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July 2023

PBL, Xpress Money award clients

Pubali Bank Limited and Xpress Money jointly organized an award giving ceremony entitled “Service Excellence Award 2015-2016” recently at a city hotel. Safiul Alam Khan Chowdhury, Additional Managing Director of Pubali Bank Limited was present as Chief Guest at the ceremony. Akhtar Hamid Khan, Deputy Managing Director of Pubali Bank Limited and Md. pubali-bank-xpress-moneyZakaria Mahmud, Country Relationship Manager of Xpress Money were present as Special Guests at the ceremony. General Mana...

Tk 8b wasted in BTCL project to favour a firm

Bangladesh Telecommunications Company Limited (BTCL) has undertaken a project spending an additional Tk 8 billion on the pretext of ‘emergency’, official documents suggest. For the project to modernise digital telecommunication infrastructure, a Chinese company offered its services for Tk 11.6 billion, but the BTCL decided to accept another Chinese company’s tender for Tk 20.48 billion to implement the project. The second bidder was awarded the job in violation of procurement rules and directives from telecomthe authoriti...

Syria-bound Russian military jet crashes

A Russian military plane crashed Sunday in the Black Sea as it made its way to Syria with 91 people onboard, including musicians heading to celebrate the New Year with troops. Local news agencies, citing the defence ministry, said the Tu-154 plane had crashed shortly after taking off from the southern city of Adler, south of the Black Sea resort city of Sochi, at 5:40 am local time (0240 GMT), reports AFP. It was conducting a routine flight to Russia’s Hmeimim airbase outside the coastal Syrian city plane-450x253

Govt-ADB to ink $ 167m loan deal for gas sector

The government will sign with the Asian Development Bank (ADB) $167 million loan agreement for financing a project to improve infrastructure and operational efficiency of the country’s gas sector. Last month, the ADB approved the loan amount to help promote sustainable economic growth and reduce poverty in Bangladesh by improving production efficiency at a key gas field, north of the capital Dhaka, and by expanding transmission infrastructure, reports BSS. Senior Secretary of the Economic Relations Division (ERD) Mohammad Mejbahuddin and ADB adb1

IBBL EC Chairman honoured

Professor Syed Ahsanul Alam, Chairman, Execuitve Committtee of Islami Bank Bangladesh Limited has been honoured by art and culture based organization Bangla Darpan in recognition to his outstanding ibbl-photo-24-dec-2016contribution in the country’s banking and investment sector.

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