Exporters of plastic bottle waste are passing through tough times following a recent Chinese ban on its import, sector insiders said.Some exporters have already switched to other trades as their shipments took a nosedive while many are struggling hard to survive.Export earnings from polyethylene terephthalate (PET) bottle flakes dropped by...
Read moreExperts at a seminar on Sunday demanded an increase of 5.0 per cent in the budgetary allocation every year to help cope with the impacts of climate change.They also called on the government to allocate more funds for research on the climate change issues to find out socially acceptable and...
Read moreThe disbursement of farm loans by scheduled banks has reached 88 per cent of its full-year target in the first ten months of this fiscal year, a central bank official said.The banks witnessed a high demand for agriculture credit in the period of July-April, he said, terming the loan disbursement...
Read moreThe Appellate Division of the Supreme Court will deliver its order today (Monday) on an appeal against a High Court notice asking the authorities concerned to explain as to why directives should not be given to wind up Destiny 2000 Ltd., reports UNB.A four-member bench led by Chief Justice Syed...
Read moreThe Dhaka Chamber of Commerce and Industry (DCCI) inaugurated an agro service desk on Sunday with a view to developing the agriculture sector. The 'DCCI Agro Service Desk' set up at the trade body office will assist the stakeholders and entrepreneurs in this sector in ensuring safe and quality agriculture...
Read moreEastern Bank Ltd. (EBL) signed an agreement with Navana Limited for giving special discount on brand new Toyota vehicles for different card-holding clients of the bank.M Khorshed Anowar, Head of Retail Banking of EBL, and Md Shahood Mustansir, Head of Sales of Navana Limited, signed the deal on behalf of...
Read moreThe country's overall electricity generation reached the highest-ever level of 10,699 megawatts (MW) at 9:00 pm on Saturday.It broke the previous power generation record of 10,147 megawatts on May 22. Earlier, 10,137 MW of electricity was generated on April 24, 2018.According to state-run Bangladesh Power Development Board (BPDB), the country's...
Read moreRobi, a leading digital service provider of the country, has launched its advance train ticket purchasing service recently through its digital payment solution, RobiCash, reports UNB.The mobile-based train ticketing solution is available for seven days a week. Customers can purchase tickets up to 10 days in advance of their date...
Read moreDeputy Managing Director of Uttara Motors Durand Mehdadur Rahman handing over the first prize of Tk 0.5 million to Saidur Rahman, the winner of the first raffle draw organised by Uttara Motors as part of Ramadan offers, at its corporate office in the city recently
Read moreBEIJING, May 27 (Reuters): Qualcomm Inc is likely to meet this week in Beijing with antitrust regulators of People's Republic of China (PRC) in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV.The acquisition has been caught in the crosshairs of rising US-China...
Read moreFRANKFURT/SYDNEY, May 27 (Reuters): The impact of a pledge last week by Deutsche Bank to cut at least 7,000 jobs is already being felt from London to Sydney.Germany's biggest bank is cutting a team of 10 investment bankers in the British capital focused on deals in emerging markets, a person...
Read moreHari Bhakta Sharma KATHMANDU, May 27 (Xinhua): Nepali industrialists have expected a surge in foreign direct investment (FDI) in Nepal in the coming days as the country is heading toward political stability after recent national elections. After 16 years, the ruling party has had the absolute majority in the parliament...
Read moreHONG KONG, May 27 (Xinhua): A senior official with the Hong Kong Special Administrative Region (SAR) government said on Saturday that Hong Kong supports high quality bilateral and regional economic arrangements that would add momentum to further trade and investment liberalisation, contributing to the realisation of the long-term vision of...
Read moreChinese banks' liabilities, assets rise BEIJING, May 27: China's banking institutions saw their assets and liabilities continue to expand in April compared with a year earlier, according to the China Banking and Insurance Regulatory Commission. The institutions had combined assets of 248.6 trillion yuan (about 38.9 trillion U.S. dollars) as...
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