The state-run gas companies will place fresh proposals to the energy regulator, seeking tariff hike for almost all sorts of gas users, as the country's LNG import is expected to double by April next."We are working to place the tariff hike proposal to the Bangladesh Energy Regulatory Commission (BERC) soon,"...
Read moreExperts urged the government on Sunday to think about the country's trade policy reform seriously to overcome emerging internal and global economic challenges. They made the call at a discussion on 'Tariff Rationalisation for Export Diversification in Bangladesh' organised by the SANEM Centre for International Trade on the concluding day...
Read moreBangladesh Textile Mills Association (BTMA) leaders have urged the government to fix the bank interest rate at single digit and extend the duration of installment repayment facility for additional 10 years.They said the country's primary textile millers have been hit hard by misuse of bonded warehouse facilities as yarn, fabric...
Read moreGuardian Life Insurance Limited, the fastest growing life insurance company in Bangladesh, saw over 300 per cent growth rate in the last two consecutive years -- 2016 and 2017.The country's leading life insurer was also the highest premium earner in 2016 among fourth generation life insurance companies in Bangladesh, according...
Read moreThe Anti-Corruption Commission (ACC) launched on Sunday a probe into alleged misappropriation of Tk 570 million by a director and the company secretary of Standard Asiatic Oil Company Ltd. (SAOCL), an enterprise of the Bangladesh Petroleum Corporation (BPC). Earlier, the ACC received a complaint that Moinuddin Ahmed, a member of...
Read moreFair allocations of resources in coastal areas are absent in the development process and local-level interventions by public and private sectors, speakers said at a programme on Saturday.The Coastal Zone Policy 2005 is still not implemented and streamlined with the climate change adaptation and development planning, they added.This is a...
Read moreA surveillance team of Bangladesh Standards and Testing Institution (BSTI), Dhaka, led by Deputy Director (CM) Md. Nurul Islam, conducted drives against unauthorised and unscrupulous businesses at 11 different places in the capital on Sunday.The team, assisted by members of law enforcement agencies, seized 5,130 filthy and non-food grade drinking...
Read moreBRUSSELS, Feb 17 (AFP): The EU's trade surplus with the United States (US) reached a record level in 2018, data showed Friday, increasing the risk that US President Donald Trump's anger could reignite a trade war.Trump is a furious critic of Europe's high trade surpluses, accusing the EU - and...
Read moreNEW DELHI: The Reserve Bank of India (RBI) may impose monetary penalty on Yes Bank for breaching the confidentiality norms of its communications exchange with the private bank which the central bank is said to be treating as a market-related information slip aimed at boosting the stock.Sources said this calls...
Read moreSAN FRANCISCO, Feb 17 (AFP): Samsung announced Friday it will open three US retail stores to promote its Galaxy line of smartphones as the South Korean giant sets to launch an updated flagship handset.The move ramps up Samsung's efforts to compete on the home turf of Apple, which has hundreds...
Read moreArif Quadri, Additional Managing Director of United Commercial Bank Limited, and other officials posing with the participants of a weeklong training for cash officials, organised by the bank, at its Corporate Head Office in the city recently
Read moreNur Mohammed, Chairman of Jamuna Bank Foundation, Additional Managing Director of Jamuna Bank Limited and CEO of Jamuna Bank Foundation Mirza Elias Uddin Ahmed and other guests seen at the inaugural ceremony of a free eye camp and diabetes, gynaecological and general treatment services at Khalishpur High School in Khulna...
Read moreKarmasangsthan Bank Managing Director Md. Abul Hossain attending a two-day workshop, organised by the state-owned bank at its head office in the city recently. General Manager (Admin) Md. Abdul Mannan presided over the event where all general managers, deputy general managers and other high officials were present
Read moreChairman of Crystal Insurance Company Limited Abdullah Al-Mahmud (Mahin) speaking as the chief guest at the inaugural ceremony of the 19th Annual Conference of the company in Narsingdi on Saturday. Chief Executive Officer of the company Mia Fazle Karim presided over the conference
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