Business

The Singapore-bound special flight of Biman Bangladesh Airlines will be operated on Tuesday. Biman’s Public Relations officer Tanvir Ahmed confirmed media about the matter. On April 11, the Civil Aviation Authority of Bangladesh (CAAB) suspended all domestic and international flights for a week from April 14 responding to the government decision for a complete lockdown in the wake of rapid ...

The entrepreneurs of Bangladesh are exposed to a hostile taxation system which is detrimental for expansion of local and foreign investments, said Apex Footwear Ltd Managing Director Syed Nasim Manzur. Investors are facing stepmother behaviour from the authorities concerned, he said, adding “Although an industrialist counts loss, he/she will not be exempted from the tax as per current system.” He ...

Middle-East bound special flights of Biman Bangladesh Airlines faced disruption in flight schedules on Saturday failing to get landing permission in Dammam and Riyadh. But, flight operations became normal on Sunday after Saudi Arabia gave landing permission in the two destinations. Some 476 expatriate workers flew for Saudi Arabia and Oman today. Of them, 271 left by Biman and 205 ...

Biman Bangladesh Airlines cancelled its first Riyadh-bound special flight scheduled for Saturday morning after failing to get permission from Saudi Arbia authorities. Passengers, who reached at Hazrat Shahjalal International Airport six hours prior to the departure time, started protest after the Biman authorities informed them that the flight for Riyadh was cancelled. An official at the airport said the special flight of ...

Matchbox is launching a series of toy cars based on real-life electric vehicles and making some using recycled materials as part of a global relaunch. The first will be a mini version of the Tesla Roadster and will be followed by other models along with scaled-down charging stations. The toymaker wants to raise awareness among children of the environmental impact ...

Talos Energy announces deep-water Gulf of Mexico exploration results Talos Energy, BP and Chevron USA have announced the successful drilling results of the Puma West exploration project, located in the U.S. Gulf of Mexico Green Canyon Block 821. The Puma West was drilled to a total depth of 23,530 feet and was designed to test sub-salt Miocene sand. The possibility ...

The government is going to operate special flights soon for KSA, UAE, Oman, Qatar and Singapure-bound passengers. Civil Aviation Authority of Bangladesh will confirm the detailed work plan on Thursday. The decision was taken at a virtual meeting as many expatriates particularly migrant workers have remained stranded in the country due to suspension of international flights. The Foreign Secretary chaired ...

The Japanese owner of a megaship seized after blocking the Suez Canal has said it is negotiating with Egyptian authorities after they demanded $900 million in compensation for its release. The 200,000-tonne MV Ever Given got diagonally stuck in the narrow but crucial global trade artery in a sandstorm on March 23, triggering a mammoth six-day-long effort to dislodge it. ...

China has forced a sweeping restructure on the Ant Group so the financial technology firm acts more like a bank. Ant Group’s mega $37bn (£27bn) share market launch was derailed by regulators in November over concerns about its finance model. The latest move is part of a wider crackdown by China to reign in the country’s fast-growing tech platforms. Ant’s ...

The government on Monday issued a notification enforcing an eight-day strict lockdown from April 14 with an aim to contain the spread of the deadly Coronavirus. The notification mentioned 13 directives to be maintained by the country people. As per the directives, banks and financial institutions will remain closed during the period. Under the fresh lockdown all government, semi-government, autonomous, ...