DHAKA: World Bank (WB) forecast the Gross Domestic Product (GDP) growth rate of Bangladesh at 7.2 per cent for the fiscal year 2019-20. WB’s Dhaka office published a report titled ‘Bangladesh Development Update October 2019: Tertiary Education and Job Skills’ on Thursday (October

DHAKA: The government has started giving an incentive of two percent in remittance sent by expatriate Bangladeshi to encourage them sending money through legal channels, Finance Minister AHM Mustafa Kamal said.  “It has been made effective since July 1, 2019,” the minister said

DHAKA: Dhaka South City Corporation (DSCC) Mayor Sayeed Khokon said that if anyone wants to destabilize the onion market by hiking prices or selling more than the government-fixed price. He came up with the warning note while talking to reporters during visit to Palashi Bazar in the

DHAKA: Bangladesh has joined Medical & Pharmaceuticals Trade Fair in Riyadh of Saudi Arabia that started on Monday (Sep 30).   The Saudi Food and Drug Authority (SFDA) has arranged the three-day expo and its third annual conference.  The Bangladesh Embassy in Riyadh informed this

CHATTOGRAM: Chattogram district administration started raiding wholesale hub of onion at Khatunganj in the port city on Tuesday (Oct 1) morning.  Executive Magistrates Md Touhidul Islam and Md Ashraful Alam are leading the drive that started from 11am. Magistrate Md. Ashraful Alam

On September 27th, Final Report of the Financial Sector Commission on Modern Slavery and Human Trafficking was formally released in the UN as an important UN event in New York. This Commission was set up during the UN General Assembly meeting of the previous year at the initiative of

BENAPOLE (JASHORE): After seven long years, Bangladesh government has allowed export of 500 metric tonnes of hilsa on the occasion of Durga Puja. In the first shipment, eight trucks carrying 30 metric tonnes of hilsa entered India through the Benapole port. Assistant Revenue Officer

DHAKA: Commercial operation of digital payment app Dmoney has been launched. Operation began at a press conference at the Westin Hotel in Dhaka on Monday (Monday 29).  Mr. Anjan Chowdhury, Chairman of Dmoney and Director, Square Group, Mr. Md. Mezbaul Haque, General Manager,

DHAKA: India has prohibited exports of onions in the wake of its rising prices in the country. The commerce and industry ministry on Sunday amended the export policy of onion from free to prohibited. India exported fresh and chilled onions worth $496.82 million in 2018-19. “Export

DHAKA: Country’s biggest online market place Daraz Bangladesh Limited (Daraz.com.bd) has launched ‘Fan Meet’ to facilitate communication between customer and high officials. Through ‘Fan Meet,’ supervised by Daraz Fan Club, customers can talk to high officials in person.

BENAPOLE: The first shipment of 500 metric tonnes of hilsa fish, allowed by the Bangladeshi government on the occasion of Durga Puja, will be exported to India through the Benapole port on Sunday (Sep 29). Some 24 metric tones, the first shipments of hilsa fish is going to India on

American Chamber of Commerce in Bangladesh (AmCham) held its 23rd Annual General Meeting (AGM) on September 26. The meeting took place at its own office premises at The Pearl Trade Centre, Pragati Sharani, Dhaka. AmCham President Md. Nurul Islam presided over the meeting. Mr.

NEW YORK: Highlighting Bangladesh’s liberal investment policy, Prime Minister Sheikh Hasina sought more US investment and engagement for Bangladesh’s further development. The premier was addressing a “Luncheon Roundtable Meeting” organised by the US Chamber of Commerce at Lotte

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

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

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

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

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

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

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