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Meghna Bank opens branch at Uttara

The 19th Branch of Meghna Bank Limited was inaugurated on October 5, 2015 at Uttara, Dhaka. Managing Director and CEO of the Bank Mr. Mohammed Nurul Amin presided over the inaugurating ceremony. Untitled-1Chairman of the Bank Mr. H.N. Ashequr Rahman MP attended the function as chief guest while Mr. Abdul Alim Khan Salim, Vice Chairman of the Bank attended as special guest. Other honorable Directors of the Bank as well as elites and prominent Businessmen of that area attended the program.  

Carmudi releases research report on BD car financing

Carmudi, world's fastest growing vehicle classified has recently launched a research report titled “Car Financing in Bangladesh” at a press meet held at Lakeshore Hotel in Gulshan 2 of the capital. The research provides a look into the current and future state of the flourishing car financing market and how consumer attitudes towards credit have transformed in recent years. The DSC_0149findings in this report are based on studies by governmental institutions and authorities and interviews with financial institutions, car dealers, and banking experts thro...

NTPC mulls selling power to BD from its Assam plant

Indian state-run NTPC will consider selling electricity to Bangladesh from its upcoming 750 MW plant at Kokrajhar in Assam once the neighbouring country finalises plans to buy power from Palatana project in Tripura. “Bangladesh is planning to purchase power from Palatana project in Tripura and talks are going on in this regard. If they are successful, then there is no problem in giving power to Bangladesh (from the upcoming Assam plant),” NTPC Group General Manager — Bongaigaon Thermal Power Project Utpal Chakrabarti said. PowerFor selling power to Bangla...

Funds crunch mires Indo-Bangla rail project

Five years after the plan for an India-Bangladesh railway network was approved, uncertainty persists over the project as no funds have been allocated yet, authorities said. “It is not certain when the work for the project would start. No funds have been allocated so far for the Agartala (India)-Akhaura (Bangladesh) railway project,” Northeast Frontier Railway (NFR) general manager R.K. Gupta told reporters here on Sunday evening. indo-Bangla railTripura Chief Minister Manik Sarkar said: “No funds were also allocated for land acquisi...

Impact of Iran’s nuke deal on Bangladesh

As the world comes to terms with the Iran nuclear deal, there has been plentiful analysis on its impact across the world. The focus largely has been on the impact in the Middle East. Its impact on the Indian subcontinent has also been researched and commented upon, with a specific focus on how India and Pakistan may benefit. However, little has been said about the nuclear deal’s impact on Bangladesh. Oftentimes, news on Bangladesh is dominated by depressing topics such as corruption, floods and heart-wrenching human tragedies such as the Rana Plaza garment factory collapse. All of this gives a

Foreigner killings sign of deeper crisis, says Moyeen Khan

A senior Bangladesh opposition leader said on Monday the killing of two foreign nationals was a sign that law and order was collapsing and the situation may get worse unless a stalemate between the two main political parties is resolved. [caption id="attachment_20116" align="alignright" width="650"]Moyeen-khan-1 File photo of Moyeen Khan[/caption] The opposition Bangladesh Nationalist Party (BNP) has staged violent protests since Prime Minister Sheikh Hasina’s Awami League won a second consecutive term in January 2014. The BNP boycotted the election...
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