Business

With an aim to enhance food security and promote sustainable practices in agribusiness, the International Finance Corporation (IFC) Bangladesh is organizing the 10th International Food Security Conference in collaboration with the Bangladesh Food Safety Authority. The conference aims to bring together key stakeholders, decision makers and industry leaders to address challenges related to food security, nutrition and food waste. He ...

The Chittagong Chamber of Commerce and Industry (CCCI) has signed a memorandum of understanding (MoU) with Canada Bangladesh Chamber of Commerce and Industry (CCCI) to promote Bangladeshi products in Canadian market. CCCI President Mahbubul Alam and CBCCI Executive Vice President Areef Rahman signed the MoU in presence of ‘Canada Trade and Investment Expo 2023’ Ambassador Fardous Ahmed at a function ...

  Curry house where Prime Minister Rishi Sunak used to work shifts liquidated due to cost of living: Concerns over 20% VAT rate which continues to put pressure on hospitality industry despite 20,000 signed petition to Treasury See News story here Surging energy bills, cost of ingredients, staffing and train strikes see curry houses on the brink of collapse Government ...

Russia is discussing new long-term contracts for deliveries of liquefied natural gas (LNG) with partners from the Asia-Pacific Region and their business interest in LNG projects, Deputy Prime Minister Alexander Novak said in the article for the Energy Policy magazine. “Cooperation with partners from the Asia-Pacific Region in terms of LNG projects is progressing. An opportunity is being discussed to ...

Saudi Arabian Hajj and Umrah affairs deputy minister Dr Abdul Fattah Sulaiman assured that his government would consider approving 10 more slot of dedicated hajj flight to Biman Bangladesh airlines as per Dhaka’s request. The assurance was made while Bangladesh ambassador to Saudi Arabia Dr Mohammad Javed Patwary called on the Saudi deputy minister at Makkah on Wednesday, according to ...

Jewellers have increased the price of gold, raising it by Tk 1,750 to reach Tk 98,444 per bhori within just 10 days after the price of this precious metal was dropped. The decision was made by the Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers’ Association (BAJUS) during a meeting held on Wednesday. According to a press ...

Secretary General of BIMSTEC Tenzin Lekphell has expressed his optimism that all the member states will put in place necessary trade facilitation measures as soon as possible to boost trade within the region. “Today as the world economy passes through economic and political uncertainties, all countries are facing huge challenges in coping up with these uncertainties,” he said, putting emphasis ...

On the second day of granting import permission, a record quantity of onion has entered the country through Hili Landport. On Tuesday (June 6, 2023), as much as 889 tonnes of onion were imported through 42 trucks from India. However, shortage of customers was found because of the sudden increase of onion import from India. Visiting the land port on ...

Airlines will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back from the Covid pandemic, an industry group said on Monday, AFP reports. The sector will also be back in the green, with net profits forecast to reach $9.8 billion in 2023, or double previous estimates, boosted by the end of China’s Covid ...

The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in supply to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide, AP reports. The 23-member group is meeting Sunday at OPEC headquarters in ...