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economy

Zimbabwe Reserve Bank Dy Governor visits AIBL

A group of Delegates of Reserve Bank of Zimbabwe headed by Deputy Governor of the bank Dr. Charity Lindile Dhliwayo, has visited Financial Inclusion related projects of Al-Arafah Islami Bank Ltd (AIBL) at Munshigonj. The delegates were accompanied by General Manager of Bangladesh Bank Nurun Nahar and Deputy Managing Director of Al-Arafah Islami Bank Kazi 20160120_AIBL_BB_PressTowhidul Alam. The visiting team included Norman Mataruka, Director, Bank Supervision, Norah Mukura, Deputy Director, Ban...

Poverty, lack of opportunities ignites extremist ideology in BD

Bangladeshis are generally said to think of themselves as Bengalis first, and Muslims next. Lately, some in the Sunni-Muslim nation of 160 million have been thinking differently. Like other societies noted for their tolerance, the rise of fundamentalism and extremist ideology within the broader faith has also had some effect on Bangladesh, once described as a "basket case" for its poverty and squalor. This poverty, and lack of opportunity at home, has contributed to disgruntlement, making it fertile for extremist ideology. It also has led thousands to seek work in the Gulf and in South-east Asian nations such as

BB launches $ 200m ‘green transformation fund’

The central bank of Bangladesh is launching a US$200 million fund to green the country’s clothing factories. Governor Atiur Rahman trailed the initiative at a sustainable development conference in Dhaka last week. The goal was “transforming Bangladesh into a fully fledged ‘green’ nation,” he told delegates, to stay competitive amid slowing global trade. Following financial incentives to light Bangladeshi homes with solar power, it represents a scaling up of the bank’s green ambitions. While it is not yet clear how, the fund is to shrink the carbon footprint of Bangladesh’s textile

BIAC holds training on Effective HR Management

ADR, especially Mediation is a technique that HR manager or related officials can learn to resolve disputes at workplace. It is a good practice to have personnel of organizations trained in the Mediation process in order to manage in-house grievances effectively. BIAC has organized a one-day training programme on “Effective Human Resource Management: skills to Editresolve workplace dispute” on Tuesday 19 January, 2016 at BIAC. The training covered: Overview of Alternative Dispute Resolution, Conflicts at workplace, Principles and ...

GPH Ispat inks deal with Austria Primetals Technologies

GPH Ispat Limited and Primetals Technologies Austria GmbH (a joint venture of Siemens, Mitsubishi Heavy Industries and Partners) yesterday, (January 19, 2016 in the evening ) signed an agreement at hotel Westin, Dhaka for the large scale expansion of GPH Ispat Ltd with ultra-modern long steel technology. Managing Director of GPH Ispat Mr. Mohammed Jahangir Alam and Chief executive of Primetals Technologies Austria Dr. Heiner RÖHRL signed the contract on behalf of their respective organizations. PhotoMr. Alamgir Kabir, chairma...

Hepatitis awareness seminar at BUFT

BGMEA University of Fashion & Technology (BUFT) arranged an open seminar and free screening of hepatitis for the students on Tuesday (19th January, 2016) in its auditorium. The program was jointly organized by National Liver Foundation of Bangladesh and the Youth Club of Bangladesh. It was supported by the British Council and BUFT Angels Leo Club. The picpurpose of the program was creating awareness among the youth about hepatitis. About 100 students have participated at the blood screening to detect the presence of hepatitis. A...
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