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economy

WB new country director starts tomorrow

Qimiao Fan would start working tomorrow as the World Bank’s new country director for Bangladesh, Bhutan and Nepal. In his first visit to Bangladesh tomorrow, Fan will accompany Annette Dixon, World Bank South Asia Vice President, who will introduce Fan to the government, said a WB press release today, reports BSS. wbDuring her visit, Dixon along with Fan will also meet the Finance Minister and other senior government officials. Fan brings a wide range of development experience to the job. A Chinese national, Fan joined the World Ban...

Remittance operation training at IBBL

Islami Bank Bangladesh Limited (IBBL) and Remittance service provider Ria Financial Services jointly organized a training on Remittance Operation System on March 6, 2016, Sunday at Muhammad Younus Auditorium of Islami Bank Tower. RemittanceMohammad Abdul Mannan, Managing Director of Islami Bank inaugurated the training as chief guest. Presided over by Abdus Sadeue Bhuiyan, Deputy Managing Director, the program was attended by Md. Omar Faruk Khan, Executive Vice President, Md. Maksudur Rahman, Senior Vice President o...

SJIBL holds workshop on cyber risk

Shahjalal Islami Bank Limited (SJIBL) has recently been organized a Daylong workshop on “Cybercrime Risk Mitigation” on 05th March 2016 at Bank’s Training Academy Dilkusha, Dhaka jointly collaboration with a renowned American’s based Bank. The Deputy Managing Director of Shahjalal Islami Bank Ltd. Mr. M. Akhter Hossain was present Cybercrime Risk Mitigation JPG-1as Chief Guest and Speaker in the workshop. In the workshop the speakers discussed elaborately on different sort of...

RMG sourcing opts for free trade deal with India

When a well-known international sports brand approached Nagesh Sharma, who runs an apparel sourcing company from Gurgaon, with a huge order for tracksuit pants, Mr Sharma tried to source the product from India. He found only one apparel factory could match the buyer’s specifications. The primary problem, Mr Sharma says, is that India’s garment factories are too small; they typically have 150 people and about 80 machines. The average factory in Bangladesh has 600 people. Mr Sharma eventually sourced the order rmgfrom a Taiwan...

Govt planning record budget for 2016-17

The Bangladesh government has planned a national budget of 3.40 trillion taka ($43 billion) for the next fiscal year (2016-17), the country's finance minister said here on Thursday. Muhithmuhith "We're planning a 3.40 billion taka national budget for the 2016-17 fiscal (July 2016-June 2017)," Finance Minister A.M.A. Muhith said. He, however, did not elaborate on the new fiscal year budget which is to be unveiled in parliament in the first week of June, Xinhua news agency reported. The Bangladesh parliament in June 2015 ...

IBBL stall at US Trade Show

Tofail Ahmed, MP, Commerce Minister of Bangladesh, Jackson Cox, Chairman, Asia Pacific Council of American Chamber of Commerce, Marcia S. Bernicat, Ambassador, Embassy of the US in Dhaka, Md. Nurul Islam, President, American Chamber of Commerce, Showkat Ali Sarkar, US TRADE---- 03Vice President, American Chamber of Commerce, Khd. Rashed Maqsood, Member, Executive Committee, American Chamber of Commerce visited Islami Bank stall at Pan Pacific Hotel Sonargaon on March 3, 2016 after inauguration of a three-day US Trade Sh...
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