Wednesday, May 24, 2017 | ePaper
Arastoo Khan, Chairman of Islami Bank Bangladesh Limited, presiding over the 34th AGM at Kurmitola Golf Club in the city on Tuesday. AGM approved 10pc cash dividend for its shareholders for the year 2016. Yousif Abdullah Al-Rajhi of KSA, Vice Chairman, Sheikh Moulana Mohammad Qutubuddin, Chairman of Shariah Supervisory Committee and Dr. Areef Suleman, Director of the bank were present among others.

Arastoo Khan, Chairman of Islami Bank Bangladesh Limited, presiding over the 34th AGM at Kurmitola Golf Club in the city on Tuesday. AGM approved 10pc cash dividend for its shareholders for the year 2016. Yousif Abdullah Al-Rajhi of KSA, Vice Chairman, Sheikh Moulana Mohammad Qutubuddin, Chairman of Shariah Supervisory Committee and Dr. Areef Suleman, Director of the bank were present among others.

Saudi investment in economic zone sought

Economic Reporter :The government may set up a separate economic zone for Saudi Arabian investors, after similar benefits were offered to China, Japan and India. Finance Minister AMA Muhith made

Minister upbeat on BD-UAE package tourism

Economic Reporter :Enhancing air connectivity between United Arab Emirates (UAE) and Bangladesh will play a pivotal role in expanding tourism and trade between the two countries.This was told at a

Md Mehmood Husain, Managing Director of NRB Bank Limited and Ashraful Alam, Chief Operating Officer of Aarong, exchanging agreement documents at the bank's head office in the city on Tuesday. Under the deal, Credit Cardholders of the bank will enjoy 15pc discount at any Aarong outlet during Ramzan. Imran Ahmed, Chief Operating Officer and Mir Shafiqul Islam, Head of Cards of the bank were also present.

Md Mehmood Husain, Managing Director of NRB Bank Limited and Ashraful Alam, Chief Operating Officer of Aarong, exchanging agreement documents at the bank's head office in the city on Tuesday. Under the deal, Credit Cardholders of the bank will enjoy 15pc discount at any Aarong outlet during Ramzan. Imran Ahmed, Chief Operating Officer and Mir Shafiqul Islam, Head of Cards of the bank were also present.

BD trends fantastic growth amid global slowdown: Dr. Atiur

Staff Reporter :Bangladesh and India, two key countries of South Asia, are demonstrating fantastic growth trends as part of developing Asia despite global uncertainties and slowdown, said Professor Dr. Atiur

Tofail hints at 12pc VAT rate

Economic Reporter :Commerce Minister Tofail Ahmed has hinted that the government may set a flat 12pc value-added tax (VAT) rate in the upcoming fiscal year."If the VAT rate is set

Number of women entrepreneurs' rising

Tania Wahab dreamt of becoming an employer instead of being an employee after completion of her study. She formally started running after her dream in 2005 and now there are

Syed Waseque Md Ali, Managing Director, First Security Islami Bank Limited, Mohammad Samsul Haque, Managing Director, Asian Tiger Capital Partners Investments Limited and Mohammad Sarwar Hossain, Managing Director of Roots Investment Limited poses after signed an agreement for issuance of BDT 450crore on behalf of their own organization at the bank head office in the city on Monday. High officials from respective organizations were present.

Syed Waseque Md Ali, Managing Director, First Security Islami Bank Limited, Mohammad Samsul Haque, Managing Director, Asian Tiger Capital Partners Investments Limited and Mohammad Sarwar Hossain, Managing Director of Roots Investment Limited poses after signed an agreement for issuance of BDT 450crore on behalf of their own organization at the bank head office in the city on Monday. High officials from respective organizations were present.

M Nazeem A Choudhury, Head of Consumer Banking of Eastern Bank Ltd and Mohd. Ali Ahsan, Director of Marketing and Sales, Biman Bangladesh Airlines exchanging an signing documents at a city hotel recently. Under the deal, cardholders of the bank will be entitled to pay the airfare in interest -free installments, while travelling in business or economy class of Biman. M Khorshed Anowar, Head of Consumer Banking of the bank and Syed Ahasan Hossain Kazi, GM of Marketing and Sales of Biman were also present.

