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economy

Farmers Bank takes BB to court

The High Court has stayed for four months a Bangladesh Bank (BB) decision to fine the Farmers Bank on charges of irregularities. The HC bench of Justice Tariqul Halim and Justice Bhishmadeb Chakraborty on 11 January issued the order after hearing a writ petition filed by the Farmers Bank, challenging the central bank decision. In the same day, the Farmers Bank’s lawyer Anupam Biswas informedBangladesh Bank about the court decision through a letter, said authorities of the Farmers Bank. Bangladesh Bank deputy governor SK Sur Chowdhury on Monday confirmed this to Prothom Alo.

Airport security measures hamper RMG export

Bangladesh’s garment industry is struggling with delays to both imports and exports as security measures at Dhaka’s airport are beefed up after several countries expressed concern. Delegates from the UK Civil Aviation Authority last week urged Bangladesh to adopt new security measures within the next three months, insisting on a “three-layer security system” for Dhaka-London flights. Worries over “flimsy” security at Dhaka Shahjalal International Airport have already led to a ban on air freight imports by Australia. The Dhaka airport authority has installed new scanning equipment, but garment manufacturers

Electra opens new outlet at Mohammadpur

Samsung’s distributor Electra has recently inaugurated its 43rd showroom at Mohammadpur area to ensure the access to Samsung products at the door steps of people living in those areas. Here customers will find Samsung branded TVs, Refrigerators, Washing Machines, Microwave Ovens & Air Conditioners. Electra 43rd ShowroomAl-Haj Md. Shahidullah, Founder Chairman of Electra Group inaugurated the shop in the presence of Mr. Md. Sanaullah Shahid, Chairman, Electra International; Firoze Mohammad, Hea...

PBL donates micro-bus to BCSIR

As a part of Corporate Social Responsibility the Board of Directors of Pubali Bank Ltd. presented a Microbus to Bangladesh Council of Scientifiq and Industrial Research (BCSIR) for availing transport facility. Safiul Alam Khan Chowdhury, Additional Managing Director of Pubali Bank Limited handed over a key of the micro-bus to Md. Nazrul Islam, Chairman of Bangladesh Council of Scientifiq and Industrial Research. PBL-BCSIRBCSIR Member (Finance) Mohammad Mahfuzul Haque and Member (Science & Technology) Md. Mansur Reza ...

SCB ATM booth at Robi Corporate Office

Robi – one of the leading telecom service provider in the country has set up an ATM booth in its corporate office in partnership with Standard Chartered Bank (SCB). Robi’s Managing Director and CEO Supun Weerasinghe and Standard Chartered Bank, Bangladesh CEO Abrar A. Anwar inaugurated the booth recently. This was an initiative lead by the People and Corporate Division of Robi and Employee Banking SCB Booth at RCODepartment of Standard Chartered Bank to provide banking convenience to the employees and visit...

Bank Asia ATM Booth at Rekabibazar, Sylhet

Mr. Mohd. Safwan Choudhury, Vice Chairman of Bank Asia is inaugurating a new ATM Booth of the Bank at Rekabibazar SME Service Centre, Sylhet recently to facilitate customers the bank’s IMG_0299online transaction facility. Deputy Managing Director Ms. Humaira Azam is also seen in the picture.
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