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economy

Bank Asia Agent Banking outlet at Banderban

In a move to financial inclusion of remote rural people in hill district, Bank Asia opened an agent banking outlet at Balaghata of Banderban district on Friday (13th November 2015). State Minister for Chittagong Hill Tracts Affairs Bir Bahadur U Shwe Sing,M.P. inaugurated the new outlet in Balaghata Bazar in presence of Mr. Md. Arfan Ali, Deputy Managing Director of Bank Asia. Mr. Md. Mizanul Huq Chowdhury, District Commissioner (DC) Banderban, Mr. Md Mizanur Rahman, Superintendent of Police and Mr. Abdul Quddus, Chairman, Banderban S...

Training on ACI Dealing by BAFEDA

Bangladesh Foreign Exchange Dealers’ Association (BAFEDA) and Examready (Pty) Ltd. jointly arranged five days long “ACI Dealing Certificate” Training Program from 15th to 19th November 2015 at Dhaka Regency Hotel. Executives and Officers from member Banks attended the course. The training program was inaugurated by Mr. Md. Ahsan Ullah, Executive Director of Bangladesh Bank. In his inaugural speech he referred to the current volume of Fx. transactions DSC_8648and growth of foreign trade and Fx tran...

Robi, Proshika sign corporate agreement

Proshika- the country’s leading development organization has recently signed a corporate agreement with mobile operator Robi. Under this agreement, Proshika will enjoy special call rate, call conferencing, close user group facility and many more value added services including internet. Robi’s Chief Operating Officer (COO) Mahtab Uddin Ahmed and Proshika’s Director Qazi Rubayet Ahmed signed the Robi- Proshika Agreementagreement on behalf of their respective organizations. Proshika’s Chairman & Founder Dr. Qazi Faruque A...

Separate ministry of corporate affairs proposed

Institute of Chartered Secretaries of Bangladesh- ICSB President Mr. Mohammad Asad Ullah, FCS, proposed to set up a separate ministry of corporate affairs to provide precise service to about 1.5 lakh listed and many other non-listed companies. The sector which has been contributing about 73% to the country’s economy is being neglected in many ways. A separate ministry for corporate sector will help to boost up the country’s economy and increase revenue in a remarkable way. DSC_6479ICSB President Mr. Mohammad Asad Ullah, FCS was speaking at the 2

Key economic indicators Monday

Taka/US $ (inter-bank) 78.22-78.27 78.21-78.22 Call money rate (inter-bank) 02.75-05.00 02.75-05.00 Dhaka Stock Exchange index 4,416.91 4,443.15 --------------------------------------------------------------- MONTHLY moneyCURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Sept. 6.24 6.17 M2 supply (bln taka) (BB) September 8,214.73 8,053.78 Forex reserves ($bln)(BB) Oct. 27.06 26.38 Exports(FOB) ($mln)(BB) Sept. 2,374.65 3,054.07 Imports(FOB) ($mln)(BB) August 3,226.00 3,767.00 ----------------------------------------...

Basic Bank holds foundation course

The opening ceremony of the ‘27th Foundation Course’ for Officials of BASIC Bank Limited was held recently at BASIC Bank Training Institute (BBTI). 27th Foundation PhotoKhondoker Md. Iqbal, the Managing Director (MD) of BASIC Bank Limited inaugurated the course. Among others, Md. Emdadul Haque, Deputy General Manager (DGM), Human Resource Division and Officials of BBTI were also present in the opening ceremony. 40 officials participated in the course.
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