M Nazeem A Choudhury, Head of Consumer Banking of Eastern Bank Ltd and Mohd. Ali Ahsan, Director of Marketing and Sales, Biman Bangladesh Airlines exchanging an signing documents at a city hotel recently. Under the deal, cardholders of the bank will be entitled to pay the airfare in interest -free installments, while travelling in business or economy class of Biman. M Khorshed Anowar, Head of Consumer Banking of the bank and Syed Ahasan Hossain Kazi, GM of Marketing and Sales of Biman were also present.

Stocks maintain upward trend with higher transactions

Stocks maintained upward trend on Tuesday as the major indices of both Dhaka and Chittagong Stock Exchanges were found upward with higher transactions of large-cap securities.The rising major sectors were

GP brings smartphones with Micromax, Lava

Economic Reporter :In partnership with Micromax and Lava, mobile phone operator Grameenphone has introduced co-branded smartphones at affordable price.The operator on Sunday launched Micromax Q354 and re-launch Lava Iris 505

Safiul Alam Khan Chowdhury, Additional Managing Director of Pubali Bank Limited, addressing at a training session on

Safiul Alam Khan Chowdhury, Additional Managing Director of Pubali Bank Limited, addressing at a training session on "Trade Finance Compliance" at the bank head office in the city recently. Mohammad Ali and Akhtar Hamid Khan, DMD and Mohammad Shahadat Hossain, GM and Head of International Division of the bank were also present.

China's trade with N.Korea falls

AFP, Beijing :China's imports from North Korea fell in April to a near three-year low, data showed Tuesday, as Beijing faces calls to put more economic pressure on its nuclear-armed

‘Iraq agrees to 9 month extension of OPEC production cut’

AFP, Baghdad :Iraq has agreed to a nine-month extension of a production cut pact among OPEC members that is aimed at boosting crude prices, the country's oil minister said on

Khaled Al Aboodi, CEO of Islamic Corporation for the Development (a private sector arm of Islamic Development Bank) and Sheikh Mohammed Maroof, DMD of City Bank Ltd, exchanging documents after signed a MOU at the Annual Meeting of the IDB Group at Hilton Hotel, Jeddah recently. Mohammad Mahbubur Rahman, Chief Financial Officer of City Bank was also present.

Khaled Al Aboodi, CEO of Islamic Corporation for the Development (a private sector arm of Islamic Development Bank) and Sheikh Mohammed Maroof, DMD of City Bank Ltd, exchanging documents after signed a MOU at the Annual Meeting of the IDB Group at Hilton Hotel, Jeddah recently. Mohammad Mahbubur Rahman, Chief Financial Officer of City Bank was also present.

Mexico raises economic outlook despite Trump fears

AFP, Mexico City :Mexico raised its economic growth outlook on Monday, saying it performed better than expected in the first quarter despite fears it would suffer from US President Donald

Shaikh Md Wahid-uz-Zaman, Chairman of Janata Bank Limited, presiding over the 10th AGM at the bank head office in the city on Monday. Md Fazlul Haque, Additional Secretary of Bank and Financial Institutions Division, Md Abdus Salam, Managing Director, Khondker Sabera Islam, Md Mofazzal Husain and Mohammad Abul Kashem, Directors of the bank were present among others.

Shaikh Md Wahid-uz-Zaman, Chairman of Janata Bank Limited, presiding over the 10th AGM at the bank head office in the city on Monday. Md Fazlul Haque, Additional Secretary of Bank and Financial Institutions Division, Md Abdus Salam, Managing Director, Khondker Sabera Islam, Md Mofazzal Husain and Mohammad Abul Kashem, Directors of the bank were present among others.

.

