Dhaka, April 23 (UNB) – The United Kingdom (UK) has said it wants to have even stronger relationship with Bangladesh once they come out from the European Union (EU), noting that Bangladesh’s economy has been “growing strongly” in recent years.…
Category: Business
BD eyes greater energy sector cooperation with Brunei
Bandar Seri Begawan, Apr 23 (UNB) – Bangladesh and Brunei have agreed to explore the possibility of comprehensive collaboration in the energy sector amid the growing demand for energy in Bangladesh to support the rapid economic growth. Prime Minister Sheikh…
Rubana Huq takes charge as BGMEA President
Dhaka, Apr 20 (UNB) – Rubana Huq took charge as the first female president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Saturday. She will lead the organisation for the 2019-2021 term. Outgoing BGMEA President Md Siddiqur Rahman handed…
For digital inclusion leaving no one behind
‘Take a risk, challenge yourself and always be positive’ Dhaka, April 21 – Sonia Bashir Kabir, the outgoing managing director of Microsoft Bangladesh, Myanmar, Nepal, Bhutan and Laos, wants to play a role in making technology available for the citizens…
‘5 days of grill’ at Amari Dhaka
Dhaka, April 2019 – Prepare your taste buds for different delicious regional cuisines every weekday. Amari Dhaka’s Deck 41 is an enthralling roof-top restaurant offering an eclectic array of delectable bites along with chilled invigorating mocktails surrounded by dreamy panoramic…
4 killed in Mymensingh road crash
Mymensingh, Apr 20 (UNB) – At least four people, including a woman, were killed and two others injured when a truck hit an auto-rickshaw and a human hauler on Mymensingh-Haluaghat road at Alalpur in the city on Saturday morning. The…
Foreign banks reluctant to disclose syphoned money: FM
Dhaka, April 19 – Foreign minister AK Abdul Momen yesterday said the banks of developed countries don’t want to disclose the information regarding the syphoning off the money by Bangladeshi nationals. He said his ministry would follow the directives of…
Dhaka’s proposals on more effective multilateral trading
Dhaka, April 19 (UNB) – Bangladesh has placed six proposals to make the multilateral trading system more effective recognizing importance of multilateral trading system for sustainable development. Principal Secretary to the Prime Minister Md Nojibur Rahman placed the recommendations at…
Mining: ‘A Question of Life or Death’
STOCKHOLM, Apr 18 2019 (IPS) – The mining industry is one of the world’s most dangerous industries. Globally, the death toll is at least 14,000 workers per year. But how many lives are actually lost is something that neither trade unions,…
Dhaka court rules Freezing Tarique couple’s UK bank accounts
Dhaka, Apr 18 (UNB) – A court here on Thursday ordered freezing three bank accounts of BNP acting chairman Tarique Rahman and his wife Dr Zubaida Rahman with a UK bank. Judge of the Dhaka Metropolitan Senior Special Sessions’ Judge…
Bangladesh Fashionology Summit in Dhaka on May 2
Dhaka, April 18 – Smart clothing is the fourth industrial textile revolution, a sector that will reach a sales volume of more than $130 billion in 2025, said Mostafiz Uddin, founder of Bangladesh Apparel Exchange (BAE). He said this at…
BD traders want export-import simplified at Benapole
Dhaka, Apr 17 (UNB)- Speakers at a meeting urged the government to simplify export and import process through the Benapole land port. They called for capacity enhancement, developing infrastructure and continuing 24 hours operation of the port for smoother export…
India’s Jet Airways suspending operations, no money to fly
New Delhi, Apr 18 (AP/UNB) — Jet Airways, once India’s largest airline, announced on Wednesday that it is suspending all operations after failing to raise enough money to run its services. The company said it has been informed by its…
Industry for review of WIPO involvement in patent database
Geneva, 16 April (TWN): A medicines patent database set up by transnational originator pharmaceutical companies with the involvement of the World Intellectual Property Organization (WIPO) has come under criticism by the generic industry. The International Generic and Biosimilar Medicines Association…
EU drive for trade liberalisation adds to tensions in Tunisia
by Werner Raza, Jan Grumiller and Bernhard Tröster The European Union’s disproportionate pressure for trade liberalisation risks exacerbating political strains in the last democracy of northern Africa. Tunisia is the only country in northern Africa in which a democratic political…
