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economy

AIBL monthly BDC held

The Monthly Business Development Conference (BDC) of Al-Arafah Islami Bank Ltd (AIBL) was held on July 10, 2016 at the Head Office of the Bank. Chairman of the Bank Alhajj Abdus Samad (Labu) inaugurated the conference as Chief Guest. 20160710 - AIBL Monthly BDC PressManaging Director Md. Habibur Rahman presided over the meeting. Directors Badiur Rahman and Alhajj Abdul Malek Molla were present as Special Guests. Among others, Company Secretary Md. Mofazzal Hossain, Deputy Ma...

IBBL committees reformed

Yousif Abdullah Al Rajhi has been re-elected and M. Azizul Huq has been elected vice-chairmen of Islami Bank Bangladesh Limited. Besides, Executive Committee, Audit Committee and Risk IBBLManagement Committee of the bank have been reformed with Prof. Syed Ahsanul Alam, Helal Ahmed Chowdhury and Md. Abdul Mabud, PPM as chairmen respectively.  Azizul Huq
  1. Azizul Huq is Vice-Chairman and Independent Director of Islami Bank. He was first executive president (CEO) of the bank. He was the fir...

JP firms assess work prospects, staff safety in BD

Friday’s terrorist attack in Dhaka has dampened work prospects for many Japanese firms, which in recent years have grown more dependent on Bangladesh as a manufacturing base as well as a market. Some of the 240 Japanese companies with offices or factories in Bangladesh said Monday they have suspended employee trips from Japan to the country and grounded local employees in the wake of the attack by Islamic militants in which a total of 28 people, including six attackers, lost their lives. Among the dead were seven Japanese. Fast Retailing Co., which runs the Uniqlo clothing brand, said its employees are restricted from entering

Robi Sheba Centre at Ctg Railway Station

Robi has recently inaugurated an information and sheba centre at the Chittagong railway station. The centre will provide information and service related to Robi’s products and service as well as information regarding the services offered by the Bangladesh Railway to the travelers. Robi subscribers will be able to avail easy load, scratch card, data pack & voice bundle, SIM card, VAS Activation/deactivation from this centre. Besides, serving the existing subscribers this sheba centre is Robi Sheba @ Ctg R... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

Gulshan siege highlights Japan’s dev aid overseas

The militant attack at an upscale Gulshan cafe in Bangladesh’s capital, where Japanese and other foreign diners were taken hostage, highlights Japan’s major role in development work overseas, particularly in Asia. Eight outside consultants for Japan’s development agency were eating together at Holey Artisan Bakery in a diplomatic zone in Dhaka when the attack began around 9:20 p.m. Friday. One, who had been shot, was among 13 hostages rescued after security forces stormed the restaurant Saturday morning. Before the fates of the others were confirmed, Japanese Prime Minister Shinzo Abe described the situation as dire. “These people are those who worked hard for the development of Bangladesh, and so this is the

Rail boom in Bangladesh

After decades of neglect and decline, the nation’s railway network, much of it dating back to British colonial times, is being updated under a $30 billion plan to renovate stations and workshops, buy new trains and lay thousands of kilometres of new track. The renewed enthusiasm for rail in one of Asia’s poorest nations is largely thanks to China, and its ambitious agenda to extend trade tentacles across Asia. China’s efforts to turn its Silk Road investments into workable projects have been slow-going in more developed countries like Thailand because of a reluctance to become too dependent on Asia’s largest economy. But for Bangladesh, the combination of technology and cheap finance is irresistible.
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