Dhaka, 18 Dec – The Supreme Court on Monday stayed the bail to three of five Apan Jewellers' owners granted by the High Court till December 21.
Category: Business
Home Minister opens IBBL’s Int’l Migrants Day Stall
Dhaka , 18 Dec – Home Minister Asaduzzaman Khan Kamal inaugurated the Islami Bank stall at a fair organized on the occasion of International Migrants Day on 18 December, 2017 Monday at the Bangabandhu International Conference Center, Dhaka.
Five floating hospital ships being designed to serve riverine districts
For the first time in the country, five fully dedicated floating hospital ships are being designed and constructed by naval architects and shipbuilding engineers exclusively from Bangladesh for marginal people. The floating hospital ships will be operated by Friendship, a…
Masri released from Saudi detention
Sabih al Masri, a Palestinian billionaire and Jordan’s most influential businessman, was released after several days of detention in Saudi Arabia, the latest in a series of events marking the worst crackdown on the rich and powerful in the country’s…
Atlanta Hartsfield-Jackson airport power cut grounds flights
A power cut at Atlanta’s Hartsfield-Jackson international airport has led to a partial shut-down and major delays to flights. The airport is the world’s busiest, handling more than 250,000 passengers and almost 2,500 flights every day. Passengers have been left…
Islami Bank opens 332 nd branch at Singra
Dhaka – Islami Bank Bangladesh Limited inaugurated Singra Branch as its 332nd Branch at Singra Upazila of Natore on 17 December 2017. State Minister for ICT Division Zunaid Ahmed Palak, MP inaugurated the branch as chief guest.
Saudi Arabia detains Palestinian billionaire Masri
Sabih al-Masri, Jordan’s most influential businessman and the chairman of its largest lender Arab Bank, was detained in Saudi Arabia for questioning after a business trip to Riyadh, family sources and friends said on Saturday. Masri’s detention, which follows the…
Chile landslide destroys village, kills at least five
A landslide caused by torrential rain has killed at least five people in southern Chile and has destroyed dozens of houses. Fifteen people are missing in the remote village of Villa Santa Lucía in the country’s lake region, popular with…
WTO Ministerial Conference-11 fails and ends in disarray
Geneva, 14 Dec (Chakravarthi Raghavan) – The World Trade Organization’s Eleventh Ministerial Conference (MC11) has ended in complete failure and some disarray.
Ancient child burials found in Egypt
Four intact child burials made more than 3,000 years ago are among a series of recent discoveries near the Egyptian city of Aswan, officials say. One of the burials found by a Swedish-Egyptian team still had the linen used to…
WTO Ministerial Confce-11 collapses as US blocks outcomes
Buenos Aires, 14 Dec (D. Ravi Kanth) – The World Trade Organization’s eleventh ministerial conference (MC11) collapsed here on Wednesday like a house of cards, after the United States single-handedly blocked outcomes on mandated decisions and the draft ministerial declaration,…
Arming poor countries enriches rich nations
By Anis Chowdhury and Jomo Kwame Sundaram Sydney/Kuala Lumpur, Dec 14 (IPS) – Although the Cold War came to an end over a quarter century ago, international arms sales only declined temporarily at the end of the last century. Instead,…
Rapidly-growing corporate control of food chain
Agrifood Atlas is a report which shows the dramatic impacts of the global food system being rapidly monopolised by ever-fewer, ever-larger corporations at every stage of the food chain. Between 2015 and 2016, five of the largest 12 mergers between…
Walt Disney buys Murdoch’s Fox for $52.4bn
Walt Disney has agreed to buy the bulk of 21st Century Fox’s business for $52.4bn (£39bn), in a deal both companies said position them to compete in the rapidly changing media industry.The purchase includes Fox’s film and television studios, as…
Apan Jewellers owners secure bail
Dhaka – Three owners of the capital’s Apan Jewellers secured bail from the High Court on Thursday in three separate money laundering cases.
