Japan’s JERA Invests in Bangladesh’s Largest Independent Power Producer

JERA Co., Inc. (“JERA”) has agreed to acquire 22% of the outstanding shares of Summit Power International Limited (“Summit Power”), a power generation company in Bangladesh. Summit Power is a power generation company affiliated with the Summit Group, a major conglomerate in Bangladesh. The largest independent power producer in the country, it owns and operates […]

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Bangladesh Needs Traditional and New Solutions to End Poverty: World Bank

Bangladesh has progressed significantly in reducing poverty and improving living conditions, mostly driven by labor income. Between 2010-2016, about 8 million Bangladeshi exited poverty. The report, Bangladesh Poverty Assessment, launched today, shows that robust economic growth continued driving poverty reduction, but at a slower rate. Since 2010, while the pace of economic growth increased, the […]

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Rural Electricity Bills Payment Becomes Easy

Bangladesh Rural Electrication Board has signed an agreement with Rupali Bank to ease electricity bill payment for its customers across the country. Customers now can pay electricity bills easily from their Rupali Bank SureCash mobile banking account. Signing ceremony was held in 6 October, Sunday; in the head o+ce of BREB. Md. Asafuddowla, Secretary of […]

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ILO Global Business Forum Highlights the Importance of a Sustainability Vision for Bangladesh’s RMG Sector

Representatives from the world’s largest retails brands met with leading figures from the country’s ready-made garment (RMG) sector at the Annual Bangladesh Business Forum in Dhaka last Wednesday, 2 October 2019. Under the theme ‘Driving Sustainable Change’, the forum was organised by the Better Work Bangladesh (BWB) programme, a joint collaboration between the International Labour Organization […]

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Bangladeshi elite force arrests casino boss

Bangladesh’s anti-crime elite force Rapid Action Battalion (RAB) early on Sunday arrested Ismail Hossain Samrat, the alleged kingpins of casino business in the country, reports Xinhua.   Bangladeshi Home Minister Assaduzzaman Khan made the announcement saying Samrat was apprehended along with his associate Enamul Hoque Arman in Cumilla district, 96 km east of capital Dhaka, in […]

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Special discount offer for Robi Dhonnobad customers from Grand Sultan

Robi high value customers can now enjoy 55% special discount from Grand Sultan Tea Resort & Golf. The unique offer comes as part of Robi’s Dhonnobad program. In this regard, Robi’s Executive Vice President, Customer Life Cycle Management & International Business, Barna Ahmad and Grand Sultan’s Head of Sales & Marketing Md. Sayedul Islam Bhuiyan […]

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Pakistani PM speaks with Bangladeshi counterpart via phone

DHAKA, Oct. 3 (Xinhua) — Pakistani Prime Minister Imran Khan spoke with Bangladeshi Premier Sheikh Hasina Wednesday via telephone.    “Pakistani Prime Minister Imran Khan phoned Prime Minister Sheikh Hasina this afternoon and exchanged pleasantries,” the prime minister’s Press Secretary Ihsanul Karim was quoted as saying in a report of national news agency BSS.    […]

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Bangladesh’s Eastern Bank opens first office on Chinese mainland

Bangladesh’s Eastern Bank Limited (EBL) opened its first representative office on the Chinese mainland in Guangzhou on Sunday, reports Xinhua.    Guangzhou is a city of great economic vitality and home to the China Import and Export Fair, said Ali Reza Iftekhar, EBL’s managing director.    Bangladesh has seen frequent economic and trade exchanges with […]

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