Bharti Airtel Holdings (Singapore) Pte Ltd, a fully-owned subsidiary of Bharti Airtel Ltd, will pick up the remaining 30 percent stake in Warid Group’s telecom operations in Bangladesh.
Category: Business
Biman suspends 15-cabin-crew
DHAKA: Some 15-cabin-crew of Biman Bangladesh Arlines were suspended for stealing passengers’ commodities at Heathrow Airport in London.
Unsafe BD factories must close: UN
The United Nation‘s labour agency urged Bangladesh to close unsafe factories as rescuers pulled more bodies from the wreckage of the nation‘s worst industrial disaster in which at least 548 have died.
BD begs EU not to axe trade deal after disaster
It fears that the European Union will tear up agreements which give preferential access to Bangladeshi garments in order to pressure Dhaka to improve safety standards.
Saudi Arab to consider iqama transfer for BD
Crown Prince Salman Bin Abdulaziz, Deputy Premier and Minister of Defense of the Kingdom of Saudi Arabia, assured to take necessary measures to facilitate iqama transfer of Bangladeshi workforce in the Kingdom.
3 RMG factories shut as cracks found
The authorities of three garments including Vertex Ltd shut their factories as cracks found in buildings at Tetuljhora in Savar of the city.
B’desh capital market fair in London in June
In an effort to attract investors living in the UK, expatriate businessmen will host a fair, titled ‘Bangladesh Capital Market Fair’ in London, the home of the biggest Bengali-speaking community outside Bangladesh, on June 24.
Move to extend deal with Qatar to import LNG
The Energy Ministry has initiated a move to extend the tenure of a deal with Qatar to import liquefied natural gas (LNG) as although was no progress to create import facilities in the last two years since the deal was…
Sample at disaster site surprises German retailer
A German clothing company says it is “surprised, shocked and appalled” after samples of its textiles were reportedly found in the remains of a Bangladesh garment factory that collapsed on the outskirts of Dhaka last week.
Atiur urges Indian entrepreneurs to invest here
Bangladesh Bank governor Dr Atiur Rahman on Friday urged the Indian entrepreneurs to invest in Bangladesh availing themselves of the investment opportunities here, and emphasised working together for the optimum realisation of the sub-region’s growth potentials.
Remittance earnings $1.03 billion in April
Inward remittance in April witnessed a declining trend as it reached US$ 1,030.95 million compared to $ 1,229.36 million fetched in March this year.
Johannes Zutt WB’s new Country Director
Johannes Zutt, appointed by the World Bank as its new Country Director for Bangladesh and Nepal, joined his Dhaka office on Thursday. Johannes Zutt, a Dutch national, joined the World Bank in 2000 and held managerial positions of increasing responsibility, said…
DCCI urges Dubai NRBs to invest in B’desh
Dhaka Chamber of Commerce and Industry (DCCI) urged the Non-Resident Bangladeshi (NRB) businessmen of Dubai to invest in Bangladesh. DCCI president M Sabur Khan made the call during a meeting with Dubai Chamber of Commerce and Industry in Dubai on Wednesday where…
Muhith to attend ADB meet in New Delhi
Finance Minister AMA Muhith leaves here for New Delhi on Thursday to attend the 46th annual meeting of the Board of Governors of the Asian Development Bank (ADB)
China manufacturing growth slows in April
An industry group says manufacturing growth in China slipped in April as exports continued to decline, raising questions about the strength of recovery in the world’s second-biggest economy.
July-March ‘sees $1,863.02m foreign aid flow’
The foreign aid flow to Bangladesh was much better during the first three quarters (July-March) of the current fiscal (2012-13) as it totalled US$1,863.02 million against US$1,410.96 million during the corresponding period of the last year.
Abu Dhabi keen to invest in ceramics, energy sectors
The businessmen of Abu Dhabi have expressed their keen interest to invest in ceramics, petroleum, oil and gas sectors in Bangladesh.
DSE gains, CSE dips at closing
Share prices at Dhaka Stock Exchange (DSE) registered a gain while that at Chittagong Stock Exchange (CSE) a fall on Tuesday.
Tk 30m donated for Savar victims
Different organisations and individuals donated Tk over 30 million to therelief fund of the Prime Minister for the Savar victims.
Business leaders want May 2 hartal withdrawn
The business community on Sunday urged BNP to withdraw their May 2 dawn-to-dusk hartal keeping in mind the Savar tragedy.
Stocks down at opening
Share prices at the country’s both bourses—Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) –- continue negative trend in early hours of trading on Monday, the second trading day of the week.
Committee to monitor RMG factories soon
In the latest development, the government is going to form a committee soon to monitor overall conditions of the country’s readymade garments factories.
Garment factories to open from Monday
President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Atiqul Islam on Sunday urged the garment workers to join their works to protect the country’s RMG sector.
Japanese ex-vice minister new ADB president
Japan’s former vice-finance minister Takehiko Nakao has assumed the presidency of the Asian Development Bank, vowing to continue its anti-poverty mission and sustain Asia-Pacific’s growth.
Maunsell Aecom for Padma Bridge tender process
Finance Minister AMA Muhith on Sunday said the government is likely to reappoint consulting firm Maunsell Aecom Ltd on Monday to resume the tender process for constructing the Padma Bridge with its own fund.
Lower GDP growth projected
Unnayan Onneshan, an independent multidisciplinary think-tank, in its current issue of the Bangladesh Economic Update projected the country’s GDP growth rate to be 5.75 percent in the current fiscal year against the government target of 7.2 percent.
Central bank opens digitisation programme
Finance Minister AMA Muhith, on behalf of the Prime Minister Sheikh Hasina, Saturday inaugurated the digitisation programme of Bangladesh Bank at a function at the Bangabandhu International Conference Centre (BICC).
DCCI urges expatriates in Qatar to invest at home
President of Dhaka Chamber of Commerce and Industry (DCCI) M Sabur Khan has urged the Bangladeshi businessmen in Qatar to invest in their homeland in prospective areas like IT, hotel and tourism sectors.
RMG unrest: BGMEA meet ministers, labour leaders
Leaders of the Bangladesh Garment Manufactures and Exporters Association (BGMEA) sat in a fresh meeting with a number of ministers and labour leaders on Friday night to discuss the next course of actions hours after holding a press conference.
Next budget should be more result-oriented, flexible
The next national budget should be more result-oriented and flexible with a view to increasing its benefit to more people and also focus on improving the investment environment to attract more investment, according to a leading economist of the country.