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bangladesh

Banks’ donation for PM relief fund

Islami Bank Islami Bank Bangladesh Limited provided Tk.5 (five) crore to the Prime Minister's Relief and Welfare Fund. Prime Minister Sheikh Hasina received the cheque from Arastoo Khan, Chairman and Md. Mahbub ul Alam, Managing Director & CEO of the bank at Ganobhaban on 13 April 2018 Friday. Md Nazrul Islam Majumder, Chairman, Bangladesh Association of Banks (BAB) along with the Chairmen and top executives of different banks were present in the program. SIBL Shahjalal Islami Bank Limited donated Tk. 5 Crore to Prime Minister’s Relief and Welfare Fund on 13th April 2018. The Chairman of Executive Committee of the Board of Directors of the Bank Mr. Anwer Hossain Khan handed over the Cheque to the Hon’ble Prime Minister Sheikh Has...

Socio-economic development of Bangladesh

Highlighting achievements of Bangladesh in socio-economic development during the last decade, the Bangladesh High Commissioner to Pakistan Tarik Ahsan said here on Tuesday that Bangladesh got prominent position among the South Asia countries due to women empowerment, disaster management, primary healthcare, sanitation, primary education and economic growth rate. He said this while speaking in a discussion session on `Socio-Economic Development of BD FamilyBangladesh: A People's March Forward' organized by Bangladesh High...

Myanmar minister assures Rohingya repatriation a priority

A Myanmar minister told Rohingya Muslim refugees in Bangladesh on Wednesday their repatriation was a priority, during the first visit by a top Myanmar official to victims of what the United Nations says was “ethnic cleansing” by the Myanmar army. Social Welfare Minister Win Myat Aye, who is leading rehabilitation efforts in Rakhine State, met about 50 newly arrived refugees in the Kutupalong refugee camp in southeast Bangladesh, according to Mohammed Shamsud Douza, the deputy Bangladesh government official in charge of the refugees. ROHINGYA

LafargeHolcim top executive to arrive in city

Ms. Caroline Luscombe, Member of the Executive Committee and Head of Human Resources of LafargeHolcim Group, is arriving in Dhaka tomorrow (Thursday, 12 April, 2018). During her visit, Ms. Luscombe will be meeting the LafargeHolcim Bangladesh leadership team as well as high profile HR professionals, business Leaders and customers. Caroline LuscombeA British national, Ms. Luscombe has been a member of the Executive Committee of LafargeHolcim Group since July 2016, and is responsible for Human Resources. Sh...

Non-performing loans: Curse for sustainable growth

Now that Bangladesh has graduated to developing country all efforts should be made to strengthen the banking sector which is the backbone of the economy. The requirements and challenges of many to a developing country must not be ignored and the best way to do this is strengthening the capital & liquidity ratio of the banks, according to the editorial of the current News Bulletin (Jan-Mar’ 2018) of International Chamber of Commerce-Bangladesh (ICCB) released on Wednesday. Non-Performing Loans (NPL) is one of the issues that is impacting capital adequacy of the industry specially the eight state-owned commercial and specialized banks. For decades, state-owned banks have been the prime leader to the large corporate borrowers particularly in the industrial sector of the economy. ...

$ 515m WB assistance to Bangladesh

The government today signed two financing agreements totaling $ 515 million with the World Bank (WB) to help expand electricity transmission network and improve insurance coverage. The agreements were signed by Economic Relations Division (ERD) Additional Secretary Mahmuda Begum and World Bank Country Director Qimiao Fan on behalf of the government of Bangladesh and the World Bank, respectively, at the ERD. The $450 million Enhancement and Strengthening of Power Transmission Network in Eastern wbRegion Project will improve reliable ele...
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