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  • Page 170

Category: Business

United Airways to fly on Dhaka-Kathmandu route

August 15, 2013 editorBusiness, Transportation

United Airways (BD) Limited, the country’s largest private airliner, will fly daily on Dhaka-Kathmandu route from August 24, officials said here on Wednesday.   They said the airline started operating four flights a week on Dhaka-Kathmandu route on January 4, 2010.…

Transportation

Rail bridge alongside Jamuna Bridge on PPP basis

August 14, 2013 editorBusiness, Transportation

Railway to upgrade its 5 hospitals into medical colleges thru PPP The government will build a separate railway bridge alongside the existing Jamuna Multipurpose Bridge to facilitate railway connectivity and the project will be implemented on a public private partnership…

Transportation

Islami bank completes 30 years

August 13, 2013 editorBanking, Business

Islami Bank Bangladesh Limited (IBBL) completed its 30 years of green and environment-friendly baking on Monday. 

Forex reserve hits record US$ 16bn

August 13, 2013 editorBusiness, Finance

The country’s foreign currency reserve has hit the all-time high US$ 16-billion mark on the back of steady remittance growth and slowing imports, especially that of raw materials.  

finance

DCCI condemns attack on AK Azad

August 13, 2013 editorBusiness, Trade

Dhaka Chamber of Commerce and Industry (DCCI) has strongly condemned the surprise attack on AK Azad, former President of the Federation of Bangladesh Chambers of Commerce and the incumbent President of Bangladesh Chamber of Industries, in Faridpur on August 11.  

trade

Two more markets on India-Bangladesh border

August 13, 2013 editorBusiness, Trade

Agartala: Two more “border haats” (markets) will be set up this year along the India-Bangladesh border to boost local trade and people-to-people contacts between the two countries, a Tripura minister said Tuesday.

trade

WB project provides support for job creation

August 13, 2013 editorBusiness, Manpower

The World Bank in cooperation with UK-DFID and IFC is supporting the government to develop new economic zones in Bangladesh through the Private Sector Development Support Project (PSDSP).

Manpower

Stocks positive at opening

August 12, 2013 editorBusiness, Stocks

The key share price index at the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -– witnessed positive trend at opening on Monday, as trading resumed after six-day Eid vacation.

Stocks

Indoan co exports clinker to Bangladesh via river route

August 12, 2013August 12, 2013 editorBusiness, Trade

India-based Star Cement said it has dispatched its first barge of clinker to Bangladesh via river. The company is aiming to export over 50,000t of clinker to Bangladesh every month using the riverine route, the Meghalaya Times reported its President…

trade

Tangail market fire burns 42 shops

August 11, 2013 editorBusiness, Trade

Tangail – At least 42 shops were gutted in a fire that broke out at a market in Ghatail upazila of the district early Sunday.

trade

DSE trading resumes tomorrow

August 11, 2013 editorBusiness, Stocks

DHAKA – Share trading at the Dhaka Stock Exchange (DSE) resumes tomorrow (Monday) after 6-day holiday on occasion of Eid-ul- Fitr.

Stocks

Rana Plaza: Workers decry non-payment of compensations

August 10, 2013 editorBusiness, Industry

Dhaka – Workers and relatives of the Rana Plaza victims slammed the government and the owners for denying them the compensations though three and a half months have passed by since the complex crashed down.

Industry

Fast Retailing signs fire, building safety accord

August 9, 2013August 9, 2013 editorBusiness, Industry

Dhaka – Fast Retailing Co. Limited (Fast Retailing), Asia’s biggest retailer and operator of the Uniqlo clothing chain, on Thursday signed the accord on Fire and Building Safety in Bangladesh, initiated by IndustriALL Global Union and UNI Global Union.

Industry

‘Policy soon to elect GB directors,’ says Muhith: Aim at GB: NYT

August 8, 2013 editorBanking, Business

Finance Minister AMA Muhith has said a policy for electing Directors to the Grameen Bank board will be soon be worked out. Muhith said the government did not want to bring changes to the institution’s ownership or its management system.…

Banking

Samsung seeks smart watch trademarks in US, SKorea

August 8, 2013 editorBusiness, Industry

Samsung Electronics Co. has applied for U.S. and South Korean trademarks for a watch that connects to the Internet in the latest sign that consumer technology companies see wearable devices as the future of their business.   

