DHAKA: The world’s largest beverage-maker, Coca-Cola, plans to remove a controversial ingredient from some of its drinks brands by the end of this year, following an online petition. Brominated vegetable oil, or BVO, is found in Coca-Cola fruit and sports drinks such as Fanta and

DHAKA: Twenty-three influential people, those have allegation of dodging duty fees and laundering money abroad, are reportedly controlling the country’s paper industry, bringing an uncertainty to the families of some 22 lakh laborers of the industry.The ‘duty free opportunity’ to

NAOGAON: Deputy High Commissioner of India Sandeep Chakravorty and Sadhan Chandra Majumdar MP jointly inaugurated 400 deep tube-wells in Porsha, Sapahar & Niamatpur upazilas of the district on Monday. Sujit Ghosh, Counsellor (Political and Information), R Masakui, Counsellor (Economic and

DHAKA: The Ministry of Finance (MoF) Monday ordered to offload shares of 21 state owned enterprises (SoEs) by December.The directive came from an inter-ministerial meeting with representatives of the SoEs at Finance Ministry.Sources said the progress of share offloading was reviewed in

DHAKA: Bangladesh Bank (BB) said foreign exchange reserves reached a record high of $20.37 billion at the end of April.The reserve is 37 percent higher than the previous year, the central bank sources said.The higher reserves can cover more than six months’ imports, sources added. On

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Monday. The key index of Dhaka Stock Exchange, DSEX, rose over one point to stand at 4,506 at the close on the second trading day of the week. Trade deals stood at 82,574 with transaction at Tk 3,681

DHAKA: Most of the workers of readymade garment industry of the country are not members of any labour union, said a recent survey conducted by Democracy International (DI). DI conducted this survey of RMG workers to have an in-depth understanding on labour issues, formation of labour

DHAKA: The Centre for Policy Dialogue (CPD) on Sunday demanded the opportunity to turn the black money into white money be scraped in the upcoming budget.The CPD came up with the plea at a press conference on ‘recommendations for the National Budget FY2014-15’ at BRAC Center Inn in

DHAKA: Etihad Airways will be targeting premium high-yielding passengers following the announcement on Sunday of hotel-style bedrooms on its Airbus A380 fleet. ‘The Residence by Etihad,’ its A380 premium class offering, features a living room, separate double bedroom and an ensuite

DHAKA: Anti-Corruption Commission (ACC) submitted charge sheet against 51, including Managing Director, Chairman of MLM Company Destiny brining allegation of embezzling Tk 4,119 crore. ACC Deputy Director Mozahar Ali Sarder submitted the charge sheet to Dhaka Chief Metropolitan

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday. The DSE broad index shed over 62 points to stand at 4,504 at the close on the first trading day of the week. Trade deals stood at 79,288 with transaction at Tk 3,299 million. Of the

DHAKA: Palli Karma-Sahayak Foundation (PKSF) chairman Qazi Kholiquzzaman Ahmad claimed only 10 percent micro credit recipients succeeded coming up above the poverty line. He claimed this while addressing a meeting at Agargaon PKSF Bhaban in city on Saturday.  Showing research data Dr

DHAKA: The Governor of Bangladesh Bank, Atiur Rahman has ordered to extend the grace period to six months to female entrepreneurs’ in regard of loan repayment. He came up with the disclosure as chief guest in a seminar at the auditorium of Bangladesh Bank Training Center in city’s

DHAKA: Former Nokia chief executive Stephen Elop received a bigger-than-expected pay-off as the firm finalised the sale of it handset business to Microsoft. Elop got 24.2m euros ($33.5m; £20m) - 30% more than the initial figure. A large part of that was awarded in Nokia shares, which

DHAKA: The Formalin Control Act-2013 will be passed in the next budget session of the parliament on June. Law Minister Anisul Haque came up with the observation while addressing a discussion on implementation of the Formalin Control Act-2013 organized by Federation of Bangladesh Chambers

DHAKA: India’s largest telecom operator Bharti Airtel Thursday said it will continue to cut discounted minutes and may raise tariffs to meet rising costs. ‘I think we will continue to see an opportunity to raise voice realisation through continued cut back of discounted minutes... We

DHAKA: Five companies enlisted to Dhaka Stock Exchange (DSE) will pay dividends to its shareholders as per the decisions of their boards of directors. The companies include Khulna Power Company Limited (KPCL), Summit Power Limited, ACI Formulations Limited, JMI Syringe and Medical Device

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday. The key index of Dhaka Stock Exchange, DSEX, shed over zero point only to stand at 4,566 at the close on the fourth trading day of the week. Trade deals stood at 94,713 with volume of

DHAKA: bKash handed over Tk. 100,000 to Mushanna Jahan, the winner of the Facebook based photo competition named ‘bKash Smile Contest’. On behalf of bKash, Chief Commercial Officer Rezaul Hossain handed over the prize in a programme in the city. Asif Ahmed, Head of Marketing, bKash

DHAKA: Bangladesh Ambassador to USA Akramul Qader urged the expatriate business community to promote trade and investment in Bangladesh on the occasion of 10th Anniversary of Bangladesh Chamber of Commerce in Dallas, Texas. He came up with the assertion to the expatriate business