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economy

Meghna Bank inks deal with Sayeman Beach Resort

Recently Meghna Bank Limited has signed an Agreement with SAYEMAN BEACH RESORT in its Head Office at Suvastu Imam Square, Gulshan, Dhaka. Mr. Mohammed Nurul Amin, Managing Director & CEO of Meghna Bank is exchanging the MOU Sayman Beach Resortwith his counterpart Mohammad Imran Humayun Khan, Head of sales & marketing, Sayeman Beach Resort. Under this agreement, Meghna Bank Credit Card holders can avail 40% Discount on Room rates all round the year. Mohammad Imdadul Islam, Head of Retail, SM...

Islami Bank holds discussion, central Iftar

Islami Bank Bangladesh Limited organized a discussion on `Role of Ramadan in Attaining Taqwah’ hosted an Iftar Mahfil on 15 June 2017, Thursday at Pan Pacific Sonagaon Hotel, Dhaka. Chairman of the Bank Arastoo Khan presided over the program while Shariah Supervisory PRESS---01Committee Member Dr. Mohammad Manzur-E_Elahi presented the key note paper. Islami Bank Shariah Supervisory Committee Vice Chairman Mufti Sayed Ahmed discussed on the topic. Islami Bank Vice Chairman Md. Shahabuddin, Islami Bank Foundation Chairman Sa...

PBL inks correspondent banking deal with HSBC

Pubali Bank Ltd (PBL)  signed Correspondent Banking Agreement with HSBC Bank Ltd. for Cash Management at bank’s Head Office today. Md. Abdul Halim Chowdhury, Managing Director & CEO; Safiul Alam Khan Chowdhury, Additional Managing Director; Mohammad Ali and Akhtar Hamid Khan- Deputy Managing Directors of Pubali Bank Ltd. were present at the signing ceremony. On behalf of HSBC Bank Ltd., Tony Menzies, Chief Operating Officer; Riaz A Choudhury, Country MoU with HSBCHead of Corporate, Commercial Banking; Jishan ...

AMTOB decries new tax in the proposed budget

AMTOB, the association of mobile operators in Bangladesh, expressed its dissatisfaction regarding the proposed national budget of FY 2017-18 in a written statement/press conference today. AMTOB complained that while Telecom Industry is contributing around 6% of GDP with potential to grow up to 8% in near future, the proposals placed by the industry before the budget, have not been reflected in the budget speech. The budget seems to add more pain to general customers without giving any benefit. The industry body termed the additional tax imposed on the import of mobile handsets especially smartphones ‘untimely’ as the local handset manufacturing industry is not yet ready <...

6.8pc growth in 2017: World Bank

Bangladesh’s growth in 2017 will be 6.8 percent, the World Bank has said in a report. The global lender, in its report Global Economic Prospect released Sunday, attributed the decline in growth to sliding remittance and shrink in internal demand and industrial production. Finance Minister AMA Muhith has projected for a GDP growth of 7.4 percent for the fiscal wb2017-18 in the budget he proposed. However, he himself said it was an ambitious budget. Last year, the growth target of overcoming the “6 percent growth trap” was overcome as...

Hindu Bangladeshis illegally entering Assam since 1971

At a time when various organisations are protesting against the settlement of Hindu migrants from Bangladesh in Assam under the Citizenship Act, the Centre has declared that Hindu migrants have been entering the state even after March 25, 1971. According to a written statement by the Center, Hindu Bangladeshis have been illegally india-bangladesh-flag_0entering the state since March 25, 1971. It is a proof that the Center has vowed to shelter the religious migrants from Bangladesh even by amen...
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