Bangladesh and Japan at a dialogue in Dhaka have agreed to cooperate each other in developing different services, industry and consumer sectors.The two sides identified areas of cooperation like food processing, light engineering, consumer goods, information technology and logistics at the day-long 4th Bangladesh-Japan Public Private Joint Economic Dialogue (PPED)...
Read moreThe move to ramp up natural gas output from local gas fields is going to face a setback as the Socar, a foreign oil company, has intended to leave midway through an onshore drilling project. The Bangladesh Petroleum Exploration & Production Company Limited (Bapex) had assigned the Socar, the state...
Read moreThe government has directed the specialised banks and financial institutions (FIs) to work out their plans to recover money from all loan defaulters, reports UNB.The Financial Institution Division of the Finance Ministry has recently given this directive to the banks while holding a meeting with the top executives of the...
Read moreBangladesh House Building Finance Corporation (BHBFC) is planning to construct houses in khas (government) lands by using modern technology for the middle and lower income groups under 'rent to buy' method, reports BSS."We will construct the houses in the khas land through developers," said BHBFC Managing Director Debasish Chakrabarty."The houses...
Read moreA launching ceremony of phase II of the Jibika project, a collaboration between BRAC and Chevron, was held recently in Dhaka. Representatives of Government of Bangladesh, BRAC, Chevron, IDEA and Village Development Organisation were present on the occasion, said a statement. Muhammed Ahsanul Jabbar, Additional Secretary, Energy and Mineral Resources...
Read moreRIYADH, July 07 (AFP): Saudi Arabia's King Salman hosted British finance minister Philip Hammond for talks in the western city of Jeddah on Sunday, state media said, amid renewed prospects of an overseas stock listing of oil giant Aramco.The leaders discussed ways to "strengthen economic and financial cooperation" and also...
Read moreNIAMEY, July 07 (Reuters): African leaders met on Sunday to launch a continental free-trade zone that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development.After four years of talks, an agreement to form a 55-nation trade bloc was...
Read moreMIRNY (Russia), July 07 (AFP): Diamonds are forever, and so is the permanently frozen ground of Yakutia in north eastern Siberia, home to huge diamond deposits that ensure Russia’s supremacy in world production of the luxury stone.In the city of Mirny, the sun shines almost continuously during the region’s white...
Read moreManaging Director & CEO of Agrani Bank Limited Mohammad Shams-Ul Islam inaugurating two training courses styled 'Application & Operation of Online Banking Software (Temenos T24)' and 'IT Audit of Branch Banking' in the city on Sunday with General Manager (IT) Md. Shafiqur Rahman Sadique, Deputy General Manager & Director (ABTI)...
Read moreChief Executive Officer and Managing Director of Janata Bank Ltd Md Abdus Salam Azad and other high officials seen at a Doa (special prayers) organised by the bank in the city recently to seek devine blessings for the 157 execuive officers and employees of the bank who left the country...
Read moreSonar Bangla Insurance Limited (SBIL) Chairperson Sheikh Kabir Hossain addressing the 19th annual general meeting (AGM) of the company at IDEB Bhaban in city recently. The shareholders approved 6.0 per cent cash and 6.0 per cent stock dividend for the year-2018. SBIL Vice-Chairperson Shahidul Islam Niru, Chief Adviser Quazi Sirajul...
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