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economy

PPP for improved public sector auditing in BD

In recent years, there has been growing realization of the need for collaboration between private and public sector audit profession for ensuring effective oversight over expenditure management and quality audit in the public sector. A new Audit Act on the anvil is expected to address some of these constraints and empower the Comptroller and Auditor General (CAG) to use the private sector audit service in fully discharging its mandated responsibilities, said a policy paper presented in the workshop on “Public Private Partnership for Improved Public Sector Auditing in Bangladesh” organized by The World Bank, Dhaka at its office on Wednesday, 19 October 2016. Masud Ahmed, Comptroller and Auditor General of Bangladesh made the opening remarks in

Int’l Day of Girl Child observed at British Council

With an aim to provide an opportunity to build networks with both the British Council and other non-governmental organisations working in the girl child space, to understand the work and challenges around girl child education in Bangladesh, and to discuss where the gender data gaps are, the British Council recently organised a panel discussion at British Council 5 Fuller Road office. The theme of this year’s panel discussion was ‘Girls’ Progress = Goal’s Progress”. During the occasion, participants and speakers discussed how the collection of comprehensive,

Meghna Bank inks deal with Ocean Paradise

Recently Meghna Bank Limited has signed an Agreement with Ocean Paradise in its Head Office at Suvastu Imam Square, Gulshan, Dhaka. ocean-paradise-finalUnder this agreement Meghna Bank Credit Card holders can avail Upto 50% Discount on all Kinds of room rent & 10% discount on food to MGBL credit Card holders. Mr. Mohammed Nurul Amin, Managing Director & CEO of Meghna Bank & Senior Executives and Mr. Khairul Anam, Senior Manager, Sales & Business Development were p...

WB looks for ways to increase funding in Bangladesh: Kim

Visiting World Bank (WB) president Jim Yong Kim on Monday said the bank was now looking aggressively for increasing its funding to support Bangadesh. He said the World Bank was no more involved with the construction of the Padma Multipurpose Bridge but it understood the importance of the bridge, reports New Age. The government is constructing the bridge on own funding after the global bank cancelled 1.2 wbbilllion dollar loan citing conspiracies of corruption in tender process. Kim said the bank preferred continuing discussion on it...

WB to provide additional $ 1b for childcare

World Bank President Jim Yong Kim today declared an additional USD 1 billion fund for Bangladesh to develop childcare in the country. The financing will be disbursed in the next two years and will be to develop the situation of child health and nutrition, the visiting WB chief said in a briefing. kim-wb-afp-wbKim made the announcement at a joint press conference after holding talks with Bangladesh Finance Minister AMA Muhith at his ministry office in Dhaka. ‘PADMA BRIDGE TROUBLES OVER’ Finance Minister M...

306th IBBL branch at Keshabpur, Jessore

Islami Bank Bangladesh Limited opened its 306th Keshabpur Branch at Keshabpur of Jessore on October 17, 2016 Monday. Prof. Syed Ahsanul Alam, Chairman, Executive Committee of the bank inaugurated the branch as chief guest. Presided over by Mohammad Abdul Mannan, Managing Director & CEO of the bank, the inaugural ceremony was addressed by Md. Abdul Mabud, P.P.M., Chairman, Risk Management Committee, Md. Joynal Abedin and Prof. Dr. Md. Sirajul Karim, Directors of the bank, HM Amir Hossain, Upazila Chairman, Keshabpur and Md. Rafiqul Islam, Poura Mayor, Keshabpur as special guests.
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