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Indian traders continue strike halting trade at Benapole Port

Jeebon Jibika Bachao Committee, an organisation of Petropole Port India halted trade through Benapole port of Bangladesh for the second consecutive day on Monday. The committee is expecting realisation of their five-point demand including putting an end to harassment by the Indian Border Security Force in trade. However, the communication of passengers with passports remains unaffected while the conveyance of ...

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Asian markets mostly rise in respite from recent rout

Most Asian markets bounced Monday following last week’s blood-letting as bargain-buyers moved in, but dealers remain on edge as surging infections and a stuttering vaccination rollout offset long-term hopes for the economic recovery. Worries about online retail investors’ attack on Wall Street short traders was also causing angst on trading floors, with fears they are being forced to sell some ...

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Biman to resume flights on Dhaka-Kathmandu route on Feb 18

Biman Bangladesh Airlines is going to resume Dhaka-Kathmandu-Dhaka commercial flights from February 18. Tahera Khandaker, deputy general manager (public relations) of Biman, confirmed the information in a press release on Sunday. The flights will be operated on Monday and Thursday in each week, it said. Tickets can be purchased from Biman’s mobile app, website, travel agents, tour operators, Biman call ...

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Covid: Argentina imposes new tax on wealthiest

A one-off tax on Argentina’s richest people comes into effect to help pay for medical supplies and relief for businesses struggling due to Covid-19. Those with assets of more than 200 million pesos ($2.3m; £1.67m) will have to pay about 3% on assets declared within the country and over 5% on assets held abroad. It will apply to around 12,000 ...

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W expands its footprint in Bangladesh; launches first store in Dhaka

W, India’s leading women’s apparel brand, known for its contemporary sub continental wear, forays into a new market with the launch of its first store in Dhaka, Bangladesh. The store is being launched in collaboration with Karnaphuli Group, one of the most diversified business houses in Bangladesh. Located at Sonargoan Janapatha in Dhaka, the street is popular amongst the locals ...

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COVID-19: India extends ban on international flights till Feb 28

India on Thursday extended the suspension of scheduled commercial international flights till 11.59 pm on February 28, 2021. This restriction, however, will not apply to international cargo operations and flights specifically approved by the DGCA. Issuing a modified order in this regard, the Directorate General of Civil Aviation (DGCA) stated that international scheduled flights may be allowed on selected routes ...

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Samsung air-conditioner manufacturing plant opened in Narsingdi

Fair Electronics has formally launched its Samsung air conditioner manufacturing plant at Shibpur in Narsigndi district aiming at providing products at cheaper prices to domestic customers and earning foreign currencies by exporting the air conditioners. State Minister for Information and Communication Technology (ICT) Division Zunaid Ahmed Palak on Wednesday inaugurated the plant on Fair Electronics factory premises, comprising 16-acre of ...

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Brexit: Amazon prepares to stop selling some products to Northern Ireland

Amazon is preparing to remove some products for sale to NI customers as a result of the Irish Sea border. It could lead to some goods like food supplements and some over-the-counter medicines being unavailable. It would take effect when the “grace period” for GB-NI parcels expires.   Amazon said “we are planning and preparing for 1 April so we ...

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US-Bangla Airlines a name of panic!

US-Bangla Airlines has turned into a ‘transport of panic’ in recent times as technical glitches and mismanagement are found in the flights of the leading private airline company in Bangladesh. Crashes and emergency landing of US-Bangla flights often take place due to their mismanagement. An aircraft of the airline crashed in Nepal on March 12 in 2018, leaving 51 people ...

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Coronavirus: Seafarers stuck at sea ‘a humanitarian crisis’

The fate of more than 200,000 seafarers who play a crucial role in keeping global trade flowing is being labelled a “humanitarian crisis at sea”. More than 300 firms and organisations are urging for them to be treated as “key workers”, so they can return home without risking public health. More than 90% of global trade – from household goods ...

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