Bangladesh calls Thailand for trade talks
Bangladesh has called on the Thai government to schedule the next meeting of the two countries’ Joint Trade Committee for June, as there remain a wide range of trade issues to discuss, notably high Thai import duties on Bangladeshi products.
The JTC was created in the 1990s to enhance bilateral trade. Its last meeting was in Bangkok in 2013, and there many issues that need to be followed up, said Saida Muna Tasneem, the Bangladeshi ambassador.
The JTC, which is co-chaired by the commerce ministers of the two countries, was supposed to
ICA joins IFC, others to invest $30m in power plant
IFC, a member of the World Bank Group, has brought in Japanese agency JICA to invest $30m in Sembcorp North-West Power Company, a joint venture of Sembcorp Utilities and Bangladesh‘s state-owned North-West Power Generation Company, that is building a 414MW dual-fuel combined-cycle power plant at Sirajganj, Bangladesh.
The plant will significantly expand power-generation capacity in Bangladesh.
JICAs $30 million is part of the total financing package of $ 165 million that includes a loan from IFCs own account as well as additional loans mobilized through partners. The total project cost is estimated at around $412 million.
JICAs Senior Vice-President Kenichi Tomiyoshi said, “The project is expected to be one of the
10 more banks sign for green transformation fund
Bangladesh Bank (BB) has signed separate agreements with 10 more private banks to facilitate fund for a long-term financing under the "Green Transformation Fund for Export-oriented Textile and Textile Products and Leather Manufacturing Industries".
Under the deals, the ten banks - Al-Arafah Islami Bank Limited, Bank Asia Limited, Exim Bank 
Limited, Modhumoti Bank Limited, Mutual Trust Bank Limited, NCC Bank Limited, NRB Bank Limited, Dhaka Bank Limited, South Bangla Agriculture and Commerce Bank Limited and Trust Bank Limited - woul...
Limited, Modhumoti Bank Limited, Mutual Trust Bank Limited, NCC Bank Limited, NRB Bank Limited, Dhaka Bank Limited, South Bangla Agriculture and Commerce Bank Limited and Trust Bank Limited - woul...
Islami Bank’s explanation on published reports
Some recently published newspaper reports about Islami Bank Bangladesh Limited has drawn our attention. The fact and the Bank’s statements in this regard are as follows:
Notice of a meeting of the Board of Directors of the Bank are provided to all directors local and foreign regular and timely complying to all the country's existing laws, regulatory rules and in accordance with the Bank's articles of association. As soon as giving of the notice, documents/memos regarding the meeting are provided to the directors via intra-web and are 
Fitch affirms Bangladesh at ‘BB-‘; Outlook stable
Fitch Ratings has affirmed Bangladesh's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BB-'. The Outlooks on the Long-Term IDRs are Stable. The Country Ceiling has been affirmed at 'BB-' and the Short-Term Foreign- and Local-Currency IDRs at 'B'. KEY RATING DRIVERS Bangladesh's ratings balance strong foreign-currency earnings and high and stable real GDP growth against weak structural indicators, significant political risk and weak banking-sector health. Bangladesh's external finances are supported by comfortable and gradually rising foreign-exchange reserves, amounting to USD32.1bn in December 2016 (7.9 months of current external payments, compared with 4.4 months f...
IBBL to continue Shariah principles
Islami Bank Bangladesh Limited (IBBL) shall continue its Shariah principles and fundamental values. It will apply Zero Tolerance Policy regarding compliance of Islamic Shari`ah.
Recruitment will be done through experienced, neutral and professional institution on the basis of merit and qualification irrespective of caste and creed including the wards of freedom fighters. Besides, more female employees will be recruited for women empowerment. Employee salary structure will be revised with increasing in comparison with other ban...
basis of merit and qualification irrespective of caste and creed including the wards of freedom fighters. Besides, more female employees will be recruited for women empowerment. Employee salary structure will be revised with increasing in comparison with other ban...
