Electric bicycles have pushed up the sales of the local bike industry as the manufacturers are learning to live with the present-day challenge.Sales of bicycle in local and global markets have marked a significant rise thanks to new models and electric bikes, industry insiders have said.Bangladesh is currently exporting 0.7...
Read moreThe number of handloom units has registered a sharp fall mainly due to a continuous growth of powerlooms and dyeing factories in the country over the years, according to a study.A gradual change in women's dress habit and fashions is also responsible for such a situation.As a result, the number...
Read moreFinance Minister AMA Muhith on Saturday stressed the need for raising capacity build-up of general masses to accelerate the development of the country."The more we work, the more we consume energy ... and the country will move forward with increased activities," he said.The finance minister said these while delivering the...
Read moreA national industrial fair (NIF), first of its kind in the country, will be held in November aiming to promote the industrial sector further.Apart from different committees and subcommittees, the industries ministry has already formed a coordination committee, headed by secretary in charge Md Abdul Halim, to hold the fair...
Read moreThe country's apex trade body requested on Sunday the visiting delegation from Brunei to invest in Bangladesh considering the existing investment-friendly environment here. "We request you (visiting Brunei delegation) to invest in pharmaceuticals, frozen food, and health service sectors" president of the Federation of Bangladesh Chambers of Commerce and Industry...
Read moreMd Mahbubor Rahman has been promoted as General Manager (GM) of Janata Bank Limited (JBL) recently, said a press statement. Prior to this position he served as a deputy general manager of the same bank. He joined the Janata Bank as senior officer in 1988 and worked as the chief...
Read moreKarmasangsthan Bank, a specialised government owned bank, appointed Md. Mahabbat Ullah as Deputy Managing Director recently, says a statement.Before joining Karmasangsthan Bank, Mahabbat Ullah, a renowned banker, was serving Palli Sanchay Bank as deputy managing director.He also served Probashi Kallyan Bank and Ansar-VDP Unnyan Bank as general manager.He started his...
Read moreBERLIN, Sept 09 (Reuters): Chancellor Angela Merkel said on Saturday Germany would reduce government debt and invest in employment and infrastructure to extend the economy's upswing and prepare for any downturn.In her regular weekly podcast, Merkel said the government would use its 2019 budget - due to be debated in...
Read moreChairman of the Board of Directors of South Bangla Agriculture & Commerce (SBAC) Bank Limited S. M. Amzad Hossain presiding over the bank's 81st Board Meeting at its head office in the capital on Sunday with Managing Director and CEO Md. Golam Faruque and other directors present
Read moreCommward 2018 honoured 85 advertising works through a grand award gala on Saturday, said a statement. The award ceremony was attended by around 500 professionals from the business organizations, marketing and creative agencies. Also, special recognition was given to Bitopi Advertising for completing 50 years in the creative industry and...
Read moreMr. N. Mustafa Tarek, Deputy Managing Director of United Commercial Bank Limited inaugurating the 30th agent banking outlet at Gunagori Bazar, Bashkhali, Chattogram as Chief Guest on Sunday
Read moreTata Motors, along with its distributor, Nitol Motors Ltd announced the launch of its most stylish compact SUV, Tata Nexon in Bangladesh on Sunday. The Tata NEXON is a modern design of "breaking the box" with an aerodynamic silhouette. This enhances its sporty character and marks an evolution in SUV...
Read moreBEIJING, Sept 09 (Reuters): China said it will increase export tax rebates for 397 items ranging from some electronic products to steel ones, in a bid to boost prospects for shipments amid its trade war with the United States.The move comes as word is widely awaited on whether US President...
Read moreVIENNA, Sept 09 (Reuters): France is willing to consider ways to compensate Ireland for possible lost revenue resulting from a proposed European Union tax on big internet companies, French officials said.European Union finance ministers are aiming to agree on a tax on big companies' digital turnover by the end of...
Read moreDUBAI, Sept 09 (Reuters): Middle East ride-hailing firm Careem said on Sunday it had started a service in Sudan.With this, Careem becomes one of few international companies to enter the African country since US economic sanctions were lifted last year.Sudan is grappling with an economic crisis as a foreign currency...
Read more© 2024 - All Rights with The Financial Express