Saturday, 23 Nov, 2024

Business

Airtel to launch 3G in October

DHAKA: One of the leading mobile operators Airtel Bangladesh is going to launch 3G service in October in Dhaka and Chittagong primarily.Airtel Bangladesh Chief Executive Officer (CEO) and Managing Director Chris Tobit came up with the disclosure at Banani, Airtel office in a press

Tokyo riskiest city for business

DHAKA: Japan’s Tokyo-Yokohama region is the riskiest place in the world to do business, in terms of the potential human and economic costs of a possible natural catastrophe.A study found on Wednesday, reports The Straits Times.The study, by reinsurer Swiss Re, ranked 616 cities around

ACC to hold dialogue in 64 dists

DHAKA: Anti Corruption Commission (ACC) is set hold dialogues with candidacy aspirants in the upcoming general election from various political parties including Awami League and BNP in all 64 districts. ‘ACC Talks’ would be arranged to make both candidates and voters aware about

Tea prices flat, sales drop

DHAKA: Tea prices showed a little change at a weekly auction on Tuesday due to weak demand from local buyers, as sales volume also dropped in spite of a fall in supplies.   The average price of tea was Tk 195.08 ($2) per kg against Tk 195.22 in the previous sales, said an official of

BD to import 50,000 tonnes wheat

DHAKA: State grains buyer issued an international tender on Wednesday to import 50,000 tonnes of wheat, for the fourth time in 2012-12FY.Sources said that the deadline to submit offers is October 1, with validity up to October 9, under the condition that the wheat is to be shipped in 40

RMG workers’ bank account with Tk 100

DHAKA: From now, all readymade garment workers can open a bank account with only Tk 100.Bangladesh Bank (BB) has directed all government and private banks in this regard through a gazette notification.BB assistant spokesman AFM Asaduzzaman confirmed the matter to banglanews on

DHL drives road safety in Bangladesh

DHAKA: DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, in conjunction with Awareness of Defensive Driving & Road Engineering for Safe Society (ADDRESS), held a workshop recently to provide both DHL Bangladesh’s drivers as well as its vendors’

Bangladesh still Number One

DHAKA: Retailers are betting on Bangladesh`s garment industry more than that of any other country in the coming years, new research shows, despite recent deadly factory accidents that have put their reputations at risk.Bangladesh`s $20 billion garment business came out ahead of smaller

Stocks see fall Tuesday

DHAKA: Investors witnessed fall in the benchmark indices of the country’s bourses on Tuesday.The key index of Dhaka Stock Exchange, DSEX, shed over 19 points to stand at 4,118 at the close on the day trading.Trade deals stood at 1,70,420 with transaction at Tk 6,294 million. Of the

IFIC opens Cash Booth at Uttara

DHAKA: IFIC bank, Private Commercial Bank opened one more Cash Booth (utility collection booth) at Uttara in the capital Monday. Former President and Chairman of Uttara Women’s Medical College Dr AQM Badruddoza Chowdhury inaugurated the booth at the college premises.Member Secretary of

World Bank warns on US debt crisis

DHAKA: The president of the World Bank, Jim Yong Kim, has warned that the United States is just ‘days away from a very dangerous moment’ because of the government’s borrowing crisis.He urged US policymakers to reach a deal to raise the government’s debt ceiling before Thursday’s

DU-IFIC Bank Sign Trust Deed

DHAKA: A Trust Deed between University of Dhaka (DU) and IFIC Bank Ltd was signed on Thursday at a simple ceremony held at the Vice Canceller’s office of the university. Treasurer of university Professor Dr M Kamal Uddin and Managing Director of IFIC Bank Ltd Shah A Sarwar signed the

Biman seeks managing partner

DHAKA: Biman Bangladesh Airlines is looking for a Gulf-based or South-east Asia-based airline investor and partner after the government cleared the launch of its maiden IPO offer.The national carrier has floated a tender to offload 61 percent of the government`s stake to a strategic

Blackberry to slash global workforce by 4,500

DHAKA: Blackberry has said it will cut 4,500 jobs as the struggling Canadian smartphone maker retrenches in the face of hefty losses and weak sales of its new handsets.The once high-flying international market leader said on Friday it expected to report a net operating loss next week of

Stocks witness mixed

DHAKA: Both the country’s bourses witnessed mixed trend in share-price indices on Wednesday.The key index of Dhaka Stock Exchange, DSEX, shed over two points to stand at 4,143 at the close on the last trading day of the week.Trade deals stood at 1,70,178 with transaction at Tk 6,529

ACC quizzes 6 Agrani Bank DGMs

DHAKA: Anti-Corruption Commission (ACC) has quizzed six Deputy General Managers of Agrani Bank, central branch over loan scam.An ACC investigation team led by deputy director Md. Nasir Uddin quizzed them for four-hours at Anti Corruption commission headquarters in the capital on

Draft of MLM Control Act okayed

DHAKA: The government approved the draft of Multi Level Marketing (MLM) Control Act-2013 on Monday.The approval came from the regular meeting of the cabinet at secretariat with Prime Minister Sheikh Hasina in the chair.Cabinet secretary Mosharraf Hossain Bhuiyan confirmed the matter to

Ericson, NSN, Huawei partners of Robi 3G

DHAKA: Leading mobile operator of Bangladesh Robi Axiata Ltd announced Ericson Bangladesh Ltd, Nokia Siemens Network Ltd (NSN) and Huawei Technologies as its partners to provide the 3.5G service in the country.The announcement came from a press conference held at the Ruposhi Bangla Hotel

Report submitted; 25 accused

DHAKA: After a long waiting, the report about much-talked Hall-Mark scandal was submitted to the Anti Corruption Commission (ACC).An ACC team led by ACC investigation department director general Zia Uddin Ahmed submitted the report on Sunday.The report included the names of 25 officials

Bashundhara loan fulfills people’s dreams

BRAHMANBARIA: Easy bike owner, who used to pull rickshaw in the capital and could hardly manage livelihood, now leading life blissfully with the grace of interest free loan scheme by Bashundhara Group, country’s leading business conglomerate.The fortunate one is Firoz Mia, resident of