Friday, 29 Nov, 2024

Business

ACC quizzes 4 Janata Bank high-ups

DHAKA: Anti-Corruption Commission (ACC) on Monday interrogated four high-officials of Janata Bank for alleged embezzlement of TK 12.21 crore.A team of the anti-graft body led-by its deputy commissioner Mir Zainul Abedin Shibli started quizzing them from 11:00am and ended at 2:00am at

2-day Indian Textile Expo Begins in City

DHAKA: A two-day Indian textile fair titled ‘Intexpo Bangladesh’ has begun at Pan Pacific Sonargaon hotel in city. State Minister for Textiles and Jute Ministry Mirza Azam inaugurated the show as chief guest in the morning on Monday.Addressing the function, Azam said Bangladesh has

Tax return submission deadline extended

DHAKA: The National Board of Revenue (NBR) extended the deadline for submitting income tax returns for 2014-2015 FY by one month up to October 31.Regarding the matter, NBR published a gazette notification on Monday.NBR Senior Information Officer MA Momen confirmed the matter to

Stocks witnessing fall

DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Monday.The Dhaka Stock Exchange Broad Index (DSEX) shed over 39 points to stand at 5032 at 13:00pm.Trade deals stood at 113627 with volume of transactions at Tk 5,869 million.Of the

GP Employees’ Union week begins

DHAKA: Grameenphone Employees’ Union (GPEU) week-2014 started from Sunday with a three-day elaborate program aiming to carry on a positive and constructive trade union movement. Its Central Committee president Fazlul Haque inaugurated the three-day long program at GP house in

Banglalink introduces ‘Minute Back on Call Drop’

DHAKA: Keeping in mind the constant efforts to satisfy its valued subscribers, Banglalink, the country’s 2nd largest mobile operator has taken extensive steps to modernize its network over the last couple of years. These decisive and qualitative steps have ensured Banglalink

Air France pilots continue strike after talks fail

DHAKA: Air France says it will only operate 45% of its scheduled flights on Sunday after talks with pilots failed to produce an agreement to end a 14-day strike. More than half of its pilots planned to strike, the airline said, reports the BBC. Pilots’ union SNPL offered to end the

Bangladesh best for investment: Mozena

DHAKA: US Ambassador to Bangladesh Dan W Mozena on Sunday said Bangladesh is the best country for investment.  There won’t be any shortage in investment here if the country can prevent corruption and establish the rule of law, he also observed. The US diplomat made the observation

Hide-laden truck won’t be allowed to leave Dhaka

DHAKA: Dhaka Metropolitan Police (DMP) Commissioner Benazir Ahmed on Sunday categorically said hide-laden trucks would not be allowed to leave Dhaka.  He came up with the assertion while addressing a press conference at DMP Media Centre in the city on Sunday noon.  Benazir said,

UNDP to provide TK24cr for project management

DHAKA: United Nations Development Project (UNDP) will provide TK 24crore to Bangladesh for increasing competency in project management.UNDP and Bangladesh signed an agreement in this regard. ERD additional secretary (UN) Asadul Islam and UNDP's Country Director Pauline Tamesis signed

Licenses of 66 C&F agents cancelled

BENAPOLE (JESSORE): Custom authorities in Benapole landport cancelled licenses of 66 clearing and forwading (C&F) agents on allegation of tax evasion and irregularities.After a long investigation, licenses of 59 agents have been cancelled permanently while of the other seven are

Stocks end higher Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday.  The broad index of Dhaka Stock Exchange, DSEX, rose over 25 points only to stand at 4,635 at the close on the first trading day of the week. Trade deals stood at 1,96,249 with volume of transactions at Tk

‘BD products need multinational marketing’

FROM KUALA LUMPUR: Bangladesh-origin Abdul Kader has been maintaining a business enterprise in Singapore since 1995. He is the chairman of Kader Cargo Service Singapore (Private Limited). Besides, he has also been discharging his duty as a member of Bangladesh Chamber of Commerce in

BB releasing Tk 24,000cr new notes Sunday

DHAKA: Bangladesh Bank is all set to release new notes of Tk 24 thousands crores on Sunday ahead of the occasion of Eid-ul-Azha, second largest religious festival of Muslims.The notes will be available at selected branches of state-owned and commercial banks from Sunday.General people

United Air resumes flight operation

DHAKA: After a two-day suspension, the private carrier United Airways resumed their operations through Dhaka-Saidpur flight on Saturday morning.Airport armed police battalion (APBn) assistant superintendent of police Abdullah Alam banglanews that the Saidpur-bound flight of United

Tuba workers to gherao BGMEA

DHAKA: The Garments Workers Unity Forum and Tuba Group Sangram Committee threatened to besiege the Bangladesh Garment Manufacturers & Exporters Association (BGMEA) Bhaban in the city on September 29 if their wages and bonus not be paid by September 28.    They issued the ultimatum in a

Bitcoin Foundation BD Goes Dark

DHAKA: Last week, the Central Bank of Bangladesh issued a statement that anyone caught using Bitcoin would be subject to a prison sentence of up to twelve years, essentially forcing the Bitcoin community underground as the Bank is enforcing the nation’s money laundering laws. According

Cattle markets open Oct 3 in city

DHAKA: Markets for sacrificial animals will be open in city from October 3 as Eid-ul-Azha, one of the largest Islamic religious festivals will be celebrated on October 6.Traders will be allowed to enter the city with their sacrificial cattle from different parts of the country from

RFL ‘Best Buy’ outlet inaugurates at Mirpur-10

DHAKA: ‘RFL Best Buy’ outlet has been inaugurated at Mirpur-10 in the capital recently, said a press release.All RFL products such as RFL water pump, gas stove bathroom fittings, PVC pipe, sofa set, Vision branded electronics product and others are available here, it added. The

ACC to investigate against SIBL ex-chief

DHAKA: The Anti-Corruption Commission (ACC) has taken decision to look into allegation against former chairman of Shahjalal Islami Bank Limited (SIBL) Anwar Hossain Khan for his alleged involvement in embezzling of Tk1800 crore.ACC deputy director (public relations) Pranab Kumar