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Category: Business

NYC airport becomes scene of anguish after Trump travel ban

January 29, 2017 editorInt’l relations, Lead 2, Migration, Tourism

New York, Jan 29 (AP/UNB)— New York City’s Kennedy airport became a scene of anguish and desperation Saturday for the families of people detained after arriving in the U.S. from nations subject to President Donald Trump’s travel ban.

NYC airport becomes scene of anguish after Trump travel ban

BB to unveil 2nd half yearly monetary policy Sunday

January 28, 2017 Staff ReporterBanking, Governance, News, Planning

Dhaka – Bangladesh Bank will unveil its 2nd half yearly (January-July) monetary policy statement (MPS) of the current fiscal year on Sunday. There will be a plan in the new policy to continue support towards achieving GDP growth target set…

BB to unveil 2nd half yearly monetary policy Sunday

Bangladesh likely to get fresh Indian loan under 3rd LoC

January 27, 2017 Staff ReporterFinance, Int’l relations, Nation, Transportation

Dhaka – India is likely to provide credit assistance to Bangladesh under its fresh 3rd Line of Credit (LoC) as the government has so far identified eight projects following the Indian government’s request.

Bangladesh likely to get fresh Indian loan under 3rd LoC

Mexican president cancels planned DC meeting with Trump

January 27, 2017 editorInt’l relations, Lead 2, Trade

Mexico City, Jan 27 (AP/UNB) — Mexican President Enrique Pena Nieto canceled a planned Tuesday meeting with President Donald J. Trump on Thursday, signaling a remarkable souring of relations between Washington and one of its most important international partners just…

Mexican president cancels planned DC meeting with Trump

Trump proposes 20% import tax, triggers row with Mexico

January 27, 2017 editorInt’l relations, Lead News, Politics, Trade

Washington, Jan 27 (AP/UNB) — Determined to wall off America’s border with Mexico, President Donald Trump triggered a diplomatic clash and a fresh fight over trade Thursday as the White House proposed a 20 percent tax on imports from the…

Trump proposes 20% import tax triggers row with Mexico

PM blasts Dr Yunus in Jatiyo Shangsad

January 26, 2017 Staff ReporterBanking, Governance, Last update, News, Politics

Dhaka – Without naming him, Prime Minister Sheikh Hasina on Wednesday told Parliament that former Grameen Bank Managing Director Dr Muhammad Yunus had lobbied World Bank with the help of Hillary Clinton to stop the funding for the Padma Bridge…

PM blasts Dr Yunus in Jatiyo Shangsad

Thai Food fesrtival at Amari Dhaka from Thursday

January 26, 2017 editorFood & nutrition, Tourism

Dhaka – Amari Dhaka has recently announced the launch of its Thai food festival at its signature Asian restaurant, Amaya Food Gallery. The festival starts from 26th January, 2017, and will continue till the 5 th February, 2017. Standard Chartered…

Thai Food fesrtival at Amari Dhaka from Thursday

Wales Bangladesh Chamber of Commerce team in Dhaka

January 25, 2017 editorInt’l relations, Last update, Trade

Dhaka, Jan 24 – A delegation of Wales Bangladesh Chamber of Commerce (WBCC) is now in the city on their third trade visit to Bangladesh to continue their efforts to ‘strengthen’ trade ties with Bangladesh, and highlight commercial opportunities presented…

Wales Bangladesh Chamber of Commerce team in Dhaka

20 Malaysian firms to invest in BD: BMCCI

January 25, 2017January 25, 2017 Staff ReporterEnergy, Industry, Lead 2

Dhaka – President of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) Md Alamgir Jalil on Tuesday said at least 20 Malaysian companies are going to invest in Bangladesh.

20 Malaysian firms to invest in BD: BMCCI

Three-day smartphone and tab expo to begin in city January 26

January 25, 2017January 25, 2017 Staff ReporterTechnology, Trade, What’s on

Dhaka – A three-day smartphone and tab expo is going to start at Bangabandhu International Conference Center (BICC) from January 26.

