Friday, 29 Nov, 2024

Business

$150m ADB loan for small enterprises in Bangladesh

The Asian Development Bank (ADB) has approved a $150 million loan to Bangladesh to provide financing for cottage, micro, and small-sized enterprises (CMSEs) operated by youth, returning migrant workers and rural entrepreneurs, particularly women, who have been hit hard by the COVID-19

Bashundhara Group launches ‘Bir Cement’

Bashundhara Group launched its new cement brand ‘Bir Cement’ with an aim to reinforce its stronghold in the cement manufacturing sector. The leading business conglomerate of the country launched the new brand cement, marking the 50th Victory Day of Bangladesh. It is

Plot to kill Bashundhara MD, a threat to investment and employment

Business leaders termed the attempt to kill Bashundhara Group Managing Director Sayem Sobhan Anvir 'a threat to the country's investment and employment.'  They urged the government to ensure security of the lives and property of the country's business leaders to

Ctg business leaders condemn attempt on Bashundhara MD’s life

Business leaders of Chittagong have condemned the murder attempt on Bashundhara Group Managing Director Sayem Sobhan Anvir and called for exemplary punishment for the criminals. Expressing grave concern, the business community of the port city urged the government to create a congenial

Attempt to kill Bashundhara MD for hindering country’s progress: Ctg protesters

A cross-section of people of Chattogram on Saturday strongly condemned the attempt to kill Bashundhara Group Managing Director (MD) Sayem Sobhan Anvir, saying it might have been aimed at hindering the country’s progress. They demanded immediate arrest and exemplary

Govt re-fixes fuel price to stop smuggling: Quader

Road Transport and Bridges Minister Obaidul Quader on Saturday (Nov 6) said the government re-fixed prices of diesel and kerosene in a bid to stop smuggling of fuels. He said, "Despite the government's unwillingness, the prices of diesel and kerosene were re-fixed due to the

G20 leaders endorse global minimum tax on big businesses

Leaders of the world’s 20 biggest economies have endorsed a global minimum tax of 15 percent on big multinational businesses. They will formally adopt the new rules at the continuing G20 summit in Rome on Sunday. Joe Biden, the president of the United States who is in the

Gold has huge export potential, says Bashundhara MD

Bashundhara Group Managing Director Sayem Sobhan Anvir has said gold has the potential to become the next emerging product in the country’s export basket. He has also sought policy support from the government for promoting the gold export. Addressing a reception as a special

Country's first SME digital training platform 'Oikko SME Digital Institute' inaugurated

'Ending Unemployment by Achieving Skills, Inception of new SME Entrepreneur' with this motto, Oikko Foundation has inaugurated 'Oikko SME Digital Institute'- www.oikkosmedi.org having an aim of creating new SME entrepreneurs and skilled manpower in the SME sector as

Bashundhara Foundation disburses 58th interest-free loans

Bashundhara Foundation has provided poor and destitute with 58th series of interest-free loans at Durgarampur at Bancharampur upazila under Brahmanbaria in a bid to grease economy of the underprivileged communities. Loan to the tune of Tk 70 lakh was distributed among 570 ultra-poor

Demand of Bashundhara plot-flat increases by 243pc

The demand of plot-flats at Bashundhara Residential Area has increased by 243 percent while the demand for rented flats in this largest residential area of the country increased by 74 percent.  About 36 percent of clients feel interested in buying a flat at a price ranging between

Toggi Services Ltd wins Lenovo Best Emerging Partner Award

Toggi Services Limited, a concern of the country’s leading business conglomerate Bashundhara Group, has won the prestigious Lenovo Best Emerging Partner Award. Hasan Reaz, regional channel manager of Lenovo, handed over the award to Mohammad Uzzal Molla, operational in-charge of

PM opens Purbachal exhibition centre

Prime Minister Sheikh Hasina today (Oct 21) inaugurated the newly built Bangabandhu Bangladesh-China Friendship Exhibition Center (BBCFEC) at capital's outskirts Purbachal.  The premier opened the permanent venue for the trade fair joining virtually from her official residence

Soybean oil price increases by Tk 7 per litre 

Hardship of the consumers is being intensified further as bottled soybean oil prices have been increased to Tk160 a litre on Tuesday, marking a Tk 7 a litre hike. The price of a 5-litre bottled soyabean oil has been fixed at Tk 760, which was Tk 728 earlier. Besides, the non-bottled

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