Business

Biman Bangladesh Airlines will refund to its passengers who, purchased tickets for traveling to Saudi Arabia for performing Umrah or tourism purposes, as the Saudi government has imposed a temporary ban on Umrah pilgrims and tourists to stop the spread of coronavirus in the Kingdom. If the passengers want to travel to Saudi Arabia after withdrawal of the ban, they ...

Finance Minister AHM Mustafa Kamal, State Minister for Power, Energy and Mineral Resources Nasrul Hamid, Bashundhara Group Chairman Ahmed Akbar Sobhan, Co-chairman Sadat Sobhan Tanvir, Vice-chairman Shafiat Sobhan Sanvir, Managing Director Sayem Sobhan Anvir and Walid Sobhan pose for a photograph during the launching ceremony of Bashundhara Bitumen Plant at Keraniganj on Saturday. Bashundhara Group, the country’s leading business conglomerate, ...

Bashundhara Group launched pitch bitumen plant for road carpeting in its business point at Pangaon area in the upazila on Saturday. Finance Minister AHM Mustafa Kamal inaugurated the plant as the chief guest. He said Bashundhara Group has produced pitch for road carpeting for the first time in the country. From now on, Bangladesh has no need to import pitch ...

Business in the 19-country eurozone has picked up in February from a deep slump, particularly in Germany’s big industrial sector, despite disruption from the new coronavirus, a report showed Friday. A survey of business managers by financial firm IHS Markit showed that the economy expanded in February at its fastest rate in six months as services grew and trouble in ...

Shares were mixed Thursday in Asia after Wall Street recovered to record highs, but worries persist about damage to the regional economy from the new virus that began in China. Japan’s benchmark Nikkei 225 gained 0.3% to 23,474.78, shedding bigger early gains. Australia’s S&P/ASX 200 added 0.2% to 7,159.00 and the Shanghai Composite index picked up 0.5% to 2,989.31. But ...

Boeing’s crisis-hit 737 Max jetliner faces a new potential safety issue as debris has been found in the fuel tanks of several new planes which in storage, awaiting delivery to airlines, reports BBC. The head of Boeing’s 737 programme has told employees that the discovery was “absolutely unacceptable”.A Boeing spokesman said the company did not see the issue further delaying ...

Three-day US Trade Show is going to begin on February 27 to showcase high quality and cutting-edge American products and services, reports BSS. Over 50 companies would participate in the trade show scheduled to take place in hotel Sonargaon to display different types of products and services, especially in energy, agro-mechanization, and food and beverage sectors, said a US Embassy ...

  Islamic Relief UK, as a member of the Climate Coalition, joined the ‘Show the Love’ campaign to highlight the importance of our environment using a green heart to symbolise all that we love but could lose to climate change. As part of the campaign, Islamic Relief UK volunteers had a stall outside the charity’s London office on Lower Marsh, where ...

Md Mahbub ul Alam, managing director and chief executive officer of Islami Bank Bangladesh Limited, has achieved ‘CEO of the Year 2019’. The award was conferred by UK-based financial intelligence house Cambridge International Financial Advisory.Dr. Sofiza Azmi, CEO of Cambridge IFA handed over the award to Md. Mahbub ul Alam at the 5th Islamic Retail Banking Awards program recently.

The US has expanded its lawsuit against Huawei, accusing the Chinese telecoms giant of a “decades-long” plan to steal technology from US firms, reports BBC. Prosecutors said Huawei had violated the terms of partnerships with US companies and stolen trade secrets such as source code and robot technology.It adds to a list of other charges brought by the US last ...