Browse Day

July 3, 2023

Three ICAB Handbooks unveiled

Finance Minister Abul Maal Abdul Muhith, MP unveiled the plaque of three ICAB Handbooks; Code of Ethics, Bangladesh Standards on Auditing, Assurance and Ethics Pronouncements at a function organized by the DSC_4610Institute of Chartered Accountants of Bangladesh (ICAB) at Pan Pacific Sonargaon Hotel in the city recently. ICAB President Showkat Hossain FCA, Vice Presidents Kamrul Abedin FCA, Dewan Nurul Islam FCA, Past President Abbus Uddin Khan FCA, Secretary AKM Rahmat Ullah FCA and Director Technical Mahbub Ahmed Siddique FCA also holding t...

BIAC training in labour mediation in city

BIAC organised a one-day training programme in Labour Mediation and Problem-Solving Techniques for Workplace Disputes, jointly with Federal Mediation and Conciliation Service (FMCS), USA on Wednesday, 17th December at a local hotel. FMCS_editThe Federal Mediation and Conciliation Service (FMCS) is an independent agency of the US federal government established by US Congress in 1947 to help employers and unions avoid costly work stoppages and minimize their potentially devastating effects on regional or national commerce. The FMCS, headqu...

Workshop on ‘Loan Documentation’ at Basic Bank

The Basic Bank has inaugurated a workshop on ‘Loan Documentation’ for credit officials of the different Branches held recently in the BASIC Bank Training Institute (BBTI). Loan Documentaion Workshop Pic.Mr. M. Kamran Hamid, DGM & Principal, BASIC Bank Training Institute was present as the chief guest. In his concluding speech he highlighted the importance of this workshop and advised the participants to make all out efforts to use the gathered knowledge regarding the procedures of Loan Docu...

Dhaka Bank Victory Day Golf Tournament begins

Dhaka Bank Limited sponsored the “3rd Dhaka Bank Victory Day Golf Tournament 2014” at the Bhatiary Golf & Country Club on December 16, 2014. PhotoThe formal Tee-off of the Tournament started at 8:00AM in the morning. Maj. Gen. Md. Enayet Ullah, Chairman, Bangladesh Tea Board and Mr. Reshadur Rahman, Director and Former Chairman of Dhaka Bank formally inaugurated the tournament. Among others Managing Director Mr. Niaz Habib along with high officials of the Bank, other distinguished guests and Golfers were also present.

Capital flight rising  

The amount of money flown out of Bangladesh through illicit means tripled in 2012 to stand at $1.78 billion, riding mainly on trade misinvoicing. The figure was $593 million the year before. On average, $1.31 billion funneled out of the country per year between 2003 and 2012, according to the latest study by the Global Financial Integrity (GFI), a Washington-based research organisation, released on Monday. The study ranked Bangladesh 51st among 145 developing countries that lost most money to siphoning. capital flight