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Search date: 21-11-2017 Return to current date: Click here

Deep-sea tuna fishing gets mired in imbroglio

The launch of long-liner for fishing tuna fish in the deep-sea has further been delayed as none of the four licenced firms have bought the vessels yet for not having necessary survey on tuna and tuna-like species. The state-run fisheries department is now planning to conduct a survey before according...

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Govt eyes acquiring tech efficiency in energy sector

The government has intended to acquire technological efficiency in the power and energy sector after registering a significant growth particularly in electricity generation, Prime Minister's energy advisor Dr Tawfiq-e-Elahi Chowdhury said Monday."We need to develop skilled manpower and utilise the best technology to solve not only the existing problems but...

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CanCham partners with Indo-Canadian chamber

The CanCham Bangladesh and the Indo-Canadian Business Chamber (ICBC) recently teamed up aiming to enhance bilateral trade with Canada through delegation exchange, business forums and events of both the chambers.A memorandum of understanding (MoU) was signed between the two chambers recently at the ICBC annual national convention held in India,...

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Ports now have 24 quarantine stations

Fisheries and Livestock Minister Mohammad Sayeedul Haque said Monday that the government has set up 24 quarantine stations at different entry points including international airports, seaports and land ports, reports BSS."The quarantine stations were established from July 1, 2012 to June 30, 2017 under the animal diseases prevention and control...

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Move for floating solar power plant on Kaptai lake

A move is underway to set up floating solar power plants across the country.Kaptai lake and canal of Teesta Water Barrage are likely to house such first projects, officials have said adding if such projects are proved to be successful, more projects of this kind will be undertaken, reports UNB.According...

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Tea export fetches Tk 360m in FY ’17

Bangladesh earned foreign currencies amounting to Tk 360 million (Tk 36 crore) by exporting tea in the last fiscal year, Commerce Minister Tofail Ahmed has told the Jatiya Sangsad (parliament), reports BSS."Bangladesh fetched foreign currencies equivalent to Taka 36,03,02,767 (Tk 360 million) by exporting 23,89,801 kgs (2.38 million kilogram) of...

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S’pore takes tough measure to keep cars off roads

SINGAPORE, Nov 20 (AFP): In the battle against the car, space-starved Singapore has deployed road tolls, massive spending on public transport, and a licence fee that bumps the cost of an average vehicle to over $80,000.But urban planners looking for solutions to gridlock may find the draconian measures hard to...

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Steps to boost garment shipment: Tofail

The government has taken various steps for keeping up the trend of increasing the readymade garment (RMG) export as 82 per cent of the country's total export earnings come from this sector.Commerce Minister Tofail Ahmed has said this while replying to a starred question placed by Jatiya Party lawmaker Nurul...

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News Briefs (21-11-2017)

ICAB holds student summit in CtgThe "ICAB CRC Student Summit 2017" was recently organised by Chittagong Regional Committee (CRC)-ICAB for the university students. It was designed to inform the university students about the chartered accountancy profession. The event was the first time in Chittagong. A large number of university students...

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The Risk Management Committee meeting of Modhumoti Bank Limited

The Risk Management Committee meeting of Modhumoti Bank Limited was held on Monday at its Head Office. The meeting was presided over by Mostafa Kamal, chairman of the Board's Risk Management Committee and director of the bank.

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President of Chittagong Chamber of Commerce and Industry and acting Consul General of Mali Mahbubul Alam

President of Chittagong Chamber of Commerce and Industry and acting Consul General of Mali Mahbubul Alam held a views-exchange meeting with Mali's Minister of Foreign Affairs and International Co-operation Abdoulaye Diop during his visit to the West African country recently. Mahbubul Alam is seen with Abdoulaye Diop after the meeting...

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The 70th board meeting of South Bangla Agriculture & Commerce Bank

The 70th board meeting of South Bangla Agriculture & Commerce (SBAC) Bank Limited was held at its Head Office in Dhaka on Monday, with SM Amzad Hossain, Chairman of the Board of Directors of the bank, in the chair. Managing Director and CEO Md Golam Faruque also attended the meeting.

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Alibaba to buy $2.9b stake in China's top grocer

BEIJING, Nov 20 (Reuters): Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China's top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into offline retail.As part of an alliance with Auchan Retail S.A....

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Japan trade surplus slips 40pc in Oct

TOKYO, Nov 20 (AFP): Japan's October trade surplus shrank 40.7 per cent from a year earlier as growth in exports were eclipsed by higher costs of importing crude oil and petroleum products, the government said Monday.The world's third-largest economy logged a surplus of 285.4 billion yen ($2.5 billion), down from...

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S Arabia eyes newest Russian aircraft

MOSCOW, Nov 20 (TASS): Saudi Arabia is in talks with Moscow on the supplies of Russia's Sukhoi Superjet 100 and MC-21 aircraft, Director for International Cooperation and Regional Politics at the Rostec state corporation Viktor Kladov said in an interview with TASS."We have an active dialogue with Saudi Arabia on...

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