Saturday, 01 Mar, 2025

Business

Ex-Google and Uber engineer charged with theft

DHAKA: The US Department of Justice (DoJ) has filed criminal charges against a former senior engineer at Google's owner Alphabet alleging he stole car technology secrets. Anthony Levandowski was charged with 33 counts of trade theft involving Alphabet's self-driving car

Bangladesh signs MoU to export skilled manpower to Japan

DHAKA: Bangladesh has signed a Memorandum of Understanding (MoU) with Japan on cooperation to export skilled Bangladeshi workers in various fields of Japan.  Bangladesh signed a memorandum of cooperation with Japan as the ninth country to send skilled workers. Both sides agreed to

Gold price increases by Tk10,500 per bhori in one year

DHAKA: The price of gold, consumers hoped, would stabilize following the opportunity offered by the government to legalize the precious item. But the situation took an opposite turn as the price of this jewelry making metal increased by Tk 10,556 per bhori in a year. The finest refined

Johnson & Johnson fined in landmark opioid ruling

DHAKA: Drugmaker Johnson & Johnson must pay $572m (£469m) for its part in fuelling Oklahoma's opioid addiction crisis, a judge in the US state has ruled. The company said immediately after the judgement that it would appeal. The case was the first to go to trial out of

UCB organizes workshop on integrity in Chattogram

DHAKA: United Commercial Bank Limited (UCB) organized a workshop on integrity in Chattogram on August 22 of 2019. The workshop was a part of implementing “National Integrity Strategy”. The main aim of the workshop was to create awareness about integrity. Chief Guest of the

Asian stocks drop as US-China trade war escalates

Asian stock markets tumbled on Monday after a sharp escalation in the US-China trade war rattled investors. On Friday, US President Donald Trump announced tariff hikes on effectively all Chinese imports to the US. It came after Beijing said it would impose fresh duties and raise

Rupee declines by 58 paise, hits new 2019 low against Dollar

DHAKA: The rupee opened lower against the US dollar at 72.03 on Monday, and declined to as much as 72.24 - down 58 paise from the previous close - in late morning deals.  That marked the lowest intraday level recorded for the rupee so far in calendar year 2019, reports NDTV. 

No refinancing in 4 state banks: Minister

DHAKA: Sonali, Rupali, Janata and Agrani banks won't be refinanced and moreover, won't be allocated budget anymore. Finance Minister AHM Mustafa Kamal revealed the decision Sunday (August 25). The four state banks have to run by own money, he said.  "This year's

Making Bangladesh the Eskimi Hub of Asia

DHAKA: With another leap towards success, Lutfi Chowdhury, former regional head of Eskimi South Asia has now been appointed as the Managing Director of Eskimi. With this leap, he has also placed Bangladesh as the central hub of this global programmatic and demand-side platform with its

Bashundhara Group chairman gets Indian 'Estate Awards'

DHAKA: Bashundhara Group (BG) Chairman Ahmed Akbar Sobhan was given Estate Awards in India for his outstanding contribution to Bangladesh's real state sector. He received the award under International category.   RE/MAX Global Alliance Senior Vice President Mike Reagan handed

City Bank sues ex assistant vice president Monira Sultana

DHAKA: City Bank Ltd sued its former assistant vice president Monira Sultana Popy on various allegations of blackmailing and harassing attempts against the bank. Head of Court Operation at Legal Division of the bank's head office AKM Ayub Ullah filed the case with Gulshan Police

4th BR Summit in Hong Kong next month

DHAKA: Thousands of officials and businesses are set to exchange insights on multilateral co-operation and explore concrete business opportunities as the 4th edition of Belt and Road Summit will begin in Hong Kong next month, reports NsNewsWire. The mega event will bring together about

Only 10,000 rawhide pieces damaged: Industries Minister

DHAKA: Industries Minister Nurul Majid Mahmud Humayun said out of one crore pieces of rawhides, only 10,000 pieces damaged this year. He said this while holding a tripartite meeting of the government, tannery owners, warehouse owners and other rawhide-related personalities at the

Tanners seek withdrawal of rawhide export decision

DHAKA: Tanners urged the government to withdraw its decision to allow rawhide exports, on the grounds that it might cause a scarcity for the local industry. President of Bangladesh Tanners Association (BTA) Shahin Ahmed placed this demand at a press conference at its office in city’s

Govt. decided to export rawhide

DHAKA: The government has decided to grant permission to export rawhide in order to ensure fair price. Abdul Latif Bakshi, Public Relations Officer of the Ministry of Commerce disclosed this information on Tuesday (August 8). According to the ministry, it is being observed, through

Coca-Cola to invest US $200m in Bangladesh

DHAKA: Coca-Cola, a multinational company that produces soft drinks, will invest US $ 200 million in Bangladesh in the next five years.  Of this, $ 50 million will be invested next year. A six-member delegation of the Coca-Cola Company met with Industries Minister Nurul Majid

Indo-Bangla joint pipeline to bring 1m tonnes fuel oil

DHAKA: The government will jointly construct a pipeline between Bangladesh and India to supply fuel undisputedly and ensure smoother flow in the northern part of the country.  With this pipeline, it will be possible to bring 1,000,000 (one million) tonnes of diesel from India

Gold prices up again

DHAKA: Bangladesh Jewellers Samity (BAJUS) has increased the gold prices again within a day. The revised prices of gold were disclosed in a press release issued by BAJUS on Tuesday (August 7). The price of 1 bhori (11.664 gram) of 22-carat gold rose by Tk 1166. BAJUS on Tuesday

Banks open in city’s animal hat areas before Eid

DHAKA: Bangladesh Bank has asked the scheduled banks to remain open its branches, adjacent to sacrificial animals’ hat in the capital, and to keep open the evening banking for three days before Eid.  Banking Regulations and Policy Department of the central bank on Wednesday (August

Rawhide prices fixed at Tk 45-50 for Eid-ul-Azha

DHAKA: The government has announced the prices of different types of rawhides from animals sacrificed during Eid-ul-Azha, fixing the highest price of cowhides at Tk 45-50 in Dhaka and at Tk 35-40 for outside capital. Commerce minister Tipu Munshi announced the prices of rawhides after