Browse Tag

economy

BB to mobilise $ 7bn for infrastructure

Bangladesh Bank plans to mobilise up to $7.0 billion to develop the country’s infrastructure and boost economic growth, its governor said on Sunday. The bank would help reach that sum by establishing a sovereign wealth fund, issuing bonds and selling dollars from its reserves to designated banks and financial institutions, Governor Atiur Rahman told Reuters. “It is possible to mobilise the fund for development of the infrastructure to accelerate economic growth to 8 percent from the present 6.5 percent, aiming to becoming a middle-bbincome country by 2021,” he...

Little Bangladesh – mapping NY Abu Dhabi Exhibition

An exhibition opened in New York City on Monday night that explores a day in the life of an otherwise uncelebrated spot in Abu Dhabi – a small square boasting a supermarket and a single tree. The exhibition, part of a research project that explored how people related to spaces in the UAE, is the work of Yasser Elsheshtawy, an associate professor of architecture at the United Arab Emirates University in Al Ain. [caption id="attachment_19909" align="alignright" width="540"]A home from home is explored in the Little Bangladesh exhibition which starts in New York City on Monday night. Courtesy... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

New IBBL Branch at Sonargaon Janapath Rd in city

Islami Bank Bangladesh Limited (IBBL) has opened its 301st Branch at Sonargaon Janapath Road, Uttata, Dhaka. Annisul Huq, Mayor of Dhaka North City Corporation inaugurated the branch as chief guest on Monday ( September 21, 2015). Mohammad Abdul Mannan, Managing Director of the Bank presided over the inaugural ceremony. Md. Mosharraf Hossain, Executive Vice President and Head of Dhaka North Zone of the Bank, Shahnaz Parveen Mitu, Councilor, Dhaka City Corporation among others addressed the ceremony. Local traders, professionals, ulemas, bank officials and social elites attended the inaugural ceremony. [caption id="attachment_19893" align="alignright" width="478"]

Govt wants to invest $ 8b in infrastructure

Government wants to invest $8 billion over the next few years in infrastructure to improve the economy and sought help from private sector to share the cost which the government could not bear alone. S A Samad, the executive chairman of the state run Board of Investment (BOI) highlighted the figure while meeting with business leaders from bilateral foreign chambers of commerce in Bangladesh. [caption id="attachment_19869" align="alignright" width="644"]s1.reutersmedia.net Bangladeshi children play on concrete pipes beside a road in Dha...

Workshop on ‘Financing to Manufacturing Concern’

A day-long workshop on ‘Financing to Manufacturing Concern’ was held at Al-Arafah Islami Bank Training & Research Institute on 19 September, 2015. [caption id="attachment_19857" align="alignright" width="540"]20150920 - AIBL Training Press A day-long workshop on ‘Financing to Manufacturing Concern’ was held at Al-Arafah Islami Bank Training & Research Institute on 19 September, 2015. Deputy Managing Director of the Bank Kazi Towhidul Alam inaugurated the Course as Chief Guest. Senior Vice President & Head of In...

Fresh crackdown nabs “godfather” of human smuggling

Police have arrested a human trafficking “godfather” in a fresh crackdown on smugglers amid fears of a resumption of the racket that sparked a regional migrant crisis earlier this year, an officer said Thursday. Police have arrested at least 20 traffickers in the past month including alleged kingpin Dil Mohammad on the weekend in the southern smuggling town of Teknaf bordering Myanmar, reports AFP. [caption id="attachment_19839" align="alignright" width="650"]photo-1442483115 Bangladesh has targeted a number of smugglers operating in the borde...
Verified by MonsterInsights