Bangladesh faces formidable challenges in moving to a higher growth path of 8 percent plus GDP to become a middle income country. The foremost challenge lies with the stagnant private investment followed by weak institutional capacity to implement development projects. To achieve its goal of middle-income country status by 2021 and to accelerate inclusive growth as well as reduce poverty and income inequality, the country will require a substantial increase in yearly investments from 29.0% of GDP in FY2015 to 34.4% of GDP by FY2020, said ICC Bangladesh President Mahbubur Rahman while presenting the Executive Board Report at the ICC Bangladesh Annual Council held in Dhaka on Thursday (25 May).
Bangladesh economy embraces 2017 with some other challenges that include declining remittanc...
IBCF Research & Training Academy arranged a daylong workshop on "Shariah Principles of Distribution of Profit to Participating Fund: Global & National perspective" held on Saturday May 6, 2017 at BAB office, Gulshan Dhaka. 26 top & mid Level Executives of 13 Islamic Banks and conventional banks having Islamic Banking Branches & windows took part in the workshop. The participants discussed the pros and cons of the weightage based system and the Income Sharing Ratio based system and recommended further study for introduction of an uniform system of distribution of profit to Mudaraba Depositors.
Mr. Arastoo Khan, Chairman of Islamic Banks Consultative Forum & Islami Bank Bangladesh
Meghna Bank limited has celebrated its Four years successful journey at a simple ceremony at Banks Head Office at Gulshan, Dhaka.
Directors, Sponsors together with and Mr. Mohammed Nurul Amin, Managing Director & CEO
were present in the Occasion. Senior Executives of the Bank, Respected clients and local Elites were also present in the Program.
On the Anniversary Head Office and all Branches of the Bank arranged Milad Mahfil and Doa. At the end of the year 2016, Meghna Ban...
Daraz.com.bd, the largest online marketplace of Bangladesh has successfully partnered with RELUCE, sister concern of Partex Star Group and one of the best known brands of Bangladesh. More than 50 different products including men’s shirt, belt, kurta, women’s tops, kameez, saree etc. are now available at Daraz Bangladesh website.
The signing ceremony took place at the Daraz Bangladesh Ltd. headquarter in Banani, Dhaka and was commenced by Syed Mostahidal Hoq, Chief Commercial Officer of Daraz BD Ltd. And
Md. Rafiqul...
Shahjalal Islami Bank Ltd (SJIBL) Head office and others 103 branches of the Bank organized khatme Quran and Doa-Mahfil on the occasion of its’ 16
th year Anniversary on 11
th May 2017. The Chairman of the Board of Directors of the Bank Engineer Md. Towhidur Rahman participated in the Doa-Mahfil as Chief Guest and inaugurated the 16
th year anniversary by cutting a cake.
In th...
Mövenpick Hotels & Resorts is set to open a 210-room hotel in Bangladesh in the third quarter of 2018.
The hotel will feature a business centre and the city’s largest meeting rooms and is located in
one of Bangladesh’s main commercial and tourism centres in the northeast of the country.
Guests will have access to a rooftop infinity swimming pool and spa. A fitness centre, tennis court and bowling alley complement the adjacent shopping area. In addition, the hot...
