World Bank president Jim Yong Kim arrived here on Sunday on a two-day visit.
Category: Business
Views-exchange meeting of CSBIB with Faqih members held
Dhaka-Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) organized a Views-Exchange Meeting with Faqih Members of Shariah Supervisory Committees/Councils of banks and financial institutions providing Islamic banking services in the country at Mohammad Younus Auditorium of Islami Bank Tower,…
Tannery relocation to Savar must by Dec 30: Amu
Savar: Industries Minister Amir Hossain Amu on Sunday said the gas and power connections to Hazaribagh tannery industries will be snapped if those are not relocated to Savar from the capital by December 30 next. UNB News Agency Reported.
Dhaka ‘formally joins’ Beijing ‘Road and Belt Initiative’
Dhaka – Bangladesh has formally joined Chinese President Xi Jinping’s ‘Road and Belt Initiative’, a drive which has already drawn the close attention of the world. During the just-concluded historic visit of Xi, Bangladesh and China signed a document of…
PM flies to Goa to join Brics-Bimstec Outreach Summit
Dhaka – Prime Minister Sheikh Hasina left for Goa on Sunday morning to attend the Brics-Bimstec Outreach Summit which the host country India considers as a ‘significant’ event, UNB news agency reported. The Prime Minister along with her entourage left…
Global tourist arrivals record 1.2 billion in 2015
-By Raquib Siddiqi International tourist arrivals grew by 4.4 per cent in 2015 to reach a total of 1,184 million in 2015, according to the latest UNWTO World Tourism Barometer. Some 50 million more tourists (overnight visitors) travelled to international…
BD is interested to join India-Myanmar-Thailand highway
Dhaka-Bangladesh ‘wants to join’ India-Myanmar-Thailand (IMT) trilateral highway to boost regional connectivity for greater economic gains.
Xi unveils over US$ 24bn investment in Bangladesh
Dhaka – Bangladesh and China on Friday signed loans and investment deals worth over US$ 24 billion with Chinese President Xi Jinping saying the Bangladesh-China relations are now at ‘new historical’ turning point and heading towards a ‘promising future’. The…
Highest remittance came from KSA in July-September
Dhaka-The expatriate Bangladeshis working in Saudi Arabia sent the highest amount of US$ 600.51 million remittance during the July-September period of the current fiscal year.
Xi sees scope for expanding ties, assures boosting BD exports
Dhaka – Chinese President Xi Jinping on Friday said there is ample scope to expand ties between Bangladesh and China in the areas of economic, trade, agriculture and industrial sectors.He also assured of considering the matter of increasing Bangladesh’s export…
President seeks duty, quota-free entry of products to China
DHAKA- President Abdul Hamid has sought duty-free and quota-free entry of all Bangladeshi products into the Chinese market to address the current trade imbalance.”We would request you to allow all Bangladeshi products duty-free and quota-free entry into the Chinese market…
Xi sees scope for expanding ties; assures steps for boosting BD exports
Dhaka: Chinese President Xi Jinpin on Friday said there is ample scope to expand ties between Bangladesh and China in the areas of economic, trade, agriculture and industrial sectors. He also assured of considering the matter of increasing Bangladesh’s export…
Beijing considers Dhaka important partner: Xi
Chinese President Xi Jinping, now on a historic 22-hour state visit to Dhaka, has said China considers Bangladesh as an important partner in South Asia and the Indian Ocean region.“We’re ready to work with the Bangladeshi side to further deepen…
Note 7 recall costing Samsung at least $5.3 billion
South Korea (AP/UNB) — Samsung Electronics said Friday that the discontinuation of the Galaxy Note 7 would cost the company about $3 billion during the current and next quarters, bringing the total cost of the recall to at least $5.3…
China tops US in numbers of billionaires
China’s annual rich list has indicated that, once again, the country has more dollar billionaires than the US, and the gap is widening. Property magnate Wang Jianlin of Dalian Wanda tops the list of 594 billionaires in the country, ahead…
Restricted traffic on airport road during Chinese President’s visit
Dhaka-There will be limited vehicular movement on Airport Road from Friday morning to Saturday morning to ensure the foolproof security during Chinese President Xi Jinping’s visit.
