Edible oil refiners on Monday suggested Bangladesh Tariff Commission (BTC) should monitor oil prices at production, distribution and retail level before fixing the tariff structure.Many distributors show less interest in purchasing oil even after making profit of Tk 5.0 a litre, they said, adding that the producers earn profit in...
Read moreA high-powered Saudi Arabian business delegation will visit Bangladesh in early next month to explore possible investments here, officials said on Monday.Some 20 renowned Saudi Arabian business groups from power, energy, oil, railway, cement, IT and financial sectors will arrive in Dhaka on February 10, Executive Chairman of the Bangladesh...
Read moreThe government has taken initiatives to extend power distribution lines in Rangpur and Rajshahi divisions to give some 0.415 million (4.15 lakh) new power connections."The Executive Committee of the National Economic Council (ECNEC) in its Tuesday's meeting is likely to consider two separate projects in this regard," said a senior...
Read moreA visiting business delegation from Nepal on Monday expressed their interest to export yarn to Bangladesh, taking advantage of the geographical proximity between the two neighbouring countries.The team, led by acting Nepalese ambassador to Bangladesh Dhan Bahadur Oli, showed their willingness at a meeting with local knitwear manufacturers at the...
Read moreThe government will increase the number of Commercially Important Person (CIP) status of non-resident Bangladeshis (NRBs) nearly threefold from this year to encourage the expatriates to send more remittances.The government will also announce names of 35 NRB CIPs for fiscal year 2016-17 within June, 2019, reports UNB.The CIP status is...
Read morePresident of Incheon Support Centre for Foreign Workers Kim Jae Eup has assured Bangladeshi workers in South Korea to resolve their difficulties, if any, by engaging with them intensely through counseling and other methods.He also encouraged them to learn different skills, offered by the centre free of charge, to adapt...
Read moreBJS revises up gold pricesLocal jewellers have increased prices of three categories of gold, effective from Today (Tuesday). The prices have been increased by more than Tk 1,100 per bhori of 22, 21and 18 carat gold, according to a statement issued by Bangladesh Jewellers' Association (BJS). With the fresh hike,...
Read moreWASHINGTON, Jan 28 (AFP): With a month left in their truce, senior US and Chinese officials will meet in Washington this week, hoping to move toward a bargain to end their unprecedented trade war.Beijing's trade envoy, Chinese Vice Premier Liu He, will lead a 30-members delegation at the invitation of...
Read moreFRANKFURT AM MAIN, Jan 28 (AFP): Lending to the private sector in the eurozone picked up pace in December, official data showed Monday, suggesting little effect from the withdrawal of a key pillar of central bank stimulus last month.Borrowing among eurozone firms and households grew 3.4 per cent year-on-year in...
Read moreRIYADH, Jan 28 (Reuters): Saudi Arabia signed an agreement to build a metal smelter with global commodities trader Trafigura worth $2.8 billion, according to a statement reviewed by Reuters on Monday.The project with Trafigura Singapore will be the first copper smelter in a GCC country.
Read moreMidland Bank Limited Director and Executive Committee Chairman Rezaul Karim, Managing Director & CEO Md. Ahsan-uz Zaman and senior executives opening the bank's relocated Dhanmondi Branch at Rowshan Ara Tower, Satmosjid Road in the capital on Monday while customers, businessmen and local elite were present
Read moreTakaful Islami Insurance Ltd Chairman Anwer Hossain Khan, MP, speaking as the chief guest at the branch managers' conference-2019 of the company in the capital recently
Read moreGroup Managing Director of Anwar Group of Industries Manwar Hossain has been honoured with prestigious Global Asian of the Year-2018 Award by an international business magazine AsiaOne for his outstanding contribution in business leadership category at a function at Marina Bay Sands in Singapore recently
Read moreManaging Director of BM Energy (BD) Ltd-BM LP GAS Mostafizur Rahman has been felicitated with Asia’s greastest brands and leaders-2018 at Asian Business and Social Forum-2019 and third Edition- Asia’s greastest brands and leaders 2018 by AsiaOne at a function at Marina Bay Sands in Singapore recently
Read moreDirector of BASIC Bank Limited Afroza Gulnahar speaking at the inaugural ceremony of the bank’s 69th branch at Chirirbandar in Dinajpur district in presence of Managing Director Ahmed Hossain and elite of the area on Sunday
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