Soybean oil supply to normalize in two days: Commerce Adviser
Tesla shares plummet over 9% amid European sales decline
DHAKA: The per capita income decreases to $1,751 in the current fiscal year from the last fiscal year's $1,752. Planning Minister AHM Mustafa Kamal Kamal disclosed the information before Prime Minister Sheikh Hasina at the ECNEC meeting at the NEC conference room Tuesday (Sept
DHAKA: The Home Ministry is planning high-tech protection system including CCTV surveillance for Dhaka-Chittagong Highway, vowing smooth traffic and drop offensive use of the four-lane road. Sources said devices having ability of reading vehicle number plates automatically, will
DHAKA: Indian High Commissioner to Dhaka Harsh Vardhan Shringla disagreed with the news claiming Bangladesh the fourth largest remittance source for India. He termed the news ‘totally incorrect’. He was delivering speech as special guest at the opening ceremony of an
CHITTAGONG: Radisson Blu Chittagong Bay View General Manager Robin Edwards said the five-star hotel in port city already has proved its wide-scale acceptability to the customers through providing world class services. “Our main objective is to ensure customers’ satisfaction. We
DHAKA: Aside from establishing transparency, accountability and rule of law, Prime Minister Sheikh Hasina directed the authorities concerned to implement all initiatives taken by the government for the development of capital market. Besides, she advised small investors to invest in
DHAKA: Prime Minister’s Office (PMO) has directed authorities concerned of Hazrat Shahjalal International Airport to keep its cargo service open for round the clock on emergency basis. Moreover, branches of banks concerned for opening Letter of Credit (L/C) were also directed to keep
DHAKA: Nine new products, among 35 items, will get export subsidy or cash incentive facilities in fiscal year 2018-19. Earlier 26 items used to have the facility. The government now added nine new products in the export subsidy list to encourage export trade. The subsidies will be
DHAKA: Bangladesh Prime Minister, Sheikh Hasina hands a certificate and award to Chevron Bangladesh President Neil Menzies at the inauguration ceremony of Power & Energy Week 2018, held in the capital earlier on Thursday (Sep 6). Chevron Bangladesh was recognized by the Ministry of
DHAKA: Anwarul Islam has been promoted to General Manager (GM) of Bangladesh Bank. Earlier, he worked as Assistant Spokesman and Deputy General Manager of the Financial Inclusion Division of the Central Bank. Anwarul Islam joined Bangladesh Bank as Assistant Director in 1993.
Panasonic plans to move its European headquarters from Britain to the Netherlands later this year over concerns about potential tax issues related to Brexit, a company spokeswoman said Thursday. "We will move our European headquarters to the Netherlands," the spokeswoman told AFP,
DHAKA: Commerce Minister Tofail Ahmed said the government has no plans to export rawhide considering the welfare of leather industries. The minister said this to reporters at the secretariat on Sunday (August 26). Tofail Ahmed said, “Leather industries of the country would be
BENAPOLE (JESSORE): Border Guards Bangladesh (BGB) heightened security measures in order to prevent smuggling of rawhide of sacrificial animals to India through Benapole-Putkhali border in Jessore. Besides, police presence has been stepped up. This reinforcement of security measures is
US President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the US’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro is being manipulated
BENAPOLE (JESSORE): Export and import activities in Benapole land port will remain closed from August 21 -25 ahead of holy Eid-ul Azha, according to Benapole land port director (traffic) Aminul Islam. However, movements of travelers with passports will remain normal as usual.
DHAKA: The government made the use of jute bags compulsory for the packaging of poultry and fish feeds in order to facilitate jute industries and protect environment. For a total of 19 products, including poultry and fish feed, have been made it compulsory to use jute bags from
DHAKA: Asian Development Bank and Bangladesh government signed agreements for three projects totaling over $350 million together in a single event on Thursday (August 9). Out of $350 million, two are grant projects with over $125 million. A $100 million grant will support the
DHAKA: The government has fixed the prices of raw hide of the sacrificial animals ahead of the Eid-ul-Azha. Commerce Minister Tofail Ahmed made the announcement at a press briefing at the conference room of his ministry in Bangladesh Secretariat on Thursday (August 9). According to
DHAKA: State Minister for Labor and Employment Mujibul Haque Chunnu asked garment industry owners to pay Eid bonus to their workers by August 16. Mujibul Haque Chunnu came up with the directive in a meeting of Crisis Management Core Committee at the secretariat on Thursday (August 9).
DHAKA: The government has set an export target of earning USD 44 billion in the current fiscal. Of the USD 44 billion, 36 billion has been set to earn from product exports and 5 billion from service sector. Commerce Minister Tofail Ahmed announced the export target for 2018-19
DHAKA: Finance Minister Abul Maal Abdul Muhith said the government is not going to reduce interest rates on savings certificates before the national election. However, a high level committee will be formed to adjust the interest rates, he added. The Finance Minister on Tuesday