PM flies to Goa Sunday to join BRICS-BIMSTEC Summit
Dhaka: Prime Minister Sheikh Hasina leaves here for Goa, India on Sunday on a two-day official visit to attend the BRICS-BIMSTEC Outreach Summit. During the visit, she will also have meetings with some world leaders, including Russian President Vladimir Putin…
Emboldened by BB hackers, new group targets SWIFT users
Dan Goodin Malicious tools can cause infected computers to self destruct. A few months after hackers broke into Bangladesh’s central bank and came close to getting away with $1 billion (~£800M), researchers have uncovered evidence that a separate hacking group…
Inclusive growth and job creation through trade
Colombo/Geneva – The 16th World Export Development Forum (WEDF) was today opened by President Maithripala Sirisena in Colombo, Sri Lanka. Welcoming the more than 600 delegates attending the WEDF opening ceremony at the Bandaranaike Memorial International Conference Hall.
Bangladesh’s Sonali bank fined £3.3m in UK
Dhaka – The UK operations of Bangladesh’s biggest bank, Sonali Bank, have been banned from accepting deposits from any new customers for 24 weeks. The Financial Conduct Authority (FCA) said the bank had failed to put anti-money laundering controls in…
Businessman Manzur Elahi arrested for ‘militant financing’
Dhaka – Rapid Action Battalion (RAB) today arrested a businessman, Manzur Elahi, from city’s Uttara last night for financing militant outfit Shaheed Hamza Brigade, official news agency BSS reported on Wednesday.
5 BRTC buses gutted in fire at Chittagong depot
Chittagong: Five buses were gutted as a fire broke out at a depot of Bangladesh Road Transport Corporation (BRTC) at Baluchhara in Hathazari upazila in the district early Wednesday. Enamul Hoque, senior station officer of Bayezid Fire Service and Civil…
‘Australia best equipped in Asia-Pacific against illicit trade’
Dhaka – Australia has the best environment for preventing illicit trade, according to The Illicit Trade Environment Index released today by The Economist Intelligence Unit. The Index, sponsored by the European Chamber of Commerce, Singapore, looks at 17 Asian economies.…
US-Bangla gets Boeings to connect more int’l destinations
Dhaka – The first Boeing 737-800 aircraft joined the fleet of US-Bangla Airlines today creating a new milestone as an aviation company of Bangladesh.
Asia markets boosted by energy rally, Samsung tumbles
Dhaka – Energy shares led a rally in Asian stock markets Tuesday after Russia said it would join OPEC in limiting oil output, but Samsung tumbled after it called an unprecedented halt to sales of its troubled Galaxy Note 7…
Samsung halts sales of Galaxy Note 7 after new troubles
San Francisco (AP/UNB) — Samsung said it is halting sales of the star-crossed Galaxy Note 7 smartphone after a spate of fires involving new devices that were supposed to be safe replacements for recalled models. Separately, South Korean safety authorities…
Samsung reportedly just stopped production on Galaxy Note 7
Samsung has temporarily halted production of the Galaxy Note 7 smartphone, reports South Korean news agency Yonhap, citing a source.
Bangladesh visa offices, immigration driving tourists away
Raquib Siddiqi Dhaka: The government of Bangladesh has declared current 2016 as visit Bangladesh year, to kick start development of tourism in the country and attract one million tourists. But two key government agencies—visa offices aboard and immigration at land…
Returning to investment
Richard Kozul-Wright Geneva – At the G20 summit last month in Hangzhou, China, world leaders outlined an ambitious plan for a “new era of global growth.” But they left out a key ingredient: fixing the investment climate. Conventional wisdom holds…
IBBL MD honoured with Sardar Patel Award in Gujarat
Dhaka – Mohammad Abdul Mannan, Managing Director & CEO of Islami Bank Bangladesh Limited has received the Sardar Patel award 2016 from Her Highness Rajmata Shubhangini Raje Gaekwad, the Chancellor of The Maharaja Sayajirao University of Baroda, India.