Browse Tag

News

BASIC Bank holds 27th AGM

The 27th Annual General Meeting (AGM) of BASIC Bank Limited was held on Thursday, July 14, 2016 at Head Office of the Bank. Mr. Alauddin A. Majid, Chairman of the Board of Directors presided over the meeting. Mr. Shams Al Mujahid, Joint Secretary, Bank and Financial Institutions Division, Ministry of 27th AGM of BASIC BankFinance attended the meeting as the representative of the Bank’s sole shareholder the Govt. of Bangladesh. Among others- Begum Parag, Mr. Hasan M...

IBFB denounces attacks on Gulshan cafe

International Business Forum of Bangladesh (IBFB) expresses deep shocks and saddens by the dreadful, horror and inhuman terrorist attacks over the innocent and unarmed Bangladeshi and Foreign Citizens at the Holey Artisan Bakery at Gulshan, Dhaka on 1st July 2016. IBFB deeply mourns over the barbarous keeling and death of 20 innocent human beings, and earnestly pray that their dedicated departed souls may rest in eternal peace. IBFB most humbly conveys its deepest condolences to the bereaved family members and Dhaka Attack

BATB abuses children in its supply chain: Swedwatch

In its Smokescreens in the Supply Chain report, the Swedish NGO blamed British American Tobacco (BAT), the world’s third largest tobacco company, for “expanding cultivation into new countries without adequately addressing human rights challenges”. Swedwatch said it had identified widespread child labour issues and severe health issues in BAT’s Bangladeshi supply chain. Frida Arounsavath, a researcher at Swedwatch, told EurActiv.com that the workers producing tobacco for BAT Bangladesh (BATB) were farmers, their wives and children, and also hired agriculture labourers, as well as their family members. “Children and adults alike report health problems from exposure to pesticides, absorption of nicotine through the skin when handling the leaves (the acute poisoning is called Green...

Oracle brings SPARC to cloud

Oracle recently announced major new additions to the SPARC platform that for the first time bring the advanced security, efficiency and simplicity of SPARC to the cloud. Built on the new SPARC S7 microprocessor, the latest additions to the SPARC platform include new cloud services, engineered systems and servers. While the business benefits of the public cloud are increasingly clear, many organizations have oracle_summit_09252013_620_412_100yet to move enterprise workload...

Forbes recognises IBBL ‘best performing bank’

Islami Bank Bangladesh Limited (IBBL) is the largest and most profitable bank, and by all accounts one of the best-performing companies in Bangladesh, according to the prestigious Forbes magazine. The US-based business magazine has also found that the Islami Bank has tapped into what is called the country’s “Two Rs” approach: ready-made garments and remittances from workers abroad. Helping with industrialisation in a labour-intensive sector has generated employment even as New Imagemillions of migrant workers send wag...

Meeting on BB heist with NY Fed postponed

A meeting between Bangladesh central bank officials and the New York Federal Reserve scheduled for this week to speed up efforts to recover $81 million stolen from Bangladesh Bank’s account at the Fed has been postponed, officials in Dhaka said. A four-member Bangladesh Bank team headed by deputy governor Mohammad Razee Hassan, who also heads its financial intelligence unit, was to meet Fed officials in New York on July 15. bb“We are in talks with the Fed and hoping that the meeting will take place anytime at the end of this month ...
Verified by MonsterInsights