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economy

Meeting on BB heist with NY Fed postponed

A meeting between Bangladesh central bank officials and the New York Federal Reserve scheduled for this week to speed up efforts to recover $81 million stolen from Bangladesh Bank’s account at the Fed has been postponed, officials in Dhaka said. A four-member Bangladesh Bank team headed by deputy governor Mohammad Razee Hassan, who also heads its financial intelligence unit, was to meet Fed officials in New York on July 15. bb“We are in talks with the Fed and hoping that the meeting will take place anytime at the end of this month ...

Best Electronics, Meghna Bank sign deal

Recently Meghna Bank Limited has signed an Agreement with Best Electronics in Dhaka.  Syed Asaduzzaman, Managing Director of Best Electronics Ltd is handing over the Agreement to Mr. Mohammad Imdadul Islam, SEVP & Head of Retail, SME & Other Finance Division of Meghna Bank. Agreement Between Best Eletronics & Meghna Bank_01Under this agreement Meghna Bank Card holders can avail 5% Discount on all types of Products at BEST ELECTRONIC...

2 int’l meetings switched from Bangladesh after attack

An Asia-Pacific money laundering group has moved its meeting out of Bangladesh citing security concerns, officials said on Monday, 10 days after militants stormed a cafe in an upscale part of the capital and killed 20 people, mostly foreigners. Some 350 foreign delegates had been expected in Dhaka to attend the July 24-28 annual meeting of The Asia Pacific Group on Money Laundering that seeks to pool efforts to fight illegal money transfers and terrorist financing. The group said in a statement on its website that the meeting will now be held in September in the United States. The exact location will be decided later. It gave no reason.

US offers counterterrorism expertise for Bangladesh

The United States on Sunday offered Bangladesh Washington’s expertise in building Bangladesh’s counterterrorism capabilities. The offer came from US assistant secretary of state for South and Central Asian affairs Nisha nisha biswalDesai Biswal who came to Dhaka in the wake of the Gulshan cafe attack that left 28 people killed. “We will continue our assistance in combatting the global threat of terrorism that our countries both confront,” she said after her official talks. She met foreign minister AH Mahmood Ali ...

Dialog Axiata CEO awarded

Axiata Group Berhad (Axiata) has recently announced that GSMA, the association governing the Global Mobile Industry, has named Dr Hans Wijayasuriya, the Group’s Regional CEO for South Asia and the Group CEO of Dialog Axiata PLC in Sri Lanka, as the first recipient of the ‘Outstanding Contribution to Asian Mobile Industry’ Award for 2016. The award recognises sustained and extraordinary contributions by individuals, organisations or collaborative achievements that advance the value and benefits of mobile communications for people, business and societies in Asia. At the Asia Mobile Awards held in Shanghai this week, Mats Granryd, Director General of the GSMA said, “This year’s recipient is honoured for his extraordinary personal leadership, as well

Meghna Bank inks deal with Apan Jewellers

Recently Meghna Bank Limited has signed an Agreement with Apan Jewellers in its Head Office at Suvastu Imam Square, Gulshan-1, Dhaka. Bappi Das, Branch in charge of Agreement Between Meghna Bank & Apan JuwellersBappi Das, Branch in charge of Apan Jewellers is handing over the Agreement to Mr. Mohammad Imdadul Islam, SEVP & Head of Retail, SME & Other Finance Division. From this agreement, Meghna Bank Car...
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