Voicing concern over the suspension of carrying cargo on direct flights from Dhaka to the UK by the British government, BGMEA leaders on Thursday urged the government to initiate an immediate government-level negotiation to have the restriction relaxed. President of…
Bangladesh and European Union (EU) Business Council in Bangladesh will jointly organise “EU –Bangladesh business climate dialogue” to discuss business barrier and devise solutions to the hindrances. The dialogue will be held on May 12 in Dhaka, Commerce Minister Tofail…
The UK government will not allow cargo on direct flights from Dhaka until further notice.In a web post dated Mar 8, it said that their recent assessments of the Shahjajal International Airport found some international security requirements were not being…
Continuous losses in the poultry business leads local poultry farmers to utter despair because of unusual price hike of the poultry feed and day old chicks (DOC) in the country. The perpetual losses in the poultry business for the last…
Dhaka – A cargo aircraft of private True Air crashed while taking off with cargo from Cox’s Bazaar Airport at about half past 9 on Wednesday morning killing at least three crew member and injuring at least another, according to…
Giovanni Ortolani Communities in flood-prone areas often do not have access to information about flood forecasting. As a result, they do not have sufficient time to evacuate and put their cattle and belongings in a safe area. The new Community-Based…
Dhaka and New Delhi will sign the final agreement on a $2 billion (about Tk 160 billion) credit from India on Wednesday.The signing of the Line of Credit (LOC) deal will take place at the NEC Auditorium in Dhaka at…
Bangladesh Bank released a statement on Monday to the media on Monday, saying its Financial Intelligence Unit is working with the Anti-Money Laundering Council (AMLC) of the Philippines to recover the rest of the funds. But the central bank did…
Dhaka – Bangladesh Bank governor Dr. Atiur Rahman on Sunday said that money laundering is the biggest crime in the financial sector. “If money laundering is not checked, it would affect the financial stability of the country”, he said while…
The World Bank has appointed Qimiao Fan as the new Country Director for Bangladesh.A Chinese national, Fan was the country director for Belarus, Moldova and Ukraine before this new appointment.The Dhaka office of the global lender said he would start…
Islami Bank Bangladesh Limited and Remittance service provider Ria Financial Services jointly organized a training on Remittance Operation System on March 6, 2016, Sunday at Muhammad Younus Auditorium of Islami Bank Tower.
Court Correspondent The Chief Metropolitan Magistrate (CMM) Court of Dhaka on Sunday afternoon granted fresh remand for four days to quiz a foreigner and three officials of City Bank in connection with their suspected involvement in a ATM card scam.
Bangladesh’s exports rose 13.6 per cent in February from a year earlier to $2.85 billion, boosted by stronger sales of garments, official data showed on Sunday.Exports for July to February, the first eight months of the country’s 2015-16 financial year,…
Emirates and Russian carrier S7 Airlines, have announced an enhanced partnership in Moscow recently which is set to improve connectivity and benefits for customers across Russia. Emirates and S7 Airlines have been in an interline partnership since 2003 which was…
Dhaka – With increasing digitization and automation of the financial sector, cyber security threats have increased in sophistication with organized crime and state-level actors deploying targeted attacks. Bangladesh remains vulnerable to cyber-attacks because traditional cyber defenses such as anti-virus software…
Central Shariah Board for Islamic Banks of Bangladesh organized a daylong workshop on Islamic Banking for Shariah auditors at Mohammad Younus Auditorium of Islami Bank Tower on March 5, 2016. Engineer Mustafa Anwar, Chairman, Islamic Banks Consultative Forum (IBCF) and…
Experts at a roundtable on Saturday stressed the need for reducing the prices of medicine and lowering the tax to import the machineries related to detection and providing treatment to critical diseases. They also urged the government to take step…
Crude futures rose in Asian trade on Friday, buoyed by renewed optimism prices may have bottomed out after official US data showed oil production fell to its lowest level since November 2014.Brent futures had risen 18 cents to $37.25 a…
Dhaka – Bill Gates topped the list of the world’s richest billionaires for the 17th time in 22 years, it has been revealed. Though the 60-year-old Microsoft head is $4.2billion poorer than 2015, his net worth of $75billion has put…
Bangladesh ICT Expo 2016 is going to start on Thursday at Bangabandhu International Conference Centre.ICT State Minister Zunaid Ahmed Palak briefed the media on Tuesday about the exhibition of information and communication technology products.The expo will remain open for all…
STAFF REPORTER The Appellate Division of the Supreme Court yesterday passed no order on an appeal against a High Court verdict that declared illegal the BSEC decision to dissolve the AIMS First Guaranteed and Grameen One closed-end mutual funds.
Deputy Governor of Bangladesh Bank (BB) SK Sur Chowdhury has emphasised on strengthening water and energy efficiency investment for achieving sustainable development. “….mechanisms to capture the opportunities for water and energy efficiency investments need to be created or strengthened,” the…
India is all set to issue multi-city, multiple-entry business visa to businessmen of SAARC nations including Pakistan, from April 1, reports Times of India.The business visa, to be called ‘India Business Card’ is expected to be granted for up to…
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on February 27, 2016, Saturday at the Board Room of Islami Bank Tower.
The International Monetary Fund (IMF) has said the global economy has weakened further and warned it was “highly vulnerable to adverse shocks”. It said the weakening had come “amid increasing financial turbulence and falling asset prices”. The IMF’s report comes…
By Kim Yen White Understanding what is out there is the first step to the most fulfilling vacation you could ever take. Here’s what you need to know. Leisure travel is one of the behemoths of the service industry which,…
Sylhet’s rail communication with other parts of the country has remained snapped since early hours of Thursday as a huge mass of soil, under the rail track, was washed away by rainwater at Vanugach in Srimangal upazila of Moulvibazar.
Al-hajj Abul Quasem, sponsor director of Islami Bank Bangladesh Limited was died at 9.30 am on February 24, 2016, Wednesday at a hospital in Dhaka. (Inna lilahi wa inna ilaihi raziun). He was 90. He left behind three sons, six…
By Caesar D’Mello Tourism is instinctively taken as a given by most as an undoubtedly good enterprise. So its advocates would consider that subjecting this popular activity to scrutiny is uncalled for. Tourism’s presence is worldwide, including strikingly in the…
Singapore – Forbes Travel Guide today unveiled its 58th list of worldwide Star Rating recipients, including 42 new Five-Star hotels, 101 new Four-Star hotels and 57 new hotels in the Recommended category. Forbes Travel Guide now rates properties in 29…