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economy

WB powers Bangladesh energy surge

The World Bank (WB) has announced that it will invest $217 million to revive Bangladesh’s creaking energy infrastructure. In a statement released on their website, the organisation told the world that an agreement had been signed. The deal was between the International Development Organisation and government of Bangladesh, to upgrade a section of the Ghorashal power station. This development would more than double the power station’s electricity generating capacity. This upgrade will be signal a technological milestone. The ‘Ghorashal Unit 4 Repowering wb

SIFSB 2016 ends

A challenging competition of the year for high school students - Science & Innovation Fair for students of Bangladesh (SIFSB) 2016 has ended. This educational fair was a day-long event held on 08 April, 2016 in Saint Joseph Higher Secondary School of Dhaka. SIFSB 2016 initiated by SCIFAIRBD which is affiliated with International Science and Engineering Fair (Intel ISEF), provided an opportunity for the creative young innovators to represent Bangladesh in global Science and technology convention organized by global tech giant, “Intel‟. This prestigious event experienced huge participation in terms of numbers where students from both private and government educational institutes who are between class 8 to class 12

Digital lifestyle at Presidency University

Robi has organized a session named “Internet4U” for the students of Presidency University under its Corporate Responsibility (CR) initiative. More than 100 students and faculty members took part in this engaging session. The students were made aware of the role Internet is playing in facilitating Digital lifestyle. With the increasing demand for data, people are resorting to internet as a gateway to digital lifestyle. However, many of us, especially the youth, are failing to fully capitalize on this

Bank Asia gets IFC award

Md. Mehmood Husain, President & Managing Director of Bank Asia, is receiving ``The Best Partner Bank of International Finance Corporation (IFC) in South Asia Region” award from Mr. Milano-AwardAnurag Mishra, Regional Head of Global Trade and Short Term Finance, Asia Pacific Region at the IFC’s 7th Global Trade Partners Meeting held at Milan, Italy recently. Mr. Alok Kumar, Trade Finance Analyst of IFC and Mr. Junaid Masroor, Head of International Division of Bank Asia, among others, are seen in the picture.

Robi to share biometric device with Teletalk

Teletalk subscribers can now complete their biometric SIM registration/ re-registration using Robi’s devices. In this regard, Robi’s Managing Director & CEO, Supun Weerasinghe and Teletalk’s Managing Director, Gias Uddin Ahmed have signed an agreement today at the Posts and Telecommunications Division. Hon’ble State Minister for Posts and Telecommunications Division, Begum Tarana Halim, MP; Secretary for Posts and Telecommunications Division, Md. Faizur Rahman Chowdhury and Robi- Teletalk Signing<...

Inflation picks up in March as food prices rise

Bangladesh’s annual inflation edged up in March, driven by an increase in the price of food items, the planning minister said on Tuesday. Consumer prices in March were 5.65 percent higher than a year earlier, up from a rise of 5.62 percent in February when the figure hit a 41-month low, the minister, Mustafa Kamal, told a inflationnews conference. Annual food inflation in March rose to 3.89 percent from 3.77 percent the previous month while non-food inflation decreased to 8.36 percent from 8.46 percent. The governmen...
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