IFAD Autos PLC.: Changing The Automobile Industry Of The Country
Gold prices surge again after recent declines
DHAKA: Country’s audio-video businessmen Thursday urged the government to apply the TRIPS accord that allows them to run their filming business till 2013 legally bypassing the International Copyright Act.“We want the government to let us run our business with foreign films sans
CHITTAGONG: An apparel-industry worker met his tragic end as the glass-gate of his factory shattered onto his neck in Chittagong Export Processing Zone (CEPZ) on Thursday morning. The management of Tareq-Azim Textile Mills closed the factory announcing a vacation as the rest of the
DHAKA: Food and Disaster Management Ministry has decided to purchase 50,000 metric tonnes of wheat and 30,000 MT boiled rice through international tender. A letter signed by Food and Disaster Management Secretary Barun Dev was sent to the cabinet division Wednesday for approval from the
DHAKA: Police arrested two persons from the city’ Mirpur area along with fake note, computer, printer and fake papers and seals of Bangladesh Road Transport Authority (BRTA) in separate drives.The arrested are Ibrahim and Nazrul Islam alias Joy. Mirpur thana police said this producing
DHAKA: Commerce Minister Lt Col (retd) Faruk Khan Wednesday warned those who would be found involved in raising prices of essential commodities during Ramadan through black-marketing and hoarding would be arrested.“The fake dealers who are selling TCB-imported goods on the open market
SAVAR: President of VF Corporation, a US buyer organization, Angela Langrige Wednesday underscored maintaining good industrial relations between owners and workers to save the readymade garment sector of Bangladesh. “We have to consider the interest of the workers. As a buyer
DHAKA: Dhaka Stock Market (DSE) on Tuesday witnessed five major records in terms of market capital, trading, exchange and rise of DSE and general indexes. The market capital reached at Tk 2,96,010 crore with a rise of Tk 2,419 crore than the previous day, which was the highest market
DHAKA: The Securities and Exchange Commission (SEC) directed country’s two stock exchanges to submit their reports on market monitoring by Wednesday, as the watchdog goes tough so the stock traders play by the book. SEC market-surveillance committee on Tuesday evening issued a letter to
DHAKA: The investors of Mutual funds in the capital market faced financial losses over the last one year for which they blamed stock market regulator Securities and Exchange Commission (SEC). According to the investors, prices of some of the mutual funds dropped by 70-100% per unit in the
DHAKA: The Customs Department is going to sue 555 persons for importing commercial goods through the Express Mail Service (EMS) of the Postal Department on false declaration.Joint commissioner of the Internal Customs Department (ICD) Wahida Rahman Chowdhury told banglanews24.com.bd,
DHAKA: The Securities and Exchange Commission Monday decided to monitor the activities of the market-surveillance committee of the two stock exchanges of the country as a double-check. The committee was asked to report on how it is monitoring share trade on Dhaka Stock Exchange and
DHAKA: A government taskforce has made submission of Tax Identification Number (TIN) and two years’ bank statement mandatory for passengers in getting air ticket for traveling abroad.The taskforce formed by the government to monitor the recruiting agencies took the decision, official
DHAKA: The MV Bashundhara Logistics–21, a new cargo vessel and first formal production of Bashundhara Steel and Engineering Limited (BSEL), an enterprise of Bashundhara Group, set sail Sunday on trial run.The 1800 dead-weight-tonnage coastal cargo craft was built using localresources
DHAKA: An interim agreement for sharing the Teesta waters with India would be signed next year, Foreign Minister Dr. Dipu Moni said Sunday, following some latest developments in the bilateral relations. “The Joint River Commission (JRC) will hold another 2-3 meetings within next
BRAHMANBARIA: Trade through Akhaura land port with North-Eastern India resumed Sunday after a suspension on Saturday over the death of an Indian worker. General Secretary M Monir Hossain Babul of C&F Association of the land port businessmen of India stopped trading at the port the
CHITTAGONG: At least 40 people were injured in stampedes amid fire panic at two garment factories in Kalurghat industrial area in the district Saturday. "Twelve of the injured were rushed to Chittagong Medical College Hospital," said a spot report. Sources said Dress Shirts Ltd of
DHAKA: Bangladesh Bank and other commercial banks lack necessary equipment to detect counterfeit foreign currencies, particularly the dollar, which leaves a chance for swindlers to cheat the commoners with fake notes. Organised gangs of forgers take the chance, resulting in an increase of
DHAKA: Commerce Minister Col (retd) Faruk Khan said Bangladesh, as a least developed country, needs financial assistance from donors for enhancing trade capability, but no aid with strings binding the use."No financial aid for unnecessary project and with illogical conditions would be
DHAKA: A piece of good news for the city-dwellers: buy pure soybean oil at Tk 80, local beef Tk 250 and mutton Tk 350 per kilogram during Ramadan. The rates for the much-consumed essentials for the upcoming month of fast and festivals have been fixed by government authorities.Dhaka City
DHAKA: The Securities and Exchange Commission (SEC) rejected an appeal by the Arafat Securities Limited (ASL) for exemption of fine that the regulator had earlier imposed for irregularities by the brokerage house.The SEC took the decision at its meeting, a competent source confirmed.