Wednesday, 08 Jan, 2025

Business

Safwan Sobhan honoured at Oxford conference

Bashundhara Group Vice Chairman Safwan Sobhan has been honoured at an international conference at the University of Oxford for his excellence in social and business fields. According to a press release, European Business Assembly (EBA) conferred the ‘Grand Star of Success

Japan’s inflation hits 40-year high

Japan’s inflation has hit a four-decade high, raising pressure on the central bank to roll back its massive stimulus. Prices rose at their fastest pace since 1981 in November, data showed on Friday, fuelled in part by higher energy costs. Core inflation, which excludes

EWMGL becomes highest taxpayer for 7th time

East West Media Group Limited (EWMGL), a media concern of the country’s largest business conglomerate Bashundhara Group, has achieved the highest taxpayer status in “Print and Electronic Media” category. The Ministry of Finance published a gazette comprising names of

Safwan Sobhan Tasvir highest tax payer in young category

Bashundhara Group Vice Chairman Safwan Sobhan Tasvir has been regarded as the highest tax payer in young category (below 40 years). The Ministry of Finance published a gazette comprising names of the highest tax payers under various categories on December 18. Five persons have

BATB on track to attain AWS Gold Certification for equitable water use

BAT Bangladesh is awaiting Alliance for Water Stewardship (AWS) Gold Certification for sustainable water use in its facilities in Dhaka and Kushtia that would undergo a surveillance audit this month. It had earlier this year secured AWS core certification that has made it the first

BB fund to use undisbursed portion of farm loans

Bangladesh Bank (BB) has decided to make a fund titled 'Bangladesh Bank Agricultural Development Common Fund (BBADCF)' in a bid to increase farm production. Under the initiative, banks would deposit money equivalent to the undisbursed amount of farm and rural loans in the fund

BAJUS led by Anvir active than ever: Central leaders

Bangladesh Jewellers Association (BAJUS) led by its President Sayem Sobhan Anvir is more dynamic to push the sector forward, according to the central leaders of the organisation. They came up with the observation at a view-exchange meeting of BAJUS with its Brahmanbaria unit office

Cut fare for Dhaka metro rail by half: Jatri Kalyan Samity

Bangladesh Jatri Kalyan Samity (JKS) has demanded the government-fixed fare rate for the Dhaka metro rail be reduced by 50 percent. The association claimed it is unreasonable to fix the fare at double of what the Dhaka bus charges, without considering any passenger opinion or

Gold industry ready to lead country’s development journey: Sayem Sobhan Anvir

Bashundhara Group Managing Director and Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir has said the gold industry is ready to lead the country's development journey. "The gold industry has potential to grow further. My responsibility was to organise

Bashundhara Group MD Sayem Sobhan Anvir gets TRUB Award

Bashundhara Group Managing Director Sayem Sobhan Anvir has been accorded special honouray award at the 28th edition of Television Reporters Unity of Bangladesh (TRUB). He got the award for his contribution to the field of industry, business and sport. Noted litterateur and Kaler kantho

Edible oil prices drop by Tk 5/litre

The prices of palm and soybean oil have decreased by Tk 5 per litre in the retail market in the country. The new price rate will be effective from December 18, the commerce ministry said in a circular today (Dec 15).  According to the new rate, one-litre bottled soybean oil

Renaissance Dhaka Gulshan Hotel launches fine dining restaurant and bar -SEAR

Renaissance Dhaka Gulshan Hotel launched their fine dining global cuisine restaurant and bar- SEAR on Wednesday (Dec 14). The restaurant was inaugurated by Premier Group Ltd Chairman Dr HBM Iqbal along with the Advisor to Prime Minister Salman F Rahman, Finance Minister AHM Mustafa

Govt to buy 2.75cr litres Soybean oil for TCB 

The government will buy 2.75 crore litres of Soybean oil from local suppliers for Tk 184-186 per litre. The decision came from a meeting of the Cabinet Committee on Public Purchase today, according to officials. Finance Minister AHM Mustafa Kamal presided over the virtual meeting on

Banks asked to levy minimum LC margin on rice, wheat imports

Bangladesh Bank (BB) has asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for rice and wheat to keep their prices at a tolerable level in the domestic market and ensure smooth supply. The advance payment, also known as the cash LC margin,

FBCCI for increasing manpower export to Romania

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is working to increase the export of manpower as well as readymade garments, textile, leather, plastic, pharmaceutical to Romania. The Romanian ambassador Daniela Sezonov Tane, during a courtesy call on FBCCI

Bangladesh, Japan to sign FTA/EPA before 2026, hopes Tipu Munshi

Bangladesh and Japan today (Dec 12) jointly announced the launching of feasibility study on future signing of Free Trade Agreement (FTA) or Economic Partnership Agreement (EPA) in a bid to boost the bilateral trade between the two friendly countries. Commerce Minister Tipu Munshi

UK banking rules in biggest shake-up in more than 30 years

The government has announced what it describes as one of the biggest overhauls of financial regulation for more than three decades. It says the package of more than 30 reforms will "cut red tape" and "turbocharge growth". Rules that forced banks to legally

Banks asked to charge lowest L/C margin for Ramadan imports

The Bangladesh Bank on Sunday (Dec 11) asked scheduled banks to charge margins at a minimum rate against opening of import letters of credit (L/C) for essential kitchen commodities ahead of the month of Ramadan. A circular was issued by the central bank in this regard to prevent price

Islamic banks repay Tk 5.9 billion to BB on third day 

Islamic banks repaid Tk 5.9 billion on Thursday to Bangladesh Bank after the central bank injected Tk 52.47 billion into the Shariah-based entities in three days under a liquidity facility. In the first two days, five lenders – Islami Bank, Union Bank, Social Islami Bank, First

BDCOM Online Ltd wins ICMAB Best Corporate Award -2021

BDCOM Online Ltd., one of the leading public listed nationwide ISP and ICT service providers in Bangladesh, Since 1997 has won the ICMAB - Best Corporate Award 2021 under the Telecommunication and IT Category. The Honorable Chairman of BDCOM Online Ltd., Mr. Wahidul Haque Siddiqui, and