Thursday, 29 Oct, 2020

Business

Gold price rises by Tk 1166 per bhori

DHAKA: Bangladesh Jewellers' Association (BAJUS) on Wednesday (December 18) decided to increase the price of gold at Tk 1,166 per bhori.  The new rate will be effective from Thursday (December 19), says a press release.  BAJUS general secretary Dilip Kumar Agarwal said the

IDLC Lays foundation stone of its permanent corporate office

IDLC Finance Limited’s Chairman Aziz Al Mahmud laid the foundation stone of its permanent corporate office at 153 Tejgaon Industrial Area, Dhaka, through an inaugural ceremony on Monday (December 16). Arif Khan, CEO & MD of IDLC Finance along with the Board of Directors and company

Boeing to halt 737 Max production in January

Boeing will temporarily halt production of its troubled 737 Max airliner in January, the manufacturer said. Production of the jet had continued despite the model being grounded for nine months after two deadly crashes. More than 300 people died when two 737 Max aircraft crashed in

Honda launches XBlade

Bangladesh Honda Private Limited (BHL) is introducing new model, Honda Xblade, in its lineup with tag line of “Street All-Rounder”. Xblade is positioned as advanced model who are seeking advanced choice sin their life style for balance of superior performance as power & mileage,

Air shipping cost of onion Tk 150 per kg

DHAKA: Commerce Minister Tipu Munshi said the air shipping cost, on an emergency basis, for each kilogram (kg) of imported onion is around Tk 150. The minister was addressing a seminar in city’s TCB Building on Thursday (Dec 12). He said, “Air shipping cost is Taka 150 per kg

BB to release new Tk 50 note on Dec 15

DHAKA: The Bangladesh Bank is set to release a new Tk 50 note on December 15. Abul Kalam Azad, General Manager of Department of Communications and Publications of Bangladesh Bank (Assistant spokesperson) told Banglanews that the new note will be released as there is similarity in

GDP growth 8.15pc, per capita income $1909

DHAKA: Bangladesh’s Gross Domestic Product (GDP) grew by a record 8.15 percent in the last fiscal year (FY19) while the per capita income reached $1,909. Planning Minister MA Mannan was briefing reporters after the Executive Committee meeting of the National Economic Council (ECNEC)

4,159 MT onions arrive on Thursday

DHAKA:  A total of 4,159 metric tons of onions have arrived in Bangladesh on Thursday (December 5). Different importers imported through different ports in the country. According to a release of the Ministry of Commerce issued on Friday (December 6), 1,227 MT onions entered the

Pathao becomes 1st major ride-sharing platform to get govt license

Pathao Limited is the first major ride-sharing company to receive license (enlistment certificate) from Bangladesh Road Transport Authority (BRTA). “We are grateful to accept the enlistment certificate from BRTA for being the largest digital platform on demand in Bangladesh," said

Citibank launches one-stop mobile account opening service

Citibank has launched its one-stop Mobile Account Opening Service on December 3, which allows new clients to open bank account (Citibanking, Citi Priority or Citigold Account) and investment accounts in one go through Citi Mobile® App at anytime and anywhere. The account application

Imran Kadir elected as JCI Dhaka North president

DHAKA: Imran Kadir has been elected as the President of Junior Chamber International (JCI) Dhaka North for the next term. JCI Dhaka North elected its executive body and board members for the year-2020 during a meeting of general members held at Six Seasons Hotel Dhaka recently.

US$ 3.46m more foreign investment in diversified products in EPZ

China-U.S.A jointly owned company M/s. Oscar Bangla Co., Ltd. will invest US$ 3.46 million to set up a wig and hair related products manufacturing plant in Ishwardi Export Processing Zone. Mentionable that along with this factory the total number of wig and hair related factory stands at

Masatsugu Asakawa elected ADB president

Masatsugu Asakawa has been unanimously elected President of the Asian Development Bank (ADB) by its Board of Governors. Mr. Asakawa, 61, currently Special Advisor to Japan’s Prime Minister and Minister of Finance, will assume office as ADB's 10th President on 17 January 2020. He

Countrywide water transport strike underway

DHAKA: Water transport workers enforced indefinite countrywide strike on early Saturday to press home their 11-point demand, including implementation of wage scale 2016, issuance of identity cards, service books, and appointment letters. Bangladesh Water Transport Workers’ Federation

PM to launch 5 new ships on Thursday

DHAKA: Prime Minister Sheikh Hasina is set to launch five new ocean-going ships of Bangladesh Shipping Corporation (BSC) on Thursday (November 28). The premier is expected to launch the inauguration ceremony through video conferencing from her official residence-Ganabhaban. As per

Syndicate holds port ship handling hostage

CHATTOGRAM: The importers are held hostage by a cargo handling syndicate in unloading imported goods from big vessels to lighter vessels at the outer anchorage of Chittagong port. This syndicate, however, has been controlling the business for years having no necessary handling

Rainbow brings ‘All-rounder Exterior’ paints

Rainbow Paints, popular paint brand of RFL Group, has introduced All-rounder exterior paints with a view to providing highest quality paints to its customers. RN Paul, Managing Director of RFL Group, inaugurated the new paints through an event held at RFL head office at Badda area of

Gold price rises by Tk 1166 per bhori

DHAKA: Bangladesh Jewellers' Association (BAJUS) on Saturday (November 23) decided to increase the price of gold at Tk 1,166 per bhori.  The new rate will be effective from Sunday (November 24), says a press release signed by BAJUS general secretary Dilip Kumar Agarwal. The

Turkey to invest in tourism sector: Kamal

DHAKA:  Finance Minister AHM Mustafa Kamal said Turkey will invest in Bangladesh’s tourism sector. Finance Minister AHM Mustafa Kamal held a meeting with Turkish Minister of Culture and Tourism Mehmet Nuri Ersoy in Ankara on Thursday (November 21). In response to an invitation

Turkey to invest in tourism sector: Kamal

DHAKA:  Finance Minister AHM Mustafa Kamal said Turkey will invest in Bangladesh’s tourism sector. Finance Minister AHM Mustafa Kamal held a meeting with Turkish Minister of Culture and Tourism Mehmet Nuri Ersoy in Ankara on Thursday (November 21). In response to an invitation