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economy

ADB approves $ 500 for BD power plant

The Asian Development Bank's (ADB) Board of Directors has approved a $500 million loan to develop a state-of-the-art 800 megawatt (MW) power plant in Khulna, Bangladesh, along with associated connections to natural gas and power transmission facilities. "In the face of rising demand for energy in a growing economy, the Rupsha power plant will be the first of its kind in Bangladesh, vastly increasing the availability of efficient and cleaner adb1energy," ADB Energy Specialist Aziz Yusupov was quoted as saying in a statement received on...

Bank Asia elects new Vice Chairman

Md Nazrul Huda, one of the Independent Directors of Bank Asia Ltd, has been elected as Vice Chairman of the Bank at a meeting of the Board of Directors heldrecently. Nazrul Huda Sir_VC_edHuda is a former Deputy Governor of Bangladesh Bank. He served Bangladesh Bank successfully for 35 years in different capacities. Mr. Huda obtained Masters in Economics from both University of Dhaka, Bangladesh and University of New England, Australia. He has a number of publications on important issues relating t...

Mahindra brand campaign “Cholo Re” announced in BD

Mahindra & Mahindra Ltd, a part of the USD 20.7 billion Mahindra Group, today announced its brand campaign ‘Cholo Re’ in Bangladesh, along with Mashrafe Bin Mortaza, the captain of the Bangladesh National Cricket team in One Day Internationals, as its brand ambassador. The event marked the launch of its flagship product at International Convention City Bashundhara (ICCB) located at Dhaka, the all new stylish Mahindra Maxximo Heavy Duty (HD) Series, as a “Solid Partner” for its customers. Mashrafe Bin Mortaza, Captain of Bangladesh National Cricket team (ODI) and the Brand Ambassador of Mahindra Bangladesh; Mr. Sanjay Jadhav, Vice President, Head of International

IBBL RDS conference held in Kushtia

A conference of the Centre Leaders and Assistant Centre Leaders of Rural Development Scheme of Kushtia Branch of Islami Bank Bangladesh Limited was held recently at a local auditorium of Kushtia. IBBL Phto RDS Kustia 14.6.18Shamim Mohammad Afzal, Director of the Bank, Chairman of Islami Bank Foundation and Director General of Islamic Foundation, Bangladesh addressed the conference as chief guest. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank was present in the program ...

For God’s sake stop beating the children

By Sir Frank Peters

There’s an horrific misconception out there that beating children (corporal punishment) is obeying a command from God. There’s another totally ignorant belief that corporal punishment beats hell out of a child. There’s also one that claims corporal punishment serves the best interests of the child. And there are people who camouflage their own mental demons that torment them and these people perform the abuse and cruelty regularly in Allah’s name. What chances do a defenceless innocent child, only a few years away from the mother’s womb, have of living a normal childhood and becoming a balanced adult against such influential, compressed flawless ignorance? Many ‘teachers’ do not beat children in their charge allegedly for the chi...

BD Finance declares 10pc stock dividend

The 19th Annual General Meeting (AGM) of Bangladesh Finance And Investment Company Ltd. (BD finance) has teken place on Thursday, 7th June 2018 at BCIC auditorium, Dhaka. Mr Manwar Hossain Chairman, BD Finance presided over the meeting. In the Meeting The Company has declared 10% Stock dividend to its shareholders for the year ended 2017. The meeting was attended, among others, by Director Mr. Geasuddin Ahmed, Mr. khondker BD FinanceFazle Rashid, Mr. Yousuf Aman, Mr. Haider Ahmed Khan, FCA, Mr. An...
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