The government is contemplating a pricing projection of natural gas over the next five to 10 years to help businesses chalk up their future investment."This projection will help investors adopt long-term fiscal planning," said state minister for power, energy and mineral resources Nasrul Hamid on Tuesday.He was speaking as the...
Read moreIrish retailer-Primark has suspended placing new orders with one supplier ready-made garment (RMG) factory in Bangladesh following alleged termination of workers engaged in recent wage protest.Primark annually sources apparel worth US$ 1.0 billion from the country and currently it has business with more than 90 factories, according to industry people.There...
Read moreA group of companies led by Metito Utilities and JinkoSolar has won a bid to build a 45-55 megawatts (MW) grid-tied PV array at Rangunia in Chittagong district of Bangladesh, according to a report by pv magazine of India.The consortium's winning bid of $0.0749/kWh (US $10 per kilowatt hour), submitted...
Read moreReal Estate and Housing Association of Bangladesh (REHAB) has launched a two-month long cleanliness campaign in different parts of Dhaka city aiming to wipe off Aedes mosquito from the capital.Aedes is a mosquito that can spread dengue fever, chikungunya, Zika fever, Mayaro and yellow fever viruses, and other disease agents....
Read moreRAJSHAHI, Aug 6 (BSS): Bangladesh Railway (BR) west zone earned revenue worth over Tk 5.90 billion (Tk 5.90.75 crore) during the last financial year.Of the total earning, more than Tk 3.747 billion (Tk 374.77 crore) was earned by selling tickets to passengers while over Tk 1.431 billion (Tk 143.13 crore)...
Read moreA daylong workshop titled 'IGLOO Youth Leadership Conclave' was held at Bishwa Shahitto Kendra in the city on Saturday, says a press release.Dr Atiur Rahman, professor (Honorary), Department of Development Studies of Dhaka University and former governor of Bangladesh Bank, inaugurated the workshop as the chief guest while Barrister Shameem...
Read moreThe government on Tuesday approved a proposal for receiving loan from the German KFW IPEX-Bank for implementing the Sreepur 150 MW HFO Power Plant Project. With Finance Minister AHM Mustafa Kamal in the chair, the approval came from the 27th meeting of the Standing Committee on Non Concessional Loan held...
Read moreBEIJING, Aug 06 (Reuters): China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator would "severely damage international financial order and cause chaos in financial markets".Washington's decision to ratchet up currency tensions on Monday would also "prevent a global economic and trade recovery," the...
Read moreBRUSSELS, Aug 06 (AFP): HSBC has agreed to pay nearly 300 million euros to end a Belgian criminal investigation into allegations of massive fraud and money-laundering involving wealthy diamond traders, prosecutors said on Tuesday.The allegations, which related to a Swiss subsidiary of the British banking giant and ran into hundreds...
Read moreLONDON, Aug 06 (AFP): Supermarket giant Tesco said Monday it is to axe about 4,500 jobs across its city-centre UK stores to slash costs.Tesco, which is Britain's biggest retailer, will carry out a "reduction of around 4,500 colleagues" as the group experiences "an increasingly competitive and challenging retail environment", it...
Read moreHONG KONG, Aug 06 (Reuters): Huawei Technologies said it was seeking compensation from its contract manufacturer Flex Ltd for illegally withholding some 400 million yuan ($57 million) worth of its goods in the wake of a US trade ban on the Chinese firm.Huawei spokesman Guo Fulin did not comment on...
Read moreWith a view to improving the socio-economic condition of farmers and attracting customers, the GME Agro Limited has imported Brahaman and Brangus species of cows for production locally, according to a press release.For the Eid-ul-Azha 2019, the company has arranged a display centre in the city's Baridhara area to sell...
Read moreJanata Bank Limiteed (JBL) Managing Director and CEO Md Abdus Salam Azad and Janata Bank Staff College Principal Qazi Golam Mostafa posing with the newly-recruited senior officers at an inaugural ceremony of a two-day oriented course organised by JBL at its Staff College in the city recently
Read moreManaging Director of Telephone Shilpa Sangstha Limited Engineer Fakrul Haider Chowdhury (left) and Managing Director of ADN Telecom Limited Henry Hilton (right) shaking hands while exchanging documents of an agreement signed between the two companies in the capital recently
Read moreChairman of Jamuna Bank Foundation and Chairman of the Executive Committee of Jamuna Bank Limited Nur Mohammed, Managing Director and CEO of the bank Shafiqul Alam (4th from right) and senior executives taking part in a dengue eradication programme of the foundation in the city recently
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