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bangladesh

IBBL donates Tk 2cr for PM’s Relief Fund

Islami Bank Bangladesh Limited (IBBL) has donated  Tk 2 crore for the Prime Minister's Relief and Welfare Fund. Engineer Mustafa Anwar, Chairman of the Bank handed over a cheque of the said amount to the A0Z6615Prime Minister Sheikh Hasina at Ganobhaban  while Bangladesh Association of Banks (BAB) congratulated her on receiving United Nations’ highest environmental accolade ‘The Champions of the Earth’ and ‘ICT Sustainable Development Award’ on Monday ( October 12, 2015). Nazrul Islam Majumder, Chairman of Bangladesh Association of Banks was present o...

Pro-AL teachers sweep JU Senate Poll

The pro-Awami League teachers swept the teachers’ representative Senate of Jahangirnagar University (JU) on Sunday. A total of 25 out of 33 posts were bagged by 'Bangabandhur Adarsha o Muktijuddhar Chatonai Biswasi Progotisil Shikkhok Somaj Panel' while the pro-BNP and left-leaning teachers bagged 8 seats. JU476 out of 497 voters were cast their votes which was held at the JU Teacher’s club from 9.30 am to 2.00 pm with enthusiastic manner. From the pro- AL Panel, ' Prof. Ajit Kumar Majumder, Prof. Kowshik Saha, Prof. Tapan Kumar Saha, Prof. Farid Ahmed, Prof. Ha...

Offshore Taka bond program, IFC to strength capital markets

IFC, a member of the World Bank Group, announced on October 11 that it has received an approval from Bangladesh’s Ministry of Finance for the first ever offshore Taka bond program. The $1 billion-equivalent bond program aims to strengthen capital markets and increase foreign investment in Bangladesh. Under the program, IFC will issue the first Taka-linked bonds in the offshore market and bring IFCthe proceeds back to finance investment in Bangladesh. The bonds will be listed on the London Stock Exchange, according to IFC. “Domestic capital markets are critica...

AML guidelines for co-operative societies

Bangladesh Bank (BB) has issued an anti-money laundering (AML) guidelines for co-operative societies to help combat money laundering and terror financing. Issuing the guidelines on October 7, the central bank asked all the co-operative societies to follow it accordingly to keep their activities and services protected from the risks of money laundering and terror financing. bangladesh_bankThe guidelines suggested all the co-operative societies to set up a central compliance unit or contact point under the direct supervision of the head o...

Alison Blake to succeed Robert Gibson

The United Kingdom on Monday announced Alison Blake as the next British High Commissioner to the People’s Republic of Bangladesh in succession to Robert W Gibson. “Blake will take up her appointment in January 2016 as Robert W Gibson will be transferring to Allisonanother Diplomatic Service appointment,” the Foreign and Commonwealth Office (FCO) of the United Kingdom said this in its website. According to the FCO website, Alison is a native Londoner, with a keen interest in ancient and modern history, which she studied at Oxford University. After c...

Cabinet endorses partisan local govt polls

The Cabinet on Monday approved drafts seeking amendments to four laws and framing of an ordinance, aiming at holding local government elections on partisan basis, through party nomination and symbol. The decision, subject to the vetting of the law ministry, was taken at the regular weekly meeting gov1of the Cabinet held at Bangladesh Secretariat with prime minister Sheikh Hasina in the chair. With such proposed amendments to the laws, the nominated candidates of different political parties registered with the Election Commission or independent candidates wi...
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