World Bank dispossessing rural poor
By Jomo Kwame Sundaram and Anis Chowdhury Kuala Lumpur and Sydney, Apr 16 2019 (IPS) – The World Bank’s Enabling the Business of Agriculture (EBA) project, launched in 2013, has sought agricultural reforms favouring the corporate sector. EBA was initially…
Modern monetary theory: the dose makes the poison
Can government deficits be financed directly by central banks, as modern monetary theory suggests? The question should not be if but how much. All things are poison, and nothing is without poison, the dosage alone makes it so a thing…
IBBL inaugurates agent banking outlet in Pabna
Dhaka- Islami Bank Bangladesh Limited (IBBL) has recently inaugurated its Agent Banking outlet in Satbaria Bazar of Sujanagar upazila in Pabna district . Ahmed Firoz Kabir, MP of Pabna-2 constituency inaugurated the outlet as a chief guest, said a press…
Two held for ‘driver murder during carjacking’ in Chittagong
Chittagong, Apr 13 – Police arrested two young men from Kattoli area in the port city early Saturday allegedly for attempting to carjack after killing its driver. The details about the deceased and detainees could not be known immediately. Jasim…
Driver held for harassing CU student on moving bus
Chattogram, April 13 (UNB) – Police arrested a bus driver on Friday night in a case filed for attempting to strangle a female student of Chittagong University (CU) on the moving vehicle in the port city on Thursday. The law…
Bhutan keen to boost trade with Bangladesh
DHAKA, April 12, 2019 (BSS) – Bhutanese Prime Minister Dr Lotay Tshering today expressed his keenness to further develop the existing trade relation with Bangladesh. “There are huge potentials to develop the bilateral trade further. The trade relation can be…
Bhutanese Prime Minister Lotay Tshering on 4-day Dhaka visit
Dhaka, Apr 12 (UNB) – A red carpet was rolled out as Bhutanese Prime Minister Lotay Tshering arrived here on Friday morning on a four-day official visit. The Bhutanese Prime Minister is making the visit at the invitation of Prime Minister…
Business urge BD govt not to raise gas, electricity prices
Dhaka, Apr 11 (UNB)- A section of industrialists on Thursday urged the government not to hike gas and electricity prices. The call came from a seminar titled ‘Energy Pricing: Impact on Industries,’ organized by the Dhaka Chamber of Commerce and…
Smart cities hold key to sustainable development
BANGKOK, Thailand, Apr 3 2019 (IPS) – Asia and the Pacific’s phenomenal development has been a story of rapid urbanization. As centres of innovation, entrepreneurship and opportunity, cities have drawn talent from across our region and driven economic growth which has…
‘CIS- Islamic Banking and Finance Forum May 02 in Tashkent
AlHuda Center of Islamic Banking & Economics is going to organize the ‘CIS- Islamic Banking and Finance Forum’ on May 02, 2019 with Two Days Post Event Workshop on ‘’Islamic Banking, Takaful and Islamic Microfinance’’ dated May 03 -04, 2019…
The future of manufacturing—is it in Europe?
Europe can remain a manufacturing hub if it ensures early adoption of game-changing technologies, engages with global supply chains and manages the green transition. Manufacturing is dead, they said. But after four years, ten research reports, 47 case studies, an…
Strong syndicate controls Dhaka’s transport sector
Dhaka, Apr 10 (UNB) – Speakers at a discussion here on Wednesday alleged that a strong syndicate is controlling the entire transport sector in the capital making it hard to restore discipline on roads. They also opposed different expert proposals…
Buses to run 22 Dhaka routes under 6 cos: DS Mayor
Dhaka, Apr 10 (UNB) – Dhaka South City Corporation (DSCC) Mayor Sayeed Khokon on Wednesday said buses in capital Dhaka and adjoining areas will run on 22 routes under six companies, apparently to bring discipline on roads. He came up…
Finding a way to food sustainability
AUSTIN, United States, Apr 9 2019 (IPS) – There’s much to think about regarding food this month. April is Reducing Food Waste Month in the United States, as efforts mount here to reduce food loss and waste, while globally Sunday Apr.…
HC refuses bail to Sohel Rana of Rana Plaza
Dhaka,April 09 – The High Court Division of the Supreme Court on Tuesday discharged a rule on the bail petiton of Sohel Rana, owner of Rana Plaza which collapsed in 2103 killing 1,136 persons. The High Court bench of Justice…