Tuesday, 19 Oct, 2021

Business

Evaly: HC forms board headed by Justice Manik

The High Court (HC) has constituted a five-member board headed by former Appellate Division Judge AHM Samsuddin Chowdhury Manik to assess the liabilities of scam-tainted online marketplace Evaly. Other members are- former secretary Mohammad Rezaul Ahsan, Chartered Accountant Fakhruddin

Auction to sell 110 luxury vehicles on Nov 3

The National Board of Revenue (NBR) is set to arrange an auction to sell 110 luxury vehicles under the Carnet de Passage system. These vehicles are currently unloaded at Chittagong port. Earlier, the vehicles could not be sold in spite of being auctioned on four occasions. The luxury

Jewellery shops to remain closed on Wednesday

Gold and jewellery traders will keep their shops closed across the country on Wednesday (Oct 13) due to Durga Puja, the largest religious festival of the Hindu community. Bangladesh Jewellers Samity (BAJUS) issued a press release Tuesday in this regard. The association requested the

BFIU seeks Bithi, Sohel Rana's bank account info 

Bangladesh Financial Intelligence Unit (BFIU) of Bangladesh Bank has sought the bank account details of Bithi Akter, owner of e-commerce company E-Orange, her husband, suspended police inspector Sheikh Sohel Rana and three others. In a letter forwarded to different banks and financial

Card, Angrist and Imbens win 2021 Nobel economics prize

Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel economics prize, the Royal Swedish Academy of Sciences said on Monday, October 11. The prize, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of this

Onion prices won't go down in one month

Commerce Secretary Tapan Kanti Ghosh on Monday feared that the prices of onion in the market may not be declined within the next one month. He said, "The onion prices may decline in last week of November as new onions will come in the markets."  The secretary came up

Mukesh Ambani joins $100 billion club 

Mukesh Ambani, Asia’s richest person, joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club with a fortune of at least $100 billion. The chairman of India’s Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate’s

KPC Group chairman pays courtesy call on Bashundhara Group Chairman

KPC Group chairman Dr. Kali Pradip Chaudhuri has paid a courtesy call on Bashundhara Group chairman Ahmed Akbar Sobhan. The meeting took place at Bashundhara Group chairman's residence in Bashundhara Residential Area in the capital Dhaka on Tuesday (Oct 5). Chairman &

American CIP Kali Pradeep sees Rupayan City Uttara project

KPC Group Chairman American CIP Dr Kali Pradeep Chowdhury has inspected the country's first premium mega-gated community Rupayan City Uttara project built by Rupayan Group. “I am satisfied to be here. This project is a world-class project which is comparable to any project in

Bashundhara City completes 17 years successfully

Bashundhara City stepped into 18th year of operation on Monday as the premium destination for shopping and entertainment in the country. Officials, staff and shop owners celebrated the anniversary cutting a cake at a function at the shopping mall in Panthapath area of the capital. A

Pandora papers: ‘Unprecedented’ leaks reveal secret wealth of world leaders

Millions of documents reveal offshore deals and assets of more than 100 billionaires, 30 world leaders and 300 public officials The secret deals and hidden assets of some of the world’s richest and most powerful people have been revealed in the biggest trove of leaked offshore

Biman resumes flights to Dubai, Abu Dhabi

Biman Bangladesh Airlines has resumed its direct flights from Dhaka to Dubai and Abu Dhabi on Sunday. Two flights of Biman Bangladesh Airlines will operate on Sunday and Thursday, said a press release signed by Tahera Khandaker, deputy general manager (public relations) of the national

bKash cuts ‘Cash Out’ charge

bKash, the largest mobile financial service provider of the country has reduced Cash Out charge to make customers’ transactions more affordable.  They can now Cash Out up to 25,000 Taka per month from a favorite agent (Priyo Agent) at reduced charge of 14.90 Taka per

LGED team satisfied with quality of Bashundhara Bitumen

Top officials of the Local Government Engineering Department (LGED) have expressed their satisfaction at the quality of bitumen being produced at Bashundhara Bitumen Plant. A delegation, led by LGED Chief Engineer Md Abdur Rashid Khan, made a visit to the bitumen plant, country’s

Egypt plans to tax social media content creators

The decision to tax YouTubers and bloggers earning over 500,000 Egyptian pounds a year has divided views online Egypt has announced plans to tax its social media content creators, triggering mixed reactions. In a statement issued on 25 September, the Egyptian tax authority said that

ULAB organized virtual event on Industry-Academia Dialogue to Empower ICT Jobs

University of Liberal Arts Bangladesh (ULAB) organized a virtual event titled “Industry-Academia Dialogue to Empower ICT Jobs” on 11 Septemebr 2021. The event was organized in association with TechnTalents an ICT Job placement service provider and Bangladesh Society for

All crypto-currency transactions illegal, declares China

China's central bank has announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin, reports BBC. "Virtual currency-related business activities are illegal financial activities," the People's Bank of China

Bangladesh joins BRICS’ New Development Bank

Bangladesh has joined the New Development Bank (NDB) as its new member as the country has recently submitted its Instrument of Accession before the government of Brazil. Earlier on August 20, 2021 the NDB -- established by BRICS (Brazil, Russia, India, China and South Africa) in 2015

Truck, covered van owners-workers withdraw strike 

Bangladesh Truck-Covered Van Owners’ Association and Bangladesh Truck Driver Workers’ Federation have withdrawn their 72-hour nationwide strike. The decision came after a meeting with Home Minister Asaduzzaman Khan Kamal on Wednesday. They started the work abstention at

BTRC shuts down 59 IPTVs

Bangladesh Telecommunication Regulatory Commission (BTRC) has shut down 59 unregistered and unauthorised internet protocol televisions (IPTVs). The BTRC issued a press release on Sunday (Sept 19) in this regard. The release says Internet Protocol Television (IPTV) is the process of