DHAKA: The first freight train carrying 50 containers of fast-moving consumer goods (FMCG) and apparel products from India arrived at Benapole via Benapole-Petrapole rail link. The products were handed over to Bangladesh authorities on Sunday, said a press release issued by Indian High

DHAKA: Bashundhara restaurant chain’s products are now available in online marketplace Evaly and people now can easily get home delivery of products by using internet and mobile app. Three eateries including Food Hall, Sunflower Restaurant and international kebab franchisee Baba

Goldman Sachs has reached a $3.9bn (£3bn) settlement with the Malaysian government over the multi-billion dollar 1MDB scandal. The settlement includes a $2.5bn cash payout by Goldman and a guarantee to return at least $1.4bn in assets linked to 1MDB bonds. US officials have so

Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated

DHAKA: Bashundhara Group Managing Director Sayem Sobhan Anvir paid a courtesy call on Bangladesh Petroleum Corporation (BPC) Chairman Md Shamsur Rahman at the latter’s office in the capital on Wednesday (July 22). BDST: 1910 HRS, JULY 22, 2020 AP

DHAKA: Key share price index in the country’s both bourses — Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — closed the session in negative on Sunday (July 19), the first trading day of the week.  DSE turnover has reached Tk 2344.47 million changed hands while

DHAKA: Parcel train service between Bangladesh and India has begun for the first time in a bid to speed up the bilateral trade between the two neighboring countries. The first parcel train carrying dry Chillies from Andhra Pradesh, India arrived at Benapole port, said press release

The president of Emirates said the Middle Eastern airline is set to cut as many as 9,000 jobs because of the coronavirus pandemic. It is the first time the world's biggest long-haul carrier has disclosed how many jobs will be lost. Prior to the crisis, Emirates had 60,000 staff.

DHAKA: The businessmen have been given special facility of rescheduling their debts with a 2 percent down-payment while purchasing rawhide of sacrificial animals during the Eid-ul-Azha. Bangladesh Bank issued a circular in this regard on Sunday (July 5). The traders can avail this

DHAKA: Pathao Cars on Thursday (July 2) officially resumed its services with almost 2,000 BRTA enlisted cars after a 3-month hiatus due to the COVID-19 pandemic. Pathao’s topmost priority is to ensure best service for both our users and drivers, a press release said.  Pathao has

DHAKA: The government has decided to send 24,886 employees of state-owned jute mills into early retirement through ‘golden handshake’ scheme. Textiles and Jute minister Golam Dastagir Gazi came up with the announcement in an online briefing on Sunday (June 28), "We can't

DHAKA: The country's foreign exchange reserve reached to all-time high at $35 billion thanks to surging remittance despite the coronavirus pandemic. The reserve hit new record on June 23 in just 20 days of hitting $34 billion mark on June 3 this year.  Bangladesh Bank sources

DHAKA: Country’s leading business conglomerate T. K. Group handed over 20 Ventilator Machine in Chittagong Medical College, Chittagong General Hospital, Chittagong Field Hospital, Parkview Hospital and Surgiscope Hospital for Corona patient treatment support.  T. K. Group Managing

DHAKA:  As a brand that has always maintained that the difference between ‘ordinary’ & ‘extraordinary’ is the decision to move beyond fears & self-doubt; Mountain Dew is once again set to inspire the youth of Bangladesh to overcome their fears through its "Bhoyer Porei Joy"

DHAKA: Qatar Airways has received an approval to operate flights to and from Bangladesh from 16 June, operating 3 flights per week, according to press statement by the airline issued Wednesday. Following a NOTAM put in place almost three months ago on 22 March, unfortunately a large

DHAKA: The Asian Development Bank (ADB) has approved a $100 million loan to expand the coverage of an ongoing rural road network improvement project in Bangladesh, connecting the rural population to agricultural development zones. This additional financing will scale up the current

Emirates has laid off over a thousand employees including 700 cabin crew and 600 pilots, most of whom flew the superjumbo Airbus A380 or were in training for type-rating the aircraft, sources familiar with the matter told Arabian Business.  "We have endeavored to sustain the current

The global economy, which has plunged into a severe contraction, will shrink by 5.2 per cent this year due to the massive shock of the coronavirus pandemic and the shutdown measures to contain it, the World Bank said on Monday. The COVID-19 recession is the first since 1870 to be

DHAKA: The COVID-19 pandemic is severely affecting the country’s real estate and housing sector that contributes a significant percentage to Gross Domestic Product (GDP).  The construction industry is also closely connected with rod, cement and ceramic, among 458 sub-sectors and all

Though the global demand for shrimp is continuing to rise, Bangladesh is losing the market due to the inability of producing cheap and high-yielding Vannamei shrimp. Bangladeshi farmers are still dependent on expensive black-tiger species while neighbouring countries produce shrimp