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November 10, 2022 - Sharfuddin Iqbal, Chief Commercial Officer (CCO) of Swish Global, inaugurates its first shower enclosure with smart door technology at a function held at Bangabandhu International Conference Centre (BICC) on Tuesday. Other senior officials of the company were present.
November 10, 2022 - Coca-Cola (BD) gets new MD
November 10, 2022 - Zabed Amin, DMD of Padma Bank Limited and Md. Rafiqul Islam, CEO of Rico International, exchange documents after sign an agreement at the consultancy office in the capital on Tuesday. Under the deal, Rico International students shall be served with priority services ranging from account opening to remittance and beyond at the bank’s specialized Student Care Centers and branches through dedicated relationship managers. Top officials from both sides were present.
November 10, 2022 - Kali Cheron, Chief Financial Officer of Rangs Electronics Limited (REL) andFarzana Sharmeen, Head of IPDC Finance Limited, exchange documents after signing an agreement at IPDC’s corporate head office in the capital recently. Under the deal, consumers across the country will have the facility to purchase electronics products with installments facility of up to 12 months under IPDC Easy. Top officials from both sides were present.
October 29, 2022 - Shahriyar made CEO of PICL
October 29, 2022 - Dr. H.B.M. Iqbal, Chairman of Premier Bank Limited, celebrates the bank’s 23th founding anniversary programme by cutting a cake at its head office in the capital on Wednesday. M Reazul Karim, Managing Director & CEO, BH Haroon, MP, M Imran Iqbal, Jamal G Ahmed, Nahyan Haroon, Directors, Kaiser A. Chowdhury, Naba Gopal Banik, Independent Directors and Muhammed Ali, Advisor of the bank were present.
October 29, 2022 - AB Bank Limited signed an agreement with Jamuna Electronics and Automobiles Limited under which AB Bank cardholders will enjoy EMI facilities @0% up to 36 months. Syed Mizanur Rahman, DMD of AB Bank Limited and Md. Sazzadul Islam, Head of Business, Jamuna Electronics and Automobiles Limited signed the agreement on behalf of their respective organisations. Senior officials of both the organisations were also present at the ceremony.
September 29, 2022 - Sheikh Hasina is now world leader: Hasan
September 29, 2022 - PM’s 76th birthday celebrated amid festivity, enthusiasm
September 29, 2022 - Emranul Huq, Managing Director and CEO of Dhaka Bank Limited along with Professor Niaz Ahmed Khan, Ph.D, Pro-Vice Chancellor of Independent University, Bangladesh (IUB), launches a prepaid card product called Aspire Student Prepaid Card in association with VISA at IUB campus in the city recently. The Aspire Student Prepaid Card can be availed by any students of Bangladesh having a valid Student ID supported by Guardian Documents from any branches, online application and student banking unit of the bank.
September 29, 2022 - Noor -E- Hafza, Chairman, Board of Directors of Sonali Life Insurance Company Limited (SLICL), presides over its 9th AGM held on Wednesday. The AGM approved 15 percent cash dividend for its shareholders year ended on December 31, 2021. Directors and senior officials of the company were present.
September 29, 2022 - Noor-E-Alam Chowdhury, Chief Whip of Bangladesh Parliament, inaugurates the 386th branch of Islami Bank Bangladesh Limited as chief guest at Shibchar in Madaripur on Wednesday. Mohammed Monirul Moula, Managing Director & CEO, Md. Altaf Hossain, DMD, Miftah Uddin, SEVP and Md. Abdus Sobhan, EVP of the bank, were present.
September 29, 2022 - Sumon Morshed, Managing Director of Finery Group, inaugurates its 20th anniversary at its office in the capital on Wednesday. Officials and employees of the company were present.
September 29, 2022 - NFBIs demand withdrawal of cap on deposit interest
September 25, 2022 - PM calls ‘tragic’ rich nations response to climate issue
September 25, 2022 - World Bank to publicise Bangladesh’s dev success
September 25, 2022 - ‘Time is up’: Countries trapped in climate crisis raise alarm at UN
September 25, 2022 - Rising risk of global recession
September 25, 2022 - Energypac win RESCM award
September 25, 2022 - UFIL gets new DMD
September 25, 2022 - NRBC Bank wins six prizes as best bank in South Asian Business Excellence Awards
September 25, 2022 - GP trials 5G in all divisional cities
September 25, 2022 - Extend tenure of trade licences to 5 years: MCCI
September 25, 2022 - City Bank Capital moves to its new corporate head office
September 19, 2022 - Free, fair polls only held in AL govt periods, PM tells BBC
September 19, 2022 - Feroz Hossain made Exim Bank MD
September 19, 2022 - Nasimul Baten, Managing Director and CEO of DBH Finance PLC, inaugurates its 14th branch at Station Road in Rangpur city recently. AKM Tanvir Kamal, DMD and Head of Credit, Saiyaf Ejaz, Head of Administration and Recovery, Md Zakaria Eusuf, Head of Loan Operations, Sabed Bin Ahsan, Head of Deposits, Business Planning and Alternate Channels and other officials of the company, were present.
September 19, 2022 - Ruhul Amin re-elected as Risk Management Committee chairman of NRB Bank
September 19, 2022 - Niranjan Chandra Debnath, DMD of Sonali Bank Limited, Dr. Dewan Muhammad Humayun Kabir, Project Director of Aspire to innovate and Md. Samawat Ullah, Managing Director of Olivine Limited, exchange document after signing a tri partisan deal to collect the citizens fees and charges under Online Councilor Certificate System through the Sonali Payment Gateway at the bank’s head office in the capital on Sunday. Other senior officials from respective sides were present.
September 19, 2022 - Showing trade license not mandatory for small traders to open bank accounts

