Business DeskThe 135th Executive Committee meeting of Takaful Islami Insurance Limited was held at the head office of the company recently. Chairman of the Executive Committee Md Humayun Kabir Patwary presided over the meeting which was attended by Emdadul Haque Chowdhury, Md Mofiz Uddin, Md mohiuddin and other members of the committee.KAM Ferdous, Managing Director and Abul Kalam Azad, General Manager and Company Secretary were also present.The meeting discussed various issues pertaining to development of business of the company and...
Xinhua, DamascusThe Syrian pound, which remained stable for more than four months, has slightly depreciated over this month, prompting the government to take measures to prevent any further decline.The pound has declined from 144 pounds per US dollar to 160 pounds in the black market over the past three days ahead of the Geneva II peace conference on Syrian crisis, which is due to convene on Jan. 22. However, Syrian government’s quick intervention has succeeded in pushing up the price...
Business DeskNur Mohammad Akon, formar alternate director of Islami Bank Bangladesh Limited passed away on Wednesday at a city hospital...
The newly elected government of Prime Minister Sheikh Hasina has seemingly chosen its immediate task of fixing economy, which has become a major challenge due to political uncertainty.Some of the most senior cabinet members on their first working day made it clear that the government vowed to tackle violence and anarchy to ensure security so trade and business can go ahead unhindered.”The strike and blockade in the last two to three months, especially the terrorism before and after the national...
AP, Washington The global economy is slowly picking up steam, led by advanced economies appearing to turn the corner after five years of financial crises and recession and a continued good performance by China, the World Bank said Tuesday.However, it says growth prospects remain vulnerable to rising interest rates and potential volatility in capital flows as the U.S. Federal Reserve eases up on the extraordinary stimulus it has been providing to the U.S. economy, the world’s largest.The bank’s twice-yearly Global...
There is mounting criticism of the New Zealand government for getting a 60-seat boat built cheaply in Bangladesh instead of getting it locally.Radio New Zealand says the Ministry of Foreign Affairs and Trade (MFAT) commissioned the aid-funded ferry for $8 million from Bangladesh to replace a vessel linking the New Zealand territory of Tokelau to Samoa.The vessel sails every fortnight.Kim Campbell, chief executive of the Northern Employers and Manufacturers Association, believes the boat-building industry in New Zealand has not been...
Local Hajj agencies need not to take approval from Bangladesh Bank to send collateral money to Saudi agents for those going to Saudi Arabia to perform Umrah.Bangladesh Bank’s Foreign Exchange Policy Department informed various banks of its new policy on Monday.The Saudi embassy usually gives visa through a Hajj agency, and local agents deal with their associates in Saudi Arabia.The Saudi agents take 100,000 Saudi Riyal from Bangladeshi agents as collateral money to ensure people return home after performing Umrah.Earlier,...
Business Desk :The High Court has ordered chemical testing of all kinds of spices marketed by Pran Agro Ltd to...
UNB, Dhaka :Bangladesh Railway has incurred a loss of over Tk 8.25 crore in two fiscal years (FY07 and FY08) for realising license fee at lower rate from Grameen Phone, a leading mobile phone operator of the country.Although the Land Management Policy 2006 fixed license fee at Tk 335 and Tk 223 per square feet of land in divisional towns and other areas respectively, Bangladesh Railway realised license fee at the rates of Tk 16, Tk 8 and Tk 6...
bdnews24.com :Commerce Minister Tofail Ahmed has said facilitation of transit and transshipment facilities to each other could help South Asian...
AFP, Detroit :Cars that park themselves, radar- guided safety sensors and infotainment systems with web access; automakers are competing for...