The target of rice production set by the government for this Boro season is unlikely to be achieved due to persistent low prices of paddy, insiders said.The country produced an all-time high of 19.57 million tonnes of rice during the Boro season in the last fiscal year (FY'18), according to...
Read moreBangladesh Economic Zones Authority (BEZA) has got approval of the Prime Minister's Office (PMO) to rehabilitate a total of 518 families living in the areas of Mirsharai Economic Zone and Sonadia Ecotourism Park.The families will be relocated to a newly developed residential area with all required facilities and utility services....
Read moreInfrastructure Development Company Limited (IDCOL), a state-run non-banking financial institution, is going to organise an international conference titled 'Bangladesh Clean Energy Summit 2019' to accelerate the transition towards clean and sustainable economy.Finance Minister A H M Mustafa Kamal is expected to inaugurate the two-day summit on March 10 at Bangabandhu...
Read moreThe 15th edition of BASIS SoftExpo-2019 is scheduled to be held from March 19 to 21, creating a hub for local and international ICT companies, key policymakers and ICT stakeholders.This year the ICT Division and Bangladesh Association of Software and Information Services (BASIS) will jointly organise the SoftExpo-2019 at International...
Read moreTOKYO, Feb 20 (Reuters): Japan's exports posted their biggest decline in more than two years as China-bound shipments tumbled, fuelling concerns about slowing global demand as the business mood sours and orders for the country's machinery goods fell sharply.Ministry of Finance data out on Wednesday showed Japan's exports fell 8.4...
Read moreBEIJING, Feb 20 (Reuters): The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open wider.The world's two largest economies began their latest round of trade talks this...
Read moreLONDON, Feb 20 (Reuters): British Prime Minister Theresa May said Honda's announcement that it would close its factory in England in 2021 was deeply disappointing, but could not be blamed on the country's upcoming departure from the European Union. "The decision this week by Honda is one that is deeply...
Read moreFRANKFURT (AM MAIN) Feb 20 (AFP): German financial markets supervisor Bafin in late 2018 blocked a firm from raising cash by issuing a new cryptocurrency, a source familiar with the matter confirmed to the news agency on Wednesday.First reported by business daily Handelsblatt, the decision affected German startup Rise, which...
Read moreCtg port ranks 70th among 100 top portsThe Parliamentary standing committee on shipping ministry at its first meeting revealed on Wednesday that the Chittagong port has been ranked as the 70th busiest container port in the world among the top 100 seaports in the world. The meeting was held at...
Read moreManaging Director and CEO of Al-Arafah Islami Bank Limited Farman R Chowdhury and President of Hajj Agencies Association of Bangladesh (HAAB) Abdus Sobhan Bhuiyan exchanging documents after signing a memorandum of understanding on Hajj services at a city hotel on Tuesday
Read moreChief Executive Officer of Sunlife Insurance Company Ltd. AKM Shariful Islam handing over a cheque for Tk 50,000 as death insurance claim to the nominee of the deceased Late Md Sahabuddin Chowdhury at the head office of the insurance company in the city recently with Additional Managing Director S M...
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