China said Friday it opposes the release of a WTO report about its export curbs on rare earths — exotic minerals used in mobile phones and other high-tech products — following news accounts that the document rejects Beijing’s policy as a trade…
Category: Business
Speakers call for garment workers safety
Speakers at a certificate award ceremony emphasised ensuring workplace safety to regain the image of the country’s ready-made garment (RMG) industry that has been tarnished following a series of tragic incidents recently.
IBBL MD speaks at global conference in India
Islami Bank Bangladesh Limited (IBBL) Managing Director Mohammad Abdul Mannan attended as the key speaker a three-day global conference titled “FIPS DELHI 2013” held recently in the Indian capital.
Lighterage vessel sinks at Ctg
A lighterage vessel sank in the channel leading to the Chittagong port on Thursday after it was hit by an oil-tanker.
2-week exhibition on jute products begins Friday in city
A two-week exhibition, titled ‘Exotic Jute II’ showcasing diversified jute products will begin on Friday in the city aiming to raise awareness for a clean, green yet stylish nation and also contribute to the revival process of the jute industry…
Lankan firm to set up 52MW power plant in Comilla
Lakthanavi Power, a Sri Lankan firm, will set up a 52-MW dual-fuel power plant at Jangalia in Commilla from which the government will buy electricity for the national grid.
Robi announces launch of 3.5G services
Private mobile phone operator Robi has officially announced the launch of 3.5G services for its customers in selected areas of Dhaka, Chittagong and Sylhet.
IPFF disburses US$ 20mn for power project
Investment Promotion and Financing Facility (IPFF) has disbursed US$ 20 million from its on-lending component to M/S Baraka Patenga Power Limited at Patenga in Chittagong.
Record 12.81-lakh tonnes wheat production target fixed
The government has fixed an all-time record target of producing 12.81 lakh tonnes of wheat from 4.20 lakh hectares land during the current Rabi season throughout the country, officials sources said Tuesday.
95pc Nordic companies mull expanding business in BD: Survey
Around 95 percent Nordic companies doing business in Bangladesh are contemplating to increase their activities in the country in the coming three-year period, said a recent survey.
Discussion on Women in RMG to be held on Wednesday
A daylong consultation on ‘the Women in the Readymade Garment (RMG) Sector of Bangladesh’ will be held in the capital on Wednesday aiming to identifying various challenges of women facing in everyday life in the garment factories.
Deep-sea block bid submission deadline now Jan 12
State-owned Petrobangla has finally announced a new schedule for the aspirant international oil companies (IOCs) submitting bids for three deep-sea blocks under revised terms and conditions.
JS body formed to probe Ctg Port irregularities
A parliamentary watchdog on Monday formed a four-member subcommittee to look into the alleged corruption in procuring three ships and an ambulance and other irregularities by Chittagong Port Authority (CPA).
Aman rice production may exceed target by 2 lakh tonnes
The overall production of Transplanted Aman (T-Aman) rice may exceed the fixed production target by two-lakh tonnes this season in the northern region, officials and experts predicted Monday.
Markets up on dialogue prospects
Buoyed by possibilities of a dialogue between Bangladesh’s battling coalitions, the index in both Dhaka and Chittagong Stock exchange moved upwards on Sunday.
‘Professional skill must for success in banking sector’
Speakers asked the newly recruited bankers to gain professional skill as it is inevitable for attaining success in the banking sector for overall socio-economic development of the region.
GP profits soar GP’s third quarter profit has risen by 82%, but the corporate behemoth reported a 16% decrease of cumulative profit over the last nine months.
GP profits soar GP’s third quarter profit has risen by 82%, but the corporate behemoth reported a 16% decrease of cumulative profit over the last nine months. “But the company’s performance in the next quarter is uncertain primarily because of…
Agro-processing enterprises prospects bright in Rajshahi region
Prospects of agro-processing enterprises is bright in the Rajshahi region as it produces surplus crops especially food-grains, fruits and vegetables, business leaders, bankers, agronomists and researchers reveal.
Malayasia offers a chance to legalise 30,000 Bangladeshi expatriates
As many as 30,000 Bangladeshi expatriates are likely to be legalised as the Malaysian government has offered an opportunity to illegal expatriates.
Remittance inflow to B’desh $799.6mn in 18 days of Oct ‘13
The inward remittance flow to the country during the first 18 days of the current month showed an encouraging sign, totaling US$ 799.60 million till October 18.
Social scrapbooking site Pinterest valued at $3.8bn
Social networking site Pinterest has seen its value jump by more than 50% to $3.8bn (£2.3bn) following its latest round of fundraising.
Sugarcane cultivation gaining popularity in Narsingdi
Sugarcane cultivation has gaining popularity in Narisngdi district due to higher economic prospect of the crop.
Muhith believes Cabinet Purchase body can sit until mid-Nov
Finance Minister AMA Muhith on Wednesday said that the government’s two highest policymaking bodies – Cabinet Purchase Committee and Cabinet Economic Affairs Committee – can hold their meetings until middle of November.
Savar factory collapse victims no closer to recovery
Six months after the garment factory disaster at Rana Plaza in Savar, victims of the deadly building collapse are still awaiting compensation and suffering debilitating physical and psychological injuries that have prevented the vast majority of them from returning to…
Taken plan to construct bridge over Teesta in Gaibandha
The government has taken up a plan to construct a much need bridge over the Teesta River to ease the road communication system between Kurigram and Gaibandha districts including Lalmonirhat.
Farmers switch to cereals from paddy in Barind
In the wake of adverse impact of climate change, farmers have started switching to cereals from paddy with new technology and seed in the vast barind tract.
BB Governor calls for green investment
Bangladesh Bank Governor Dr Atiur Rahman on Tuesday laid emphasis on green investment as Bangladesh is now on countrywide large scale sprees of residential, commercial, and public utilities building construction, involving massive total outlays.
Muhith for preventing accidents in RMG sector for stable growth
Finance Minister AMA Muhith on Tuesday said all the stakeholders in the readymade garment (RMG) sector must focus on preventing accidents and protecting lives of workers and help the vital industry grow and prosper further.
China offers 600mn RMB for dev projects in Bangladesh
China will provide 600 million RMB as development assistance for Bangladesh next year, Chinese Foreign Minister Wang Yi has said.
ILO to launch prog to improve factory safety
The International Labour Organization (ILO) and the government of Bangladesh will launch a new programme on Tuesday, aiming to improve workplace conditions in Bangladesh’s readymade garment (RMG) sector.