Traffic is almost at a standstill on a 35-km stretch from Gazipur’s Chandna intersection to Tangail’s Gorhai. Meanwhile, movement of vehicles is also very slow on the 21-km stretch between Gazipur’s Chandra to Nabinagar.
Category: Business
US Asstt Scy Delaney, envoy Bernicat say Bd has not met all GSP conditions
The government may claim it has fulfilled the 16-point action plan Washington rolled out two years back, but Bangladesh appears a long way off getting back preferential trade benefits in the US market under GSP facility. Visiting Assistant US Trade…
In Metro, life in a metro
Sudhirendar Sharma No sooner had I blessed myself for being first in the queue, and had dug myself into reading a noted historian’s much-talked about interview on ‘past is present’, my ‘present’ was shattered by a middle-age intruder who had…
BB received 495 complains against banking system in August
Bangladesh Bank disposed of some 495 complaints, out of a total of 496 received from bank customers in August this year.
US assistant secretary Delany, Ambassador Bernicat say Bangladesh has not met all GSP conditions
The government may claim it has fulfilled the 16-point action plan Washington rolled out two years back, but Bangladesh appears a long way off getting back preferential trade benefits in the US market under GSP facility. Visiting Assistant US Trade…
ACC starts 18 cases against state-run BASIC Bank
The Anti-Corruption Commission has started 18 cases against state-run BASIC Bank on charges of irregularities and corruption. Eight of those were lodged with Gulshan police, five with Motijheel police and a further five with Paltan police on Monday evening, ACC…
Yunus ranked 3rd at Salt Magazine’s Top Business Leaders
A new publication called Salt, published from United Kingdom (UK) motivated by the hope that businesses will play a key role in shaping a better world, has released its first Top 100 Compassionate Leaders List.
Traders want rawhide prices lowered
Bangladeshi traders say they want rawhide prices lowered this year, as animal skin has become cheaper in the international market. This year’s rawhide prices will be fixed at a meeting on Wednesday. Bangladesh Tanners Association President Shaheen Ahmed said they…
Ruling party cadres occupy cattle markers: Bnp
BNP yesterday alleged that the ruling party cadres occupied cattle markets in the city and they are realising tolls whimsically at rates higher than in the past. “The cattle markets in the city were leased to leaders of the ruling…
High Court stays VAT on aviation charges for six months
The High Court has stayed for six months the VAT imposed on various services avail by the airlines operators. The bench of Justice Shamim Hasnain and Justice Mohammad Ullah issued the order recently after hearing two writ petitions. It also…
Bnp blames Govt for reducing Indian goods transhipment fees
BNP on Saturday alleged that the government, sidetracking the National Board of Revenue (NBR), has unilaterally reduced the customs fee to Tk 580 from Tk 1,000 for transit or transhipment of each tonne of Indian goods through Bangladesh. Addressing a…
‘Bangladesh Bank to mobilise $7b for infrastructure dev’
Bangladesh Bank Governor Dr Atiur Rahman on Saturday said the central bank will mobilise a $7-billion fund for the country’s infrastructure development to accelerate the GDP growth from 6 percent to 8 percent, aiming to fulfill the nation’s dream of…
Royal Tulip Seapearl Beach 5-star Hotel in Coxs Bazar
Cox’s Bazaar : Coxsbazar is the longest sandy sea beach in the world enriched with the natural beauties. Innai and Himchari are the two attractive points for tourists where a number of accommodation units are located. Inani is kilometers away…
Traders concerned for failing to meet demands of raw hide
Tannery owners, worried about preserving raw hides made available during Eid-ul-Azha sacrifice due to hot weather, also fear a sharp drop due to Indian restrictions on cow smuggling. Hides of animals sacrificed during Eid meet nearly half of Bangladesh’s annual…
Volkswagen to recall 500,000 pollution-hiding cars in US
German carmaker Volkswagen has been ordered by US regulators to recall half a million cars because of a device that disguises pollution levels. The “defeat device” allows cars to pass lab testing even though they actually emit 40 times the…
Bangladesh Bank launches 2nd five-year strategic plan Saturday
