Bangladeshi industrial conglomerate Beximo Group is joining forces with Russian investors GS Group to launch the first direct-to-home (DTH) satellite TV company in Bangladesh, reports rapidtvnews. The launch of the DTH platform – which will offer local and international programming – is planned by the end of the year. It aims to attract 300,000 subscribers […]
The concerning people of capital market are thinking that the 30-lakh investors were neglected in the proposed budget for 2014-15 fiscal year. They said that the matter of getting no incentive for the hampered sectors seems a joke to them which will create a negative effect on the market. Following the matter, stock market analyst, […]
Seeking duty-free excess of more Bangladeshi products to Chinese market alongside increased investment by Chinese entrepreneurs in Bangladesh, Prime Minister Sheikh Hasina on Saturday said allocating a separate Economic and Industrial Zone in Chittagong for Chinese investors is under her government’s consideration. “Our existing Export Processing Zones are also attractive for investment. In addition, the […]
Bangladesh garment manufacturers bagged at least $500 million in export orders to sew World Cup jerseys for fans across the globe in a major industry boost after a string of disasters, officials said Monday. The acting head of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) said the country’s shipment of garments grew around 14 […]
India ranks as the world’s second largest textiles exporter last year, ahead of its competitors like Italy, Germany and Bangladesh, with China still retaining the top position, according to data released by UN Comtrade. Currently, India’s textiles exports to the world is US$40.2 billion. India’s share in Global Textiles has increased by 17.5 per cent […]
Bangladesh wants to conclude the negotiations with China on construction of a deep-sea port at Sonadia in Cox’s Bazar during the visit of Prime Minister Sheikh Hasina there. “We have analysed three proposals [for deep-sea port] that were submitted to the government and we found the Chinese proposal is the best. We hope to sign […]
Bangladesh Bank has warned the state-owned BASIC Bank about its recruitment and promotions policies. It sent a letter to the bank on Wednesday afternoon asking it to follow stringently its own rules and regulations as well as adhere to the central bank’s instructions in recruitment and promotions, a spokesperson told that. Bangladesh Bank Executive Director […]
An Exchange of Note (EoN) is likely to be signed between Dhaka and Tokyo during Prime Minister Sheikh Hasina’s four-day visit to Japan beginning Saturday night. An Exchange of Note (EoN) is likely to be signed between Dhaka and Tokyo during Prime Minister Sheikh Hasina’s four-day visit to Japan beginning Saturday night. According to official […]
Work for the setting up of the second of the four proposed ‘border haats’ (bazaars) along the India-Bangladesh border in Tripura began Wednesday. The work for the first ‘border haat’ is on in southern Tripura’s bordering town Sabroom, 135 km south of Agartala in India. “Work for infrastructural development of the second border haat has […]
Gigabyte launched a new series of motherboard named as ‘9 Series’ in a press conference held on 21st May 2014. Regional manager of Gigabyte’s Asia Pacific region Mr. Alan Szu and General Manager of Smart Technologies (BD) Ltd. Mr. Zafor Ahmed unveiled those new models in front of media people. Gigabyte’s Sales & Marketing manager […]
Bangladesh depends heavily on gas and oil for electricity generation. Experts have been pressing for diversification of energy source. There is a hydroelectric power plant in Chittagong Hill Tracts but that can generate only two hundred and thirty megawatts of electricity and there is a coal operated power plant in northern part of Bangladesh which […]
Twenty-five of the 51 Bangladesh missions abroad have failed to achieve respective export targets for the first 10 months (July-April) of the current fiscal (2013-14). The key Bangladesh missions like the ones in Washington, London, Paris, Ottawa, Tokyo and Canberra which failed to achieve their July-April export targets while some other important missions –- Berlin, […]
Spending by local tourists is expected to grow by 7 percent year-on-year in 2014 to Tk 39,670 crore, according to a London-based research organisation.The amount will rise by 5.8 percent each year and finally stand at Tk 69,990 crore in 2024, World Travel & Tourism Council (WTTC) said in its latest study. The forecast of […]
Airtel Bangladesh Limited has launched a new SIM focusing on internet offers called Airtel Internet SIM. Airtel customers will now be able to avail of 500 percent bonus on various 3G internet packs by using this SIM. This new product has special offers on three different packages along with FREE 500MB 3G internet. Airtel’s customers […]
Finance Minister AMA Muhith yesterday appreciated the role of microcredit in alleviating poverty as the intervention strategy expanded to a great extent across the country. The then government had conceived the idea of microcredit and established the Palli Karma Sahayak Foundation (PKSF) in 1990 to contribute to alleviate poverty in the country, he said. Muhith […]
