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CSE gets new Chairman

Chairman cse
The Board of Directors of the Chittagong Stock Exchange Ltd. (CSE) elected Dr. A. K. Abdul Momen as Chairman of the Exchange in line with the Exchanges Demutualization Act, 2013. All the Independent Directors and Shareholder Directors of the Exchange unanimously elected him for the next three years at a Board meeting held on 25 February, 2017. Dr. Momen will replace Dr. Mohammad Abdul Mazid as the CSE Chairman. Earlier, Bangladesh Securities and Exchange Commission (BSEC) approved a list of seven Chairman cseind...

Mohammad Masoom new CEO of BD Finance

Mohammad Masoom
Mohammad Masoom has joined Bangladesh Finance And Investment Company Limited (BD Finance), one of the leading financial institutions as its managing director and CEO. Prior to taking over the new assignment, Mr. Masoom served in Mercantile Bank Limited as deputy managing director. Mohammad MasoomMr. Masoom, a seasoned banker having 3 decades of hands on extensive and versatile banking experience. Specially he has in-depth expertise on Core Risk Areas of Banking operation with specific concentration on CRM cover...

New MD of IBBL

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Md. Abdul Hamid Miah took the charge of Managing Director and CEO of Islami Bank Bangladesh Limited. Bangladesh Bank approved his appointment following his nomination by the Board of Directors of the Bank in a meeting held at a city hotel on January 5, 2017. Earlier, Md. Abdul Hamid Miah served Union Bank, Rupali Bank and Shilpa Bank (now ibbl_new_md-09-01-2017Bangladesh Development Bank) as Managing Director. He started career as Research Officer at Nutrition & Food Science Institute, Unive...

Debasish new Managing Director of BHBFC

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Recently, Debasish Chakrabarty has been promoted and posted as the Managing Director of Bangladesh House Building Finance Corporation (BHBFC) by a notification of Bank & Financial Institution Division of Ministry of Finance. Prior to this, he served Rupali Bank as a Deputy Managing Director. He also performed bhbmdadditional duties as CEO & Managing Director of the same bank. Besides, he worked in world Bank Project in 1988 and in MIDAS in 1989. He joined BHBFC as Assistant General manager in 1995. He also worked as Depu...

Nayeem aappointed SAFA President

asm-nayeem-fca-latest

ASM Nayeem FCA has been appointed as the President of South Asian Federation of Accountants (SAFA) for the year 2017 w.e.f. 1st January 2017. He was the Vice-President of SAFA in 2016.

SAFA, an Apex Body of SAARC formed in 1984, is a forum of professional accountancy bodies in the SAARC Region. The Institute of Chartered Accountants of India (ICAI) hosts SAFA asm-nayeem-fca-latestPermanent Secretariat in New Delhi.

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Carbon tax could boost green energy in Bangladesh

Construction of a dam, financed by The Netherlands, in Boyer Char. A newly planted forest could stabilize the dam, but too many people living in the area fear to lose their basis of life. Man on his field between the river and the new dam.
Folgen des Klimawandels in Bangladesh. Ahmad beseitigt Unkraut auf seinem Feld am Fusse des neuen Damms auf Boyer Char. Etwa 1km vom Ufer des Meghna entfernt schichten Dorfbewohner in einem von Holland finanzierten Projekt einen Damm auf. Optimal waere es auf dem Land bis zum Flussufer einen Wald zu pflanzen, um das Land zu stabilisieren. Doch das Land wird von vielen Menschen genutzt, die nicht weichen wollen, da sie befuerchten, sonst ihre Lebensgrundlage zu verlieren. Fuer diese Menschen auisserhalb der Damms wird dieser im Falle einer Flutwelle zur zusaetzlichen Gefahr, da sich hier das Wasser staut. "Wenn Allah das will, werde ich hier sterben." sagt Ahmad. Er ist 85 Jahre alt und musste in seinem Leben schon 6 Mal umziehen, weil das Wasser sein Land und Haus zerstoerte. "Jetzt bin ich zu muede. Und wo sollte ich auch hin."
Bangladesh is weighing a World Bank proposal to introduce a carbon tax, the first of its kind in the South Asian nation, amid fears of a backlash from consumers. In its proposal, the World Bank suggested that the government introduce the carbon tax initially only on petroleum products. Bank officials advised the government to keep the market price of fuel unchanged by slashing its own profits. “The cost of a carbon tax should not be passed on to the consumers.”—Dr. Saleemul Huq Fuel costs are generally much higher in Bangladesh compared to the international market,