The price of onion, ginger, green chilli and fishes is still high in the city’s kitchen markets despite abundance of supply. Of them, ginger was selling for Tk180 per kg on Friday, up by Tk 10 from last week, onion…
Category: Business
B’desh to seek WB support for energy sector
Bangladesh will seek major support from the World Bank for the power and energy sector in its meeting with the Washington-based multilateral donor agency next month.
Bangladesh, Myanmar sign deal on flight resumption
Dhaka – Bangladesh singed a bilateral agreement with Myanmar on Thursday to resume Dhaka-Yangon air connectivity after halting the air link between two neighboring countries in 2006.
Actions against salt mills failure to iodise salt
The government will take legal actions against the salt mills failing to maintain adequate iodine proportion in their salt production after August 31, said officials of Bangladesh Small and Cottage Industries Corporation (BSCIC) on Thursday.
Stocks continue fall on last day of week
The key index at the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –- witnessed marginal fall on Thursday, the last trading day of the week.
B’embassy to hold job fairs in Saudi Arabia
The Bangladesh Embassy in Saudi Arabia says it will organise job fairs in three cities in the kingdom to facilitate Bangladeshi nationals get jobs at companies.
‘Manpasha’ cucumber variety turns out to be profitable
Farmers in Jhalakathi are now showing more interest to cultivate cucumber than any other crops with the vegetable’s ‘Manpasha’ variety proved profitable.
RMG workers demand minimum wage of Taka 8000
Terming the new Labour Law a ‘weapon’ to persecute the workers, speakers at a roundtable discussion on Wednesday said the government formulated the law only to serve interests of the owners.
Oil surges past $112 a barrel on Syrian crisis
The price of oil rose surged past $112 a barrel Wednesday, as the U.S. edged closer to intervening in Syria’s civil war.
FBBCI urges China to set up industrial parks in B’desh
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Tuesday called on the Chinese government to set up industrial parks in Bangladesh.
Biman plans IPO to become profitable by 2015
Dubai: Biman Bangladesh Airlines, the country’s flag carrier, is set to become profitable by 2015, after breaking even in the current fiscal year ending June 2014, a top official said.
No restriction on Fonterra dairy products: Commerce Secy
The Commerce Ministry has not imposed any restriction on the import of powdered milk from New Zealand-based Fonterra but asked the National Board of Revenue (NBR) to ensure required test before delivery.
Spice supply ‘adequate, price to remain stable’
The Ministry of Commerce, importers and wholesalers on Tuesday affirmed that there will be adequate supply of spices in the market ahead of Eid-ul-Azha and the prices will remain stable.
DCCI, JCI to promote 2000 new entrepreneurs
A memorandum of understanding (MoU) between Dhaka Chamber of Commerce and Industry and Junior Chamber International, Bangladesh (JCI) was signed here on Tuesday, aiming to promote the DCCI project of creating 2000 new entrepreneurs.
Bank Asia provides foreign exchange training
Bank Asia provided a six-day training on “Foreign Trade and Foreign Exchange” for the second batch of 22 officers in an effort to improve their professional efficiency.
Govt’s main concern to protect Grameen Bank: Muhith
Alleging again that Prof Muhammad Yunus has been lying about splitting Grameen Bank into pieces, Finance Minister AMA Muhith on Monday said the first concern of the government is now to protect the bank its reputation and style.
DCCI asks Indian businessmen to invest in B’desh
Dhaka Chamber of Commerce and Industry on Monday urged the Indian entrepreneurs to invest in Bangladesh enjoying the investment-friendly packages and incentives offered by the government to the foreign investors.
Expos on textile, RMG begin in city Sept 5
Three comprehensive international exhibitions with focus on the entire textile and garment sector of the country will begin in the city on September 5.
Muhith stresses integrated microfinance approach
Finance Minister AMA Muhith on Sunday stressed the importance of an integrated approach of microfinance in the coming days to have a greater impact on poverty reduction.
GE to supply gas turbines to Bhola power plant
US based power plant equipment manufacturer General Electric (GE) will supply gas turbine-generators to the under construction Bhola combined cycle power plant.
Bangladesh Bank makes Tk 4,152.37cr net profit
The Bangladesh Bank made a net profit of Tk 4,152.37 crore in the last fiscal year (2012-13), up 7.61 percent than the previous fiscal.
DSE, CSE gain in week’s first day of trading
Country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –- posted moderate gain on Sunday, the first trading day of the week.
PM inaugurates 412 MW Haripur power plant
Prime Minister Sheikh Hasina on Saturday formally inaugurated the newly-set up 412 MW Haripur combined cycle power plant, the largest base-load power plant in public sector under the incumbent Awami League government.
Political stability must for FDI: Businesses
Bangladesh needs to ensure infrastructure development, energy and power security and most importantly a stable political environment to attract both domestic and foreign investments, business leaders told a discussion here on Saturday.
LDCs must look for being linked with BRICS: ERD Secy
Dhaka is keen on pursuing aid effective development partnership setting its future development agenda, said Economic Relations Division (ERD) Secretary Abul Kalam Azad on Saturday.
Banking scams growing faster than BB’s actions: ICC,B
The recent scam is nothing but a straight cheating by some so-called companies in connivance with a group of bank officials and influential group, said ICCB vice president Latifur Rahman on Saturday.
REHAB housing fair in New York Sept 1-3
In an effort to give a boost to the country’s sluggish housing business, approved realtors are now eyeing Bangladeshi expatriates, living in the USA, through a three-day fair there next month.
Surplus in foreign transactions
Bangladesh has been able to maintain a huge surplus in foreign transactions due to drop in food import bill and contribution of increasing foreign aids and record remittances to foreign exchange earnings.
MoU on Tk 900cr small insestors refinance scheme inked
A tripartite Memorandum of Understanding (MoU) was signed on Thursday for running the Tk-900 crore refinance scheme for helping the small investors hit hard by the 2011 capital market debacle.
BB warns against buying property abroad with money from home
The Bangladesh Bank on Thursday urged all concerned Bangladeshi nationals to remain aware against buying permanent property like flats abroad through sending money from the country.