Speakers at a discussion stressed Wednesday the need for a master plan to select and implement Public-Private Partnership projects to make sure those are efficient and effective.They said the government could consider floating initial public offerings (IPOs) or special bond to collect funding for PPP projects because commercial banks are...
Read moreState minister for power, energy and mineral resources Nasrul Hamid on Wednesday urged the companies operating in the country's LPG sector to maintain quality of fuel and keep the price within the means of general consumers.He also suggested the sector people diversify their products for different types of consumers-from industrial...
Read moreA parliamentary watchdog suggested Wednesday taking punitive actions against the unscrupulous recruiting agencies and middlemen if found guilty.The actions are intended to regulate their activities while ensuring accountability.The suggestion came at the 21st meeting of the parliamentary standing committee on the ministry of expatriates' welfare and overseas employment at the...
Read moreState Minister for Power, Energy and Mineral Resources Nasrul Hamid has suggested escalating the use of modern technologies with professionalism to build smart cities meeting the demand of power and water.He made the suggestion while presenting a keynote paper on "The Future of Cities: Power and Water" at the concluding...
Read moreTVS Motor Company, a manufacturer of two-wheelers and three-wheelers, has launched the TVS Apache RTR 160 (160cc) in Bangladesh, says a statement.J Ekram Hussain, Managing Director of TVS Auto Bangladesh Limited, formally launched the TVS Apache RTR 160 at a ceremony at BICC in the capital on Wednesday.Chief Executive Officer...
Read moreRoad Transport and Bridges Minister Obaidul Quader has said that Bangladesh Road Transport Corporation (BRTC) has taken initiative to activate 410 inactive buses in phases.The road transport and bridges minister said this while replying to a query made by Treasury Bench lawmaker Nizam Uddin Hazari of Feni-2 constituency at the...
Read moreChief of Naval Staff and Chairman of Dockyard and Engineering Works Limited (DEW Ltd) Admiral Nizamuddin Ahmed inaugurated a composite boat workshop at DEW Ltd in Narayanganj on Tuesday, reports BSS.DEW Limited Managing Director Commodore Sheikh Arif Mahmood along with high military and civil officials were present on the occasion,...
Read moreThe government signed Wednesday two loan agreements with the OPEC Fund for International Development (OFID) for US$60 million aiming to implement two projects, titled 'Construction of Paira Bridge (Lebukhali Bridge) on Barisal-Patuakhali Road' and the 'South Asia Sub-Regional Economic Cooperation (SASEC) Road Connectivity Project'. Economic Relations Division (ERD) secretary Kazi...
Read moreFinance minister AMA Muhith speaking Wednesday at a session on "Implementation of the 7th FYP and the SDGs: Challenges and Way Forward" at the Bangladesh Development Forum 2018 in Dhaka — FE Photo
Read morePartex Agro Ltd. signed an MoU with ACDI/VOCA for acting as a partner for USAID's Feed the Future Bangladesh Rice and Diversified Crops (RDC) activity project recently. Tim Russell, Chief of Party for USAID's RDC and K. M. Ali, CEO of Partex Star Group, signed the agreement.
Read moreOmera Petroleum was awarded as the best private organisation at the 5th Asia LPG Summit, which began at ICCB in the capital on Tuesday. Md Tajul Islam, Chairman of Parliamentary Standing Committee on Power, Energy and Mineral Resources Ministry, inaugurated the event as the Chief Guest.
Read moreGENEVA, Jan 17 (AFP): Nestle said on Tuesday it has agreed to sell its US candy business to Italy's Ferrero for CHF 2.8 billion ($2.9 billion, 2.4 billion euros) in cash as the Swiss food giant shakes up its product portfolio.Ferrero, known for its Tic Tac, Nutella and Ferrero Rocher...
Read moreBangladesh, India and Nepal are set to sign passenger vehicle protocol by April this year to allow movement of vehicles through these countries under Bangladesh, Bhutan, India and Nepal (BBIN) Motor Vehicles Agreement (MVA).Almost two years after finalising the draft protocol, the delegates of the three countries at a meeting...
Read moreBERLIN, Jan 17 (Agencies): Leading economists from France and Germany on Wednesday called for new fiscal rules for the eurozone and the creation of an independent watchdog to help to make the single currency more resilient against crises in the future.Their intervention comes as Germany and France seek to inject...
Read moreBEIJING/SINGAPORE, Jan 17 (Agencies): China's fuel blending companies and independent refineries will bear the brunt of new tax rules that will close loopholes that allegedly allowed them to sell fuel without paying consumption taxes.The rules address a long-held complaint by China's state-owned oil companies that the privately owned refiners and...
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