Pandemic threatens to pull the plug on cash-strapped kindergartens in Bangladesh

Mizanur Rahman runs Memory Preparatory School on two rented floors of a building in Dhaka’s West Rampura. The coronavirus-induced shutdown of educational institutions has hit his finances hard and forced him and his family out of their rented flat and move to the school.
“It’s a bit difficult to stay here, but I don’t want to shut the school for good,” he said.

Md Shafiur Rahman Suruj, who ran Rose Dale Kindergarten in Meherpur’s Barabazar, is supplying biscuits to grocers in order to earn for his family.

The school with 18 classrooms had over 350 students and 16 teachers.

“Everything was going very well. Now the benches are in ruins,” Suruj said.

He stored all the furniture in one room and left the others after failing to pay rents for months on end while waiting for the situation to get normal.

Holy Heart International School at East Dholaipar in the capital, however, has probably been closed forever.

One of its directors, Hridoy Chhaiyal, left the city and went back to his village home in Shariatpur.

“I left the school furniture so that the landlord can sell them for Tk 50,000 which I owe him in rent,” he said.

The teachers and employees of the kindergarten schools across Bangladesh are facing similar situations like those of Mizanur, Suruj and Hridoy.

Around 40,000 kindergartens in the country have employed nearly 1 million teachers and staffers, according to Mizanur, who is also general secretary of Bangladesh Kindergarten Association.

They fear that more than half of these institutions will shut down forever if they are not allowed to reopen after the end of the extended shutdown on Dec 19.

“We are living in inhumane conditions. Many are trying to sell the schools while the others have switched profession as we are failing to pay rents due to the shutdown,” said Mizanur.

“Many of the teachers are pedalling vans, driving auto-rickshaws, or selling fruits, groceries, clothes and other goods. They are desperately trying out alternatives just to survive,” he said.
Mizanur’s school had 1,350 students, but only 350 of them are now in touch.

“The others are not taking lessons or paying tuition fees. Many of those who are taking the lessons cannot pay either,” he said.

Mizanur wants to keep his school in operation even if they do not get paid for up to five months. “But I don’t know if this will be possible finally,” he said.

More than 100 kindergartens out of the 10,000 members of the association have been closed for good, Mizanur said, and added that many others will shut down if they cannot admit students after December.

The association submitted a memorandum to Prime Minister Sheikh Hasina seeking her help. “If we get loans on low interests, we can pay the rents and save the schools,” Mizanur said.

They spoke to different top-level officials but have not heard from them, said M Iqbal Bahar Chowdhury, chairman of the Bangladesh Kindergarten School and College Unity Council.

“Many teachers have switched career which does not bode well for the country. We can’t beg to someone, but we haven’t got a single penny in the last nine months,” he said.

According to Jahangir Kabir Rana, member secretary of the National Committee to Save Kindergartens and Equivalent Institutions, said around 6,000 kindergartens have wound up operations due to the coronavirus shutdown.

“No kindergarten charges more than Tk 3,000 for admission. But that money in the beginning of the year helps us continue operations throughout the year. Two-thirds of the schools will get closed if they are not allowed to reopen in January,” he said.

Takbir Ahmed, a director of Fulkuri Kindergarten in Dhaka’s Mohammadpur, said he wanted to sell the school to pay the rents and repay loans he had to take to save the institution, but there is no buyer.

It has been giving lessons to mostly poor children as it is in a slum area, said Takbir.

Finally, a person helped him with the rents until December after learning about the dire condition of the school in a newspaper report, he said.

The Ideal Public School and Blue Bird International School in Dhaka’s Matikata, Srijan Central School and College in Savar’s Baipail, Rampura’s Holy Vision Residential School and College, and Savar’s Popular International School are up for sale now as the authorities are no longer able to bear the costs, according to the associations of kindergartens.

The government has given directives to admit the students of kindergartens that have been closed to the primary schools oit runs, said Alamgir Muhammad Mansurul Alam, the director general of primary education.

He said he asked the officials to conduct a survey to find out how many kindergartens have been closed, and collect information about the number of students studying in those institutions.

“Because the government will have to give them textbooks when they get admitted somewhere,” he added.

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