Three-day smartphone and tab expo to begin in city January 26

Holcim fined for discharging cement waste into Poshur River

January 24, 2017 editorBusiness, Courts law, Pollution

Dhaka – A mobile court Tuesday fined Tk 1.5 lakh to Holcim cement factory in Mongla Port for illegally disposing waste from their factory into the Poshur river and for not printing the maximum retail price in the cement bags.

Holcim fined for discharging cement waste into Poshur River

Walton to bring latest electronic devices in 2017

January 24, 2017January 24, 2017 Staff ReporterIndustry, Innovations, Op-Ed, Technology

Dhaka – The country’s largest electronics giant Wanton is going to introduce latest technology based fridges, LED televisions, laptops and air conditioners this year.

Walton to bring latest electronic devices in 2017

Businesses world-wide commit to disruptive techs for sustainability

January 24, 2017 editorBusiness, Lead News, Technology, Think green

Disruptive technologies and digital infrastructure have the potential to solve some of the world’s most pressing risks and to transform industries. These include safeguarding the planet’s soil and water, and improving inequality and education. This is the main conclusions of…

Businesses world-wide commit to Disruptive techs for sustainability

Potential for China to join TPP

January 24, 2017 Lutfun NaharBusiness, Strategic, World News

Asia-Pacific nations on Tuesday responded to President Donald Trump’s executive order withdrawing the US from the Trans-Pacific Partnership (TPP) trade deal. Australian Trade Minister Steve Ciobo described Trump’s decision as a “great shame,” but said it was “not unexpected.” “Australia…

Potential for China's joining after US discards TPP

Two outbreaks of bird flu in poultry noted in Bangladesh

January 24, 2017January 24, 2017 editorAgriculture, Health, Industry, Lead News

Bangladesh has discovered two outbreaks of the highly contagious H5N1 bird flu virus in poultry, according to reports from the World Organisation for Animal Health (OIE) and a senior Bangladeshi health ministry official. The first case was found at a…

Two outbreaks of bird flu in poultry noted in Bangladesh

Push to save Pacific Rim trade deal as US exits TPP pact

January 24, 2017 editorInt’l relations, Strategic, Trade

Sydney, Jan 24 (AP/UNB) — Several countries expressed hope Tuesday that the Trans-Pacific Partnership could be salvaged, after President Donald Trump’s decision on a U.S. withdrawal from the trade pact left its future in serious jeopardy.

Push to save Pacific Rim trade deal after US exits TPP pact

Behrouze Ispahani passes away

January 23, 2017 Lutfun NaharBusiness, Celebrity

Mirza Ali Behrouze Ispahani, chairman of MM Ispahani Limited, a leading industrial conglomerate of the country, passed away at a city hospital on Monday. He was 66.Behrouze Ispahani, also the managing director of International Publications Limited which owns English daily…

Behrouze Ispahani passes away

After the US, far right says 2017 will be the year Europe wakes up

January 23, 2017 Lutfun NaharBusiness, Economy, Int’l relations, Politics

France’s far-right presidential candidate Marine Le Pen called on voters across Europe to “wake up” and follow the example of US and British voters.Speaking at an unprecedented meeting in Germany of Europe’s rightwing populist parties, she said Brexit would unleash…

After America 2017 would be year of Europe: Rightists

IBBL distributes winter clothes to poor people in Chandpur

January 23, 2017 editorBanking, Society

Dhaka – Islami Bank Bangladesh Limited distributed winter clothes at North Matlab area of Chandpur District. Professor Syed Ahsanul Alam, Vice Chairman of the Bank distributed winter clothes among more than one thousand people as chief guest.

IBBL distributed winter clothes to poor people in Chandpur

Stop eviction without rehabilitation: CPB

January 23, 2017 Staff ReporterConflicts, News, Politics, Resilience, Trade, Urban issues

Dhaka – Communist Party of Bangladesh (CPB) General Secretary Comrade Syed Abu Zafar Ahmed on Sunday demanded rehabilitation of hawkers before their eviction.

