Bangladesh mulls buying Chevron’s local assets
Bangladesh is considering buying Chevron Corp's (CVX.N) interest in three natural gas fields in the country, worth an estimated $2 billion, two senior government officials said, as Dhaka looks to secure the supply of a critical source of energy.
Chevron, the second-largest U.S.-based oil producer, said in October last year that it plans to sell about $10 billion of assets by 2017 amid a prolonged slump in energy prices. Chevron recently said it is in discussions about the potential sale of three fields it operates in the northeast of Bangladesh.
BIAC, THAC sign MoU
Mr. Mahbubur Rahman, Chairman of Bangladesh International Arbitration Centre (BIAC) and Mr. Pasit Asawawattanaporn, Managing Director of Thailand Arbitration Center (THAC) signed a Memorandum of Understanding (MoU) on behalf of their respective organizations and exchanged the MoU in the office of THAC, Bangkok, Thailand on 31st October 2016.
This MoU is intended to explore areas for co-operation in respect of the use of facilities and services of both the centres on alternative dispute resolution (ADR), jointly organizing t...
This MoU is intended to explore areas for co-operation in respect of the use of facilities and services of both the centres on alternative dispute resolution (ADR), jointly organizing t...
BATB wins ICMAB Corporate Award
For the second time British American Tobacco Bangladesh secured the first position of the Institute of Cost Management Accounts of Bangladesh “ICMAB Best Corporate Awards – 2015” in the category of multinational company.
BATB achieved this award for accountability, business success, management efficiency and 
practicing good governance. ICMAB is a professional training academy under ministry of commerce, which has been patronizing this award since 2004.
Recently in an award giving ceremony at Sonargoan hotel, ...
practicing good governance. ICMAB is a professional training academy under ministry of commerce, which has been patronizing this award since 2004.
Recently in an award giving ceremony at Sonargoan hotel, ...
Telecoms caught up in $ 500m tax row
By government accounts, four foreign-backed cellphone operators owe $500 million to Bangladesh in unpaid taxes. By the companies’ accounts, the figure is closer to $50 million — if it isn’t zero.
As the legal row drags into its fourth year without resolution, telecommunications analysts warn it is putting pressure on the industry that is Bangladesh’s single largest source of revenue, providing $1.43 billion in tax revenues in 2015.
Government regulators say the companies broke the law by selling old SIM cards without properly notifying regulators, and then failed to pay taxes on those sales from July 2009 and 
Anti-money laundering training at Bank Asia
Bank Asia provided a day-long training on “Prevention of Money Laundering & Combating Financing on Terrorism” to its 47 (forty-seven) officers in an effort to improve their professional efficiency.
Mr. Aminul Islam, Additional Managing Director of the Bank, inaugurated the training at Bank 
Asia Institute for Training & Development, Rangs Bhaban, Tejgaon, Dhaka on Saturday (29 October, 2016).
Mr. Nurun Nabi, Joint Director, Bangladesh Financial Intelligence Unit ( BFIU), Mr. Murshid Al- Amin, SVP & Head of AMLD of B...
Asia Institute for Training & Development, Rangs Bhaban, Tejgaon, Dhaka on Saturday (29 October, 2016).
Mr. Nurun Nabi, Joint Director, Bangladesh Financial Intelligence Unit ( BFIU), Mr. Murshid Al- Amin, SVP & Head of AMLD of B...
IBBL opens branch at Pangsha, Rajbari
Islami Bank Bangladesh Limited (IBBL) opened its 308th Branch at Pangsha of Rajbari. Md. Zillul Hakim, MP of Rajbari-2 constituency inaugurated the branch as chief guest on October 30, 2016 Sunday.
Presided over by Mohammad Abdul Mannan, Managing Director & CEO of the bank, Md. Abdul Mabud, PPM, Chairman, Risk Management Committee and Prof. Dr. Md. Sirajul Karim, Director of the bank addressed the program as special guests.
The inaugural ceremony was addressed, among others by Ms. Sayeeda Hakim, woman leader, Md.
