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Economics

IBBL Dhaka Central Zone Conference

Business Development Conference of Dhaka Central Zone of Islami Bank Bangladesh Limited was held on March 7, 2017, Tuesday at the Zone Office. Professor Syed Ahsanul Alam, Vice Chairman of the Bank addressed the program as chief guest. Presided over by Md. Mosharraf Hossain, Executive Vice President and Head of the Zone, the program was attended by A.A.M. Habibur Rahman, ...

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SJIBL’s 702nd EC meeting held

The 702nd meeting of the Shahjalal Islami Bank Limited (SJIBL) Executive Committee (EC) held in Sylhet recently. The meeting was held at at Rose View Hotel on Wednesday (March 8) while Md. Sanaullah Shahid, Chairman of the EC of the Bank was in the chair. The members of the committee discussed various issues relate to investment in different sectors. Among ...

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FSIBL sponsored Bangladeshi competitor for London Meet

First Security Islami Bank (FSIBL) has sponsored Tahmid Bin Pasha Sajid to compete International Public Speaking Competition– London Meet. The completion will be start on May 8 and will be concluded on May 12 this year. Syed Waseque Md. Ali, Managing Director, First Security Islami Bank handed over the cheque in a simple ceremony organised in this regard at head ...

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Remittance drops by 17 per cent from July to February in current fiscal

Overall remittance inflow dropped by 17 per cent or US$1.66 billion in the first eight months of the current fiscal over the corresponding period of last fiscal, partly for immigration turmoil abroad. The remittance receipts came down to $8.11 billion during the July-February period of the financial year (FY) 2016-17 from $9.77 billion in the same period of the previous ...

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BR signs Jamuna rail bridge consultancy contract today

Bangladesh Railway is set to sign an agreement with a consortium of Japanese and Bangladeshi firms today (Thursday) to carry out preparatory works for constructing a dedicated railway bridge over the river Jamuna, officials said. They said the Tk 7.47 billion contract is all set to sign with the lead Japanese firm Oriental Consultants Global Company Limited. Other firms in ...

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Tk 4,325cr revenue from mobile operators stuck in litigation

Realisation of overdue value added tax (VAT) of Tk 4,325.47 crore from different mobile phone operators remains stalled due to the cases filed by the mobile operators over the years against the VAT claims, NBR officials said. Sources at the National Board of Revenue (NBR) said the mobile operators are resorting to lawsuits after having been caught by the tax ...

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Holey Artisan attack takes toll, says Mustafa Kamal

  The government has been unable to utilise the total allocation of project assistance in the annual development programme (ADP) this fiscal year because of the impact of the terrorist attack on the Holey Artisan Bakery on July 1 last year, planning minister AHM Mustafa Kamal said yesterday. “It was our ill fate that the foreigners who work with the ...

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Bangladesh, World Bank cooperate to improve child nutrition

The government and the World Bank (WB) today launched a cash benefits program for 600,000 of the country’s poorest mothers and pregnant women in exchange for their participation in activities to improve their children’s nutrition and cognitive development. The WB has committed US$300 million for the program, which will benefit over one million children, said a media release. At the ...

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BTRC preparing map using modern equipment

With the aim of setting a benchmark of quality of services (QoS) for mobile phone operators, Bangladesh Telecommunication Regulatory Commission (BTRC) is preparing a map using modern equipment, reports BSS. The map would specify the actual scenario of the operators’ network, signal and other parameters of QoS in different areas across the country, said officials. Talking to the news agency, ...

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Dhaka Stock Exchange up, Chittagong Stock Exchange down at opening

The bourses of the country — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — witnessed mixed trend in early hour of trading on Thursday, the last trading session of the week. DSEX, the prime index of the premier bourse, sheds over 1.41 points while the Selective Category Index of port city bourse, CSCX rises15.67 points, after first one ...

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