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Search date: 24-04-2019 Return to current date: Click here

SMEs seek equal bond facility like RMG

The small and medium enterprises (SMEs) have sought equal bonded warehouse facilities for all exporters to help diversify export items and sustain in the competitive global market.In a pre-budget meeting on Tuesday, they also demanded the similar facility that the readymade garment (RMG) exporters are enjoying in terms of designated...

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Net metering adds 4.25MW solar power to national grid

The solar power generation under the net metering system reached nearly 4.25 megawatt (MW) in February last, officials said.They said some 179 producers were generating the electricity in their building rooftops and supplying to the national electricity grid.Under the net metering system, one can store the energy in the grid...

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Govt to form salt board

The government will form a salt board to protect the interests of famers and develop the industry.Industries Minister Nurul Majid Mahmud Humayun disclosed this at a meeting with the leaders of Bangladesh Salt Mills Owners Association (BSMOA) at his office in the city on Tuesday.Participation of all the stakeholders in...

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Focus on boosting bilateral trade

A three-day expo 'Indonesia Fair 2019' will kick off in the capital tomorrow (Thursday) aiming to help boost its bilateral trade with Bangladesh.To be held at the International Convention City Bashundhara (ICCB), the second edition of the event will offer matchmaking platforms among the businesses of both the countries.Indonesian Ambassador...

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Revisiting SME policies must

Bangladesh needs to comprehensively revisit its current small and medium enterprise (SME) policies and strategies starting from definitions to funding arrangements and policy interventions to aid sustainable development of the highly-potential sector.Eminent development economist and SME specialist Dr Momtaz Uddin Ahmed made the observation in an interview with The Financial...

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Stop recruiting foreigners in accounting functions: ICMAB

A delegation of Institute of Cost and Management Accountants of Bangladesh (ICMAB) called on Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam at his office in the city on Tuesday.ICMAB President M Abul Kalam Mazumdar led the delegation, reports BSS.Abul Kalam Mazumdar apprised BIDA Executive Chairman...

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Humayun leaves for China today

Industries Minister Nurul Majid Mahmud Humayun, MP, will leave for China this afternoon (Wednesday) to join the Second Belt and Road Forum (BRF) for International Cooperation.The three-day high level BRF is scheduled to begin on Thursday (Apr 25) at China National Convention Centre (CNCC) in Beijing, a release of the...

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Internet users soar by 1.1m in March

The number of internet users in Bangladesh increased by 1.1 million (11 lakh) in a single month to reach 93.1 million (9.31 crore) in March this year.The figure is all-time high in the country, according to the latest statistics of Bangladesh Telecommunication Regulatory Commission (BTRC), reports BSS.Mobile phone-based connection has...

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News Briefs-(24-04-2019)

Chars to get power thru submarine cable in ShariatpurSubmarine cable connectivity and power sub-stations were inaugurated on Monday at Char Atra and Char Naopara of Naria upazila in Shariatpur. Organising Secretary of Bangladesh Awami League and Deputy Minister for Water Resources AKM Enamul Haque Shameem was present at the inauguration...

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CEO of SBAC Bank Md. Golam Faruque

Managing Director and Chief Executive Officer (CEO) of SBAC Bank Ltd. Md. Golam Faruque inaugurating banking operation of the bank's Banani Branch at a new building at Banani's Kemal Ataturk Avenue in the city recently

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China's Bytedance says India TikTok ban causing $500,000 daily loss

NEW DELHI, Apr 23 (Reuters): India's ban on popular Chinese video app TikTok is resulting in "financial losses" of up to $500,000 a day for its developer, Beijing Bytedance Technology Co, and has put more than 250 jobs at risk, the company said in a court filing seen by Reuters.TikTok...

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Chairman of Crystal Insurance Company

Chairman of Crystal Insurance Company Limited Abdullah Al-Mahmud (Mahin) presiding over the 83rd board meeting of the company in the city recently. Chief Executive Officer Mia Fazle Karim was present, among others

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Robotaxis coming to US roads next yr

SAN FRANCISCO, Apr 23 (Reuters): Chief Executive Elon Musk said Tesla Inc robotaxis with no human drivers would be available in some US markets next year, continuing a habit of bold pronouncements that have excited many investors while often missing deadlines. "Probably two years from now we'll make a car...

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