US President Donald Trump paid $38m (£31m) in tax on more than $150m (£123m) income in 2005, a leaked partial tax return shows, BBC reported. Two pages of the tax return were revealed by US TV network MSNBC but they…
Category: Business
Why not steps for hawker rehabilitation: HC
Dhaka Mar 14 – The High Court on Tuesday issued a rule asking the government to explain as to why it should not be directed to take necessary steps for the rehabilitation of hawkers.
Heavy penalty mulled for weight-measure tampering
Dhaka, Mar 13 – The Cabinet on Monday approved the draft of ‘The Standards of Weights and Measures Bill, 2017’, raising the amount of fine for cheating in weight and measurement. The approval was given at the regular weekly meeting…
Dhaka flyover girder collapse kills one injures 2
Dhaka, Mar 13 – A man was killed and two others, including a construction engineer, were injured as a concrete girder of the under-construction Malibagh-Mouchak flyover collapsed on Malibagh level-crossing in the city early Monday.
Emirates chief dismisses reports of merger talks with Etihad
Emirates president Tim Clark has dismissed reports that the rulers of the UAE are discussing a potential merger of Emirates and Etihad due to tough market conditions. German business paper Handelsblatt Global cited several sources as confirming the talks and…
SC upholds HC verdict for immediate shut down of Dhaka Tanneries
Dhaka – The Appellate Division Supreme Court yesterday upheld a High Court order that directed the government to immediately shutdown the Hazaribagh tanneries and disconnect all their utility services, including gas line, power and water, as they missed several deadlines…
BD garment owners get 6 months to demolish illegal office
Dhaka, Mar 12 – The Appellate Division of the Supreme Court (SC) on Sunday gave the BGMEA authorities six months’ time for demolishing the ‘BGMEA Complex’ constructed at the city’s Hatirjheel.
$12 for a blanket on air!
A 66-year-old male passenger reportedly on a Hawaiian Airlines flight asked for a blanket as he was feeling cold. When the crew demanded a fee of $ 12 for the blanket, an altercation started. At one stage, the passenger made…
IBBL Shariah awareness programme held
Dhaka – The Dhaka Central Zone of Islami Bank Bangladesh Limited organised a day long Shariah Awareness Programme at Mohammad Younus Auditorium of Islami Bank Tower on Saturday, 11 March 2017. Arastoo Khan, Chairman, Board of Directors of the bank…
Tourism sector needs massive domestic investment: Russian envoy
Foreign investors to come only when they see benefits, he says AKM Moinuddin, UNB Staff Writer Dhaka, Mar 11 – Russian Ambassador in Dhaka Alexander I Ignatov has said Bangladesh’s tourism sector needs “massive investment” to have more contributions to…
Tourists stranded at St. Martin’s Island: Signal 3 at maritime ports
Dhaka, Mar 10 – Thousands of tourists remained stranded at St. Martin’s Island a tourist attraction south of Teknaf, the southernmost area of Bangladesh on Friday Afternoon as the went rough due to inclement weather. The maritime ports of Chittagong,…
4 killed as truck rams auto-rickshaw in Sylhet
Four people were killed and two others injured as a truck crashed into a CNG-run auto-rickshaw at Alinagar of Beanibazar upazila on Friday afternoon. The deceased were identified as Dulal, 25, Siddique, 35, Guljar Ahmed, 28, and the auto driver…
Over 5000 crore siphoned out in migrant visa trade: TIB
Over Tk 5,000 crore was laundered from the country last year to buy visas for male migrant workers, says a new survey from Transparency International Bangladesh (TIB). The study reveals that a total of Tk 5,234 crore was spent in…
IBBL client get-together held
Dhaka – Islami Bank Bangladesh Limited organized a Client Get-together at Pan Pacific Sonargaon Hotel, Dhaka on Wednesday, 8 March 2017. Arastoo Khan, Chairman of the bank presided over the programme.
