The government of Bangladesh will speed up plans to import rice that it brought in to build reserves and rein in local prices after flash floods hit domestic output, government officials said on Thursday.
As part of that, a Bangladeshi delegation is now in Vietnam to finalize imports of the staple grain in a government-to-government deal, said a procurement official, declining to be
identified as he was not authorized to speak with media. He did not give further details on the transacti...
Mr. Md. Arfan Ali, President & Managing Director of Bank Asia poses with the participants of a program titled “Agent Banking Activities and Operational Procedures” held at Bank Asia Institute for Training & Development (BAITD), Lalmatia, Dhaka today (Thursday, May 25, 2017).
Mr. Md. Azharul Islam, Vice President (VP) & Head of BAITD, Mr. Md. Ahsan Ul Alam,VP & Head of Agent Banking Division, Mr. Golam Gaffar Imtiaz Chowdhury, VP & Head of Lalmatia Branch, Mr. Sujit Kumer Sen, AVP (BAITD) and Mr....
Bangladesh faces formidable challenges in moving to a higher growth path of 8 percent plus GDP to become a middle income country. The foremost challenge lies with the stagnant private investment followed by weak institutional capacity to implement development projects. To achieve its goal of middle-income country status by 2021 and to accelerate inclusive growth as well as reduce poverty and income inequality, the country will require a substantial increase in yearly investments from 29.0% of GDP in FY2015 to 34.4% of GDP by FY2020, said ICC Bangladesh President Mahbubur Rahman while presenting the Executive Board Report at the ICC Bangladesh Annual Council held in Dhaka on Thursday (25 May).
Bangladesh economy embraces 2017 with some other challenges that include declining remittanc...
Merger-related costs have forced Robi to incur a hefty loss of BDT 1.7bn at the end of Q 1 2017. The high taxation regime coupled with heavy investment demands is putting tremendous strain on the company’s cost structure, discouraging sustained investment. Although the network integration work is going on smoothly, the absence of tech-neutrality facility is making it difficult to ensure expected Quality of Service.
YoY PERFORMANCE (Q1 17 vs Q1 16)
After successful completion of Robi-Airtel merger in November 2016, year 2017 started with an expectation to provide best customer service in the country. Meeting the expectation, Robi
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Chittagong Stock Exchange Limited arranged an in-house training program on May 25, 2017 at their conference hall on Stock Market Product and Financial Instrument for their Executives to enhance the skill development. In the inaugural session Mr. M. Shaifur Rahman Mazumdar, FCA, FCMA, Managing Director, CSE urged “For the rapid development of capital market we
have to ensure sustainable growth of capital market”
The in-house training program jointly organized by Chittagong Stock Exchange Limited and City Bank Capital, the investme...
IBCF Research & Training Academy arranged a daylong workshop on "Shariah Principles of Distribution of Profit to Participating Fund: Global & National perspective" held on Saturday May 6, 2017 at BAB office, Gulshan Dhaka. 26 top & mid Level Executives of 13 Islamic Banks and conventional banks having Islamic Banking Branches & windows took part in the workshop. The participants discussed the pros and cons of the weightage based system and the Income Sharing Ratio based system and recommended further study for introduction of an uniform system of distribution of profit to Mudaraba Depositors.
Mr. Arastoo Khan, Chairman of Islamic Banks Consultative Forum & Islami Bank Bangladesh
