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Help BD recover stolen money, pursue NY Fed: WB

On February 5, 2016, cyber-robbers made off with $81 million dollars (US) after successfully executing a series of transactions that traveled through the New York Federal Reserve Bank and moved money to accounts in Sri Lanka and the Philippines. As the process of investigating and attempting to recover the illegally purloined funds continues, the World Bank has stepped into the fray. It has proposed to help the Bangladesh Bank in its efforts to recover the stolen money and to enhance Bangladesh’s cyber security. The offer came via letter sent to the Bangladesh Bank on Sunday. The World Bank offered to extend support to the Bangladesh Bank in its efforts to pursue resolution of this matter with the US Federal Reserve. The attack used a Federal Reserve

India keen to develop Payra seaport

India has evinced keen interest to invest for developing the Payra seaport in Bangladesh in a move to further strengthen the existing ties between the two neighboring countries. The interest was shown while Indian High Commissioner to Bangladesh Harsh Vardhan Shringla payra portpaid a curtsey call with Shipping Minister Shajahan Khan in his secretariat office here today, according to a press release. During the meeting they discussed bilateral issues including seaports of Chittagong, Mongla, Ashuganj and Pangaon, co...

Indian scholarships for over 800 BD students

India on Sunday distributed scholarships to over 800 Bangladeshi students under the ‘Muktijodha Scholarship Scheme’. The scholarships were distributed at the hands of Minister bd-indiafor Liberation War Affairs in the presence of Indian High Commissioner Harsh Vardhan Sringla. The Indian Government in 2006 initiated the scholarship scheme to strengthen the historic legacy that both countries share in fighting and winning the 1971 Bangladesh Liberation War against Pakistan. Under the scheme, descendants of freedom fight...

Workshop on urban poverty reduction held in city

A regional exchange workshop was organized at the very end of the Urban Partnerships for Poverty Reduction (UPPR) learning and good practices documentation process. It aimed to establish a dialogue among the community members, a selection of national and international experts, the consultant team leading the documentation, and UNDP. The workshop was organized at Bangabandhu International Convention Centre (BICC), Dhaka during March 20-21, 2016. The workshop featured the findings from the ‘Documentation of UPPR Learning and Good Practices’ – the country’s single largest urban poverty reduction project which was implemented during 2008-2015. UNDP hosted the two days long regional exchange workshop to validate multiple lessons [caption id="attachment_22396" align="alignleft" width...

Bay of Bengal Business Forum launched

The “Bay of Bengal Business Forum” – a new initiative to enhance business relationships and regional cooperation among the nations in the region and the world was organized on 12th March 2016 in Andaman & Nicobar Islands-India. Mr. Mayeen Chowdhury, Managing Director of Khan Bahadur Group and Member of International Business Forum of Bangladesh (IBFB) represented Bangladesh in the forum where it was opined that the business potentials of the Isles can be developed and taken to higher level. Initiated by the US Consulate of Chennai (Department of Commerce), “Bay of Bengal Business

DBCCI welcomes Netherlands Ambassador

Dutch Bangla Chamber of Commerce & Industry (DBCCI) hosted a reception in honor to Leoni Cuelenaere, Ambassador, Embassy of the Kingdom of the Netherlands in Dhaka on Monday afternoon (Match 21, 2016) at the Gardenia - Grand Hall , Gulshan2 in the capital. The Special Guests attended the event were Mr. Kabir bin Anwar, Director General (Admin), Prime Minister’s Office (PMO), Government of the Peoples Republic of Bangladesh & Major Gen. Humayun Khaled,(Retd), Chairman, Bangladesh Jute Mills Corporation (BJMC). Md Hassan Picture
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