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Search date: 11-10-2018 Return to current date: Click here

Employees of state-run jute mills to get wage arrears

The government has allocated Tk 1.0 billion in loan for the state-run jute mills to pay wages and arrears to the employees who have long been going through financial hardship because of non-payment of wages, officials said.The Ministry of Finance (MoF) made the allocation on October 09. The tenure of...

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DMTCL signs deal with seven-co JV

Dhaka Mass Transit Company Limited (DMTCL) signed a contract with a Japanese company-led joint venture (JV) on Wednesday to carry out detailed design work of the city's second metro-rail project.DMTCL Managing Director M A N Siddique and Deputy Director General of Nippon Koei Company Limited Toru Nakagawa signed the contract...

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BR to buy 70 locomotives from S Korea

Bangladesh Railway (BR) has signed a contract with Global Hyundai Rotem, a South Korean company, to procure 70 metre-gauge locomotives for improving its services.Project director Abdul Matin Chowdhury and Director of Global Hyundai Rotem Kwang Kwun Yoon signed the Tk 19.86 billion contract on behalf of their respective sides on...

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31st annual general meeting of RPGCL

Abul Mansur Md Faizullah, chairman of Petrobangla and also chairman of the Board of Directors of Rupantarita Prakritik Gas Company Limited (RPGCL), presiding over the 31st annual general meeting of RPGCL at a city hotel recently, attended by shareholders, directors and its Managing Director Md Quamruzzaman

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India to export raw sugar for first time in three years

Indian sugar mills have signed deals to export raw sugar for the first time in three years as a rally in New York prices to seven-month highs along with government subsidies made exports lucrative, five dealers and two industry officials told Reuters.Mills in the world's second biggest sugar producer were...

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