The Navy and Air Force have sought permission from the Bangladesh government to start commercial bank.In a letter to the prime minister, Navy chief Vice Admiral Muhammad Farid Habib has asked for clearance for the proposed Maritime Bank Ltd.Habib said…
The newly elected office bearers and leaders of BGMEA, Chittagong chapter call on city mayor AJM Nasiruddin at his office chamber on Saturday .
Regent Airways is all set to resume its flights on Dhaka-Cox’s Bazar route from Thursday.The private airlines made the announcement in a statement on Saturday.Regent Airways Head of Sales Erfan Haque said in the statement that from Thursday they would…
On October 8 Professor Yunus attended a meeting of the members of the board Tomoni Corporation, a social business company established by a group of young Japanese entrepreneurs. They are now setting up Yunus Social Business Japan, a company dedicated…
Shares of the largest telecoms operator, Grameenphone (GP), are in a freefall on gloomy market sentiments over the news of a planned tie-up between its rivals, mobile number portability facility just around the bend, and fresh registration of SIM cards.One…
Mobile-phone users in Bangladesh will have to wait until next year to avail the facility to switch operators without changing their numbers.State Minister for Posts and Telecommunications Tarana Halim says it might take February or March next year to introduce…
A trade body fears the identical murder of two foreign nationals within a week might take a toll on Bangladesh’s export and foreign investment.The Dhaka Chamber of Commerce and Industry (DCCI) in a statement on Tuesday condemned the killing of…
A Memorandum of understanding between Nobel Laureate Professor Muhammad Yunus and Wendy Woods, Global Head of Social Impact Practice of Boston Consulting Group was signed on the sideline of UN meetings, on September 26 to form a global partnership.
Asian stocks sagged on Monday after Wall Street’s uninspiring Friday performance and ahead of key economic indicators, while the dollar consolidated its gains against the yen and euro. MSCI’s broadest index of Asia-Pacific shares outside Japan stood virtually flat. Shanghai…
The cattle markets in the capital ahead of the Eid-ul-Azha are still in favour of the traders as there has been lower inflow of sacrificial animals so far due to inclement weather and late supply from the neighbouring India.
Tannery owners, worried about preserving raw hides made available during Eid-ul-Azha sacrifice due to hot weather, also fear a sharp drop due to Indian restrictions on cow smuggling. Hides of animals sacrificed during Eid meet nearly half of Bangladesh’s annual…
German carmaker Volkswagen has been ordered by US regulators to recall half a million cars because of a device that disguises pollution levels. The “defeat device” allows cars to pass lab testing even though they actually emit 40 times the…
Norway’s telecoms regulator will impose tighter regulations of the price top operator Telenor is allowed to charge other companies for using its mobile phone network, the Norwegian Communications Authority (NKOM) said on Thursday. Telenor has a market share of just…
The 116th Social Business Design Lab organized by Yunus Centre took place today on 17th September 2015 at the Grameen Bank Auditorium. Around 150 participants and observers, from national and international organizations with diverse background attended the program, including a…
Toyota says it will gradually restart work at its Tianjin plants two weeks after deadly chemical explosions in the Chinese port city.
Construction work of elevated expressway from Airport to Kutubkhali on the Dhaka-Chittagong highway will begin from August 16, road transport and bridges minister Obaidul Quader said yesterday. “It would help to reduce the traffic congestion of the capital after construction…
Nobel Laureate Professor Muhammad Yunus has just concluded his four day visit to Uganda where he was received by President Yoweri Museveni of Uganda at the Presidential Palace, met Vice President Ssekandi, attended high level meetings with government representatives and…
By Colleen Curry McDonald’s is inching closer to the long-awaited decision to offer its breakfast menu all day, a move that will allow it to make a play for a growing market that could help the struggling burger giant staunch…
The expanding tea sector has created huge jobs in the tea gardens of the sub-Himalayan Panchagarh district for over 8,500 extremely poor, unemployed and distressed women to change their fortune in recent years.Earlier, the unemployed rural women had to live…
Work has resumed at the Benapole Land Port after an unusually long Eid vacation.Trading between India and Bangladesh started on Monday morning, but was low key as all the officials and workers of the Customs, port authority, C&F, and the…
Footpath vendors at the capital’s Motijheel, Gulistan and Baitul Mukarram areas are dejected over lack of sales barely a week ahead of Eid.For the drop in their fortune, they blame mushrooming of clothing outlets in different neighbourhoods.
The hot green chilli is not only scalding the buyers’ tongue but also burning a hole in their budget as prices have almost doubled in a week.One kilogram of green chilli was being sold at Tk 120 to 150 at…
The 92nd Social Business Design Lab took place today 11 July 2015 at the Grameen Bank Auditorium. About 150 participants and observers, from national and international organizations with diverse background attended the program, including a large number of international participants.…
A bumper production of the fibreless, fleshy and highly tasty local variety “Haribhanga mango” is likely as its harvest begins from the middle of the next month in the district this season, official sources said.Horticulture specialist of the Department of…
A US federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill.The decision by the 5th US…
The Planning Commission has finalised a Tk 965 billion annual development programme (ADP) for the upcoming 2015-16 fiscal year, with the communication sector ticked off for the highest allocation.A commission meeting, chaired by Planning Minister AHM Mostafa Kamal, on Thursday…
Biman Bangladesh Airlines will have to wait ‘some more time’ before it can operate flights to the United States (US).
Wheat production target has been achieved successfully in the district in the current season.According to Agriculture Extension Office (AEO) sources wheat was cultivated on 31,510 hectares of land in the current season exceeding the official target of cultivating on 26,630…
The state minister for foreign affairs has stressed the application of scientific and modern methods in business management to increase profits.
According to the rich world’s politicians, economics has a new villain. The modish scoundrel of the past seven years—the immoral banker outwitting inept regulators—has been edged out by a returning blackguard: the tight-fisted boss crushing the hopes of honest workers…