations in the banks, particularly in the area of treasury, payment division, corporate banking and cash management. RTGS facil...
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