Ctg Customs may exceed revenue target in FY17

BSS, Dhaka :Chittagong Custom House (CCH) is likely to exceed it revenue collection target in fiscal 2016-17 (FY17) as it has collected Tk 26,819 crore in the first nine

Applaud on sophisticated tech, production process of Walton

Economic Reporter :The products of the Walton brand have huge opportunities in the Nepali market as the quality and standard of these products are excellent and they are affordable

Takaful Islami Insurance gets new leaders

Takaful Islami Insurance gets new leaders

Business Desk :The Board of Directors of Takaful Islami Insurance Limited has elected Engr. Khondaker Mesbauddin Ahmed as Chairman and re-elected Anwar Hossain Khan as Vice Chairman for the

Alamgir Kabir, FCA, Chairman of Southeast Bank Limited, presiding over the 8th Extra-Ordinary General Meeting and 22nd AGM at the bank head office in the city on Monday. M Kamal Hossain, Managing Director (CC), Directors and a large number of Shareholders of the bank were present.

Alamgir Kabir, FCA, Chairman of Southeast Bank Limited, presiding over the 8th Extra-Ordinary General Meeting and 22nd AGM at the bank head office in the city on Monday. M Kamal Hossain, Managing Director (CC), Directors and a large number of Shareholders of the bank were present.

.

Robi-Airtel network integration goes on in Dhaka Div

Economic Reporter :Mobile phone operator Robi has started network integration in Dhaka division with its merged entity Airtel.Network integration of the merged operators in Manikganj, Savar, Gazipur and Narsingdi

ADB awards best performing projects in Bangladesh

Economic Reporter :The Asian Development Bank (ADB) has awarded three of its best performing project teams in Bangladesh as part of its efforts to promote efficient project implementation.Deputy Country

Exporters demand fiscal incentives as export falls

Kamruzzaman Bablu :Country's exporters have urged the government to reduce tax burden on the export-oriented industries amid falling exports.They also demanded fiscal incentive for export sector to ensure that

Tk 6.6cr BEPZA donation for PM's Relief Fund

Tk 6.6cr BEPZA donation for PM's Relief Fund

BSS, Dhaka :Bangladesh Export Processing Zones Authority (BEPZA) donated Taka 6 crore 5 lakh 90 thousands to the Prime Minister's Relief and Welfare Fund and Bangabandhu Memorial Trust.Executive Chairman

Turkey eyes more trade with BD

Economic Reporter :Turkish Assembly Speaker Ismail Kahraman expects that the existing trade ties with Bangladesh can be increased further. He also emphasised on greater unity of the Muslim world

Md Quamrul Islam Chowdhury, Managing Director (Current Charge) of Mercantile Bank Ltd, inaugurating a training programme on

Md Quamrul Islam Chowdhury, Managing Director (Current Charge) of Mercantile Bank Ltd, inaugurating a training programme on "Management of Non-Performing Loans" at the bank's training institute in the city on Monday. Javed Tariq, Principal of the training institute was also present among others.

.

Dr. Shahjahan Mahood, Chairman, BTRC, inaugurating two smart phones of Cobranded Micromax Q354 and Cobranded Lava Iris 505 with Grameenphone at the GP House in the city on Sunday.  Yasir Azman, CMO, GP, Sameer Kakar, Vice-President of Micromax and Md Zohorul Haque Biplob, Chief Operating Officer of Grameen Distribution Ltd were also present.

Dr. Shahjahan Mahood, Chairman, BTRC, inaugurating two smart phones of Cobranded Micromax Q354 and Cobranded Lava Iris 505 with Grameenphone at the GP House in the city on Sunday. Yasir Azman, CMO, GP, Sameer Kakar, Vice-President of Micromax and Md Zohorul Haque Biplob, Chief Operating Officer of Grameen Distribution Ltd were also present.

.

Exports propel Japan to third straight trade surplus

AFP, Tokyo :Japan posted a trade surplus for the third straight month in April helped by a further rise in exports including to the United States, official data showed

Vietnam determined to pursue GDP growth of 6.7 pct in 2017

Xinhua, Hanoi :The Vietnamese government is determined to realize the target of 6.7 percent economic growth set for this year, the Vietnamese permanent deputy prime minister said here on