Stop eviction without rehabilitation: CPB

Plan to provide subsidy to LPG sector shelved

January 21, 2017January 21, 2017 Staff ReporterBusiness, Energy, Governance, Industry, Lead 1, Planning

Dhaka – The government has finally abandoned its plan to provide subsidy to LPG sector fearing that it may create new complexities and become a source of corruption, sources at the Energy Division said. UNB news agency reported

Plan to provide subsidy to LPG sector shelved

Two Biman officials on fresh remand for glitch in PM’s flight

January 18, 2017 editorCourts law, Lead 1, Tourism

Dhaka – The Chief Metropolitan Magistrate (CMM) Court of Dhaka on Wednesday placed two Biman Bangladesh Airlines officials on a five-day remand afresh in the case filed in connection with the emergency landing of the VVIP place carrying Prime Minister…

Two Biman officials on fresh remand for glitch in PM's flight

SAARC’s work is not yet over, says PM Sheikh Hasina

January 18, 2017 Lutfun NaharBusiness, Int’l relations

Prime Minister Sheikh Hasina has said that the need for South Asia Association for Regional Cooperation (SAARC) is ‘not yet over’.”The SAARC is still needed. The eight-nation regional body is very much alive and I think it can work for…

SAARC work not yet over, says Hasina

Food commodity prices fall for fifth year in a row, says FAO

January 18, 2017 editorAgriculture, Food & nutrition, Last update, Trade

Geneva (Kanaga Raja) — The prices of key food commodities fell for the fifth consecutive year in 2016, averaging 161.6 points for the year as a whole, a decline of 1.5 percent from the previous year, the UN Food and…

Food commodity prices fall for fifth year in a row: FAO

US companies in China feel ‘less welcome’

January 18, 2017 editorInt’l relations, Last update, Trade, World News

Beijing, Jan 18 (AP/UNB) — U.S. companies feel less welcome in China and some are shifting operations to other countries, a business group reported Wednesday, amid rising tension between President-elect Donald Trump and Beijing over trade.

US companies in China feel 'less welcome'

3 bankers among 9 jailed in graft case in Chittagong

January 18, 2017 editorBanking, Courts law, Districts, News

Dhaka, Jan 18 – A court in Chittagong on Tuesday sentenced three Agrani Bank officials and six businessmen to five years’ imprisonment each in a case for embezzling Tk 75 lakh.

3 bankers among 9 jailed in graft case in Chittagong

PM’s Delhi visit likely to delay further

January 18, 2017 editorDiplomacy, Lead News, Trade

AKM Moinuddin, UNB Staff Writer Dhaka, Jan 18 – Prime Minister Sheikh Hasina’s New Delhi visit might be delayed further though officials from Dhaka and New Delhi are taking necessary preparations keeping February in mind. Indicating further delay, an official…

PM’s Delhi visit likely to delay further

Three Sirajganj boiler blast victims die at Dhaka hospital

January 17, 2017 editorAccidents, Districts, Industry, Lead 1

Dhaka, Jan 17 – Three workers, including a couple, who sustained burn injuries in a boiler explosion at Shialkole village in Sirajganj Sadar upazila on January 11 died at the burn unit of Dhaka Medical College Hospital (DMCH) on Tuesday.

Three Sirajganj boiler blast victims die at Dhaka hospital

Still much needed to make BD more competitive destination: US

January 17, 2017January 18, 2017 editorIndustry, Int’l relations, Lead News

Coca-Cola to open new bottling plant with $ 75mn investment Wednesday Dhaka, Jan 17 – US Ambassador in Dhaka Marcia Bernicat on Tuesday said Bangladesh still needs to do many things to make it a more competitive destination for goods,…

Still much to be done to make BD more competitive destination: US

IBBL Internship programme

January 17, 2017 editorBanking

Professor Sayed Ahsanul Alam, Vice Chairman of Islami Bank Bangladesh Limited and other senior executives are seen among the students of internship programme on January 16, 2017, Monday at Conference Hall of Islami Bank Training and Research Academy (IBTRA).

IBBL Internship programme

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