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Remittance on the decline

Remittance’s slide continues for the third straight month in Bangladesh, after the month of October saw receipts decline 8.18 per cent year-on-year to $1.01 billion. Migrant workers sent home $4.26bn in the first four months of the fiscal year, down 17.31pc year-on-year. The decline in oil price, which dropped to its historic low in January this year from its historic forexhigh in the middle of 2014, affected incomes in the Gulf Cooperation Council economies, weakening the demand for migrant workers. The bonus and overtime...

BD wants next US administration to lower trade barriers

As the United States goes to the polls in two days, Bangladesh hopes that the next US administration would relax its protectionist measures to encourage higher consumer spending in its retail economy. Despite the South Asian country strengthening its ties with China, security and strategic experts in Bangladesh hope that the US would make room for the Bangladeshi economy to prosper with more trade preferences and less political prejudice. Bangladesh is of “deep strategic interest” for the United States from a security perspective. usbd...

AIBL 138th Branch at Mostofapur, Madaripur

Al-Arafah Islami Bank Ltd (AIBL) opened its 138th branch at on Sunday (6 November 2016). Director of the Bank Alhajj Abdul Malek Mollah inaugurated the branch as Chief Guest. Managing Director Md. Habibur Rahman presided over the ceremony. Principal of Al-Arafah Islami Bank Training & Research Academy Nurul Islam Khalifa was present as special guest. Head of AIBL Khulna Zone Md. Manjurul Alam delivered the welcome speech. The occasion was addressed by Proprietor of Alif Auto Rice Mill Engr. Md. Mahbubul Alam Khan, Secretary

Axiata Chief discusses digital future with Robi talents

Axiata Managing Director/ President and Group Chief Executive Officer (GCEO), Tan Sri Jamaludin Ibrahim has urged Robi talents to lead the company’s drive towards delivering on Axiata Group’s vision of becoming the Next Generation Digital Company by 2020. He made this appeal to the Robi talents over an inspirational session that took place recently at a city hotel. Axiata’s Managing Director/ President and GCEO recently visited Bangladesh along with the Axiata Senior Leadership Team members to review Robi’s business operations. Axiata’s CEO for the South Asian Region, Dr. Hans Wijayasuriya; Group Chief Talent Officer,

Bagdoom becomes sponsor for Rajshahi Kings

Bagdoom.com, the leading lifestyle e-commerce platform of Bangladesh has become the sponsor for Rajshahi Kings, the Rajshahi based franchise cricket team for Bangladesh Premier League (BPL) 2016, in the top professional cricket league, running for the fourth season this time. On sponsoring the team, Bagdoom.com has earned the exclusivity of merchandising rights for online sale of the Rajshahi King’s apparel and other products on their website. The deal was closed through a signing ceremony held at Bagdoom’s Head Office at Gulshan 1 of the capital. Syeda Kamrun Ahmed Chief Executive Officer of Bagdoom.com and Mayeen Chowdhury,

Shakib shakes hand with 40 years of writing heritage

Established in 1976 Linc Pens today has become a global leader in writing material industry. The organization recently reached an agreement with the ‘World’s No. 1 All-rounder cricketer’ Shakib Al Hasan as its Brand Ambassador. In this regard Linc Pens’ the only importer since 2007 in Bangladesh, Choice Group commenced its 25th special annual sales conference and also introduced Mr. Sakib Al Hasan as its Brand Ambassador at the conference room of Local Government Engineering Department (LGED) Bhaban, Agargaon, Dhaka on Saturday. Ambassador Shakib Al Hasan of Linc Pens and Plastics Limited, Mr. RohitJalan, Director of Linc Pen & Plastic Ltd., Kolkata, Mr. Vinay
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