Thursday, 27 Feb, 2025

Business

Govt to buy 1.80cr liters soybean oil, 80,000 tons fertilizer

The government will procure some 1.80 crore liters of soybean oil, 80,000 metric tons of fertilizer and 12,500 metric tons of sugar to meet the growing demand of the country. The Cabinet Committee on Government Purchase (CCGP) today approved separate proposals in this regard in its

Netflix expands password-sharing crackdown worldwide

Netflix on Tuesday expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue at the leading streaming television service. "A Netflix account is for use by one household," the company said in a statement.

TikTok sues Montana to overturn first US state ban

TikTok has sued to block the US state of Montana from banning residents from accessing its social media platform. Monday's lawsuit comes after last week Montana became the first US state to pass a sweeping ban on the Chinese-owned video-sharing platform. In a statement, TikTok

Regional sales conference of Bashundhara LP Gas held 

The regional sales conference of Bashundhara LP Gas Limited was held in Cox's Bazar. The conference was organized in the hall room of a hotel in Kalatali on Sunday (May 21) afternoon. According to information, more than hundred distributors and regional officials participated in

Onion import decision within 2-3 days: Abdur Razzaque

The government has said that a decision regarding onion import will be taken within two or three days. Agriculture minister Md Abdur Razzaque made the remark while talking to journalists at his secretariat office on Sunday (May 21). The minister also said, "We will take the

Vegetable prices rise

The prices of vegetables increased abnormally in Dhaka's kitchen markets, triggering further woes for commoners. During a visit to several kitchen markets in the capital on Friday (May 19), it was found that the price of vegetables went up as compared to last week.  Most of

Bangladesh to procure 12,500 tons of sugar from US

The government has approved seven separate proposals under which it would procure some 12,500 metric tons (MT) of sugar from the USA.   The decision was made today (May 17) from the 17th meeting of the Cabinet Committee on Government Purchase (CCGP) this year held virtually with

Elon Musk said he must approve all hiring decisions at Tesla

Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, according to a copy of the email seen by Reuters. “No one can join Tesla, even as a contractor, until you receive my email approval,” Musk said in the email on

Sugar price to drop by two days: Tipu Munshi

Commerce Minister Tipu Munshi has said the price of sugar go down within a day or two.  Besides, actions will be taken against those who will sell sugar beyond the fixed price, the minister said.    He made the remark while addressing an event at National Press Club

30 countries now ready to accept BRICS currency

A growing number of countries are showing interest to join the BRICS alliance and accept the new currency. BRICS could soon become BRICS+ as the South African ambassador, Anil Sooklal hinted that the alliance could expand this year. The decision to allow other countries to join the

Premier Bank holds Annual Risk Management Conference 2023

The Premier Bank Limited held “Annual Risk Management Conference 2023” at R-Events at Renaissance Dhaka Gulshan Hotel recently. Freedom Fighter Dr. H.B.M. Iqbal, Chairman of the Board of Directors of Premier Bank graced the occasion as Chief Guest; Mr. Mohammed Nurul Amin,

NEC approves Tk 2.63 lakh crore ADP 

The National Economic Council (NEC) today approved a Taka 2.63 lakh crore original ADP (annual development programme) for the next fiscal year (FY24). The approval came from a meeting of the NEC held today with its chairperson and Prime Minister Sheikh Hasina in the chair. Out of

Govt to procure oil, sugar worth Tk 215cr for TCB

The government will procure soybean oil and sugar of worth Tk 215 crore 10 lakh and 10 thousand for the Trading Corporation of Bangladesh (TCB). Of the amount, Tk 18 crore 30 lakh and 20 thousand will be spent for the purchase of soybean oil while Tk 66 crore 79 lakh and 90 thousand

Bashundhara Group greets Janata Bank’s new MD Abdul Jabbar

Bashundhara Group Chief Operating Officer, Banking (Sector-B), Razib Samad greets newly appointed Managing Director and CEO of Janata Bank Limited Md Abdul Jabbar by presenting him with a bouquet in the capital on Monday . Md Mizanur Rahman, DGM (Banking) of the group was also present

Kuwait jobs: Bangladeshis, Indians, Filipinos needed to fill ‘labour shortage’

Kuwait’s First Deputy Prime Minister and Interior Minister, Sheikh Talal Al-Khaled Al-Sabah, has instructed authorities to take measures to open recruitment of expat workers from new countries, according to a report by Kuwait Times. The workers must be from countries other than

Bangladesh, UK sign deal to establish 'Aviation Partnership'

A Joint Communique has been signed between Bangladesh and the United Kingdom (UK) in a bid to establish an 'Aviation Partnership' for the necessary cooperation in the development of Bangladesh's aviation sector.   Prime Minister's Private Industry and Investment

Commodity prices go up in Dhaka’s kitchen markets

Consumer suffering increased as the prices of various essential commodities are skyrocketing in kitchen markets across the capital.  On Friday (May 5), traders from several kitchen markets in the capital sold green chillies at Tk 100 - Tk 120 per kg, papaya at Tk 60 - Tk 70 per kg

Korea-Bangladesh sign concessional loans of $3 billion

Korea and Bangladesh signed a new Framework Arrangement for $3 billion of concessional loans. This arrangement was signed for the Economic Development Cooperation Fund (EDCF) for the year 2023 through 2027 in Korea.  The signing ceremony was held on the occasion of 56th Annual

Airfares in BDT instead of USD from July 1 

The civil aviation ministry said airlines operating in Bangladesh will have to set flight fares in taka instead of dollars from July 1. The move will bring relief to the flyers who have been paying more as the taka loses value against the dollar. Bangladesh Association of

Biden pick Ajay Banga gets top World Bank job

Former Mastercard boss Ajay Banga has been elected to lead the World Bank as it strives to help low-income countries overcome debt and combat climate change. Mr Banga, nominated by President Joe Biden for the post, is the first-ever Indian American to head the bank. He will replace