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Search date: 26-06-2018 Return to current date: Click here

DNCRP to monitor prices of computers from next month

The government is set to monitor the prices of computers and related accessories from next month, aiming to bring discipline to this sector, official said. The Directorate of National Consumer Rights Protection (DNCRP) and the Bangladesh Computer Samity (BCS) will sit together on July 2 to work out ways to...

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Budget lacks transparency

Civil society members were sceptical about the projected outcome of the proposed national budget for fiscal year 2018-19 which, they said, lacks transparency, accountability and good governance.Terming the Tk 4.68 trillion budget highly challenging, they said expectations of the common people were not reflected in the budgetary proposals.The speakers also...

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CPTU, BCC sign MoU on e-GP data centre hosting

The Central Procurement Technical Unit (CPTU) and the Bangladesh Computer Council (BCC) signed a Memorandum of Understanding (MoU) on the hosting of e-GP data centre at the National Data Centre on Sunday, says a press statement. IME Division Secretary Md Mofizul Islam and ICT Division Secretary Subir Kishore Choudhury were...

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Reinstate issuance of import permits from Ctg

CHATTOGRAM, June 25: The Chittagong Chamber of Commerce and Industry (CCCI) has urged the agriculture minister to instruct the authorities concerned to issue import permits for food items from Chattogram.CCCI president Mahbubul Alam sent a letter with the appeal to Minister Begum Matia Chowdhury on June 24. In the letter,...

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Tariqul Islam joins BDBL as director

The government has appointed Kazi Tariqul Islam as director of the Bangladesh Development Bank Limited (BDBL), says a statement.The Board of directors of the BDBL on Sunday met with Kazi Tariqul Islam and greeted the newly-appointed director.They also presented him with a bouquet of flower.BDBL Managing Director Manjur Ahmed, directors...

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Managing Director of BDBL Manjur Ahmed

Managing Director of Bangladesh Development Bank Limited (BDBL) Manjur Ahmed and members of its board of directors presenting newly-appointed director of the bank Kazi Tariqul Islam with a bouquet at a programme in the capital recently

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Trump car tariffs can run European convertibles off America’s roads

NEW YORK, June 24 (Reuters): In the years before he became president of the United States, Donald Trump owned luxury German cars.Now, pricey European convertibles are among the vehicles that could become rare on American roads if Trump's proposal to slap tariffs on imported cars takes effect.Trump threatened to impose...

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UK supermarket turns to paper bags

LONDON, June 25: British retailer Morrisons is to bring back "traditional" brown paper bags for loose fruit and vegetables, the supermarket said Monday, reports CNBC.From today (Monday), brown paper bags made from 100 per cent recyclable paper are being rolled out in its 493 stores, and will be in all...

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Harley-Davidson to shift motorcycle production out of US

Harley-Davidson said on Monday that it will move production of EU-bound motorcycles out of the US in a bid to combat costs linked to tariffs on various American products.The EU is Harley-Davidson's second biggest market in terms of revenues outside of the US, reports the Independent of the UK.The iconic...

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Swiss bank UBP hires top banker to attract more US clients

Swiss private bank Union Bancaire Privee (UBP) hired a top banker to oversee a unit that specialises in managing investments for US residents and citizens.The UBP is aiming to rebuild its business with US clients following a big tax settlement two years ago, reports Reuters.The group on Monday named Deepak...

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Repo bids fall to Rs 91.36b: RBI

NEW DELHI, June 25 (Reuters): The Reserve Bank of India (RBI) said on Monday it accepted all nine bids for Rs 91.36 billion ($1.34 billion) at its one-day repo auction.The RBI injects liquidity into the banking system through the one-day repo auction.

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Sanofi hires former PSA finance chief de Chatillon

PARIS, June 25 (Reuters): French drugmaker Sanofi announced it had hired former chief financial officer of carmaker and Peugeot-manufacturer at PSA Jean-Baptiste Chasseloup de Chatillon.Chasseloup de Chatillon had helped oversee a revival in PSA's fortunes.Sanofi said Chasseloup de Chatillon would become its executive vice-president and chief financial officer.His position will...

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