Bangladesh Bank (BB) is going to launch its second five-year Strategic Plan 2015-2019 on Saturday. The launching ceremony will be held at AKN Ahmed Auditorium of Bangladesh Bank Training Academy (BBTA) at Mirpur-2 at 10:30am. Governor of the central bank…
Norway tightens mobile network regulation to boost competition
Norway’s telecoms regulator will impose tighter regulations of the price top operator Telenor is allowed to charge other companies for using its mobile phone network, the Norwegian Communications Authority (NKOM) said on Thursday. Telenor has a market share of just…
1666 projects approved at 116th social business design lab
The 116th Social Business Design Lab organized by Yunus Centre took place today on 17th September 2015 at the Grameen Bank Auditorium. Around 150 participants and observers, from national and international organizations with diverse background attended the program, including a…
Bangladesh Bank orders sufficient money in ATMs during Eid holidays
Bangladesh Bank has asked all banks in Bangladesh to keep sufficient money at their ATM booths during the Eid-ul-Azha holidays. In a circular on Tuesday, it asked the banks to ensure security for uninterrupted financial transactions at the booths. The…
Dhaka plans Indistrial Zone for China in Chittagong area
Dhaka – Bangladesh’s National Economic Council (Ecnec) on Tuesday approved the proposed Chinese Economic & Industrial Zone to be set up on 774.25 acres of land at Anwara, Chittagong involving Tk 420.37 crore exclusively for Chinese investors. The approval was…
Malaysia mulls officially declaring Bangladesh ‘source country’ for labour import
Malaysia plans to officially declare Bangladesh a “source country for importing labour”, the visiting secretary general of Malaysia’s ministry of human resources has said. Haji Saripuddin Bin Haji told Foreign Minister Abul Hassan Mahmood Ali of the plan on Monday.…
Eid-ul-Azha holiday at clothing factories in phases from Sep 21
The government has asked the garment factories to announce Eid-ul-Azha holiday from Sep 21 in phases in order to ease travel hassles. The order was issued in a meeting of the home ministry with representatives of police and business leaders…
CNG refuelling stations to operate round the clock for 7 days during Eid
CNG-refuelling stations will remain open round the clock for seven days during Eid, the government has said. Roads Transport Minister Obaidul Quader said on Sunday the extended facility would be available for three days before and after Eid. The mandatory…
Bangladesh Roadshow in UK begins to woo foreign investment
Bangladesh Roadshow UK 2015 has got underway at London’s Winter Garden Canary Wharf in a bid to attract foreign investment. The two-day event started on Thursday with the welcome address from Bangladesh’s High Commissioner to the UK Md Abdul Hannan. India and…
Oil falls more than 2 percent after Goldman cuts forecasts
Oil prices fell more than 2 percent on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit. Joining a long…
Motor transport fares increased in Dhaka, Chittagong cities
The government has increased the fare of CNG-run buses, minibuses and auto-rickshaws in Dhaka and Chittagong city corporation areas which will be effective from October 1, while the revised fares for auto-rickshaws will be effective from November 1 this year.…
NBR tells banks to provide details of KPPL, owner SM Amzad Hossain
The National Board of Revenue (NBR) has sought banking details of Khulna Packaging and Printing Ltd (KPPL) and its owner SM Amzad Hossain. The tax authority has also told banks to provide transaction details of Hossain’s wife Sufia Amzad and…
Xpress Money, IBBL launches Eid offer
Xpress Money, one of the world’s most dependable money transfer brands, has launched a Mega Consumer Promotion in association with its partner Islami Bank Bangladesh Limited in Bangladesh. This is one of Xpress Money’s largest consumer promotions launched this year.…
IBBL organises orientation for probationary officers
Islami Bank Bangladesh Limited organised an orientation program on September 7 Monday at Mohammad Younus Auditorium of Islami Bank Tower on on the occasion of joining of newly recruited probationary officers. Mohammad Abdul Mannan, Managing Director of the Bank was…
Ctg Stock Exchange Index revised as per performance
Dhaka – The CSE-30 index has been revised on the basis of performance of the CSE-listed companies. The new index will be effective from September 20.. CSE 30 index is reviewed twice in a year, says a press release on…