Tuesday, 26 Nov, 2024

Business

Air France freezes low-cost plan in bid to end strike

DHAKA: French flag carrier Air France on Monday offered to freeze the expansion of its low-cost operation in a bid to end the longest strike at the airline since 1998.As the strike entered its second week, management said it would halt the development of its leisure subsidiary

Tax return thru’ online from 2015

DHAKA: National Board of Revenue (NBR) member Bashir Uddin Ahmed said that income tax return can be submitted through online from next year.He came up with the assertion while talking to media at National Income Tax Fair in city on Monday.Bashir Uddin said that the time for submitting

Taxpayers rise from 60 thou to 6 lakh

DHAKA: With the slogan of ‘Aykore prabriddhi, desh o dosher samriddhi’ (growth in income tax, prosperity in country) the 5th National Income Tax Fair is going on across the country.The fair, organized by National Board of Revenue (NBR), aims to sweep away the fear regarding income

Arastoo Khan Agrani Bank acting chairman

DHAKA: Planning Commission member Arastoo Khan has been appointed as acting chairman of state-owned Agrani Bank.The bank and financial institutions division of finance ministry on Sunday issued a gazette notification in this connection. The post fell vacant on September 7 as the

Stock end higher Monday

DHAKA: Country's stock market marked gain in its price indices on Monday.The broad index of Dhaka Stock Exchange, DSEX, rose over 11 points only to stand at 4,914 at the close on the second trading day of the week.Trade deals stood at 220,249 with volume of transactions at Tk 9,923

Fate of Air France in the balance

DHAKA: France’s transport minister warned on Sunday that the fate of Air France was in the balance as the flag carrier prepared to enter the second week of a crippling pilots’ strike.The stoppage, which has already run for seven days, is the longest suffered by Air France in 16

5-day Int’l fair ahead of Eid-Puja

DHAKA: ‘Bangladesh Fashion Carnival-2014’, a five-day international fair of branded clothing and fashion products is going to be started from Wednesday at city’s Emmanuell’s Banquet Hall in Gulshan-1.Sources told banglanews that about 40 companies from home and abroad are

Supplier’s credit approved US$ 125.05 mln

DHAKA: The 89th meeting of the Scrutiny Committee for approval of foreign loan/supplier’s credit was held Sunday at Bangladesh Bank. The meeting was presided over by Dr Atiur Rahman, Governor, Bangladesh Bank and Convener of the committee, while the Committee members including

RMG workers’ wages by Oct 2

DHAKA: State Minister for Labour and Employment Mujibul Haque Chunnu said that the salary and allowances of readymade garment workers would be paid within October 2. After a meeting the state minister disclosed the matter to journalists on Sunday. BDST: 1338 HRS, SEP 21, 2014

ACC nods charge sheet against 10

DHAKA: The Anti-Corruption Commission approved charge sheet against 10 people including 10 Sonali Bank officials for embezzling about six crores taka. The approval came from regular ACC meeting and the charge sheet will be submitted by this week, said ACC source. BDST: 1304 HRS, SEP 21,

Bourses see gain Sunday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Sunday.The broad index of Dhaka Stock Exchange, DSEX, rose over 47 points to stand at 4913 at the close on the first trading day of the week.Trade deals stood at 180737 with transaction at Tk 9,813

Rajib Nando’s Grillers Contest winner

DHAKA: Nando’s Grillers Challenge contest winner Rajib will fly for London Master Griller crown challenge-2014. The contest was held at its Gulshan-1 outlet in the capital on Saturday.  Contestants made popular ‘pedi pedi chicken grills’ within fifteen minutes and then the Judges

Rains bring sufferings at tax fair

DHAKA: Rains have disrupted the ongoing Income Tax Fair in city that falls on the fifth day on Saturday. The National Board of Revenue (NBR) sources said that the board has got some 104,970 new tax payers and 1,658 of them have already registered their names. NBR has collected Tk 157.62

Alibaba IPO raises record $21B

DHAKA: Alibaba, the Chinese e-commerce giant, secured its place in history Thursday as the largest U.S.-listed initial public offering (IPO) of all time. The stock priced at $68 per share. That's at the top of the expected range, signaling strong demand. Only large investors like hedge

Tube-light becoming more power saver

DHAKA: Tube-light, which is already popular as power and cost saver than regular bulb, is going to be more power saver. Sources told banglanews that Bangladesh Steel & Engineering Corporation (BSEC) recently has taken some initiatives to make tube-lights more power saver. The BSEC,

11 NRBs get CIP cards

DHAKA: Eleven Non-Resident Bangladeshis (NRBs) have received Commercially Important Persons (CIP) cards for their outstanding contribution to the country’s economy. Expatriates’ welfare and overseas employment minister Khandker Mosharraf Hossain handed over the cards to 10 of them at

Same price for CNG, Octane recommended

DHAKA: Parliamentary Standing Committee on Ministry of Power, Energy and Mineral Resources recommended the same price for Octane and compressed natural gas (CNG) by increasing CNG price. The committee also proposed for more subsidies on Liquefied Petroleum Gas (LPG) to increase the use

Sonali Bank sues Paragon Group

DHAKA: Sonali Bank filed a money loan case against Paragon Printing and Packaging Limited for realizing around TK 8-crore.On behalf of the Sonali Bank, its executive officer Abdus Salam filed the case with money loan court at 11:00am Thursday.After filing the case, he told banglanews

Bourses see significant gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 67 points to stand at 4866 at the close on the last trading day of the week. Trade deals stood at 196174 with transaction at Tk

SA Chowdhury new Janata Bank chairman

DHAKA: Government has appointed Sirajuddin Ahmed Chowdhury as new chairman and director of directorial body of Janata Bank Limited for next five years.The Bank and Financial Institutions Division of the Ministry of Finance issued a circular on Wednesday some eight days after the post