Bangabandhu Sheikh Mujib Shilpanagar (BSMSN), an upcoming smart industrial city, is shaping the future of Bangladesh by attracting huge amount of local and foreign investments, observed an expert on economic zones, reports BSS.He mentioned that the strategic location of BSMSN along the Dhaka-Chattogram Highway and advantages of being an ocean-front...
Read moreDBCCI President Md Anwar Shawkat Afser and the Board of Directors of Dutch-Bangla Chamber of Commerce & Industry met Foreign Minister A K Abdul Momen on Wednesday at the Conference Room of Foreign Service Academy in Dhaka, says a press release.Mr Afser proposed some vital issues relevant to the Netherlands...
Read moreThe Roads and Highways Department signed a concessionary agreement with a Chinese-Bangladesh consortium Sichuan Road and Bridge Corporation, Shamim Enterprise and UDC Corporation (SRBG-SEL-UDC) to upgrade the Dhaka Bypass Road under a public private partnership modality on December 6, 2018, says a press release.The upgradation and construction of Dhaka Bypass...
Read moreSubsidised Indian rice is damaging Pakistan's exports and the government must take up the issue with the World Trade Organisation (WTO) against New Delhi for "jeopardising international food security in violation of its rules," a representative of local rice traders said on Thursday, reports DAWN.Pakistan rice exports, both Basmati and...
Read moreSHANGHAI, June 25 (Reuters): China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan."Many miners are exiting the business to comply with government policies," said...
Read moreLONDON, June 25 (Reuters): The dollar drifted lower in Europe on Friday as an agreement on U.S. infrastructure spending underpinned appetite for riskier currencies, but caution ahead of key U.S. inflation data kept losses to a minimum.The risk-sensitive Antipodean currencies rose, as did the euro, gaining 0.1% to $1.1943, and...
Read moreJAKARTA, June 25 (Reuters): Indonesia's state oil company Pertamina's new unit, Pertamina International Shipping (PIS), is looking to spend $4 billion in the next seven years to refurbish its fleet of vessels and upgrade terminals, a top official said on Friday.The new unit plans to replace 23 vessels and expand...
Read morePARIS/CANBERRA, June 25 (Reuters): Chicago corn, wheat and soybean futures edged higher on Friday as the market assessed contrasting rain forecasts for U.S. growing belts and looked ahead to government acreage estimates next week.Grain prices have been pressured this week by weather charts projecting heavy rain in a swathe of...
Read moreNEW DELHI, June 25 (Reuters): India's technology minister slammed Twitter on Friday for denying access to his account for almost an hour amid growing tensions between the U.S. company and Prime Minister Narendra Modi's administration over compliance with new IT rules.Ravi Shankar Prasad said in a thread on Koo, a...
Read moreLONDON, June 25 (Reuters): Global oil consumption is set to return to pre-pandemic levels by the first quarter of 2022, driven by a strong expansion in global manufacturing and freight transport as well as the gradual re-opening of major economies.Booming consumption from miners, manufacturers, shipping and trucking firms, as well...
Read moreLONDON, June 25 (Reuters): Copper prices rose on Friday after U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal valued at $1.2 trillion over eight years, which helped reinforce expectations of stronger demand.Benchmark copper on the London Metal Exchange traded up 0.4% at $9,479 a tonne in official rings.Prices...
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