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BD should prioritise Ctg port development

A leading Bangladeshi economist has declared that the country will not be able to emerge as a middle-income country and achieve the $50 billon garment export target without prioritising development of Chittagong, according to media reports in Bangladesh. “We cannot achieve the $50 billon export target without opening and widening a second hub for the sector in Chittagong after its huge growth in Dhaka and its adjoining areas,” said Hossain Zillur Rahman. Rahman made the comments while addressing a roundtable on “realising $50 billion target for Ctg port

Tea workers fret over development plan

The government plan to acquire hundreds of hectares of agricultural land from a tea estate for a special economic zone has triggered strong opposition from activists, including church leaders. Officials in northeastern Sylhet’s Habiganj district are in the final phase of acquiring 511 hectares of land at the Chandpore Tea Estate. Authorities plan to develop the land into an economic zone. [caption id="attachment_19935" align="alignright" width="540"]Bangladeshi tea workers are mostly indigenous people from India who migrated during British rule. They are among the most deprived and margi...
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Carmudi Hamba Ride to cows, goats this Eid

Running after your cows and goats is a usual scenario on Dhaka streets right when the “Qurbani Eid” is round the corner. The common practice of walking the animals bought for sacrifice from the selling point to back home comes with much hassle and sweat. Carmudi, the number one online vehicle marketplace of Bangladesh, in collaboration with Radio Foorti, is bringing a unique, thrilling and much relieving “Hamba Ride” contest offer of transporting the cows and goats from the “cow haat” to the owner’s house. The festooned truck Carmudi Hamb Ride 2

Prime Ins inaugurates its new Corp Head Office

Prime Insurance, a leading second generation insurance company has inaugurated its new Corporate Head Office at Unique Heights in Kazi Nazrul Islam Avenue, Dhaka recently. PhotoMr. Md. Zakiullah Shahid, Chairman of Prime Insurance inaugurated the office. Directors, CEO Ms. Mohammodi Khanam along with other high officials of Prime Insurance were present during the inauguration. On the occasion of inaugurating new corporate head office Md. Zakiullah Shahid said “The company’s 19 years of journey is moving to own premises, which is a great achievement. Ne...

AIBL Agent Banking Outlet at Feni

Al-Arafah Islami Bank Limited (AIBL) is operating Agent Banking Service for its clients. In this connection, an Agent Banking Outlet was inaugurated on 20 September, 2015 at Mohammad Ali Bazaar, Feni. Deputy Managing Director of the Bank Md. Rezaur Rahman inaugurated both of the Agent 20150921_AIBL_AgentBanking_pressBanking Outlet as Chief Guest. Among others Executive Vice President & Head of Agent Banking Division Abed Ahmed Khan and Senior Vice President Aminul Islam Bhuiyan were present as Specia...

BB to mobilise $ 7bn for infrastructure

Bangladesh Bank plans to mobilise up to $7.0 billion to develop the country’s infrastructure and boost economic growth, its governor said on Sunday. The bank would help reach that sum by establishing a sovereign wealth fund, issuing bonds and selling dollars from its reserves to designated banks and financial institutions, Governor Atiur Rahman told Reuters. “It is possible to mobilise the fund for development of the infrastructure to accelerate economic growth to 8 percent from the present 6.5 percent, aiming to becoming a middle-bbincome country by 2021,” he...
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