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Ahmed Jamal, Deputy Governor of Bangladesh Bank and Hassan O. Rashid, AMD of Eastern Bank Limited (EBL), exchanging an agreement signing document under Investment Promotion and Financing Facility II (IPFF II) Project of BB at its head office on Tuesday. Under the deal, EBL will receive $403.70 million from IPFF II project for refinancing in power and infrastructure projects as one of the participating banks. Senior officials from both sides were also present.

Ahmed Jamal, Deputy Governor of Bangladesh Bank and Hassan O. Rashid, AMD of Eastern Bank Limited (EBL), exchanging an agreement signing document under Investment Promotion and Financing Facility II (IPFF II) Project of BB at its head office on Tuesday. Under the deal, EBL will receive $403.70 million from IPFF II project for refinancing in power and infrastructure projects as one of the participating banks. Senior officials from both sides were also present.

8 Aug 2018, 12:00 am0

Reopening Shela river route deserves reconsideration

DEFYING the repeated pleas of environmentalists, the government reopened the Shela river route after 26 days of the oil spill of 3.58 lakh litres furnace oil that spread out across the entire length of the river. A vernacular daily said, at least 400 water vessels carrying furnace oil, cement, crops, stone, and other bio-hazards plied the river on Wednesday to reach Mongla port — actions that could spell another catastrophe at anytime.The oil spill which occurred on December 9, 2014,...

9 Jan 2015, 12:00 am