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economy

Bangladesh buys two submarines from China

Bangladesh took delivery on Monday of its first submarines, bought from China, as it seeks to boost its naval power in the Bay of Bengal. Bangladesh paid a reported $203 million for the two submarines, a deal that reflects the country’s growing economic and defence ties with Beijing. Armed forces spokeswoman Taposhi Rabeya said they would become part of the country’s bangladesh-and-china-flagnaval fleet at the beginning of next year. “This is the first ever addition of submarines in ...

More students opt for Chinese proficiency test in BD

The number of Bangladesh students appearing in the HSK, Hanyu Shuiping Kaoshi or the Chinese Proficiency Test, has shot up. Scores of students on Saturday appeared in different levels of HSK examinations held at the Dhaka University Confucius Institute in Bangladesh capital Dhaka. Seeds for the Future winners return from China“Today we conducted HSK level 2, 3 and 4 examinations,” Zhou Mingdong, director at Dhaka University Confucius Institute t...

Robi, Trust Bank offer handset for arm forces

Trust Bank and Robi Axiata Limited have signed a corporate agreement recently. The corporate agreement paves the way for the members of Armed Forces having salary accounts with Trust Bank to enjoy Robi’s corporate smartphone bundle solution at an attractively priced rate. In presence of Major General S M Matiur Rahman, afwc, psc Adjutant General, Bangladesh robi-trust-bankArmy and Vice Chairman, Trust Bank, Managing Director and CEO of Trust Bank, Ishtiaque Ahmed Chowdhury and Managing Director and CEO of Rob...

ICAB training on BFRS, BAS

ICAB Centre for Professional Excellence (ICPE) has organized a Training Programme on "Bangladesh Financial Reporting Standards (BFRS) and Bangladesh Accounting Standards (BAS)"  held on 08 October 2016 to 12 November 2016 at ICPE training room. training-pic__12__11__16A total number of 36 participants are participating in the Training Programme. The Inauguration Programme was held on Saturday from 08 October 2016  and Concluding Session was held on Saturday 12 November  2016 in presence P...

PBL Banani Branch shifted

Pubali Bank Limited has inaugurated its shifted Banani Branch, Dhaka with a view to providing best & modern banking services to its valued customers. Habibur Rahman, Chairman, Board of Directors of Pubali Bank Limited was present as Chief Guest at the inaugural ceremony. Vice-Chairman Azizur Rahman was present as Special Guest. Managing Director Md. Abdul Halim Chowdhury presided over the ceremony. Abdus Salam, Chairman of NCC Bank Ltd.; Engineer Abdul Matin, Chairman and Md. Mostafizur Rahman, Managing Director of Metropolitan Medical Center Ltd.; Additional Managing

BTRC approves share transfer of edotco Bangladesh

edotco Group Sdn Bhd (“edotco”) today announced that it has received approval from the Bangladesh Telecommunications Regulatory Commission (BTRC) for changes to the shareholding structure of its operating company, edotco Bangladesh Co. Ltd (“EBCL”). With this approval, edotco is now able to increase its current stakeholding in EBCL of 49% to a majority 80%. Robi Axiata Ltd currently holds 51% shares and will remain as 20% shareholder following completion of the share acquisition. This approval from BTRC is a strategically significant development both to edotco and to the Bangladesh telecoms industry. It will allow EBCL to operate with a greater level of independence and efficiency to serve its customers, as well as positively and proactively
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