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economy

Secondhand C-130Js for Bangladesh Air Force

Bangladesh has selected the UK's Marshall Aerospace and Defence Group to modify a pair of ex-Royal Air Force-operated Lockheed Martin C-130Js and provide long-term support for the tactical transports. Announced by Marshall on 10 May, the deal will include work in designing, developing and installing a new medical evacuation fit for Dhaka's Hercules. This will "enable the Bangladesh air BAFforce to carry out important tasks within the country and overseas delivering support to UN missions," the Cambridge-based company says. Marsha...

Pathao to launch mobile wallet next year

Pathao, a ride-hailing app in Bangladesh, plans to launch its own mobile wallet next year to reduce consumer reliance on cash payments. “Payments is a big challenge. Bangladesh is a cash-based economy and most of the transactions Bitcoinhappen over cash,” Pathao’s CEO and co-founder, Hussain Elius, told CNBC’s “Street Signs” last week. “However, we are very excited to move into the e-transaction space and just next year, we are launching our own wallet,” he said, adding that switching to e-payments would take time as people are “s...

IBBL Jatrabari Branch relocated

Islami Bank Bangladesh Limited (IBBL) Jatrabari Branch has been relocated in Toni Tower Shopping Complex, 33 Shaheed Faruque Sharak, Uttar Jatrabari, Dhaka on 30 April 2018 Monday. Md. Mahbub ul Alam, Managing Director and CEO of the Bank inaugurated the branch in new place as chief guest. IBBL Photo JatrabariAbu Reza Md. Yeahia, Deputy Managing Director and CAMLCO addressed the program as special guest. Presided over by Dr. Muhammad Kamaluddin (Jasim), Senior Vice President and Head of Dhaka East Z...

Meghna Bank, Irving Aviation sign deal

Recently Meghna Bank Limited has signed an Agreement with Irving Aviation Ltd in its Head Office at Suvastu Imam Square, Gulshan, Dhaka. Mr. Mohammad Imdadul Islam, SEVP & Head of Retail, SME & other Finance Division of the Card AgreementBank is exchanging the MOU with his counterpart Pintu Bhattacharjee, Manager, Irving Aviation Ltd. Mr. Adil Islam, Managing Director & CEO of the Meghna Bank was present in the Program. Among others Head of Corporate Affairs Mr. Md. Mojibar Rahman Khan attend the si...

Bangladeshi maids on the run from Saudi

The crowds wait outside the arrivals terminal at Shahjalal International airport as dozens of taxi drivers line the streets looking for business. Armies of beggars plead for attention from passersby, while passengers leave the arrivals hall carrying flat-screen TVs or oversized boxes wrapped in cling-film. A group of women appear amid the constant stream of people. Dressed in an array of colours, they pull their suitcases, looking for their loved ones. Khaleda Akhter, 28, has just spent months inside a Bangladeshi-run safe house in Saudi Arabia, ...

First ever 3D animation cartoon series in Bengali

The very first three-dimensional (3D) animation series based on children’s adventure story in Bangla is on the drawing board as the trial of ‘Chacha Bahinir Ajob Kahini’ has been released on Youtube channel. Animation means joy and moving to another world, animation means the smallest people are laughing and crying out. But, if anyone tries to find out any suitable animation film for children in Bangla will not get much, reports UNB. Keeping this challenge in mind, a team of creative people came forward to make a 3D animated Car...
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