Browse Month

July 2023

Rohingya refugees to be relocated to remote island

Authorities in Bangladesh have controversially decided to encamp tens of thousands of Rohingya refugees from neighboring Myanmar at a remote offshore location. A committee comprising state officials in the coastal districts of Bangladesh has been set up to direct authorities to help identify undocumented Myanmarese refugees and relocate them to a remote island in the Bay of Bengal, media reported on Monday. “The committee will assist transferring both registered and unregistered refugees from ROHINGYAMyanmar to Thengar Ch...

Indonesia offers LNG supply to Bangladesh

Indonesia has offered to supply liquefied natural gas (LNG) to Bangladesh to meet its (Bangladesh) growing energy demand. The proposal came when Indonesian Ambassador to Bangladesh Iwan Wiranata-atmadja paid a farewell call on Prime Minister Sheikh Hasina at her Jatiya Sangsad office here on Sunday evening. After the meeting, PM's Press Secretary Ihsanul Karim briefed reporters. The Indonesian ambassador highly appreciated visionary and dynamic leadership of Prime LNGMinister Sheikh Hasina and said Bangladesh achieved stunning s...

BD aims to grow 10pc of cotton usage by 2025

Bangladesh, which grows about 180,000 bales (1 bale=218 kgs) of cotton in a year or 1 per cent of the annual demand, now aims to grow I million cotton bales by 2025. The country is now the biggest importer of cotton in the world and spends more than $3 billion on cotton imports annually, of which, India meets 50 per cent of the current cotton demand. Speaking at a press conference, Mehdi Ali, general secretary of Bangladesh Cotton Association cotton(BCA) said, “We have targeted to meet 10 per cent of our yearly demand from domes...

DU, ICAB sign MoU

The Institute of Chartered Accountants of Bangladesh (ICAB) and Dhaka University on Monday signed a Memorandum of Understanding (MoU) to allow exemption for the students to study CA subject to fulfilling certain criteria. The MoU outlines the subjects’ waiver for the students of BBA and MBA of the Department of Accounting System and Information (AIS) of Dhaka University. Under this MoU , the students Signing Ceremony of DU & ICABwill be eligible for exemption in Accounting, Busines...

BASIC Bank Managers’ conference held

The  Managers' Conference-2017 of BASIC Bank Limited was held on January 28, 2017 at the Bank's Training Institute. Mr. Alauddin A. Majid, honorable Chairman of the Board of Directors of the Bank, was present on the occasion as the chief guest. Mr. Khondoker Md. Iqbal, Managing Director of the Bank, presided over the conference. Managers' Conference-2017Deputy Managing Director Mr. Kanak Kumar Purkayastha, General Managers, Branch In-charges and Divisional In-charges of the Bank were present...

US Embassy delegates visit Beximco Industrial Park

A delegation from the US Embassy Dhaka visited the Beximco Industrial Park in Savar recently.  They were welcomed by Mr. Syed Naved Husain, CEO and Group Director of Beximco Ltd. The team visited the woven fabric manufacturing unit, yarn manufacturing factory, digital printing, washing plant, garment manufacturing unit, Shinepukur Ceramic factory and other units of Beximco Industrial Park. PhotoMr. Naved Husain explained that 'BEXIMCO' had attained the 'brand status' of one of the world's leading vertical manufacturers of fas...