The Bangladesh Export Processing Zones Authority (BEPZA) seeks to incentivise jute goods exporters operating at export processing zones (EPZs) to encourage export trade, officials said.To ensure fair treatment of factories outside and within EPZs, it has sent a letter to finance ministry seeking the stimulus.The same appeal has also been...
Read moreCentre for Research and Information (CRI), Power Cell, Power Division, Ministry of Power, Energy and Mineral Resources (MPEMR) and Green Delta Insurance Company Limited (GDIC) signed a Memorandum of Understanding (MoU) at the CRI office recently to promote and nurture new innovations, talent, and solutions in power and energy sector.CRI...
Read moreFrobel Academy, a renowned English medium school that educates children from age 6 onwards, recently arranged a programme to honour seven alumni from the first batch of Pre-Primary and Primary Teachers' Training Course (PPTC) graduated from Frobel Training Academy. In collaboration with Sunderji Teachers' Training Institute, Pune, India, the one-year...
Read moreWASHINGTON, Sept 20 (AFP): Accustomed to being the first woman in influential leadership positions and speaking frankly to men in power, Christine Lagarde says manmade threats to the global economy can be "man-fixed."Lagarde only last week left her post as head of the International Monetary Fund (IMF) after eight years,...
Read moreLONDON, Sept 20 (AFP): Britain's bailed-out Royal Bank of Scotland (RBS) on Friday appointed long-serving banker Alison Rose as chief executive, making her the first female boss of a major UK lender.Rose, currently deputy head of the group's NatWest Holdings retail business and its commercial and private banking division, will...
Read moreWASHINGTON, Sept 20 (AFP): Federal Reserve policymaker James Bullard said Friday he dissented from this week's vote on interest rates because he wanted to see a bigger rate cut as "insurance" for the US economy.Bullard cited elevated trade uncertainty and said: "US manufacturing already appears in recession, and many estimates...
Read moreTOKYO, Sept 20 (AFP): Major Japanese trading house Mitsubishi Corp said Friday it was carrying out an investigation after its Singapore-based subsidiary lost $320 million because of unauthorised trades by an employee.In a statement, the firm said the losses involved a local employee of Petro-Diamond Singapore who was hired "to...
Read moreBEIJING, Sept 20 (Reuters): China has around 80 days of oil in storage, including those in its strategic petroleum reserve (SPR), oil storage at oil firms and commercial stocks, a National Energy Administration (NEA) official said on Friday.China, the world's biggest importer of crude oil, will complete building the second...
Read moreNova 5T hits BD marketHuawei Nova 5T, the new smartphone of the world's leading tech company Huawei, has arrived in the market of Bangladesh. Huawei came up with the latest edition following the success of Nova 3i in the country. The five-camera phone has Kirin 980 chipset, super charging, stylish...
Read moreAgrani Bank Managing Director and CEO Md Shams-ul Islam (5th from left) and ACI Group Managing Director Dr Arif Doula (2nd from right) exchanging documents after signing an agreement styled "Nationwide Sales Proceeds Collection Service" at the bank's Amin Court Corporate branch, Motijheel in the city in presence of the...
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