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May 26, 2022 - Hassan O. Rashid, Managing Director & CEO of Prime Bank Limited, inaugurates the first-ever 24X5 Trade Shop Service Initiative at a programme in the capital recently. Top officials of the bank were present.
May 23, 2022 - Big, Bold, Beautiful: The all-new Nissan Magnite launched in Bangladesh Loaded with first-in-class features, the B-SUV combines a ‘carismatic’ design, powerful performance and advanced technologies to be the ideal companion for city adventures
May 23, 2022 - Private bank, NBFI employees come under BB overseas travel ban
May 23, 2022 - Max Group Chairman receives IEB’s lifetime recognition
April 30, 2022 - Plastic pollution: A serious threat to environment
April 22, 2022 - Sheikh Rakibul Karim, CEO (CC) of Guardian Life Insurance Limited (GLIL) and Adil Islam, Country Head of Bank Al- Falah Limited, exchanging document after signing an agreement in the capital recently. Under the deal, all the employees of the bank and their families will enjoy group insurance benefits. Top officials from both sides were present.
April 22, 2022 - Walton gets huge customers response to its digital campaign
April 17, 2022 - FBCCI President Md Jashim Uddin speaks at a seminar organised by the apex trade body at its office in the capital on Saturday.
April 17, 2022 - Kyser Hamid, Managing Director and CEO of Bangladesh Finance, inaugurating the new branch of Bangladesh Finance Securities at Chowhatta in Sylhet recently. A.H.M Nazmul Hasan, Managing Director and CEO of Bangladesh Finance Securities, Borun Prasad Paul, Managing Director and CEO of BD Finance Capital Holdings Limited and local elite were present.
April 15, 2022 - Mobile money industry processes record $1.0t globally in 2021
April 15, 2022 - BSCIC fair begins in city
April 15, 2022 - Promote ‘Made in Bangladesh’ brand
April 13, 2022 - Trust deed signed for Tk100cr Golden Jubilee Fund
April 13, 2022 - E-commerce thrives in Bangladesh rapidly
April 13, 2022 - Farman R Chowdhury, Managing Director and CEO at Al-Arafah Islami Bank Limited and Syed Mohammad Kamal, Country Manager of Mastercard Bangladesh, pose for photo after launches the country’s first contactless Islami debit and prepaid cards at a hotel in the capital on Tuesday. Other top officials from both sides were present.
April 13, 2022 - Ibrahim new CEO of PPP Authority
April 7, 2022 - Eshita made first Bangladeshi CEO
April 7, 2022 - Nasimul Baten, Managing Director and CEO of Delta Brac Housing Finance Corporation Limited (DBH), inaugurating its 13th branch at Moni Chottor in Shaheb Bazar of Rajshahi city on Sunday. A K M Tanvir Kamal, DMD & Head of Credit, Saiyaf Ejaz, Head of Administration & Recovery, Md. Zakaria Eusuf, Head of Loan Operations, Sabed Bin Ahsan, Head of Deposits, Business Planning & Alternate Channels and other senior officials of the company were present.
March 21, 2022 - No cut in VAT on beauty parlour services
March 17, 2022 - Berger inaugurates new flagship outlet in Chittagong
March 17, 2022 - Nagad, Dana enables financial access to the underserved

DCCI National Conference on ‘PPP for Rapid Economic Growth’: BB Governor’s remarks as Special Guest

President, DCCI, the Hon’ble Chief Guest, Special Guests, Guests of Honor, and other distinguished participants, Assalamu Alaikum and Good Afternoon.

I am very pleased to be with you all in this very distinguished congregation of topmost economic and financial policy makers and business leaders of Bangladesh in the inaugural of a private sector led conference on Public Private Partnership, an issue of key priority for rapid economic growth in Bangladesh. We are all aware of the inadequacies of physical infrastructure constraining the development efforts towards faster, inclusive economic growth and rapid poverty elimination.  We are all aware also that Public Private Partnership is a key mechanism that can hasten progress in addressing these inadequacies effectively. I congratulate DCCI heartily for coming forward to join hands with the Government in promoting PPPs, with the launch today of their new Business Initiative Leading Development (BUILD). I look forward to seeing in the near future implementation of a steady stream of new infrastructure projects in the country. Let me take this opportunity to remind that the growth and poverty reduction aspirations of our economy will require massive investments, not all of which can be accommodated from domestic resources. To avoid balance of payment pressures, a substantial part of the new investments will need to be from foreign sources. Bangladesh maintains a permissive and welcoming policy posture for external investment inflows, from both non-resident Bangladeshis and foreign individuals or institutions. BB has always been supportive of measures to attract foreign investment. I Chair the BOI Committee for approval of foreign term borrowing proposals of investors. Several proposals have lately been approved, with many more in pipeline. BB has recently issued license to MOF’s new BIFF for financing PPP projects. BB’s IPFF is yet another facility extending credit lines to infrastructure projects. I hope and believe that the BUILD initiative of DCCI will keep these in mind and play due role in mobilizing private sector PPP investments from both domestic and outside sources. Further I have for some time now been talking about issuance of a Government Diaspora bond for NRBs and other non-residents, as a source of external funding of infrastructure projects.

Before I conclude with congratulations again for DCCI’s new initiative, let me remind you that unlike doom sayings voiced recently in some media reports, there is no major imbalance in our economy that can seriously impair continuing growth from the toils of our working masses and the initiatives of our entrepreneurs. CPI inflation is indeed somewhat beyond comfort zone for some months now, but this is not unique to us, our fast growing near neighbors are also in similar situation. We expect to see CPI inflation in Bangladesh begin easing by early months of 2012; from BB’s ongoing proactive liquidity management coupled with moderation of global commodity prices. The current weaknesses in our capital markets are also not exceptional; stock markets across the globe are now jittery from weak growth and imbalances in major advanced economies. At current levels, many stocks traded in our stock exchanges are attractively valued and should therefore be of interest to both local and foreign institutional investors. I believe that DCCI and other business forums can play useful role in helping overcome the present crisis of confidence in our stock markets by proactive efforts of attracting interest of foreign institutional investors to these markets, drawing attention to Bangladesh’s record of stable and steadily rising economic growth.

Thank you all for your patient attention.

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