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economy

BoI, Privatization Commission to merge

The process to merge the Board of Investment (BoI) and the Privatisation Commission by setting up a new authority has got the nod from the Cabinet on Monday as the draft of ‘Bangladesh Investment Development Authority Bill 2015’ was approved. The approval was given at the regular weekly meeting of the Cabinet held at Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair. Other minister and state minister were present in the meeting. Cabinet Secretary M Musharraf Hossain Bhuiyan briefed reporters after the meeting. He said boionce the proposed ...

Airtel mulls selling operations in Bangladesh

India’s Bharti Airtel reportedly is considering selling its Bangladesh and Sri Lanka operations, which are both minor players in the low-ARPU markets. Airtel has appointed two bankers to lead the sale, according to the Business Standard. Reports airtelsaid it first plans to sell its tower business and then the mobile business in both countries. Airtel has about 2,500 towers in Sri Lanka and 4,000 in Bangladesh. The Airtel brand has less than a 7 per cent market share in Bangladesh and is the fourth largest among eight operators – the four smallest have ...

Robi Mini Walk-In-Center for better customer care

As a customer centric company, Robi has always been a leader in introducing innovative solution to ensure the best customer experience for its valuable subscribers. Opening up Mini Walk-In-Centers (WIC) is one of the latest measures taken by the company in this regard. Mini WIC is an exclusive touch point from where customers can get all kinds of Robi sales and services which are presently available at Robi’s existing WICs. So in terms of service delivery Imagethere has no difference between Mini WIC and a regular WIC.  The only difference is that it come...

Japanese protests new military law

Thousands of people have protested outside of Japan’s parliament against new legislation that would allow the military to deploy overseas. The changes would allow Japanese troops to fight abroad for the first time since World War Two. The legislation has already been passed by Japan’s lower house and is expected to be endorsed by the upper chamber. Japanese proestUnder its constitution, Japan is barred from using force to resolve conflicts except in cases of self-defence. But a reinterpretation of the law will now allow “collect...

IBBL 298th Branch opens at Kalurghat, Ctg

Islami Bank Bangladesh Limited (IBBL) opened its 298th Branch at Kalurghat of Chittagong on Sunday (August 30, 2015). Humayun Bokhteyar, ACPA, FCA, Director of the Bank inaugurated the branch as the chief guest. Presided over by Muhammad Abul Bashar, Deputy Managing Director of the bank Mohammad Azam, Councilor, Chittagong City Corporation addressed the program as special guest. Mohammad Amirul Islam, Executive Vice President and Head of Chittagong South Zone of IBBL delevered welcome address in the program Inaugural ceremony was addressed by Nazim

Bank Asia Ctg regional Review Meeting held

The semi-Annual Business Review Meeting-2015 for Chittagong region of Bank Asia was held on Saturday (29nd August, 2015) at the Bank Asia Bhaban, Agrabad, Chittagong. [caption id="attachment_19358" align="alignright" width="533"]No-3 Mr. A Rouf Chowdhury, Chairman of Bank Asia is seen speaking at the Semi-Annual Business Review Meeting-2015 for Chittagong Region of the Bank held today (Saturday, 29nd August 2015) at the Bank Asia Bhaban, Agrabad, Chittagong.[/caption] Mr. A Rouf Chowdhury, Chairman of the Bank and Chief Guest of the progra...