Boro harvest has started in haor and lowland areas across the country with a prospect for a bumper yield, but the persisting low prices of paddy has frustrated the growers.Boro contributes more than 55 per cent to total rice output. Newly harvested paddy is selling at only Tk 500-Tk 550...
Read moreHarry Verweij, Ambassador of the Kingdom of the Netherlands to Bangladesh, visited the Bangladesh International Arbitration Centre (BIAC) in the city recently, says a press statement. He was welcomed by BIAC Chairman Mahbubur Rahman and CEO Muhammad A. (Rumee) Ali. The ambassador went round the BIAC premises while Director MA...
Read moreManufacturers of electrical and electronic goods will get more tax benefits than the assemblers of such products in the next budget for financial year 2019-20, National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan said on Wednesday.To promote export diversification, the revenue authority will also offer the potential export-oriented...
Read moreThe committee formed by the Biman Bangladesh Airlines to conduct a feasibility study on its freighter operation has submitted its report recently, recommending launching the cargo service with one medium-sized aircraft initially on Guangzhou-Hong Kong route.A senior Biman official told the FE on Tuesday that the five-member committee headed by...
Read moreThe country's largest international travel and tourism fair titled Biman Bangladesh Travel & Tourism Fair (BTTF) 2019 will begin in the capital today (Thursday).President M Abdul Hamid will inaugurate the three-day fair as the chief guest at Bangabandhu International Conference Center (BICC).State minister for Civil Aviation and Tourism Md Mahbub...
Read moreRajshahi and Khulna city corporations have launched fortnight-long tax collection drives in separate programmes in the two cities, reports BSS.The Rajshahi City Corporation (RCC) started its fortnight-long holding tax collection programme aimed at infusing dynamism in its tax collection system.On the occasion, RCC councilors accompanied by its officials and employees...
Read moreACI Motors has introduced 'Yanmar' Combine Harvester with advanced technology in the country, says a statement.ACI Motors has brought the new modern combine harvester from renowned Japanese agriculture machinery manufacturer Yanmar as the company has been working relentlessly since 2007 to mechanise and modernise the agriculture sector of Bangladesh, said...
Read moreRegent Airways offers discount on airfare CHATTOGRAM, Apr 17: Regent Airways, a renowned private airline, will offer up to 20 per cent discount on airfare on all domestic and international routes during the Bangladesh Travel and Tourism Fair beginning in Dhaka today (Thursday). The three-day international tourism fair will be...
Read moreThe EU has proposed tariffs on $20bn (£15bn) of US goods in a long-running dispute over Boeing aircraft subsidies, reports BBC.The proposal comes after the WTO said earlier this month that the US had failed to remove some Boeing subsidies.The EU move comes after the US said it was considering...
Read moreWASHINGTON: Pakistan's economy is projected to slow down significantly and weigh on the region's aggregate growth rate, says Jihad Azour, director of the Middle East and Central Asia department at the International Monetary Fund, reports the DAWN. At a recent talk on the economic outlook for the Middle East, North...
Read moreWELLINGTON, Apr 17 (AFP): Prime Minister Jacinda Ardern on Wednesday abandoned plans for a capital gains tax despite strongly backing it at the last election, leaving New Zealand among a handful of developed countries not to impose such a levy.The surprise decision, which reflected a split in her Labour coalition...
Read moreNEW YORK, Apr 17 (AFP): Bank of America reported higher first-quarter earnings on lower expenses and loan growth Tuesday, with executives describing US growth as still solid.Net profits were $6.9 billion, up 5.8 percent from the year-ago level.Revenues fell by less than one percent to $23.0 billion.Earnings rose in consumer...
Read moreSHANGHAI, Apr 17 (AFP): Germany's BMW will recall 360,000 vehicles in China as part of the worldwide effort to root out defective airbags made by now-defunct Japanese supplier Takata, regulators in Beijing said.Around 20 people have died in accidents linked to defects in Takata airbags since 2013, prompting a massive...
Read moreParticipants of a three-day 'Orientation Course for the Probationary Officers (General Cadre) & Officers of Export Finance Division', organised by Bank Asia Limited, posing with Mohammad Borhanuddin, President & Managing Director (CC) of the bank, and other officials at the inaugural session of the course at the Bank Asia Institute...
Read moreThe 20th annual general meeting (AGM) of Paramount Insurance was held recently at Gulshan in Dhaka recently with company vice-chairman in the chair. The AGM approved 5.0 per cent stock dividend (bonus share) for the year 2018
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