Friday, 28 Feb, 2025

Business

Malaysia picks 25 Bangladeshi recruitment firms to avoid monopolistic practices

Malaysia has accredited 25 Bangladeshi companies to avoid monopolistic practices in the recruitment of workers as well as to safeguard their welfare. The 25 companies were s elected from a list of 1,520 recruitment companies provided by the Bangladesh government. “Initially

RAK to construct Tk 902cr factory for quality tiles 

RAK Ceramics, a listed multinational ceramic tiles and sanitaryware maker is set to construct a new factory to produce value-added products. Snitaryware giant has moved to construct the factory at 100 bighas of land in Gazipur at the cost of Tk 902 crore in this regard. Having daily

BAJUS President Anvir moves to stop harassment of jewellers

Leaders of the Bangladesh Jeweller's Association (BAJUS) said the organisation’s President Sayem Sobhan Anvir takes measures to stop persecution of legal gold traders. They were addressing a programme of the BAJUS organised to mark AGM of Kushtia unit committee and

Bangladesh appoints first female finance secretary

The government of Bangladesh has appointed a female official to the Finance Division as its secretary for the first time. Fatima Yasmin, who was previously a secretary at the Economic Relations Division (ERD), was promoted to the position of senior secretary today. This promotion

Govt to acquire 6.30 lakh tons urea from Qatar

The government is going to procure some 6.30 lakh metric tons of urea fertilizer from Muntajat, Qatar to meet the growing demand of the country. The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a proposal in principle in its 14th meeting this year held today

People in Pakistan urged to reduce tea consumption

People in Pakistan have been asked to reduce the amount of tea they drink to keep the country's economy afloat. Sipping fewer cups a day would cut Pakistan's high import bills, senior minister Ahsan Iqbal said. The country's low foreign currency reserves - currently

Bangladesh seeks further IP facility’s continuation even after LDC graduation

Bangladesh has sought continuation of the existing intellectual property (IP) facility even after its graduation from the least developed countries (LDCs) list. “Considering the impact of Covid-19 pandemic, Bangladesh strongly demanded continuation of IP facility till at least

Gold Park to be built in country: BAJUS

Bangladesh Jeweller's Association (BAJUS) leaders have pledged to build a ‘Gold Park’ in the country aiming to reduce dependency on foreign countries They also said the organisation is working in every district for renovating the sector under the leadership of its

Chapai-Dhaka Special Mango Train launched 

The special mango train with tonnes of mangoes left Rahanpur Rail Station in Chapainawabganj for Dhaka on Monday afternoon, railway authorities said. Chief Transportation Officer of Bangladesh Railway West zone, Shahidul Islam inaugurated the special train service for transporting

BAJUS President for uniting jewellers to revamp gold sector

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir's effort is on to bring all jewellers under an umbrella to forge unity. Leaders of the BAJUS made the remarks at a view exchange meeting at Kishoreganj on Monday (June 13). BAJUS executive member and

Mango special train begins this afternoon 

The Bangladesh Railway is set to launch a ‘special mango train’ on Chapainawabganj-Dhaka route via Rajshahi this afternoon. All sorts of preparations to launch the train from Monday for transporting mango to Dhaka from this mango producing area for the benefit of the

Stock markets slide over global economy concerns

Asian stock markets have fallen sharply as soaring prices in America triggered fears the Federal Reserve will take tougher action to rein in inflation. At the same time the US dollar strengthened to 135 Japanese yen for the first time in over two decades. It comes as official

Bashundhara Cement's workshop to boost skills of masons in Tangail

Bashundhara Cement arranged a workshop for masons in Tangail to boost their expertise in making artistic and sustainable constructions. The workshop titled ‘Masons’ contribution in artistic construction’ was held at a restaurant in Tangail district on Saturday (June

Beef fattening becomes boon for Rajshahi villagers

Beef fattening activities have become vibrant everywhere in the Rajshahi area, as the villagers looking for lucrative profits ahead of the forthcoming Eid-Ul-Azha. This type of beef fattening everywhere in the region has been contributing a lot towards improving living and livelihood

Saudis cut oil flows to China while meeting most Asian requests

Japan, South Korea, Thailand and India will get the oil volumes they had sought, with some even getting extra supplies, according to refinery officials who asked not to be identified as the information is private. Saudi Arabia will provide some Chinese buyers with less crude than they

Corporate tax further reduces in FY23

The government has decided to reduce corporate tax rates further in the proposed budget for new fiscal year (2022-2023). All receipts and income must be transacted through bank transfer, Finance Minister AHM Mustafa Kamal said while placing the proposed national budget for FY23 at

Kamal mentions six major challenges for FY23

Finance Minister AHM Mustafa Kamal saw six major challenges for fiscal year (FY23) and said that the government needs to be pragmatic in addressing these challenges as any failure to address them properly may destabilize the macroeconomic stability.    While placing the

Thailand legalises growing cannabis trade, eases consumption rules

People in Thailand can now grow cannabis plants at home and sell the crop after the nation removed marijuana from its banned narcotics list. The nation is the first to advance such a move in South-East Asia, a region known for its stringent drug laws. But recreational use is still

Export earnings to cross $80b by 2024: Tipu

Commerce Minister Tipu Munshi on Monday (June 6) expressed his hope that the country's export earnings would cross $80 billion by 2024. He said: "We've earlier set an export earnings target of $51 billion in this fiscal year (FY22). Now, we're hoping that this figure

Saudi Arabia raises oil prices more than expected for Asia

Saudi Arabia, the world’s biggest oil exporter, raised oil prices for its largest market in Asia more than expected as major economies in the region eased coronavirus restrictions, helping boost demand, Bloomberg reported.  The increase for July shipments resumes a series of