Wednesday 13 November 2019 ,
Wednesday 13 November 2019 ,
Latest News
  • Abrar murder: Charge sheet submitted against 25
  • Govt to ensure 100pc electricity coverage within ‘Mujib Year’: PM
  • ‘Robber’ killed in B’baria ‘gunfight’
  • PM inaugurates 7 power plants
  • 5 admission seekers held for cheating at SUST
  • 1 dead, six injured in suspected suicide bombing at Indonesia police station
  • Sundarbans: The physical buffer that needs a rest
Export of plastic products show impressive rise

Export of plastic products show impressive rise

Export of plastic products has risen significantly in FY2018–19 financial year (July-May) thanks to the availability of raw materials at a cheap…

Flag Vessel Act, 2019 gets cabinet nod

The cabinet yesterday today gave final approval to draft of The Bangladesh Flag Vessel (Protection) Act, 2019 with a provision for the vessels to carry 50 per cent cargos from the existing 40 per cent.  The approval came at a meeting with Prime Minister Sheikh Hasina in the chair.  “Drafts…

Digital shipment platform launched

An initiative has been launched to deal with "drop shipment" between Bangladesh and China as Bangladeshi businesses see a potential market for drop-shipping business with a big volume of transaction between the two nations. Former caretaker government adviser M Hafiz Uddin Khan inaugurated…

Importers remain dissatisfied even after NBR relaxes AT payment

Despite the National Board of Revenue's (NBR's) relaxation of the payment of 5 per cent advance tax (AT) for all products till June 30 through a circular on Thursday, importers are still reluctant to release their imported goods from the Chattogram port. In the proposed budget for FY2019-20,…
Oil prices rise on US-Iran concern

Oil prices rise on US-Iran concern

il prices extended gains yeserday as rising US-Iran tensions fuelled supply concerns, while Asian equities also edged up ahead of a crunch meeting between…
China eyes front against protectionism at G20

China eyes front against protectionism at G20

China said yesterday it would seek backing for free trade and multilateralism at the G20 summit this week as it denounced protectionism while it fights…
North Korea made $120m a year from joint factory park

North Korea made $120m a year from joint factory park

North Korea raked in more than $120 million a year from a symbolic cross-border industrial zone that Pyongyang and Seoul are pushing to re-open as part…
Coca-Cola, China dairy giant sign Olympic sponsorship deal

Coca-Cola, China dairy giant sign Olympic sponsorship deal

Coca-Cola and Chinese dairy firm Mengniu have signed a deal to become joint sponsors of the Olympic Games from 2021 to 2032, IOC chief Thomas Bach announced…

Proposed tax to take ‘its toll on construction industry’

The construction industry is set to receive a big blow once the newly-imposed VAT and other taxes on steel industry comes into effect from the upcoming fiscal year (2019-20, said steel manufacturers. "It'll have a big impact on the overall development works in both the public and private sectors…

Stocks perform mixed on higher transactions

Stocks yesterday witnessed flat with falling trend of most of the major price indices at Dhaka and Chittagong Stock Exchanges despite higher transactions. The day’s trade value at the DSE increased to Tk 378.15 crore from Sunday’s Tk 338.20 crore and the daily trade also rose to 12.45 crore…

Malaysian court delays case of Goldman role in 1MDB fund scandal

A Malaysian case against Goldman Sachs on charges linked to the US bank's role in the 1MDB scandal was postponed yesterday until September after defence lawyers argued there was a problem with paperwork. Malaysia filed criminal charges against three units and two ex-employees of the Wall Street…

Zimbabwe ends foreign currency use as inflation spirals

Zimbabwe announced yesterday that it would abandon the use of foreign currencies which replaced the local dollar that was swiped out by hyperinflation ten years ago. The crisis-hit country is facing another bout of sharply rising prices, with official inflation now at nearly 100 per cent -- the highest…

Walton sees robust growth in AC sales

The local electronics giant Walton has witnessed a robust growth in the sales of its air conditioner during heavy heat wave across the country this year, a press statement said yesterday. According to Walton, sales of their air conditioners during the first four-months (January to April) of the current…

Saudi launches special residency scheme to boost revenue

Saudi Arabia yesterday launched a new special residency scheme aimed at luring wealthy expats as the petro-state seeks to boost non-oil revenue. The scheme offers a permanent residency for 800,000 riyals ($213,000) and a one-year but renewable residency costing 100,000 riyals (27,000), according to…
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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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