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Yearly Archives: 2019

Two-day Bangladesh Festival opens in London Saturday

The two-day (Nov 16-17) annual Bangladesh Festival, London begins at the Bethnal Green Library here on Saturday. The annual festival was put in place in 2010 by Shommilito Sangskritik Parishad, UK, in partnership with Bangla Academy, Bangladesh’s Ministry of Cultural Affairs, Bangladesh High Commission, London, and London Borough of Tower Hamlets. The festival is managed by CEN, a creative sector ...

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Alibaba backs Hong Kong’s ‘bright’ future with huge listing

Alibaba chief executive Daniel Zhang has praised Hong Kong’s “bright” future as the Chinese e-commerce giant prepares to list in the embattled financial hub, reports Hong Kong. The firm, which is already traded in the US, hopes to raise up to $13.4bn (£10.4bn) in its secondary listing.That would make it the biggest share sale this year, according to Dealogic. The ...

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NBR awards 142 tax card winners

Dhaka, Nov 14 : A total of 142 national-level tax card winners, including 75 individuals, 57 companies and 10 under other categories have been awarded by National Board of Revenue (NBR). The state revenue collection agency also awarded 521 top district-level taxpayers on the basis of highest or long-term tax payment.  Of them, 374 were selected on the basis of ...

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Second satellite to be a hybrid, cost less: Shahjahan Mahmood

Chairman of Bangladesh Communication Satellite Company Limited (BCSCL) Dr Shahjahan Mahmood on Thursday said that a consultant will be appointed within the next 3-4 weeks for launching the country’s second satellite, following in the footsteps of Bangabandhu -1. He informed this at a views-exchange meeting with the Telecom Reporters Network Bangladesh (TRNB) at BCSCL office in the capital. “We have ...

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Facebook removes 3.2 billion fake accounts

Facebook says it removed 3.2 billion fake accounts from its service from April to September, up slightly from 3 billion in the previous six months. Nearly all of the bogus accounts were caught before they had a chance to become “active” users of the social network, so they are not counted in the user figures the company reports regularly, reports ...

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Asian stocks sink after Trump threatens more China tariffs

Asian stocks sank Wednesday after President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia all declined. Trump said Tuesday agreement on the “Phase 1” deal announced last month “could happen soon.” But he warned he ...

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Mini Mercury skips across sun’s vast glare in rare transit

Photo: Mercury, center left, passes between Earth and the sun, Monday, Nov. 11, 2019, as seen from Lutherville-Timonium. Mini Mercury skipped across the vast, glaring face of the sun Monday in a rare celestial transit. Stargazers used solar-filtered binoculars and telescopes to spot Mercury — a tiny black dot — as it passed directly between Earth and the sun on ...

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First-ever Bangladeshi bond debuts on London Stock Exchange

The first-ever Bangladeshi Taka-denominated bond titled “Bangla Bond” amounting equivalent to $10 million has been listed on the London Stock Exchange (LSE) on Monday. The Bangla Bond was listed on the LSE by the International Finance Corporation (IFC), a private sector arm of World Bank, at a ring bell ceremony at 8:00 am London time, said a press release of ...

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Export of onions: India says no to Bangladesh, but yes to Maldives

Though, India stopped exporting onions in Bangladesh, the country vows to export it to Maldives. Despite the crisis at home, Indian government has informed the Maldives that it would continue to export onions to the island nation at the same quantity as before. Maldives is wholly dependent on India for all its essential commodities, reports Times of India. The Indian ...

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Saudi Aramco’s record IPO starts November 17

Saudi Arabia’s state-owned oil giant Aramco’s much-anticipated Initial Public Offering (IPO) will begin on November 17, the company’s prospectus said, without revealing the size of the stake sale or the pricing range, reports AFP. The 658-page document, released just before midnight Saturday, said the final share price will be determined on December 5 — a day after the subscriptions close ...

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