The revenue target for Benapole land port for the current fiscal 2013-14 has been reduced to Tk 2,350 crore, which is 12 per cent less than that of the outgoing fiscal 2012-13.
Category: Business
Sick cottage industries made profitable in Rajshahi
The industrial estate of Bangladesh Small and Cottage Industries Corporation (BSCIC) in Rajshahi metropolis has started making profit with investment by some of the country’s big companies.
Islamic economics, banking seminar mark IBBL branch opening
A seminar on “Islamic Economics and Banking” was held on Tuesday at the occasion of inauguration of 278th Branch of Islami Bank Bangladesh Limited at Sonaimuri, Noakhali.
Islamaic finance workshop held at IFIL head office
A day long workshop on Islamic Finance was held at the Board Room of Islamic Finance and Investment Limited Head Office on Sunday.
Retailers in Bangladesh garment safety deal
A group of 70 international retailers has agreed a programme of safety inspections at garment factories in Bangladesh in the wake of a devastating building collapse that killed more than 1,100 people in April.
Perpetrators of politicising business escaped responsibily
Speakers at a roundtable on Sunday emphasised the need for not mixing up politics with business and business with politics.
14 export items to get subsidies
The government has decided to provide subsidies and cash incentives to 14 export items, including readymade garments (RMG), vegetables, ships and light engineering products.
FBCCI urges judicious electricity use during Ramadan
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Sunday urged the shop owners and managements of the shopping malls to abide by the decision of keeping shops open till 8pm during the first 10 days of the…
Stanchart launches priority first financial Kiosk
Standard Chartered Bank Bangladesh has strengthened its footprint in Dhaka with the opening of the first Priority Financial Kiosk exclusively for Priority Banking customers at The Westin Dhaka.
China probes Tetra Pak under market dominance
China’s national market regulatory agency says it is investigating possible abuse of market dominance by the food processing and packaging giant Tetra Pak, in a sign that China is widening its scrutiny of operations by foreign companies at home.
Irri procurement progressing fast in Khulna div.
Irri-Boro procurement drives progressing fast in 10 districts under Khulna division during this season.
Two-day first Zakat Fair concludes
With the theme “Making a Difference with Zakat”, a two-day long Zakat Fair 2013 a first ever in Bangladesh concluded adopting a ten-point declaration regarding right calculation, collection and distribution of Zakat at the National Shooting Federation Auditorium (Shooting Club),…
EU, US monetary policy to continue boosting Asian stocks
Optimism that easy European and U.S. monetary policy will continue boosted Asian stock markets Friday as investors awaited a key American jobs report later in the day.
Poor job growth, unemployment to scale back US economy
Another solid month of hiring in June could signal the start of a stronger second half of the year for the U.S. economy.
Commission’s final report on GB July 20: Muhith
Finance Minister AMA Muhith on Thursday said the Grameen Bank Commission will submit its final report to the government on July 20 about the future structure and course of the bank.
Bangladesh cargo ship sinks off Thailand coast
Bangladesh’s cargo ship MV Hope sank off the coast of Thailand early on Thursday, Thai media reported.
11 new insurance firms approved
Insurance Development & Regulatory Authority (IDRA) has approved 11 new insurance companies as the government is running its term.
Coals must be certified before import: BB
Bangladesh Bank on Wednesday directed the authorised dealers of foreign exchange to make sure that the importers acquire the pre-shipment inspection certification of the coal they want to import before opening an LCs.
Oil price up on Egypt unrest, stockpiles fall
The price of oil stayed above $101 a barrel Thursday after being jerked higher by unrest in Egypt and a fall in U.S. energy stockpiles that suggests a recovery in demand.
Egmont Group membership to help check money laundering: Atiur
Bangladesh has got the membership of prestigious Egmont Group, formed with financial intelligence units of various countries which will help get global support in fighting against money laundering, terrorist financing and other financial crimes, Bangladesh Bank Governor Dr Atiur Rahman…
Islami Bank Board of Directors meeting held
A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Thursday at the Board Room of Islami Bank Tower.
Revenue collection Tk 3,000 crore below target
The government has failed to achieve the revenue collection target in the just-ended fiscal year as it fell short by almost Tk 3,000 crore due to ‘political instability, lower economic activities and fall in consumer goods import’.
Joint review agreed on ADB’s portfolio
The government on Wednesday agreed with the Asian Development Bank (ADB) on time-bound actions to improve the performance of the Bank’s portfolio in the country and achieve the 2013 development targets.
Grameen-Uniqlo to open stores in Dhaka Friday
Japanese clothing chain Uniqlo will open its first two stores in the capital on Friday to attract the nation’s growing middle class, providing them with locally-produced high quality comfortable clothing at affordable prices.
Formalin-mixed fruits found in N’ganj
Local community police detected high presence of formalin in the seasonal fruits put for sale at different shops in the city on Tuesday.
Nuril Islam Khalifa made Islami Bank DMD
Eminent banker Nurul Islam Khalifa has been promoted to Deputy Managing Director of Islami Bank Bangladesh Limited. He is now working as the head of Information Communication and Technology Wing of the Bank.
StanChart, Nymphea launch ‘Coins from Bangladesh’
Standard Chartered and Nymphea are proud to present a vivid pictorial and informative book titled ‘Coins from Bangladesh’. It is an insight into the glorious past of Bengal and aims to enrich reader’s knowledge on socio-economic and political systems through…
Call Centre training programme opened at IBBL
A five day long training program for Call Center officials of Islami Bank Bangladesh Limited was inaugurated at the Call Center auditorium of the Bank at Mohakhali on Monday, July 2, 2013.
Extortion may affect market prices: FBCCI
Predent of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Kazi Akram Uddin Ahmed on Sunday voiced concern that the prevalence of extortion on the highways can affect the prices of essentials and vegetables during the month of…
Both bourses up at closing
Share prices at the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –- ended high on Tuesday.