Local producers have been ramping up the production of powdered milk amid growing demand generated by both industrial use and household consumption.Although the domestic supply is still much lower, compared to the import volume, local producers are trying to grab a significant portion of the market share, business insiders said....
Read moreA call centre dedicated to providing support and counselling for consumers regarding their rights received good responses in its first month of launching.The Consumer Association of Bangladesh (CAB) opened the call centre on October 31 and it received a total of 324 complaints from customers throughout November.According to data available...
Read moreAs more and more companies look to relocate production bases away from China, Bangladesh can be a major alternative for global supply chain, said a senior Standard Chartered banker.But it needs more investment in big infrastructure while ensuring a congenial investment climate to reap potential benefits, he observed.Farooq Siddiqi, global...
Read moreFE DeskMiddle-eastern country Qatar has opened its visa center in Bangladesh, says a statement.Expatriates' Welfare and Overseas Employments Minister Nurul Islam BSc and Qatar's Ambassador to Bangladesh Ahmed Mohamed Al-Dehaimi inaugurated the Qatar Visa Center (QVC) in the capital on Tuesday in presence of senior government officials, heads of diplomatic...
Read moreThrust on tech support to jute sectorSpeakers at a press conference on Monday stressed the need for technology support and enforcement of existing laws for development of the country's jute sector. They also recommended diversification of jute products and engaging proper lobbyists in the international market to boost exports of...
Read moreRussel Ahammed Sarkar and Md Ashraful Azad Bhuiyan were elected president and general secretary respectively of Proyash Cooperative Limited for a three-year term (2018-2021), said a press statement.The other office-bearers of the nine-member committee are - vice-president Md Mosharraf Hossain; Joint general secretary Md Monowar Hossain and treasurer Nigar Sultana....
Read moreBEIJING, Dec 11 (Reuters): China and the United States discussed a road map for the next stage of their trade talks on Tuesday, during a telephone call between Vice Premier Liu He and US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.US President Donald Trump and Chinese President Xi...
Read moreLONDON, Dec 11 (Reuters): One of the International Monetary Fund's (IMF) top officials warned on Tuesday that storm clouds were gathering over the global economy and that governments and central banks might not be well- equipped to cope.The fund had been urging governments to "fix the roof" during a sunny...
Read moreFRANKFURT AM MAIN, Dec 11 (AFP): Confidence among German investors recovered slightly from recent months' lows in December, a regular survey found Tuesday, but remained gloomy overall.Measuring expectations for the coming months, the ZEW institute's monthly barometer based on a poll of 201 analysts and financial players added 6.6 points...
Read moreAdviser of a caretaker government Geeteara Safiya Choudhury handing over 'The Best Ice Cream Brand 2018' award, conferred by Bangladesh Brand Forum, to the representatives of Igloo Ice Cream at a function in the city recently. Igloo got this award for the 4th time
Read morePadma Oil Company Limited's Managing Director Md. Masudur Rahman and General Manager (Marketing) and Company Secretary Mohiuddin Ahmed receiving the first prize at the ICMAB Best Corporate Award 2017 in the miscellaneous trading category from Finance Minister AMA Muhith in a ceremony at the InterContinental Dhaka recently
Read moreBENGALURU, Dec 11 (Reuters): Indian inflation is likely to have cooled to a 16-month low in November, according to a Reuters poll, as food and fuel prices fell, supporting the Reserve Bank of India (RBI)'s decision to keep interest rates on hold at a policy meeting last week.The poll of...
Read moreLONDON, Dec 11 (Reuters): British workers received their biggest pay rise in a decade in the three months to October as the country's strong labour market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday.Average weekly earnings, including bonuses, rose by an annual 3.3 per cent,...
Read moreFRANKFURT, Dec 11 (Reuters): Apple has launched its mobile payments service in Germany, four years after its start in the United States and trailing Google, which started its payments app in the country in June.Customers at banks such as Deutsche Bank, Commerzbank unit Comdirect, Hypovereinsbank, Wirecard, Hanseatic Bank and of...
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