The Real Estate and Housing Association of Bangladesh (REHAB) has demanded revival of the option to legalise untaxed money through investment in the sector unconditionally for 10 years.REHAB Prsident Alamgir Shamsul Alamin made the demand in a news call on…
Dhaka – Road Transport and Bridges Minister Obaidul Quader on Thursday said the transport fare will be reduced by 1 paisa per kilometer if the government brings down fuel prices by Tk 1 per litre, unb news agency reported.
A circular to adjust prices of octane, petrol, diesel and kerosene will be issued within ‘seven to 10 days’, says State Minister for Power, Energy and Mineral Resources Nasrul Hamid.“We want to offer a reasonable rate,” he said on Monday…
A Dhaka court has sent BASIC Bank General Manager Joynal Abedin to judicial custody in an embezzlement case.Chief Metropolitan Magistrate Emdadul Haque ordered him into jail after the Anti Corruption Commission (ACC) produced Abedin on Tuesday and sought a seven-day…
The Japan External Trade Organisation’s (JETRO) country chief has advised Bangladesh to brand the country in Tokyo to draw investments.Kei Kawano told bdnews24.com that Prime Minister Shinzo Abe’s 2014 visit to Dhaka had created a “big impact” in drawing Japanese…
The government has decided to reduce the price of furnace oil but the figure will be announced in a week, State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said.“We’ve decided to cut the price of furnace oil…
Bangladesh has solicited support of a congressman to get duty-free and quota-free access of its goods to the US market.Ambassador Mohammad Ziauddin met Congressman Adrian Smith in Washington on Monday and discussed trade-related issues and other development achievements of Bangladesh,…
Oil prices dipped slightly during the early hours of Asian trading on Monday as fresh oversupply concerns spurred by an increase in operational US rigs bridled a recent rally.This follows a week of gains that lifted US benchmark West Texas…
A year ago, Micromax vaulted past Samsung Electronics Co Ltd to become India’s leading smartphone brand. Today, its market share has nearly halved, several top executives have resigned, and the company is looking for growth outside India. In Micromax’s slide…
The UK government will not allow cargo on direct flights from Dhaka until further notice.In a web post dated Mar 8, it said that their recent assessments of the Shahjajal International Airport found some international security requirements were not being…
Dhaka and New Delhi will sign the final agreement on a $2 billion (about Tk 160 billion) credit from India on Wednesday.The signing of the Line of Credit (LOC) deal will take place at the NEC Auditorium in Dhaka at…
The World Bank has appointed Qimiao Fan as the new Country Director for Bangladesh.A Chinese national, Fan was the country director for Belarus, Moldova and Ukraine before this new appointment.The Dhaka office of the global lender said he would start…
Bangladesh’s exports rose 13.6 per cent in February from a year earlier to $2.85 billion, boosted by stronger sales of garments, official data showed on Sunday.Exports for July to February, the first eight months of the country’s 2015-16 financial year,…
Crude futures rose in Asian trade on Friday, buoyed by renewed optimism prices may have bottomed out after official US data showed oil production fell to its lowest level since November 2014.Brent futures had risen 18 cents to $37.25 a…
Bangladesh ICT Expo 2016 is going to start on Thursday at Bangabandhu International Conference Centre.ICT State Minister Zunaid Ahmed Palak briefed the media on Tuesday about the exhibition of information and communication technology products.The expo will remain open for all…
India is all set to issue multi-city, multiple-entry business visa to businessmen of SAARC nations including Pakistan, from April 1, reports Times of India.The business visa, to be called ‘India Business Card’ is expected to be granted for up to…
The International Monetary Fund (IMF) has said the global economy has weakened further and warned it was “highly vulnerable to adverse shocks”. It said the weakening had come “amid increasing financial turbulence and falling asset prices”. The IMF’s report comes…
A British business delegation is visiting Dhaka for three days to drive forward “partnerships” between the UK and Bangladesh for the “growth and prosperity” of both countries.The visiting UK companies, experts in the field of development and humanitarian aid work,…
Asian stock markets were mostly weaker on Tuesday as the price of crude oil turned lower following a surge overnight.KEEPING SCORE: Japan’s Nikkei 225 drifted 0.2 percent lower to 16,074.71 while South Korea’s Kospi was 0.2 percent lower to 1,912.71.…
The Asian Development Bank (ADB) is interested to fund $1.5 billion for building a rail track between Chittagong’s Dohazari and Ukhia bordering Myanmar as part of a larger Trans-Asian Railway network.The project to set up rail communication with Myanmar was…
Export and import activities through Benapole Land Port came to a halt on Wednesday following an assault on a joint commissioner of the Port’s Customs House allegedly by Bangladesh Chattra League men.
Singapore will provide training to 1,150 teachers and officials in the field of Bangladesh’s technical education in order to enhance their skills.
The finance ministry has approved the Post and Telecommunication Division’s proposal to change base prices of unused 2G and 3G spectrum in auction.In a recent letter to the division, the ministry has also fixed licence fees and other charges for…
Chinese consumers spent some 1 trillion yuan ($184 billion) overseas in 2015 and purchased almost half of the world’s luxury products, the media reported on Monday.Chinese people spent a total of $116.8 billion on luxury products last year, accounting for…
The visiting delegation of the Labour Friends of Bangladesh (LFoB) on Monday met Foreign Minister AH Mahmood Ali and appreciated the significant contribution made by Bangladesh Diaspora in the UK.
The cabinet on Monday gave the final approval to the draft of the ‘The Bangladesh EPZ Labour Law, 2016′ keeping a provision for constituting trade unions (TUs) in the export processing zones (EPZs) as well as forming a permanent wage…
Employees of mobile-phone operator Banglalink have confined an official demanding withdrawal of an order sacking a senior engineer.They were yet to let Chief Technical Officer (CTO) Perihane Elhamy leave her office in the operator’s headquarters at Gulshan at 10:45pm on…
Gold prices have risen again for the second time in a week.The prices of the precious metal were raised by Tk 1,225 per bhori (11.66gm) after its increase by the same amount on Feb 4.The new prices will take effect…
Top Indian business houses met Professor Muhammad Yunus on February 8, 2016 at Mumbai, India at a daylong conference to expand social business in India to tackle pressing social problems. Some of the leading corporations, including Tata Companies, Boston Consulting…
Four mobile-phone operators have shown “positive attitude” towards merger of Robi and Airtel, BTRC Chairman Shahjahan Mahmood has said.“All the operators are of the view that a merger will benefit consumers. All of them spoke in favour of the merger.…