Monday 26 August 2019 ,
Monday 26 August 2019 ,
Latest News
  • Concentrate on your obligations, commitments: Bangladesh to Myanmar
  • Protect migrant workers from middlemen: PM
  • Zia had betrayed Bangabandhu: Quader
  • 2 years of Rohingya influx: 43 murders in camps, 32 killed in gunfights
  • HC orders to remove word ‘Kumari’ from marriage certificate
  • Prepaid metres system ‘unfair’: PMCRC
Merger renders Tk 1.7b loss: Robi

Merger renders Tk 1.7b loss: Robi

Mobile phone operator Robi claims it was forced to incur a loss of Tk 1.7 billion at the end of first quarter (Q1) in 2017 following the merger with Airtel,…

‘Panic’ factories as workers collapse in heatwave

Panic broke out in more than a dozen factories in Bangladesh's capital as hundreds of garment workers fell ill in a heatwave, forcing the plants to close, police said yesterday, reports AFP. Police said 18 factories, which export clothes to Western retailers, had been shut since Wednesday after…

Licences issued to 14 private economic zones

The Bangladesh Economic Zone Authority (BEZA) has issued licences for 14 private economic zones till date so that they can carry out economic activities, generate employment, and create investment facilities. “Of the 14 economic zones, final licences have been issued for only four private operators,…

Tofail asks BFTI to enhance support to traders

Commerce Minister Tofail Ahmed yesterday suggested the Bangladesh Foreign Trade Institute (BFTI) should enhance their assistance to businesses for them to expand the foreign trade capacity of the country, reports UNB. Founded in 2003, the BFTI is a non-profit research and training institute built on…

Bangladesh needs substantial increase in investments: ICCB

Bangladesh requires a substantial increase in annual investments to 34.4 per cent of GDP by FY20 from 29 per cent in FY15 to achieve a middle-income country status by 2021, said International Chamber of Commerce, Bangladesh (ICCB), reports BSS. “To achieve its goal of middle-income country status…

Chittagong Hill Tracts to turn into business hub

Civil Aviation and Tourism Minister Rashed Khan Menon yesterday said the government had taken initiatives to make the Chittagong Hill Tracts (CHT) as a business hub for South and Southeast Asia using utmost potential of huge resources of the hilly region, reports BSS. “The CHT, 10 per cent of…
Oil prices skid lower

Oil prices skid lower

AFP, LONDON: World oil prices briefly sank by two dollars yesterday after OPEC kingpin Saudi Arabia appeared to rule out deep production cuts at a meeting…
Moody’s slashes 
Hong Kong rating 
following China cut

Moody’s slashes Hong Kong rating following China cut

AFP, HONG KONG: Hong Kong yesterday hit back at a decision by Moody's to cut its credit rating on the city, which the agency said was becoming increasingly…
As US mulls action on steel, foreign producers urge caution

As US mulls action on steel, foreign producers urge caution

AFP, WASHINGTON: Foreign steel producers on Wednesday called for prudence from the Trump administration as it considers possible actions to shield domestic…

ECB sees clouds over eurozone’s financial stability

AFP, FRANKFURT: The European Central Bank said Wednesday that stress in the eurozone financial system had remained low over the past six months, but it warned of "significant" risks to that stability. "Risks to financial stability stemming from financial markets remain significant, mainly…
Stocks flat on lower transactions

Stocks flat on lower transactions

Stock markets witnessed flat yesterday when daily transactions declined on lower demand, reports BSS. The day's trade value at DSE declined to Tk…

New Zealand unveils tax-cutting election-year budget

AFP, WELLINGTON: New Zealand yesterday unveiled a tax-cutting election-year budget that the ruling National Party said will help families as it looks to win a record fourth consecutive term in power. Finance Minister Steven Joyce said about 1.3 million families would benefit by an average of NZ$26 (US$18.32)…

Trade deficit with China not related to ‘US job decline’

The United States’ trade deficit with China is not directly related to the decline in US manufacturing jobs, according to a research report released by the Ministry of Commerce (MOC) yesterday, reports Xinhua. “A number of studies have shown that the reduction in U.S. manufacturing jobs…

Oil, gas tops Myanmar’s foreign investment

Foreign Direct Investment in Myanmar’s oil and gas sector topped with 22.41 billion US dollars as of the end of April since late 1988, the official Global New Light of Myanmar reported yesterday, reports Xinhua. The country’s oil and gas sector accounted for over 31 per cent of overall FDI,…

Singapore total trade increases in first quarter

Singapore’s total trade expanded on a year-on-year basis in the first quarter of 2017, as both non-oil domestic exports (NODX) and non-oil re-exports (NORX) grew, said the country’s trade promotion agency International Enterprise (IE) Singapore yesterday, reports Xinhua. On a year-on-year…

Lenovo returns to profit as PC market stabilises

AFP, HONG KONG: Chinese technology giant Lenovo yesterday said its net profit for the fiscal year was back in the black, helped by stabilisation in its core personal computer market. The Beijing-based company, which has traditionally manufactured computers but has been trying to broaden its smartphone…

Executive Motors awarded ‘Best BMW 7 Series Dealer’

BMW Group has selected Executive Motors Ltd, the sole importer for BMW vehicles in Bangladesh, as a ‘Sub-Regional Finalist’ in the Importer Region Asia Pacific in the category “Best BMW 7 Series Dealer” in the international “Excellence in Sales 2016” competition,…
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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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