Owners seek three years to relocate BGMEA comnplex
Dhaka – Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Wednesday filed a petition before the Appellate Division seeking three years’ time to relocate their 15-storied complex at Hatirjheel in Dhaka, which has been ordered for demolition.
Biman’s all-women flight marks Women’s Day
Dhaka – On the occasion of World Women Day, national carrier Biman Bangladesh Airlines on Wednesday operated a special ‘all women flight’-BG-603 in Dhaka to Sylhet route.
The biggest price changes of 2016
Changes in commodity prices attract the attention of many different people from all over the world from trades, researchers, and analysts to policymakers, and just interested citizens. Commodity prices depend on changes in demand and supply forces and there are…
IBBL Dhaka Central Zone conference held
Dhaka – The Business Development Conference of Dhaka Central Zone of Islami Bank Bangladesh Limited was held on March 7, 2017, Tuesday at the Zone Office.
DoE ready to shut down city tanneries: Industry awaits HC order copy
Dhaka – The department of environment (DoE) has completed all preparations to shutdown the Hazaribagh tanneries following the High Court (HC) order.
Dhaka, Colombo agree to gear up FTA signing process
Bangladesh and Sri Lanka have agreed to speedily move forward the process of signing a free trade agreement (FTA) between the two countries to boost bilateral trade. The decision came during a bilateral meeting between Prime Minister Sheikh Hasina and…
Konica Minolta for ‘Singapore -Islands & Islanders’ spl ed
Singapore – Media OutReach – 7 March – Leader in print and enterprise content management Konica Minolta Business Solutions Asia (BSA), is supporting the production of the special edition of the locally-authored book titled “History of Singapore — Islands and…
Training for IBBL RDS Field Officers held
Dhaka – A foundation training program for the field officers of Rural Development Programme of Islami Bank Bangladesh Limited started on March 05, 2017, Sunday at Islami Bank Training and Research Academy (IBTRA), Dhaka.
Singapore firm proposes to dredge BD rivers in exchange for sand
A discussion with a Singaporean company to dredge rivers in exchange for the excavated sand is underway, Water Resources Minister Anisul Islam Mahmud has said.He told the media at a programme in Dhaka Reporters’ Unity on Sunday that the government…
Sustainable, responsible tourism to be focus of ITB Berlin
-By Raquib Siddiqi Responsible travel and the designation by the World Tourism Organization (UNWTO) of the “International Year of Sustainable Tourism for Development “ are the main themes at the world’s largest travel trade fair. From 8 to 12 March…
World’s first Gen 3+ nuke unit goes into run in Russia
Dhaka – The newest power unit no. 1 of Novovoronezh NPP-2 (power unit no. 6 of Novovoronezh NPP) with 3+ generation VVER-1200 reactor has been put into commercial operation on February 27, 2017. This is the reference project of the…
Islami Bank holds Board Meeting
Dhaka – A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on March 05, 2017, Sunday at the Board Room of Islami Bank Tower.
PM slams Muhith for microcredit remarks
Prime Minister Sheikh Hasina on Saturday criticised her cabinet member AMA Muhith for praising the role of microcredit and Dr Muhammad Yunus in eradicating the country’s poverty. “A couple of days back, our Finance Minister highly praised microcredit and said…
Tanneries get 2 weeks to deposit damage compensation
Dhaka – The High Court on Thursday directed 154 tannery owners located at Hazaribagh to deposit Tk 30.85 crore to the state fund in two weeks as compensation money for damaging the environment.
Snap share price soars on debut
Shares in Snap, owner of messaging app Snapchat, have begun trading on the US stock market. In its opening minutes, its price hit $24.48 a share, a jump of about 40 per cent. The flotation valued the company at $17…
Cardiac stents put under price control in India
On 13 February India’s National Pharmaceutical Pricing Authority (NPPA) issued an order to fix the ceiling prices for the two main categories of cardiac stents. The order stated that “huge unethical markups at each stage in the supply chain” resulted…