Islami Bank Bangladesh Limited has inaugurated its Wireless Moor sub-branch under Mouchak Branch in the capital.
Zaman Ara Begum, the director of Padma Islami Life Insurance Ltd and a distinguished academician, inaugurated the sub-branch as chief guest on Monday, said a press release on Wednesday.
Presided over by Md Altaf Hossain, senior executive vice President, head of Dhaka Central Zone, the programme was addressed by Md Aynul Haque, director, SIM Group, Mir Zahangir Alam, director, Intefa and Md Humayun Kabir Humayun, proprietor, Noor Steel Pipes as special guest.
Muhammad Zakir Hussain, senior vice president and head of Mouchak Branch, delivered the welcome speech.
Md Nurnnnobi, in-charge of the sub-branch thanked the audience.
Businesspersons, professionals and social elites were present a the function.
The foreign currency reserve and inward remittances hit new highs in the country in July amid the economic fallout triggered by the COVID-19 pandemic.
According to the Finance Ministry, the expatriates in 27 days of the current month have sent $2.23 billion which is an all-time high monthly amount in the country's remittance history.
In June, the country received $1.83 billion in remittance which was 22 percent higher than that of May this year and 39 percent higher than that of June of the previous year.
At the same time, foreign exchange reserve in the country stood at record $37.10 billion till July 27.
The foreign currency reserves were $36.016 billion on June 30 this year while it was $32.716 billion in June of the previous year.
The increase in remittance inflow played a significant role in the unprecedented increase in foreign currency reserve.
Finance Minister AHM Mustafa Kamal expressed gratitude and thanks to all the expatriates for tireless efforts.
Bangladesh Small and Cottage Industries Corporation (BSCIC) on Tuesday assured that there is no shortage of salt for preserving and processing rawhides of sacrificial animals.
“There’s a stock of 1.16 million MTs salt against the requirement of only 100,000MT for preserving rawhide,” said a press release from BSCIC.
The salt is enough to meet the country’s demand for the next seven to eight months after rawhide is preserved this year.
Meanwhile, salt cultivation will begin in the country only after four months in November.
According to the Department of Livestock Services, the demand for salt was 81,820MT during the last Eid-ul-Azha.
According to the BSCIC press release, 186 registered factories have been producing salt to ensure sufficient supply from eight zones in the country for rawhide preservation and process.
Among those, four factories in Dhaka, 34 in Narayanganj, two in Chandpur, 57 in Chattogram, 34 in Potiya, 35 in Cox’s Bazar, eight in Khulna while 12 salt factories are in Jhalakathi.
The average salt production capacity is about 340,000MT against the country’s demand, the BSCIC release said.
BSCIC has opened a three-tier monitoring system at its offices at salt zones, regional office and central office to ensure smooth salt production and supply during Eid-ul-Azha.
A control room has been opened at the BSCIC central office.
Salt-related information will be available at BSCIC’s hotline numbers- 02-9573505 and 1911838200.
The list of upazila and district based salt dealers and wholesale sellers was prepared in cooperation with respected district administrations, BSCIC release said.
The list will be given to organisations related to salt preserving activities, it said.
Local electronics brand Marcel witnessed a sharp rise on the sales of refrigerators and freezers as it has been offering sure cash vouchers for each customers centering upcoming Eid-ul-Azha.
On the occasion of Eid, Marcel outlets are displaying and selling more than 80 models of fridges, including 70 models of frost, 4 models of non-frost refrigerator and 7 models of freezer, said a press release.
Among these models, the elegantly designed side by side door as well as the glass door models of Marcel refrigerators became the customers’ prime attraction.
Nasima Akhter Neela, deputy assistant director of Marcel, said that many customers in different places got the cash vouchers.
Marcel fridge customers are now enjoying a year replacement guaranty, along with 12 years guaranty on the compressor as well as 5 years of free after-sales services.
To deliver swift and best after sales service to users, Marcel has 74 service centers across the country under its ISO certified service management system. In addition, customers can get desired post sales service through calling to Marcel customer care number ‘16267.’
Grameenphone has contributed BDT 30 crore to the Bangladesh Labour Welfare Foundation Fund for the welfare of workers during COVID-19 challenges.
A three-member delegation from Grameenphone led by its Chief Human Resources Officer CHRO Syed Tanvir Husain handed over the funds to the Secretary of the Ministry Mr. K. M. Abdus Salam at the Secretariat.
Grameenphone had been regularly contributing a certain portion of its profits to the Bangladesh Workers Welfare Foundation.
As the highest contributor to this fund, Grameenphone has so far deposited TK 151.61crore.
Under the Bangladesh labour law, domestic and foreign companies contribute one-tenth of 5 percent of their profits to this fund at the end of the year.So far, 165 companies, including Grameenphone, have contributed a certain portion of their profits to this fund. These funds are spent on the welfare of the workers engaged in formal and informal sectors.