Speakers, including human rights activists, lawyers and professionals,at a meeting here have stressed for creating and ensuring job opportunities for the physically challenged people to make them self-reliant.
Category: Business
Asian stocks mixed as Mideast worries linger, oil eases
Asian stocks were mixed on Friday as rising tensions in the Middle East obscured the investment outlook, while the dollar rebounded.
1pc surcharge on mobile phone usage in offing
A new law has got the Cabinet’s final approval for imposition of a one percent surcharge on mobile phone usage. The Development Surcharge and Levy Act 2015 was cleared in Monday’s regular Cabinet meeting chaired by Prime Minister Sheikh Hasina.…
HRW appeals to German apparel brands to ensure worker rights in producing countries like Bangladesh
German apparel and footwear brands should promote workers’ rights in their global operations by publicly disclosing the factories producing their products, says Human Rights Watch.
Germanwings plane pilot ‘hid an Illness from his employers’
By Sally Hayden Prosecutors have claimed that Germanwings co-pilot Andreas Lubitz, who is thought to have deliberately caused the plane crash that killed 150 people on Tuesday, was concealing the details of an illness from his employers. The German investigators…
Brands told to honour words to Rana Plaza victims
With just one month left for the second anniversary of the Rana Plaza disaster, several organisations negotiating compensation for its victims are reminding brands to stick to their commitments of donating to the victims of the garment industry’s deadliest disaster.…
Businessmen expect sharp rise in bicycle exports
Bangladesh is currently the fifth top bicycle exporter to Europe, though it was itself an importer a decade back.
Banks in Dhaka, Chittagong open on Friday, Saturday for city polls deposits
The central bank has asked all banks to keep open their branches in Dhaka and Chittagong next weekend to facilitate submission of deposits by candidates in the city corporation polls.
IBBL-SSL Wireless launch online payment services
Islami Bank Bangladesh Limited with the technical support of mobile-based service provider SSL Wireless launched online payment service through internet and mobile banking. The service was inaugurated at Islami Bank Tower in the city on Tuesday, said a press release.
Oil drops as Saudi output nears record, China demand worries drag
Oil prices dropped on Tuesday after activity in China’s factory sector fell to an 11-month low and as Saudi Arabia said its production was close to an all-time high.
Prof Yunus’ Gift Tax issue
Professor Yunus receives very high fees for speaking at international conferences. At many places, audiences purchase tickets to hear him speak. Several books written by him have been translated into 25 languages around the world. His books have been included…
Role of private sector in disaster preparedness
Dr Atiur Rahman Both the public and the private sector have the responsibility to make their services more humane, and respond to any disaster or human losses as part of their social responsibilities. Recognising that without embracing the disadvantaged population segments into…
11 shops in Laxmipur fined Tk. 70,000
A mobile court has realized Taka 70,000 as fine from 11 business establishments for selling date expired medicines and food in unhygienic conditions in the district town here on Sunday.
Hard to reach $100-120 oil again: Saudi Arabia’s OPEC governor
Saudi Arabia’s OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.
BASIC Bank will operate as a scheduled bank from now: Bangladesh Bank
State-owned BASIC Bank will operate as a scheduled bank from now on rather than a specialised one, says Bangladesh Bank.
Khaleda summoned in son late Koko’s loan default case
A Dhaka court on Sunday summoned BNP Chairperson Khaleda Zia, late Arafat Rahman Koko’s wife and his two minor daughters to appear to the court in the case filed for the default loan of Dandy Dying Limited on April 12.…
IBBL Board suggests 15 pc dividend for 2014
The Board of Directors of Islami Bank Bangladesh Limited (IBBL) has recommended a 15 percent cash dividend for the shareholders for the year 2014 subject to approval at the 32nd Annual General Meeting of the bank. This was decided in…
India owes Iran $8.8 billion for oil: Trade Minister
India owes about $8.8 billion for oil imports from Iran, India’s trade minister said on Friday, as economic sanctions imposed over Tehran’s nuclear programme have cut its access to the global banking system and hit its oil revenue.
World Bank approves new interest-free loan for Bangladesh
The World Bank board has approved $200 million “interest-free” loan to Bangladesh to execute livelihood projects.
IBBL Shariah Supervisory Committee meeting held
A meeting of the Shari’ah Supervisory Committee of Islami Bank Bangladesh Limited was held on Thursday at Islami Bank Tower. Sayeed Ahmad, Vice Chairman of the Committee and Mufti of Al Jamiatus Siddikiah Darul Ulum (Madrasha-e-Furfura Sharif) presided over the…
Difficult for EU to stop sourcing garments from Bangladesh: Trade adviser
A European Union trade adviser in Dhaka says they are heavily dependent on Bangladesh’s readymade products and a shift from this market is “not very easy”.
Swedish business delegation in Dhaka to explore investment prospects
The visit assumes significance as it comes at a time when even local businesses are getting nervous about losing potential investors due to ongoing political impasse in Bangladesh.
Tk 35.74 billion savings certificates sales smash record for a single month
The government no more requires borrowing from the banks to offset budget deficit after a record amount of savings certificates were sold in January.
Dhaka keen to do business with India: Industries Minister Amu
Dhaka has reiterated its enthusiasm to do business with New Delhi.
Difficult for EU to stop sourcing garments from Bangladesh: Trade adviser
A European Union trade adviser in Dhaka says they are heavily dependent on Bangladesh’s readymade products and a shift from this market is “not very easy”.
Difficult for EU to stop sourcing garments from Bangladesh: Trade adviser
A European Union trade adviser in Dhaka says they are heavily dependent on Bangladesh’s readymade products and a shift from this market is “not very easy”.
Key stock index hit over 6-month low
The key index of Dhaka Stock Exchange (DSE) hit six and half months low at 4585.72 on Wednesday, losing 63.57 points or over 1.36 percent to close the session in solid red.
Growing food trade, shrinking self-sufficiency
Washington, DC – As society reaches the limits of available farmland and accessible irrigation water, many countries have turned to international markets to help meet domestic food demand. Imports of grain worldwide have increased more than fivefold between 1960 and 2013. However, importing…
Maize farming makes scores of growers happy in Rajshahi
By dint of its gradually increasing demand and lucrative market price, scores of growers have become happy over the maize farming both in rabi and kharip seasons in Rajshahi region, especially Barind tract and Chalan Beel areas.
IMF Mission conducts research seminar at BB
The members of the IMF Mission presented several research papers on lending rates in Bangladesh, trade elasticity, inflation and economic activities in Bangladesh on March 9, 2015 at Bangladesh Bank Head Office. Chief Economist’s Unit of Bangladesh Bank organized the…