Friday, 29 Nov, 2024

Business

GrameenPhone launches new 013 series

DHAKA: In addition to the existing ‘017’ series, the country’s leading mobile phone operator Grameenphone (GP) launched a new number series ‘013’ for its users. Bangladesh Telecommunication Regulatory Commission (BTRC) Director General (E&O) Brigadier General Mohammad Mustafa

Bangladesh orders 250 rail coaches from Indonesian firm

DHAKA: The government is purchasing 250 extra strong and highly sophisticated rail coaches from Indonesia.  Indonesian state-owned train maker PT Industri Kereta Api (Inka) said Bangladesh has already ordered the rail coaches. The first consignment of 18 new coaches will arrive in

Moshiur steps down as AB Bank MD

DHAKA: Moshiur Rahman Chowdhury has resigned as the Managing Director of AB Bank. He has submitted the resign letter to the bank authorities recently. A reliable source at the bank confirmed the matter to Banglanews Thursday (Oct 11). The authorities, however, disagreed to leave

e-filing in ERD-IMED most, foreign affairs-PMO reluctant

DHAKA:  Economic Relations Department (ERD), Implementation Monitoring and Evaluation Division (IMED) and the Ministry of Agriculture have topped the list for ensuring maximum use of e-filing among all the government offices in the month of September.  E-filing is a digital means of

e-Cab inks MoU with ajkerdeal.com

DHAKA: e-Commerce Association of Bangladesh (e-Cab) has signed a Memorandum of Understanding (MoU) with ajkerdeal.com. The agreement was singed at e-Cab office in city’s Dhanmondi area on Thursday (Oct 4). From its inception, e-Cab has been working firmly to move forward the

BJMC, UK company sign MoU for ‘Sonali Bag’ production

DHAKA: Bangladesh Jute Mills Corporation (BJMC) signed a Memorandum of Understanding (MoU) with Futamura Chemical Company of United States, for technical help in producing ‘Sonali Bag’ commercially.  State Minister for Textiles and Jute Mirza Azam attended the MoU signing

LP gas for 100pc households within 5-7yrs

DHAKA: Bashundhara Group chairman Ahmed Akbar Sobhan hoped that nearly 100 percent of households will use the Liquefied Petroleum (LP) gas within 5 to 7 years and it would help preserve the natural gas of the country. Ahmed Akbar Sobhan was addressing the distributors’ conference of

Bangladesh may lose 6.75% GDP for climate change: WB

DHAKA:  Bangladesh may suffer loss of 6.7 percent of total Gross Domestic Product (GDP) by 2050 due to climate change, says World Bank. The World Bank presented a report regarding this, at a program held at Sonargaon Hotel in Dhaka on Wednesday (Sept 26). Two-thirds of Bangladeshis

Bangladesh, India agree to sign CEPA

DHAKA: Bangladesh and India have agreed to sign Comprehensive Economic Partnership Agreement (CEPA) to boost trade ties between the two countries. Commerce Minister Tofail Ahmed and his Indian counterpart Suresh Prabhu confirmed it at a joint briefing followed by a bilateral meeting at

7.5 pc GDP growth projected for current fiscal: ADB

DHAKA:  The Asian Development Bank projected 7.5 percent Gross Domestic Product (GDP) growth for the country in the fiscal year 2018-19. The ADB has released a report entitled ‘Asian Development Outlook-2018’ at its Dhaka office located in Agargaon area on Wednesday (September

Spl economic zone for Qatar investors on cards

DHAKA: Foreign Affairs Minister Shahriar Alam on Sunday (Sept 23) said the government has a plan to develop a special economic zone for the investors from Qatar here. The foreign ministry issued a press release regarding this. “Qatari businessmen have sufficient reputation for

‘Economy won’t be affected even if new govt comes’

DHAKA: Finance Minister Abul Maal Abdul Muhith on Sunday (Sept 23) said the progress earned in the country’s economy won’t be affected even if a new government comes to power through the upcoming national election. Muhith was addressing a seminar on the challenges and ways of

PRAN to export products worth $5m to the Netherlands

DHAKA: Bangladesh’s one of the largest food manufacturing company PRAN Foods Ltd signed an agreement Saturday (Sept 22) to export products worth $5 million to the Netherlands in next one year. Angel Foreign Food Group, a leading chain shop in Netherlands, will buy the food items

City Bank, American Express open 2nd int'l lounge at Shahjalal

DHAKA: City Bank and American Express jointly launched their second international lounge at Hazrat Shahjalal International Airport. Civil Aviation & Tourism Minister AKM Shahjahan Kamal, as the chief guest, inaugurated the global-standard lounge Wednesday (September 19). Subscribers

Per capita income now $1,751

DHAKA: The per capita income decreases to $1,751 in the current fiscal year from the last fiscal year's $1,752. Planning Minister AHM Mustafa Kamal Kamal disclosed the information before Prime Minister Sheikh Hasina at the ECNEC meeting at the NEC conference room Tuesday (Sept

CCTV surveillance for Dhaka-Ctg Highway on cards

DHAKA: The Home Ministry is planning high-tech protection system including CCTV surveillance for Dhaka-Chittagong Highway, vowing smooth traffic and drop offensive use of the four-lane road.     Sources said devices having ability of reading vehicle number plates automatically, will

Info of India remittance from Bangladesh not correct: Shringla

DHAKA: Indian High Commissioner to Dhaka Harsh Vardhan Shringla disagreed with the news claiming Bangladesh the fourth largest remittance source for India. He termed the news ‘totally incorrect’. He was delivering speech as special guest at the opening ceremony of an

Radisson Blu Ctg committed to world-class service

CHITTAGONG: Radisson Blu Chittagong Bay View General Manager Robin Edwards said the five-star hotel in port city already has proved its wide-scale acceptability to the customers through providing world class services.   “Our main objective is to ensure customers’ satisfaction. We

Invest in capital market with proper understanding: PM

DHAKA:  Aside from establishing transparency, accountability and rule of law, Prime Minister Sheikh Hasina directed the authorities concerned to implement all initiatives taken by the government for the development of capital market. Besides, she advised small investors to invest in

Keep Dhaka airport cargo service open for 24hrs: PMO

DHAKA: Prime Minister’s Office (PMO) has directed authorities concerned of Hazrat Shahjalal International Airport to keep its cargo service open for round the clock on emergency basis. Moreover, branches of banks concerned for opening Letter of Credit (L/C) were also directed to keep