Sunday, 17 Nov, 2024

Business

Samoa keen to boost coop on agro-RMG

DHAKA: Tuilaepa Aiono Sailele Malielegaoi, Prime Minister of Independent State of Samoa, expressed his interest to explore possibilities of cooperation with Bangladesh in the areas of agriculture and Ready Made Garments. He expressed this interest during a call on by Shahriar Alam

Banglalink-DHL Global sign deal

DHAKA: Banglalink, the second largest mobile telecom operator in Bangladesh, and DHL Global Forwarding Bangladesh, number one in the efficient co-ordination and movement of freight worldwide, has signed a corporate agreement recently.The deal signing ceremony was held at a city hotel,

Govt to pay Tk 2 lakh crore foreign loan

FROM PARLIAMENT: The government has a total of Tk 195,000 crore foreign loans in the public sectors till June of fiscal year 2012-13.The government had paid Tk 1,571 crore as interest and Tk 8,185 crore as capital in the year.Finance Minister AMA Muhith made the disclosure while

No ‘clearance’ to foreign artistes without tax

DHAKA: National Board of Revenue (NBR) has moved for collecting revenues from the foreign artistes’ concerts and other functions inside Bangladesh.NBP sources said the main tax administration authorities have already sent a letter to the cultural affairs ministry on the matter.In

15th Textech Int’l Expo kicks off

DHAKA: A four-day 15th Textech Bangladesh-2014 International Expo, largest of its kind in textile and apparel industry, has been kicked off at Bangabandhu International Conference Centre (BICC) Wednesday. Industries Minister Amir Hossain Amu inaugurated the festival in the noon which

BB stands by flood-hit people

DHAKA: Bangladesh Bank (BB) stands by the flood-affected people through directing other banks to raise their corporate social responsibility (CSR).The central bank, in this regard, on Tuesday asked 39 banks with a circular to extend their CSR activities for the people of flood-hit

Bangladesh moves up in Global Competitiveness

DHAKA: Bangladesh has moved up one step to 109th in this year’s Global Competitiveness Index (GCI) among 144 countries, compared with last year’s 110th.According to the Global Competitiveness Report (GCR) released  on Wednesday, Switzerland topped the GCI, followed by Singapore.

Stocks end higher Wednesday

DHAKA: Country's stock market marked gain in its price indices on Wednesday. The broad index of Dhaka Stock Exchange, DSEX, rose over 30 points only to stand at 4,632 at the close on the last trading day of the week.Trade deals stood at 131834 with volume of transactions at Tk 5,506

Bashundhara-Toma Group sign deal

DHAKA: From now on, Toma Group, country’s one of the leading construction firms, will use Bashundhara cement, in its construction projects.In this regard, the organization signed a corporate agreement with Bashundhara Industrial Complex Limited, a concern of Bashundhara Group and

WB for deep sea port at Kutubdia

DHAKA: The World Bank (WB) wants to set up a deep sea port at Kutubdia apart from helping Bangladesh in the development of Chittagong Port.However, the WB will offer the Bangladesh government after they make a feasibility study in this regard.World Bank Country Director Johannes Zutt

Govt to change GB appointment rule

DHAKA: Finance Minister AMA Muhith on Tuesday categorically said the government would change the rules in appointing director of Grameen Bank (GB).The finance minister made the disclosure while talking to journalists in response to a query at his secretariat office.Muhith said the

Bashundhara Cement to be top brand

SYLHET: Bashundhara Cement is going to be the country’s top brand cement with the love of its sellers and users.Therefore, retailers of the cement called upon the authorities concerned to uphold the quality in keeping the trust of all.The retailers made the plea at a view exchange

BB to be world class: Atiur

DHAKA: Governor of Bangladesh Bank Dr Atiur Rahman on Tuesday said that they have been working to transform country’s central bank into a world class one. “We already have adopted a Strategic Action Plan from 2015 to 2019,” he also said. Governor made the observations in a press

Fish & Co now at Gulshan

DHAKA: For the first time, Singapore’s pioneer of casual Western seafood dining “Fish & Co” is all-set to open its outlet in Bangladesh. The famous international chain shop is ready open its first outlet at Gulshan-1 area in the capital Dhaka on Tuesday. Those who have a special

10 pct FDI fall in 2013-14 fy

DHAKA: The foreign direct investment (FDI) in the country fell in the 2013-14 fiscal year, 10.2 percent down from the same period a year ago.According to the Bangladesh Bank data, net FDI in Bangladesh stood at 1,550 million US dollars in the 2013-14 fiscal year ( July 2013-June

RHD introduces E-Filing system

DHAKA: In a bid to bring transparency and accountability in resolving documental works, Roads & Highways Department of Communications Ministry introduced Electronic Filing system. Minister Obaidul Quader inaugurated the system officially at his secretariat office in city Monday.

Amin Jewelers to honor 25 eminent personalities

DHAKA: Amin Jewelers, the leading Jewelry shop of the country, set to honor 25 eminent personalities on January 1 in 2015.The authorities will honored them for their outstanding contribution in several sectors including country’s history, tradition, independence, language movement,

Bourses see gain Monday

DHAKA: Country's stock market marked gain in its price indices on Monday. The key index of Dhaka Stock Exchange, DSEX, rose over five points only to stand at 4,554 at the close on the last trading day of the week.Trade deals stood at 129575 with volume of transactions at Tk 5014

BD remittance fair in Malaysia Sep 21

DHAKA: A two-day long single-country fair titled ‘Remittance & Investment Fair 2014’ will be held at Merdeka Square of Kuala Lumpur in Malaysia on September 21. State Minister for Finance and Planning MA Mannan is scheduled to inaugurate the fair A total of 55 Bangladeshi stalls

PBL asked to return Tk30 cr to job seekers

DHAKA: Prime Bank Limited (PBL) has been ordered to return 2,500 job seekers’ Tk 30 crores which were taken from them by the bank agent in the name of mobile service. On August 27, Bangladesh Bank sent a letter to Managing Director of the bank in this regard, where it was said that