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bangladesh

7th Plan aims at faster poverty reduction, LCG told

The government in its upcoming 7th Five Year Plan aims at a faster pace of poverty reduction through higher GDP growth and better income distribution. It was stated at the Local Consultative Group Plenary Meeting held today at the NEC Conference Room here, reports BSS. 7th PlanThe Economic Relations Division (ERD) organized the meeting to share the core outlines and features of the 7th Five Year Plan with the development partners, said a press release. Finance Minister Abul Maal Abdul Muhith was present at the meeting as ch...

Shajgoj promises to cater demand for beauty tips

After working for about ten years in the telco industry, Nazmul Sheik, co-founder of Shajgoj, was eager for a fresh challenge. At the time he was stationed in Nigeria as a consultant with MTN, Africa’s largest telecommunications provider, and earned a decent salary. Despite a fairly luxurious lifestyle and strong career growth prospects, Sheik felt his job was boring and mundane. His home country of Bangladesh was experiencing a spurt of economic growth and Sheik was convinced there were opportunities waiting for him. He soon quit his job to move back home. shajgoj

PRAN-RFL CEO passes away

The Chief Executive Officer (CEO) of PRAN-RFL Group, Major General (Retd.) Amjad Khan Chowdhury passed away today. He was 75. He had been suffering from cardiac ailments and diabetes since a long time and was admitted to Duke Medical of North Carolina, USA for treatment, said Kamruzzaman Kamal, the group’s director of marketing. PRA_RFL CEOAmjad Khan, who first took Bangladeshi brand abroad successfully and pioneered in establishing food processing in the country, was born in Natore in 1940. He was educated at Dhaka and graduated from Pakista...

SK C&C completes construction of backbone networks

SK C&C unveiled on July 6 that it has successfully completed a project to establish Bangladesh’s national backbone network system, called an “Expressway for Informatization.” For two years and seven months since 2012, the company has implemented the project to connect 368 websites of the central government and public organizations through a single backbone network and control fiber-optic cable networks, transmission networks, and Internet networks across the country. Lee Soo-youngThe 32 billion won (US$29 million) project has now enab...

Bangladesh Consortium, IFC launch $ 50m credit facility

The Alliance for Bangladesh Worker Safety (Alliance) has brokered a first-of-its-kind agreement with the International Finance Corporation (IFC) to help suppliers finance factory repairs. Through the resulting credit facility, the IFC will provide USD $10 million each to five Bangladeshi banks—USD $50 million total—for affordable loans to factory owners making necessary safety repairs. rmg“We are pleased to join forces with the IFC to launch this initiative, which promises to provide much-needed support to factory owners, speed the process of implementing repairs and h...

Robi brings new postpaid acquisition pack

Robi has recently launched a new postpaid acquisition pack. With attractive features, this postpaid pack is designed to meet the changing need of the customers. Anyone can get the new Robi Postpaid pack with free connection. But the customer needs to make a security deposit of BDT 500 which will allow him usage exposure worth BDT500 (re-fundable). Also customers will enjoy lowest flat rate of 10p/10sec to any operator’s number (24hrs.) & 35p/SMS to any local operator & 50p/MB PPU internet charge by default. There is no line rent with this pack. robi-1-300x215
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