Saturday, 01 Mar, 2025

Business

Huge alcohol, beer seized at Fu Wang Club, 3 staff held

DHAKA: Members of Rapid Action Battalion in a raid seized huge amounts of illegally imported cigarettes and cans of beer and alcohol from Fu Wang Club at the capital’s Tejgaon area early Thursday (Sep 26). The elite force also arrested three staff, including two salespersons, during

3-day Asian tourism fair kicks off at ICCB

DHAKA: The three-day 8th Asian Tourism Fair (ATF, Dhaka) kicked off at International Convention City, Bashundhara (ICCB) in the capital city of Bangladesh from September 26 to mark World Tourism Day (September 27). Parjatan Bichitra organized the fair with the assistance of Parjatan

Syngenta Bangladesh announces 15 percent dividend

DHAKA:  Syngenta Bangladesh Limited, one of the leading multinational companies in crop protection and seed business, announced 15 percent cash dividend for its shareholders for the year of 2018. The board of directors of Syngenta Bangladesh Limited declared the dividend at its annual

Onion price coming down due to import

DHAKA: Price of onion has lowered quickly due to rise of daily import from Myanmar, Egypt and Turkey, said Commerce Secretary Dr. Md. Jafar Uddin. “There is no shortage of onion in the market. Consumers should not panic,” Dr. Md. Jafar Uddin said while discussing the market

Bank accounts of Khalid, GK Shamim among casino owners frozen

DHAKA: Bangladesh Financial Intelligence Unit (BFIU) directed authorities concerned to freeze the bank accounts of casino businessmen, including arrested Jubo League leaders Khalid Mahmud Bhuiyan and GK Shamim. At the same time, it sought information on GK Shamim's bank account

US Microcredit Programme Expanding

Nobel Laureate Professor Muhammad Yunus inaugurated two new branches at Long Beach and Fresno--a city 225 miles north of Los Angeles. Long Beach branch is funded by East West Banks and Fresno branch is funded by the Bank of the West. Dominic Ng, founder, Chairman, and CEO of East

China set to release pork from national reserves

DHAKA: China is set to release pork supplies from its central reserves as it moves to tackle soaring prices and shortages caused by an outbreak of swine fever. A state-owned firm will auction 10,000 tonnes of frozen pork from its strategic reserves on Thursday. China, the

Premier Bank inks a deal with BB refinance scheme

DHAKA: The Premier Bank Limited has signed an agreement with Bangladesh Bank refinance scheme of Taka 300.00 crore to support export oriented Jute Mills, Raw Jute Traders & Exporter to purchase raw jute from the Jute cultivators ensuring fair price of Jute. Md. Habibur Rahman, General

Paperfly Launches “Smart Return”

Once again Paperfly is taking the lead to solve a critical problem for the E-commerce sector of the country. “Return” has been a massive concern for all the E-commerce players, as almost 24% products get returned out of all online orders. Both the e-commerce and their logistics

TCB starts onion sale to rein in price hike

DHAKA: The government has started selling onion through the state-owned Trading Corporation of Bangladesh (TCB) on Tuesday (September 17) at Tk 45 per kg to cool down skyrocketing prices of this widely consumed item in the local markets. Meanwhile, customers have been seen buying

Oil prices soar after attacks on Saudi facilities

DHAKA: Oil prices surged after two attacks on Saudi Arabian facilities on Saturday knocked out more than 5% of global supply. Brent crude jumped 10% to $66.28 a barrel, while West Texas Intermediate rose 8.9% to $59.75 in Asian trading, reports BBC. Prices pulled back slightly after

Premier Bank receives WASA Bill Collection Award'

DHAKA: The Premier Bank Limited achieved 3rd position amongst 33 banks for collecting the bill in the financial year 2018-19 selected by Dhaka WASA. A program titled 'Dhaka WASA Bill Collection Award' was held at Pan Pacific Sonargaon Hotel in the capital on September 14 of

UCB receives ‘Bill Collection Award’ from Dhaka WASA

DHAKA: United Commercial Bank Limited (UCB) received ‘Bill Collection Award’ for the financial year from Dhaka WASA on 14 September 2019. Mr. Mohammed Shawkat Jamil, Managing Director of UCB received the award from Mr. Md. Tazul Islam, MP; Minister, Ministry of Local Government,

Star Kabab, Ghoroa restaurant managers jailed

DHAKA: Managers of two restaurants in the capital have been sentenced on charges of selling unhealthy food to public. As part of an anti-food adulteration campaign, Executive Magistrate SM Shanto Noor Chowdhury of Dhaka South City Corporation (DSCC) on Thursday (September 12) sentenced

bKash App changed with interactive services

DHAKA: bKash app has been revamped with more personalized and interactive services to help users take precise decisions while doing financial transactions.  From Thursday (September 12), the new version of bKash app is available to update or download from Google Play Store and Apple

Akij Group wins ‘Best Employer Brand Award 2019’

DHAKA: This year, Akij Group has received ‘Bangladesh Best Employer Brand Award 2019’ and also the ‘Dream companies to work for’.  These prestigious awards were handed to Akij Group in an award giving ceremony at a hotel in the capital recently, organized by World HRD

Meghna Group abusing bond facility

DHAKA: A vested quarter led by Meghna Group has become desperate to get bond facility to import raw materials for producing consumer goods with an ulterior motive to create a monopoly and destabilise the local market. They seek the bond facility for the factories located in the

932 tortured Bangladeshi women workers return from Saudi in 8 months

DHAKA: A total of 932 Bangladeshi women workers, who faced various types of torture including the sexual one, returned home voluntarily from Saudi Arabia in last eight months from January.  The women who took shelter in 'Safe Home' of Bangladesh Embassy in Riyadh in different

Gold prices fall by Tk 1,166 per bhori

DHAKA: Gold prices dropped by Tk 1,166 per bhori in Bangladesh after increase in several phases since August 2018 to August this year. Bangladesh Jewellers' Samity (BAJUS) issued a press release regarding the new price-list Tuesday (September 10). The new chart will come into

Alibaba begins new era as founder Jack Ma departs

Alibaba chairman Jack Ma is due to step down from the e-commerce giant on Tuesday, marking the end of an era for the firm. The former English teacher co-founded Alibaba in 1999 and it has become one of the world's biggest internet firms. Mr Ma's success and colourful style