Browse Tag

economy

PBL congratulates Envoy Textiles

Managing Director of Pubali Bank Ltd (PBL) Md. Abdul Halim Chowdhury on behalf of the Bank sent a Congratulation note to Envoy Textiles Limited, valued customer of Pubali Bank Ltd. who is the only to achieve LEED Platinum Certificate by Green Building Council of USA among all Pubali Envoydenim mills of the world. On behalf of the MD of Pubali Bank Ltd., Mohammad Esha (Deputy General Manager & Head of Mohakhali Corp. Branch – Pubali Bank Limited) handed over the note to the Chairman of Envoy Textiles Limited Kut...

Agriculture a key driver in reducing poverty

Agriculture is a leading contributor to poverty reduction in Bangladesh since 2000, a new World Bank report said. The country now needs to shift towards high-value agriculture, including horticulture, livestock, and fisheries as well as greater value addition to improve farmers’ income and household nutrition. The report launched on May 17, “Dynamics of Rural Growth in Bangladesh: Sustaining Poverty Reduction,” says pro-poor agricultural growth has stimulated the non-farm economy. It estimates that a 10 percent rise in farm income generates a 6 percent rise in non-farm income. Hence, the growth of the non-farm economy largely depends on agriculture. Although rural non-farm employment is almost 2 times higher than all urban employment put together,

BD ranked 5th with people without net access: WB

With 148 million offline population, Bangladesh still has the world’s fifth largest number of people who are not connected to the internet, said a World Bank report. India has the largest number of 1.003 billion people who are not connected to the internet, followed by China with 755 million offline population, Indonesia with 213 million and Pakistan with 165 million respectively, the report showed. According to the report titled ‘World Development Report 2016: Digital Dividends’ launched in a city hotel on Monday, Bangladesh has one of the cheapest rates to make a phone call, but internet prices remain high, says news agency UNB. However, the number of people having access to the internet has recently crossed 60 million in

BB accolades IBBL for highest agro investment

Islami Bank Bangladesh Limited (IBBL) disbursed the highest Agriculture & Rural Investment (Credit) among all private commercial banks during financial year 2014-15. Md. Altaf Hossain, Executive Vice President & Head of SMED-II of the bank received the Letter BB Appreciation_Agro_Investmenof Appreciation from SK Sur Chowdhury, Deputy Governor of Bangladesh Bank recently for achieving the investment target. During the period, Islami Bank disbursed agriculture & rura...

Inter-university nat’l debate at BUFT

An inter-university national debate competition 2016 titled “Sustainable development & Green Economy” was held at BGMEA University of Fashion & Technology (BUFT) auditorium on Sunday (15th May 2016). The event was organized by BUFT Debate Club. A total of 10 national and private universities of Dhaka city are participating in this competition named Jahangir Nagar University, Jagannath University, Dhaka College, BUFT LOGOAhsanullah University of Science and Technology, Green University, Prime Asia University, Univ...

Bank Asia helps ‘Junior Saver’

Mr. Md. Mehmood Husain President & Managing Director of Bank Asia is handing over financial assistance & scholarship to three students of “Smart Junior Saver” school banking account holder due to guardian’s death, in a simple ceremony held on Bank Asia Bhaban, Chittagong Finalrecently. Mr. Md. Zahirul Alam, Deputy Managing Director of the Bank, EVP Mr. S M Anisuzzaman, SVP Mr. Arequl Arefeen, and SVP & Head of Bank Asia Bhaban Branch Mr. A.K.M Shaiful Islam Chowdhury were also seen in the picture.
Verified by MonsterInsights