A delegation of Nepal Oil Corporation (NOC) has left Kathmandu for Bangladesh on Saturday to carryout study on feasibility for importing petroleum products, reports Kathmandu Post.The NOC, which has been searching different alternatives due to fuel crisis in Nepal following…
An apprenticeship programme has been launched to develop skilled manpower in Bangladesh’s furniture sector.The UN’s labour agency, ILO, says up to 1,400 apprentices will be trained under a technical cooperation project funded by Canada.The programme was inaugurated at Nadia Furniture…
The pre-launch dinner for ‘2nd UK-Bangladesh e-Commerce Fair 2015’ has been held in London’s The Crystal.The two-day fair will begin at The Waterlily Venues on Friday.’Digital Bangladesh: A World of Opportunities’ is the theme of this year’s event that aims…
Tofail Ahmed has said he hopes the US will revive special trade benefits for Bangladesh soon since the country has made significant progress in ensuring labour rights and fair working conditions in factories.The commerce minister sees the GSP facility as…
The government has closed down three buildings housing as many factories, concluding its 23-month long inspection.In addition, 16 factories in seven buildings have been “partially closed” due to structural, fire and electrical safety concerns. The inspection covered a total of…
Traders have reduced gold prices by Tk 1,225 per bhori (11.664 gram), less than a month after they were raised.Bangladesh Jewellers Samity (BAJUS) said the revised rates would be effective from Monday.Gold prices have been fluctuating for about two years.On…
Crude oil prices edged up on Friday after falling as much as 2 percent the previous session, with analysts saying oversupply and a strong dollar would continue to weigh on fuel markets.US crude futures were trading at $45.46 a barrel…
Prime Minister Sheikh Hasina has urged the Netherlands to invest in Bangladesh and import ‘world-class’ products from the country.She made the appeal when Dutch Minister for Foreign Trade and Development Cooperation Lilianne Ploumen called on her in The Hague on…
The two-day second ‘UK-Bangladesh e-Commerce Fair 2015’ is beginning at London’s Waterlily Venue on Nov 13.‘Digital Bangladesh: A World of Opportunities’ is the theme of this year’s event that aims to bring together the “entire e-commerce services and stakeholders” from…
The World Bank now wants to fund a project ‘even bigger’ than the $2.9 billion Padma railroad bridge project.This comes barely two years after the global lender raised a stink over alleged corruption forcing Bangladesh to withdraw its funding request…
The allegation against commercial institutions of not paying Value Added Tax (VAT) after billing customers for it on expenses is not new.Now the issue has come to the fore during the National Board of Revenue’s (NBR’s) campaign.People are also taking…
The number of fixed broadband users in Bangladesh is growing even though the growth is much less than that of mobile internet subscribers.In a month, the number of such subscribers has increased by 47 percent. According to a report of…
Bangladesh is becoming a large market with a growing number of people from middle-income class affluent consumers, a study has found.Business strategy adviser the Boston Consulting Group (BCG) released the report, titled ‘Bangladesh: The Surging Consumer Market Nobody Saw Coming’,…
Thirty-three out of 53 Bangladesh missions abroad have failed to achieve their respective export targets set for the first quarter (July-Sept) period of the current fiscal year (2015-16).
Mobile Number Portability (MNP) is the only solution to the dropped call menace, outgoing BTRC Chairman Sunil Kanti Bose feels.Once MNP is introduced, mobile users will be able to switch to another service provider without changing existing number and that…
The export of internet bandwidth to India has been delayed because cable connection was not set up across the border, State Minister for Post and Telecommunications Tarana Halim says.Bangladesh would start selling bandwidth in November, she said on Tuesday.She was…
The re-registration of subscriber identity modules (SIMs) through biometric verification system begins on Wednesday on an experimental basis, State Minister for Posts and Telecommunications Tarana Halim said on Tuesday.
Observing that Bangladesh’s economy is stable but not ‘certain’, the World Bank on Tuesday forecast the country will post a 6.5 percent GDP growth in the current fiscal year.
State Minister for Post and Telecommunication Tarana Halim on Monday asked all the mobile phone operators to resolve the call-drop problem by December next.
Prime Minister’s ICT Adviser Sajeeb Ahmed Wazed Joy has asked Bangladesh startups not to give up despite failures. Bangladesh’s first Software Technology Park, aimed to facilitate IT entrepreneurs, was inaugurated on Sunday.Speaking on the occasion, Joy said he hopes that…
The Word Bank’s Chief Economist Kaushik Basu has described Bangladesh’s economic progress as astonishing. He said it was difficult to feel the same way 10 years ago about Bangladesh, which is now in the top league of nations with high…
Bangladesh, which is one of the largest importers of cotton from Uzbekistan, has taken part in the 11th cotton and textile fair in Tashkent to improve the trade ties.Dhaka’s mission in the Uzbek capital on Friday said Ambassador Mosud Mannan…
Nobel Laureate Professor Muhammad Yunus visited Hong Kong on October 14. He gave the “I CARE-University Lecture on Civility” in the packed Sir Run Run Shaw Hall of the Chinese University of Hong Kong (CUHK). The university has 20,000 students.…
China’s economic growth is expected to slow to 6.5 percent in 2016 from an expected 6.8 percent in 2015, even as the central bank eases policy further to ward off a sharper slowdown, a Reuters poll showed.A 25-basis-point reduction in…
Shenzhen – Nobel Laureate Professor Muhammad Yunus addressed a gathering of political leaders, top business leaders, and academic at Shenzhen Citizen’s Centre. Mr Bai Li Chen, Deputy Chairman of Chinese People’s Political Consultative Conference, a top ranking national leader of…
The Executive Committee of National Economic Council (ECNEC) has turned down a proposal to shift Bangladesh Secretariat from Ramna to Sher-e-Bangla Nagar as it was not accompanied by the original plan prepared by architect Louis I Kahn.The meeting on Tuesday,…
Prime Minister Sheikh Hasina has urged businessmen to keep their money in Bangladeshi banks following reports that their Swiss bank accounts are swelling.She made the appeal at a reception for her hosted by Bangladesh’s apex business body FBCCI in Dhaka’s…
On October 10 Professor Yunus visited Kunming. He was received by Mr. Ye Liaoyan, Chairman of Yunnan Normal University, Professor Yuan Yichuan, Vice Chancellor of the University, and high officials at their campus. They gave him a ceremonial tour of…
Nobel Laureate Professor Muhammad Yunus launched Yunus Social Business Week, China, in Beijing on October 9. This is a week-long program taking Professor Yunus from Beijing, Kunming, Shanghai, Shenzen, and Hong Kong. He will be addressing government officials, business leaders,…
OPEC has forecast that demand for its oil in 2016 would be much higher than previously thought as its strategy of letting prices fall hits US shale oil and other rival supplies, reducing a global surplus.In a monthly report, the…