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BASIC Bank, BTCL ink deal on bill pay

An agreement was signed recently between BASIC Bank Limited and BTCL (Bangladesh Telecommunication Company Limited) at BASIC Bank’s Head Office. Additional Secretary & Managing Director of BTCL, Mr. G. Fakhruddin Ahmed Chowdhury, and Managing Director of BASIC Bank Limited, Mr. Khondoker Md. Iqbal, signed the agreement on behalf of their respective organizations. Agreement with BTCL Deputy Managing Directors, General Managers of BASIC Bank Limited and Senior officials of BTCL were also present during the signing ceremony. ...

SpaceX rocket in historic vertical landing

US space company SpaceX has successfully landed an unmanned rocket upright - the first time such a feat has been accomplished. [caption id="attachment_21014" align="alignleft" width="540"]spaceX It is the first time an unmanned rocket has returned to land vertically on earth        (AP)[/caption] The Falcon-9 rocket booster despatched 11 communications satellites before returning to an upright position at Cape Canaveral. The achievement has been hailed as milestone towards reusing rockets. It is hoped the mission will boost moves to reduce the cost of priva...

Bank Asia credit for Tk 10 account-holders

As a part of Bank Asia’s venture to direct loan disbursement, Prime Minister’s Principal Secretary Mr. Md. AbulKalam Azad and Chairman of the Bank Mr. A Rouf Chowdhury are handing over micro credit ‘sanction letter’ to one of a Ten-Taka-Account-Holders of the Bank at a function of Agent Banking held at Abdullahpur Union Digital Center Outlet in Tongibari Upazila of Munshigonjdistrict on Saturday (19th December, 2015). Press final 02Governor of Bangladesh Bank Dr. Atiur Rahman, Chairman of Board Executive Committee of Bank Asia Mr...

Ncell, Nepal to merge with Axiata

Axiata Group Berhad (Axiata) announced the expansion of its regional footprint and entry into the Nepal market through the acquisition of its number one mobile operator, Ncell Private Limited (Ncell). Through its wholly-owned subsidiary, Axiata Investments (UK) Limited, Axiata has entered into a conditional sale and purchase agreement with TeliaSonera UTA Holdings B.V. and SEA Telecom Investments B.V. for the 100% acquisition of Reynolds Holdings Limited (Reynolds). mobiledeviceThe acquisition of Reynolds for the purchase price of USD1.365 b...

IFC to finance Robi’s network expansion

International Finance Corporation (IFC), a member of the World Bank Group, will provide financing to help Robi Axiata Limited (Robi) to expand its telecom network and build new telecommunication infrastructure networks. The US $99 million long term loan facility will enable Robi to improve public access to affordable and reliable Robi-IFC 1telecommunication services by increasing capacity and extending coverage, particularly in rural and underserved areas. A significant portion of the debt financing will be channeled toward augment...

NRBC Bank donates to UCEP

NRBC Bank (NRB Commercial Bank Limited) recently donated a Cheque of Tk.25 lac to the Underprivileged Children’s Education Programme, Banladesh (UCEP). NRBCB & UCEP,BDEngr. Farasath Ali, Chairman of NRBC Bank, handed over the Cheque to the Executive Director of UCEP Mr. Zaki Hasan at Bank’s Head Office. The programme was attended among others by the Vice Chairmen of the Bank Dr. Toufique Rahman Chowdhury, Director and EC Chairman Mr. Mohammed Adnan Imam,FCCA, Director and RMC Chairman Mr. Mohammad Shahid Islam, Director Engr. Syed Munsif...
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