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bangladesh

IBBL opens branch at Monohardi, Narsingdi

Islami Bank Bangladesh Limited (IBBL) opend the Monohardi Branch as its 295th branch at Monohardi in Narsingdi on Tuesday (August 18, 2015). Mohammad Abdul Mannan, Managing Director of the bank inaugurated the branch as chief guest. [caption id="attachment_19047" align="alignright" width="540"]Monohordi Mohammad Abdul Mannan, Managing Director of Islami Bank Bangladesh Limited inaugurating the Bank’s 295th Monohardi Branch at Monohardi in Narsingdi on August 18, 2015. Muhammad Abul Bashar, Deputy Mangaing Direcotor, Md. Manzur Elahi, Chairman, Narsi...

Robi offers best Hajj Roaming rates

In line with Robi’s, “Simple and Affordable” International Roaming offers, the company has unveiled special Hajj roaming offer with monthly & daily data roaming plan for the Hajj pilgrims departing from Bangladesh. It is estimated that over 100,000 Bangladeshis each year take part in the biggest religious congregation of the world- Hajj. Like previous years, Robi has endeavored to be an integral Image on Englishcommunication partner of the honorable Bangladeshi Hajj pilgrims by introducing simple and affordable Hajj roaming offer. ...

BUFT team visits Sri Lanka

A high level team of BGMEA University of Fashion and Technology (BUFT) headed by Mr. Muzaffar U. Siddique, Founder of BUFT & the Chairman of the Board of Trustees made an exposure visit to Sri Lanka from  9 to 14 August 2015. pic  BUFT Team  Visit to SrilankaThe visit was organized by MDF Consultancy of Netherlands which is implementing the project NICHE/BGD/199 with NUFFIC financing under the title “Corporate Social Responsibility, SRHR and Innovative Leadership in the Ready Made Garments Sector of Ba...

Stocks tumble for 3rd straight day

Stocks tumbled for the third straight day on Monday in absence of fresh fund injection while selling of shares for cash dragged the indices further down. The broader index at the Dhaka Stock Exchange (DSE) sank into the red at the last week’s close that extended this week in the past two trading sessions, reports BSS. “Market is following industry specific fundamentals and economic cues. Investors are watching market triggers closely before setting next trade”, said Lanka Bangla Securities Limited (LBSL). dseThe DSEX lost 15.79 points to close the sessio...

Garment exports decline in July

Exports of readymade garments from Bangladesh registered double-digit decline in the first month of financial year 2015-16, according to the latest government data. In July 2015, Bangladesh earned $2.215 billion in garment exports, showing a decrease of 12.02 per cent compared to exports of $2.518 billion made in the corresponding month of the previous fiscal, Export Promotion Bureau data showed. The decline in the value of garment exports was in tune with the 11.96 per cent drop in overall exports by Bangladesh during the month. One reason for the decline in exports is the holiday

Leather exports slump amid environment concerns

Country’s tannery industry looks set to suffer a big blow as demand for finished leather and leather products in major international markets has been plunging amid grave concerns over the environmental hazard created by the country’s leather industry. Sector insiders say July exports further reflected the sluggish trend that in the country’s leather industry has continued over the last couple of years, Xinhua reported. “Demand for Bangladesh’s finished leather and leather products has been squeezing in international markets owing to concerns over environmental hazard,” said a former president
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