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bangladesh

Price sensitive info of BBS

The Board of Directors of Bangladesh Building Systems Ltd (BBS ) announced its price sensitive information in a meeting held recently at the Corporate Head Office of the Company. The meeting approved the audited financial statement for the year ended 30the June' 2016. bbs-logoThe Board recommended 10 percent stock dividend and 5 percent cash dividend for the financial year 2015-2016 subject to approval of the shareholders in the 13th AGM of the company. The 13th AGM will be held on 20 December' 2016.

Investment opportunities in Infrastructure Development

Bangladesh economy is moving on a stable path, despite external and internal challenges. With positive near-term macroeconomic outlook, declining inflation, rising reserve, contained fiscal deficit and stable public debt, which indicates brighter prospects. The country is among the top 12 developing countries, who achieved 6 plus percent growth in 2016. According to experts by any standards, Bangladesh economy is doing well and expected to achieve above 7% GDP this fiscal, according to the editorial of the current News Bulletin ((July-September 2016 issue) of International Chamber of Commerce-Bangladesh (ICCB) released today. The key challenges for Bangladesh in FY 16 were acceleration of private investments and the better use of public sector resources to implement important infrast...

Economy grows faster than forecast in FY 2015-16

Bangladesh’s economy grew 7.11 percent in the 2015-16 financial year that ended in June, the planning minister said on Tuesday, slightly faster than initially expected. Gross domestic product was projected at 7.05 percent for the year ended in June, Mustafa Kamal told a news conference, up from 6.5 percent the previous year when political unrest crippled the economy. Economy PhilipinesThe government aims to boost growth to 7.2 percent in the current financial year. Garment exports and remittances ...

10 Minute School wins Digital World 2016

10 Minute School has won the Swiss Embassy Award for Social Impact at Seedstar Dhaka. Finance Minister, Abul Maal Abdul Muhith; State Minister for ICT Division, Junaid Ahmed Palak and Head of Political, Economic and Cultural Affairs of The Embassy of Switzerland in Bangladesh, Christoph Fuchs handed over the prize to the 10 Minute School team at the recently concluded Digital World 2016. Shyam Sunder Sikder, Secretary, ICT Division; Mustafa Jabbar, President, BASIS were also present on the occasion. image-1With sup...

IBA wins Battle of Minds 2016

‘Battle of Minds’ is a great opportunity for the young talent who dreams of success in life,” said Dhaka North City Corporation Mayor Annisul Huq at the Grand Finale of Battle of Minds, a recruitment platform of British American Tobacco Bangladesh on Monday (Oct 24). Institute of Business Administration (IBA) of Dhaka University won the Battle of the Minds 2016. BUET became the first runners-up, followed by North South University. The grand final of the Battle of Minds arranged by British American Tobacco Bangladesh was bom-16<...

4cr people remain food insecure in Bangladesh

Bangladesh’s four crore people have remained food insecure although the country has achieved food sufficiency and improved access to food, according to the World Food Programme (WFP). In its Strategic Review of Food Security and Nutrition in Bangladesh, the UN agency said an alarmingly large number of people still remain food insecure and hungry: one-quarter of the population was food insecure in 2014, which amounts to 40 million people. Among them, some 11 million people were found to suffer from acute hunger. Even larger numbers remain vulnerable to food insecurity in the face of periodic shocks.
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