Monday, 15 Aug, 2022

Business

Petrol sales banned for two weeks in Sri Lanka

A Sri Lankan security personnel stands guard outside a fuel station in Colombo. Sri Lanka has suspended sales of fuel for non-essential vehicles as it faces its worst economic crisis in decades. For the next two weeks only buses, trains, and vehicles used for medical services and

BAT wins maiden StanChart ‘Symphony – Brands in Sync’ musical contest

Standard Chartered Bangladesh recently held the Grand Finale event for “Symphony – Brands in Sync” in Dhaka on 25 June 2022. Launched in November of 2021, the musical competition is the first-of-its-kind in Bangladesh. British American Tobacco Bangladesh was named as

Soybean oil price cut by Tk 6 per liter

The prices for edible oil in the domestic market have been reduced by Tk 6 per liter today (June 26) this noon. Earlier, Senior Secretary of the Ministry of Commerce Tapan Kanti Ghosh morning told regarding declining of oil cost in a press conference at his secretariat office in

Edible oil prices to come down in 2 days: Commerce Secretary

Consumers may experience the good news of falling the prices for edible oil in the domestic market within a day or two as the prices of cooking oil are declining in the international markets. Senior Secretary of the Ministry of Commerce Tapan Kanti Ghosh on Sunday (June 26) remarked

Govt extends market closure time by 2hrs ahead of Eid

The government has extended closure timing of shops, markets and shopping malls by two hours from July 1 to 10 for the benefit of businessmen and customers ahead of the Eid-ul-Azha. As per the new timing, the business establishments will be closed at 10:00pm instead of 8:00pm.  

Japan keen to seize opportunity to build 2nd Padma bridge

Japanese Ambassador here Ito Naoki has said his country is keen to "seize opportunity" to join Bangladesh government's ongoing construction efforts of the second Padma Bridge. He also said: "I am sure that once the second Padma Bridge became reality, Japanese

ICCB Heritage Restaurant celebrates its first anniversary

ICCB Heritage Restaurant, the only concept restaurant in Dhaka with traditional Mughal food arrangements, celebrated its first anniversary at the International Convention City Bashundhara in the capital on Tuesday. On the occasion of the anniversary, the restaurant has an

Floating Hong Kong’s iconic Jumbo restaurant capsizes at sea

A floating restaurant that was a famous Hong Kong landmark has sunk, days after it was towed away from the harbour where it operated for nearly 50 years. The Jumbo restaurant capsized in the South China Sea while on its way to an undisclosed location, its parent company said.

Padma Bridge will open eye of foreign investors: Saudi envoy

The Padma Bridge will help open up the eyes of international investors including the Saudi companies, said the Saudi envoy in Dhaka said on Monday (June 20). Investors will give serious look towards Bangladesh as an investment destination, added Saudi envoy. Prime Minister Sheikh

Ukraine war: Russia overtakes Saudi as top oil supplier to China

Russia has become China's biggest supplier of oil as the country sold discounted crude to Beijing amid sanctions over the Ukraine war. This comes in the wake of a February meeting where the two countries said their friendship had "no limits". Encouraged by lower

Malaysia picks 25 Bangladeshi recruitment firms to avoid monopolistic practices

Malaysia has accredited 25 Bangladeshi companies to avoid monopolistic practices in the recruitment of workers as well as to safeguard their welfare. The 25 companies were s elected from a list of 1,520 recruitment companies provided by the Bangladesh government. “Initially

RAK to construct Tk 902cr factory for quality tiles 

RAK Ceramics, a listed multinational ceramic tiles and sanitaryware maker is set to construct a new factory to produce value-added products. Snitaryware giant has moved to construct the factory at 100 bighas of land in Gazipur at the cost of Tk 902 crore in this regard. Having daily

BAJUS President Anvir moves to stop harassment of jewellers

Leaders of the Bangladesh Jeweller's Association (BAJUS) said the organisation’s President Sayem Sobhan Anvir takes measures to stop persecution of legal gold traders. They were addressing a programme of the BAJUS organised to mark AGM of Kushtia unit committee and

Bangladesh appoints first female finance secretary

The government of Bangladesh has appointed a female official to the Finance Division as its secretary for the first time. Fatima Yasmin, who was previously a secretary at the Economic Relations Division (ERD), was promoted to the position of senior secretary today. This promotion

Govt to acquire 6.30 lakh tons urea from Qatar

The government is going to procure some 6.30 lakh metric tons of urea fertilizer from Muntajat, Qatar to meet the growing demand of the country. The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a proposal in principle in its 14th meeting this year held today

People in Pakistan urged to reduce tea consumption

People in Pakistan have been asked to reduce the amount of tea they drink to keep the country's economy afloat. Sipping fewer cups a day would cut Pakistan's high import bills, senior minister Ahsan Iqbal said. The country's low foreign currency reserves - currently

Bangladesh seeks further IP facility’s continuation even after LDC graduation

Bangladesh has sought continuation of the existing intellectual property (IP) facility even after its graduation from the least developed countries (LDCs) list. “Considering the impact of Covid-19 pandemic, Bangladesh strongly demanded continuation of IP facility till at least

Gold Park to be built in country: BAJUS

Bangladesh Jeweller's Association (BAJUS) leaders have pledged to build a ‘Gold Park’ in the country aiming to reduce dependency on foreign countries They also said the organisation is working in every district for renovating the sector under the leadership of its

Chapai-Dhaka Special Mango Train launched 

The special mango train with tonnes of mangoes left Rahanpur Rail Station in Chapainawabganj for Dhaka on Monday afternoon, railway authorities said. Chief Transportation Officer of Bangladesh Railway West zone, Shahidul Islam inaugurated the special train service for transporting

BAJUS President for uniting jewellers to revamp gold sector

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir's effort is on to bring all jewellers under an umbrella to forge unity. Leaders of the BAJUS made the remarks at a view exchange meeting at Kishoreganj on Monday (June 13). BAJUS executive member and