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01 September, 2008
1st branch of IIDFC opens in Chittagong

The first branch of the Industrial & Infrastructure Development Finance Company (IIDFC) Ltd started its operation at Agrabad in Chittagong recently.

The branch was inaugurated by Mr. Feroz Ahmed, Secretary, Ministry of Commerce.

The inaugural
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01 September, 2008
3i Infotech opens office in Dhaka

3i Infotech, a leading Indian IT solutions and services company Sunday opened its office in Dhaka to cater to the growing needs of financial and insurance sector of Bangladesh.

Having expertise in financial and insurance software development, 3i
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31 August, 2008
Govt eyes stock market for Padma bridge fund

The government plans to raise part of a fund from the stock market to construct the country's largest civil engineering project Padma Multipurpose Bridge, the finance adviser said yesterday.

"Apart from external financing, we will have to collect
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31 August, 2008
Saif Powertec, joint forces help Ctg port attain international status

The staying period of vessels in the port has been reduced to only 30 to 39 hours from 11 to 15 days earlier with the handing over the operational activities of the Chittagong Container Terminal (CCT) of Chittagong Port (CP) to a private operator
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31 August, 2008
PKSF, IC, Bangladesh sign MoU

Palli Karma Sahayak Foundation (PKSF) and Intercooperation (IC)-Bangladesh have signed a memorandum of understanding (MoU) to initiate joint efforts to contribute to the livelihoods of rural population, particularly the ultra poor, poor and marginal
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29 August, 2008
AB Bank provides Tk. 1.81b credit facility to Ananda Shipyard

AB Bank signed a Tk. 1.81 billion credit facility agreement with Ananda Shipyard and Slipways Ltd. (ASSL) Thursday at the Banks's corporate head office in the city. ASSL, the largest shipyard in the private sector in Bangladesh, has undertaken a
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29 August, 2008
BRAC Bank signs deal with EXIM Bank

BRAC Bank Limited has signed a sub-representation agreement with EXIM Bank Limited in the city recently.

Under the agreement, EXIM Bank will offer Western Union money transfer service as a sub- representative of BRAC Bank.

Managing Director
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29 August, 2008
Rahimafrooz holds Dealer Convention

Rahimafrooz Distribution Limited held its Annual Dealer Convention 2008 at city hotel recently. More than 175 dealers from across the country participated in the convention, says a press release.

Group Managing Director Feroz Rahim inaugurated
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28 August, 2008
HSBC opens business dev office at Adamjee EPZ

The Hongkong and Shanghai Banking Corporation (HSBC) Ltd in Bangladesh formally opened a business development office at Adamjee Export Processing Zone (AEPZ).

Executive Chairman of Bangladesh Export Processing Zones Authority (BEPZA), Brig.
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28 August, 2008
Ericsson showcases 3G/HSPA technology to universities

Teachers and students of different universities thronged into the "Alokito Bangladesh", a 3G/HSPA pilot project initiated by Ericsson Bangladesh Limited in order to showcase how to improve productivity and quality of life in the country with the use
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