Industry

Eid shopping hits peak

August 8, 2013 editorBusiness, Trade

The buyers crowded the shopping malls in the capital for clothes and other festival wears at the last moment of their Eid shopping.   

trade

Inflation slows down to 7.85 pc in July

August 8, 2013 editorBusiness, Finance

The overall point-to-point inflation rate in the first month of the current fiscal year witnessed a downward trend as it dropped by 0.20 percentage points to 7.85 percent in July thanks to the declining tendency of both food and non-food…

finance

Maslin Cotton Mills in Gazipur set to reopen

August 7, 2013 editorBusiness, Finance

The historic state-owned Muslin Cotton Mills, the largest cotton mill in Asia, is going to be reopened after 23 years under a private ownership.

finance

Cap makers in Tentulia vibrant on eve of Eid

August 7, 2013 editorBusiness, Trade

Caps with various eye-catching designs, made in Tentulia of Panchagarh district, are available at reasonable prices across the country.

trade

Benapole land port crippled by holidays

August 7, 2013 editorBusiness, Trade

Strikes and holidays—Shab-e-Qadr, Eid-ul-Fitr, National Morning Day, weekends– have crippled Benapole, Bangladesh’s largest land port.

trade

Call money rate stable

August 7, 2013 editorBusiness, Finance

The demand for taka has soared ahead of the Eid, but has failed to make much impact on the currency market, as call money rates has not significantly increased.

finance

Sharp drop in bank profits

August 6, 2013 editorBusiness, Stocks

The profits of banks listed on the share market were less than half during the first six months this year compared to what they had earned during a corresponding period last year.

Stocks

Licencing new fishing trawlers irks Fish Workers’ Alliance

August 6, 2013 editorBusiness, Transportation

Leaders of Bangladesh Fish Workers’ Alliance (BFWA) on Monday expressed concern as the government has recently given licenses to 25 new fishing trawlers for fishing in deep sea.   

Transportation

Tk 10,000cr looted from homebound passengers: Watchdog

August 6, 2013 editorBusiness, Finance

Passenger Welfare Association of Bangladesh (PWAB) claimed on Monday that some Tk 10,000 crore has been looted from homebound passengers ahead of Eid-ul-Fitr in the name of Eid tips and extra charges on roads, railways and waterways.

finance

BIWTC special Eid services for passengers starts

August 5, 2013 editorBusiness, Tourism

Bangladesh Inland Water Transport Corporation (BIWTC) starts 13-day special steamer services from August 5 from Dhaka end and which will continue till August 17.

Tourism

JS body for starting Dhaka-Toronto flights by October.

August 5, 2013 editorBusiness, Transportation

The committee believes introduction of flights on these routes will benefit commuters travelling between Dhaka and New York.

Transportation

TCB cuts sugar price by Tk 1 a kg

August 5, 2013 editorBusiness, Trade

The Trading Corporation of Bangladesh (TCB) has reduced sugar price by Tk 1 per kg to sell at Tk 43 per kg now as its demand marked a rise further ahead of Eid-ul-Fitr.

trade

United Airways brings 3 more flights on int’l routes

August 4, 2013 editorBusiness, Transportation

United Airways (BD) Limited private airlines, will introduce flights on Dhaka-Singapore, Dhaka-Doha and Dhaka-Karachi routes in September next.   

Transportation

Hotel, restaurant workers for wages, bonus before Ramadan 27

August 4, 2013 editorBusiness, Manpower

Hotel and restaurant workers on Saturday demanded that their wages, arrears and Eid bonus be paid before the 27th Ramadan.   

Manpower

Eid shopping gains momentum in Gaibandha

August 3, 2013 editorBusiness, Trade

Eid-shopping has gained momentum in the shopping centers of upazilas and district town here as the holy Eid-ul- Fitr is knocking at the door.

trade

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