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BIAC stresses on ADR in financial sector

Bangladesh International Arbitration centre (BIAC), country’s first and only ADR institution, visited Bangladesh Bank, the central bank of Bangladesh recently and explained the need and use of alternative dispute resolution (ADR) in the financial sector. In the discussion meeting, BIAC gave a small presentation on how effectively ADR worked worldwide and how it can assist banks in recovery of bad debt and its other contractual disputes. Following the need and the use of ADR in Bangladesh, three prominent business FinalChambe...

#darazcares – a tribute to women

Daraz.com.bd, a leading online retailer teamed up with their brand ambassador Mushfiqur Rahim, Test Captain of BD cricket team and implemented an initiative of #DarazCares. This was carried out in association with ActionAid Bangladesh to support their project, the Happy Homes- Centres for the deprived and underprivileged girls of Dhaka city. As a tribute to International Women’s day, ActionAid helped Daraz host a program at their premises with 30 marginalized girls out of 150 of ‘Happy Homes’, a home supported by ActionAid Bangladesh which works for the improvement of the lives of these girls. Daraz

Nat’l high school programming contest at CoU

Targeting the high school students to make them competent in the information communication and technology sectors with the slogan 'Let them know, show yourself off', the National High School Programming Contest 2016, organized by the Information and Communication Technology Division (ICT) of Bangladesh government and powered by Robi Axiata Ltd. held with a befitting manner at Comilla University on Tuesday. The department of Computer Science and Engineering (CSE) of the university conducted the program. Professor Dr Md Ali Ashraf, Vice-chancellor of Comilla University inaugurated the ceremony in the morning.

Better Work Bangladesh evaluates progress

In its first stakeholders and buyers forum in Dhaka on March 6 and 7, Better Work Bangladesh took stock of progress made and discussed the future direction and activities of the initiative, the International Labour Organisation (ILO) said on its website. The events saw dialogue on the Better Work programme and its partnerships, achievements and challenges as it seeks to improve working conditions and competitiveness in the Bangladesh ready-made garment sector. betterTaking part in the two day event were some 200 members of ...

NBR for reforming VAT to uniform rate system

Chairman of the National Board of Revenue (NBR) Nojibur Rahman recently (Monday) said the NBR has now no choice but to implement the Value Added Tax and Supplementary Duty Act. The Chairman said global policy on finance and trades have been undergoing reform in terms of capacity building to ensure sustainable development of economy. Taking consideration of the reforming policy of G-7 and China, NBR is willing to take partnership with stakeholders like ICAB to generate more revenues through change of its revenue collection policies, he added. Change is permanent, NBR value this phenomenon and come up with policy reform initiatives to create a revenue culture in the country, he said.

NRBCB Board recommends 9pc dividend

Recently the Board of Directors of NRB Commercial Bank Limited in its 41st meeting approved the Audited Financials and recommended 9% dividend for the year ended on 31st December 2015, for the upcoming 03rd AGM of the Bank. Ballance Sheet PhotoAmong others, the Signing ceremony was attended by the Chairman of the Bank Engr. Farasath Ali, Vice Chairman Dr. Toufique Rahman Chowdhury, Directors Mr. Firoz Haider Khan, Mr. Mohammed Adnan Imam,FCCA and Mr. Rafikul Islam Mia Arzoo. Managing Director and...
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