Grameen Telecom has so far distributed 1 million and 20 thousand free non-medical masks as people are stepping out of their homes for various reasons.
Grameen Fabrics and Fashions Ltd., funded by Grameen Telecom, started producing these masks at the end of last April and these masks have been distributed among disadvantaged people in remote areas of the country from April 30 free of cost.
So far 1 million and 20 thousand masks have been produced, said Grameen Telecom on Wednesday.
So far, more than one million masks have been distributed through 37 organizations including Grameen organizations as well as various NGOs and voluntary organizations outside Grameen.
The production and distribution of these masks will continue until the coronavirus is brought under control, it said.
The use of face masks during the Covid-19 epidemic has been widely regarded as a very successful and essential safety measure for all.
According to various international studies and the announcement from the Department of Health of Bangladesh, the use of masks made of cloth, especially those made of knit fabrics, significantly reduces the risk of coronavirus infection.
As the country slowly becomes functional, compliance with the hygiene rules is becoming mandatory, said the Grameen Telecom.
As face masks are essential for everyone, Grameen Telecom has taken the initiative to make these masks available to those who cannot afford them and those who do not have access to them.
The government has made the use of face masks compulsory for all, it said.
The use of masks is essential for personal health protection and compliance to government laws.
As the masks supplied by Grameen Telecom are effective and reusable, the use of masks by the general public, especially the poor, can be ensured, said Grameen Telecom.
Banglalink has introduced up to a 15percent discount on various healthcare services provided by Praava Health for Banglalink Priyojon customers.
A 15 percent discount will apply to video and tele consultations with physicians, home sample collections for pathological and imagining tests, and first visits of family medicine doctors.
Moreover, Banglalink Priyojon customers can get a 5 percent discount on Praava Health's annual health checkups.
In order to avail the discounts, they have to type 'BLPV' and send SMS to 2012.
The video consultation link sent in the reply SMS should be used to get desired services and proceed to confirm the payment as per instructions.
The offer will be valid till May 31, 2021.
Banglalink is always committed to standing by its customers during critical times by providing additional facilities.
For more details about the program, please visit: https://banglalink.net/en/priyojon
The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million at the end of last year.
The TFP works with 12 partner banks in Bangladesh to mobilize private sector capital and fill market gaps by providing guarantees and loans to support trade, according to a press release.
“Given the impact of COVID-19 on the economy, particularly availability of credit for private sector in Bangladesh, enhancement of the TFP will increase liquidity, help boost businesses, raise exports and imports, increase jobs, and contribute to economic growth and development,” ADB Country Director Manmohan Parkash said.
Noting Bangladesh is one of the most active TFP countries, he said that the program has so far supported $814.6 million in trade, with 70.7 percent co-financing by the private sector, over 1,367 transactions, as of 31 December 2019.
“As trade transactions typically start and end within 180 days, the $755 million can roll and support over $1 billion in Bangladesh trade year over year," he said.
Manmohan Parkash mentioned that a substantial portion of TFP’s portfolio supports small and medium-sized enterprises (SMEs) and the expanded coverage of the very active program will result in enhanced inclusive support to traders, including women, in Bangladesh.
The TFP works with over 240 banks in 21 countries to provide companies with the financial support they need to engage in import and export activities in Asia’s most challenging markets.
In 2019, the TFP supported 4,832 transactions worth a total of $5.4 billion, including $3.5 billion in co-financing, and helped 4,069 small and medium-sized enterprises.
Backed by ADB's AAA credit rating, TFP supports trade, enabling more companies throughout Asia and the Pacific to engage in import and export activities.
Since 2009, ADB’s TFP has supported around 20,000 SMEs across developing Asia—through over 26,000 transactions valued at over $41 billion—in sectors ranging from commodities and capital goods, to medical supplies and consumer goods.
TFP complements its financial support with knowledge products, including a study that quantifies market gaps for trade finance, initiatives to increase the role of women in banking, efforts to enhance environmental safeguards, and initiatives to fight crime through greater transparency in the global financial system.
TFP also provides workshops and seminars to increase knowledge and expertise in matters related to finance, trade, risk management, and fraud prevention.
The TFP increases its partner banks’ credit lines, expands relationships with correspondent banks, reduces cash collateral requirements, enhances ability to maintain or attract new clients, provides low-risk access to new and challenging markets, expands geographic coverage to service export clients, provides capital relief under Basel, and offers valuable market intelligence to help banks move into frontier markets.
Huawei has launched its next-generation IdeaHub series intelligent endpoint for all-scenario smart office ecosystem on Friday.
The tool was launched aiming to improve efficiency for enterprises, especially remote collaboration during social distancing, said a press release.
Huawei IdeaHub is a brand-new productivity tool to create an all-scenario smart office in the cloud era.
This intelligent endpoint integrates multiple functions, including multi-screen collaboration between mobiles and PCs, interactive whiteboard, remote collaboration, FHD video conferencing, and built-in HD AppGallery.
It can be installed on a mobile stand or a wall in a variety of environments, including enterprise conference rooms, open office, and even home office rooms. Its excellent performance and flexible deployment provide an intelligent office and team collaboration for every working space.
A meeting of the Board of Directors of Islami Bank Bangladesh Limited (IBBL) was held through video conference on Sunday.
The meeting was presided over by Professor Md Nazmul Hassan, PhD, Chairman of the bank.
Yousif Abdullah Al-Rajhi and Md Shahabuddin, Vice Chairmen, Dr Arif Suleman, foreign director and representative of Islamic Development Bank, other Directors, Md Mahbub ul Alam, Managing Director and CEO and JQM Habibullah, FCS, Deputy Managing Director and Company Secretary of the bank also attended the meeting.