Japan International Cooperation Agency (JICA) has signed two loan agreements with the Government of Bangladesh. Under these agreements, JICA will provide Japanese ODA (Official Development Assistance) loans of up to a total of 39,902 million yen (equivalent to 3,147 crore taka) for the Jamuna Railway Bridge Construction (III) and Chattogram
Business
SJIB holds risk management committee meeting
89 Bangladeshi workers in dire state in Malaysia
Bangladeshi workers employed with a Malaysian company are living in dire state as the employer refrained from renewing their jobs breaching the service agreement and making them illegal after just one year in service. Out of the 94 workers recruited by the KAY Corporation Sdn Bhd a little more than a
BRAC Bank partners with DHL
BRAC Bank has entered into a strategic partnership with DHL, the world-renowned logistics company, to introduce the GOGREEN Plus Carbon Reduced Shipping Service, reaffirming its commitment to environmental sustainability. Md. Sabbir Hossain, Deputy Managing Director & Chief Operating Officer of BRAC Bank, and Md. Miarul Haque, Managing Director of DHL Express
UBL holds branch manager conference
Branch Managers Conference was organized at Union Bank PLC. (UBL) head office, Dhaka to review the achievements of Business Plan-2024 and provide guidelines for preparation of Business Plan-2025. Honorable Chairman of the Board of Directors of UBL Md. Fariduddin Ahmad was present as the chief guest. Chairman of Risk Management
SEB distributes CSR fund to farmers
As part of its commitment to Corporate Social Responsibility (CSR), Southeast Bank PLC (SEB) has extended financial support to farmers across three significant areas: “Increase yield in agricultural sector,” “Purchase of Agricultural Equipment,” and “Processing of Agricultural Products.” Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank PLC., distributed the
IBBL inaugurates Patherhat Branch
Islami Bank Bangladesh PLC (IBBL) inaugurated 397th Patherhat Branch at Raozan in Chattogram with all the facilities of Shari'ah based modern banking on 24 November. Obayed Ullah Al Masud, chairman of the bank, addressed the program as the chief guest through a virtual platform. Professor Dr. M. Masud Rahman, chairman
EBL,Danish Embassy unite
The Embassy of Denmark in Dhaka will collaborate with Eastern Bank on the ‘EBL Climate Change Action Award’ with the common goal of promoting climate change adaptation and mitigation in Bangladesh. A Joint Declaration of Intent was signed by Danish Ambassador H.E. Christian Brix Møller and Additional Managing Director of
UN summit adopts $300b/yr climate cash deal
United Nations climate talks adopted a deal to inject at least $300 billion annually in humanity's fight against climate change, aimed at helping developing nations cope with the ravages of global warming in tense negotiations. The $300 billion will go to developing countries who need the cash to wean themselves off
NBR plans online tax reforms to reduce hassles
The National Board of Revenue (NBR) is set to implement several initiatives aimed at reducing taxpayer hassles and enhancing revenue collection for the national exchequer. According to NBR sources, upcoming changes include the introduction of online corporate tax filing, an online tax return submission system for income tax lawyers, and a