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Salam made SBC GM

2015-08-12 00:00:00

Mohammad Abdus Salam has been promoted to the post of General Manager (GM) of Sadharan Bima Corporation (SBC). Prior to his promotion, he was the GM (current charge) of the Corporation. Mr Salam started his career by joining the SBC...

Photo: Agriculture Secretary Shyamol Kanti Ghosh delivering his speech

2015-08-12 00:00:00

Photo:Northern General Insurance Company

2015-08-12 00:00:00

BGMEA pushes agenda to brighten image

FE Report | 2015-08-12 00:00:00

Apparel lobby group has started promoting the progress the sector has made since the Rana Plaza tragedy took place two years ago, industry people said. As part of its 'Branding Bangladesh' initiative, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)...

New Mooring terminal operation picks up speed

Pankaj Dastider | 2015-08-12 00:00:00

CHITTAGONG, Aug 10: Port regulator's New Mooring Container Terminal operational process got pace after the High Court vacated the cases seeking postponement of the appointment of its berth operators. The High Court on August 5 vacated the two cases -...

HSBC upbeat on B\\\'desh trade sector

FE Report | 2015-08-12 00:00:00

The Hongkong and Shanghai Banking Corporation Ltd (HSBC) in Bangladesh on Tuesday launched the sixth "HSBC Export Excellence Awards" to honour the exporters for their contribution to the country's sustainable economic growth.   The announcement came at a press conference held...

$600m WB loan likely to check Jamuna, Brahmaputra erosion

FHM Humayan Kabir | 2015-08-12 00:00:00

The World Bank (WB) is likely to provide US$600 million in loan for managing Bangladesh's Jamuna and Brahmaputra river erosion as the lender will sit for negotiation tomorrow (Wednesday), officials said Monday. Economic Relations Division (ERD) officials said they are...

News Briefs

2015-08-12 00:00:00

Full-fledged Payra port in 2023, says Shajahan Shipping Minister Shajahan Khan said that the Payra port at Patuakhali would be developed into a full-fledged sea port by the year 2023. The minister was speaking at a reception hosted in his...

Photo: Energypac Electronics Ltd

2015-08-12 00:00:00

Govt okays 20 dredger purchase at Tk 20.48b

FE Report | 2015-08-12 00:00:00

The government approved Tuesday procurement of 20 dredgers at a cost of Tk 20.48 billion for ensuring navigability of the country's rivers and waterways, many of which dry up in summer. Officials said the Executive Committee of the National Economic...

‘Trade preferences for B\\\'desh in US market has justification’

2015-08-12 00:00:00

An influential US congresswoman feels Bangladesh's persistent plea to get duty and quota free access to the American market has justification as the country stands firm against extremism, reports UNB. 'Bangladesh is a democracy and is fighting against terrorism and...

PM for exploring BD-Slovenia untapped potentials

2015-08-12 00:00:00

Prime Minister Sheikh Hasina on Tuesday underscored the need for more institutional arrangements between Bangladesh and Slovenia like exchange of trade, investment and chamber delegations to explore untapped multifaceted potentials, reports UNB. The Prime Minister came up with the view...

Vietnam ready to be Bangladesh dev partner

2015-08-12 00:00:00

Vietnamese Prime Minister Nguyen Tan Dung said Vietnam is ready to become a development partner of Bangladesh. He said this during a meeting with Bangladesh President Abdul Hamid at the State Ceremonial Hall of the Prime Minister's Office  in Hanoi...

Jashim re-elected BPGMEA president

FE Report | 2015-08-12 00:00:00

Md Jashim Uddin has been re-elected president of the Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) for 2015-16 period. While Giasuddin Ahmed was elected senior vice president, Quazi Anwarul Haque and Md Golam Kibria vice presidents of the association....

Youths need financial management training

2015-08-12 00:00:00

RAJSHAHI, Aug 11(BSS) :  Speakers at a discussion said the youths both boys and girls need training on financial management relating to the activities of local government institutions for grooming up their latent knowledge on the issues. They viewed designed...

Photo: HSBC Bangladesh

2015-08-12 00:00:00

Premier Bank holds Shari\\\'ah body meeting

2015-08-12 00:00:00

The Premier Bank Limited organised it's thirtieth meeting of the Shari'ah Supervisory Committee on Monday at its head office in the city presided over by Dr HBM Iqbal, chairman of the board of directors, says a press release. BH Haroon...

MoneyGram grant for underprivileged children\\\'s edn

2015-08-12 00:00:00

MoneyGram, a global provider of innovative money transfer services, Tuesday handed over a cheque for $53,600 to Underprivileged Children's Educational Programmes, Bangladesh, as grant through the MoneyGram Foundation, says a press release.   The collaboration with the MoneyGram Foundation will improve...

Photo:Standard Bank Limited

2015-08-12 00:00:00

Photo: South Bangla Agriculture & Commerce (SBAC) Bank Ltd

2015-08-12 00:00:00

Listed cement cos witness mixed profits in H1

Babul Barman | 2015-08-12 00:00:00

Listed cement companies witnessed mixed trend in their profits in the first half in 2015, compared to the same period last year as businesses faced disruption due to political turmoil. Among the seven listed cement-makers, four witnessed profits during the...

Portfolio investment sees 34pc decline in last FY

FE Report | 2015-08-12 00:00:00

Foreign investment in equities and bonds, generally known as portfolio investment declined significantly in the last fiscal year. Statistics available with Bangladesh Bank revealed that net portfolio investment stood at $618 million at the end of fiscal year 2014-15. The...

News Briefs

2015-08-12 00:00:00

NCC Bank  training course held NCC Bank Training Institute recently arranged a week-long training course titled 'Leadership Development Programme' for the executives and officers of the Bank. S. M. Abu Mohsin, Chairman of the Bank attended in the opening ceremony...

DSEX dips below 4,800-mark again

FE Report | 2015-08-12 00:00:00

Stocks ended marginally lower Tuesday, for the fourth consecutive day as investors went for late hours selling binge, anticipating further correction. The market started with a mixed trend and gradually landed into the red as the session progressed. DSEX, the...

Muqtadir new Chair of Global Insurance Co

2015-08-12 00:00:00

The Board of Directors of Global Insurance Limited (GIL) in its recent board meeting has unanimously elected Md Abdul Muqtadir as chairman of the company. Muqtadir had also been elected chairman of the company during the year 2012-2013, said a...

IPO Diary

2015-08-12 00:00:00

Photo: Central Insurance Company Ltd

2015-08-12 00:00:00

Photo: Social Islami Bank Limited (SIBL)

2015-08-12 00:00:00

Bangladesh, Bhutan to explore scope

Doulot Akter Mala | 2015-08-12 00:00:00

The Joint Group of Customs (JGC) of Bangladesh and Bhutan has recently decided to explore the possibility of using Chilmari-Roumari river routes by Bhutan. The joint working group of customs officials discussed the agenda at a meeting held in Thimphu,...

JS body for training to fake licence holders

FE Report | 2015-08-12 00:00:00

The parliamentary standing committee on the road transport and bridges ministry recommended Tuesday steps for providing training to those having fake or no licence so that they can get licence that will reduce road accidents. The committee also suggested bringing...