Air Asia Berhad executive chairman Kamarudin Meranun inaugurates a sales outlet of the airlines at Banani in Dhaka on Monday. Shah Group chairman KM Mozibul Hoque and Air Asia’s Bangladesh chapter chief operating officer Nehal Ahmed were also present, among others. — New Age photo Air Asia plans Dhk-Bali flight Visiting Air Asia Berhad executive […]
Between poverty and slow growth, Russia’s economic future uncertain Outside a metro station in Saint-Petersburg, 70-year-old Irina Semyonova is selling homemade tomato-and-aubergine preserves as a way to supplement her pension which she says is just not enough to live on. After paying her bills and buying medicine, she says only 4,000 rubles ($70/57 euros) are […]
Apparel exports to new markets on the rise Garment exports to non-traditional markets rose 3.77 percent year-on-year to $2.56 billion in the July-January period of the current fiscal year thanks to preferential trade benefit and fiscal incentive. Apparel shipments fetched $2.47 billion in the same period last fiscal year, according to data from the Export […]
Mirza Azam, state minister for textiles and jute, speaks at a seminar on diversification of jute for developing the industry at the office of the DCCI in the capital yesterday. Hossain Zillur Rahman, former adviser to the caretaker government, and Abul Kasem Khan, president of DCCI, were also present. Photo: DCCI Jute could be next […]
Govt getting ready to celebrate LDC graduation The government is taking elaborate preparations to organise nationwide celebrations to mark the beginning of Bangladesh’s graduation from the least developed countries category. A mission by the Secretariat of the UN Committee for Development Policy (CDP) to Dhaka in mid-October last year confirmed that the country is likely […]
Taskforce formed to involve NRBs in national dev The government has for the first time formed a taskforce to increase involvement of non-resident Bangladeshis (NRBs) in national development, taking into account the around $14 billion they remit every year on an average. The Economic Relations Division (ERD) formed the 11-member taskforce to formulate an institution […]
Tran Dai Quang, president of Vietnam; Tofail Ahmed, commerce minister, and Shafiul Islam Mohiuddin, president of FBCCI, attend the Vietnam-Bangladesh Business Forum, at Sonargaon hotel in Dhaka Yesterday. Photo: Star Vietnamese keen to invest in telecom, textile Vietnam wants to invest in telecom, agriculture, IT, textile, oil and gas, infrastructure sectors of Bangladesh due the country’s […]
Software, ICT need special attention in budget: BASIS The Bangladesh Association of Software and Information Services (BASIS) has demanded that at least 5 percent of the allocation for digitisation in the upcoming national budget be especially reserved for software and ICT items. The government allocated Tk 9,242 crore to specifically ensure digital services for citizens […]
App launched for better labour management The government yesterday launched a mobile application to ensure quality labour management in the industrial sector. The Labour Inspection Management Application or LIMA will improve the collection, storage and analysis of labour inspection data. The development of LIMA has been supported by the International Labour Organisation’s Improving Working Conditions […]
Bangladesh Bank governor Fazle Kabir speaks at the inaugural session of a two-day Regional Banking Conference 2018 jointly organised by Bangladesh Institute of Bank Management, Financial Institutions Training Institute of Bhutan, National Institute of Bank Management of India and National Banking Institute of Nepal at the BIBM in Dhaka on Sunday. BIBM director general Toufic […]