Lack of morality blamed for banking sector irregularities
Dhaka – Financial irregularities in the banking sector are increasing due to lack of ethics, according to a research report of Bangladesh Institute of Bank Management (BIBM) released Thursday.
HC drops Sonali Bank writ against BNP candidate in Ranpur
Dhaka – The High Court on Thursday paved the way for BNP mayoral candidate Kawsar Zaman Babla to contest Rangpur City Corporation election to be held on December 21.
HC bans horns in posh residential areas at night
Dhaka – The High Court on Thursday banned to use horn after 10.00pm and set the 20kmph speed limit at the residential and VIP areas of Dhaka city.
Make it a Jolly Christmas holiday with Amari Dhaka
Dhaka, December 2017: The month of December rekindles the mood for festivals as the jingling of the bells draw closer – an indication of the nearing Christmas. At Amari Dhaka, we celebrate Christmas with a host of mouth-watering specialities made…
Walt Disney buys Murdoch’s Fox for $52.4bn
Walt Disney has agreed to buy 21st Century Fox’s entertainment assets for a total $52.4bn (£39bn). The deal includes Fox’s 39% stake in satellite broadcaster Sky, and the 20th Century Fox film studio, Disney announced.
SNV of Netherlands in deal to help improve RMG workers’ health
SNV Netherlands Development Organisation on Thursday signed partnership agreements with trade bodies and NGOs to leverage a collaborative approach to improve the health and well-being of Bangladesh’s readymade garment workers. The contracts were signed with Bangladesh Institute of Labour Studies…
OIC’s Istanbul summit: US Trade with the Muslim World
Tuesday, December 12 – The Organization of the Islamic Conference (OIC) will hold an extraordinary summit in Istanbul, Turkey, on Wednesday, December 13, 2017, to discuss the repercussions of the announcement of US President Donald Trump last week recognizing Jerusalem as…
Islami Bank opens 331st branch at Phulpur in Mymensingh
Dhaka – Islami Bank Bangladesh Limited opened its 331 st Branch at Phulpur of Mymensingh. Arastoo Khan, Chairman of the Bank inaugurated the branch on 12 December 2017, Tuesday as chief guest.
Clear public stockholding (PSH) for food security
Buenos Aires 11 Dec (D. Ravi Kanth) – India’s trade minister Suresh Prabhu has called for a strong outcome on the permanent solution for public stockholding (PSH) programs for food security here and said this is a priority issue and…
China salary hike rate down as involuntary turnover rises
Shanghai, China – Media OutReach – Dec 12 – At an average of just 6.5% (excluding promotion), Chinese enterprises recorded the lowest salary increase rate since 2010 this year, according to the Human Capital Intelligence (HCI) Study 2017. The study…
Islami Bank sponsors Youth Games of BD Olympic Assoc
Dhaka, 11 Dec – Islami Bank Bangladesh Limited sponsored Taka two crore to the upcoming Bangladesh Youth Games-2018 organized by Bangladesh Olympic Association.
10 Biman technical-glitch accused officials get bail
Dhaka, 11 Dec – The Chief Metropolitan Magistrate (CNN) Court of Dhaka on Monday granted bail to ten officials of Biman Bangladesh Airlines in a case filed over the technical glitch in Prime Minister Sheikh Hasina’s flight.
Five elephants killed by train in India
A train has struck and killed five elephants as they crossed over tracks at a tea plantation in northeast India, an official said Monday. The elephants, including a pregnant female, were part of a larger herd wandering through the plantation…
Global recall of Lactalis baby milk over salmonella fears
French baby milk formula maker Lactalis has ordered a global product recall over fears of salmonella contamination. Health authorities in France said 26 infants in the country have become sick since early December.
Missing Chandpur (kachua) businessman found dead
Chandpur, Dec 10 – The body of businessman Saheb Ali, who was missing since 5th Dec, was recovered from Baghulia-Dighirpar bridge area of Kachua Upazila on Sunday morning.