Category: Transportation

Oil added to gains above $108 a barrel Monday, underpinned by three weeks of declining U.S. stockpiles and a rush of speculative money into the crude futures market.

The price of oil fell back Friday after crossing $109 a barrel for the first time since early last year.

The price of oil shot to a 16-month high Thursday on signs the U.S. job market is improving, although not by enough to prompt the Federal Reserve to pull back on its bond-buying program.

The price of oil fell slightly Friday, extending losses below $105 a barrel after a report from the International Energy Agency said supplies would exceed an expected rise in demand next year.

United Airways, country’s first-ever public limited company in the aviation sector, stepped in six years of its service on Wednesday which operated 38,000 flights and carried 14 lakh passengers and 2,800 tonnes of cargo to various destinations.

Bangladesh’s cargo ship MV Hope sank off the coast of Thailand early on Thursday, Thai media reported.

British Airways is to become the first European airline to let passengers switch on their mobile phones and other devices just after landing.

Finance Minister AMA Muhith has blamed the Anti Corruption Commission (ACC) for the delay in the response to the World Bank’s report on the Padma bridge project saying he did not get the requisite documents from watchdog in time.

The government can earn additional revenue of Tk 1,500 crore a year if it imposes 70 percent specific excise tax on all sorts of cigarettes and the Padma Bridge could be built within seven years with the additional revenues, said…

World Bank (WB) country director Johannes Zutt said the Bangladesh government can construct the much-talked-about Padma Bridge with its own fund.

The government has proposed to cut import duty on reconditioned cars that are at least four years old by Tk 60,000 to Tk 1 lakh in the next fiscal.

Civil Aviation and Tourism Minister Faruk Khan on Saturday said Biman Bangladesh Airlines, the national flag carrier, will start carrying passengers on domestic routes from November next.

Triple deck launch MV Suravi-7 remains stranded on shoal since Thursday night after caught in storm on way to Dhaka from Barisal.

Bangladesh and India are set to have another link with the introduction of the much-awaited Shillong-Dhaka bus service. Meghalaya transport minister HDR Lyngdoh said India and Bangladesh have mutually agreed to start the bus service and both governments have cleared…

The price of oil fell Monday as traders concerned about global energy demand took profits ahead of economic data from China and the United States.

Biman Bangladesh Airlines has delayed one of its flights to Hong Kong after one of its wings caught fire during take  off at Shahjalal International Airport.

Chittagong’s railway communication with Dhaka and Sylhet resumed on Friday afternoon four hours after ‘Mahanagar Probhati’ had derailed in Brahmanbaria.

The United States will officially hand over a naval ship to Bangladesh in a reflagging ceremony in California on May 23.

Renewable energy sector is unlikely to receive any block allocation in the coming budget as the government has moved to cut such allocations to mobilise fund for the Padma Bridge project, officials at the Finance Ministry said.

A total of 6000 new eco-friendly taxi cabs will be introduced in the public transport sector of the capital.

DHAKA: Some 15-cabin-crew of Biman Bangladesh Arlines were suspended for stealing passengers’ commodities at Heathrow Airport in London.

Emirates Airline has introduced new interactive ‘Inspire Me’ feature on their website www.emirates.com, allowing passengers to bring this personalized service to their travel planning.

Kevin Steele, Managing Director and CEO, said he would now be the final decision maker on all General Sales Agent (GSA) matters because of the many rumors, allegations and attempts to exert influence. 

The Biman Bangladesh Airlines has decided to reopen two international routes from the next month.

The government will start construction work on the much-talked-about Padma Bridge project within this year, reiterated Finance Minister AMA Muhith on Wednesday.