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Bangladesh doesn’t need to import wheat before August: Food Secretary

India’s ban on export of wheat will not affect 3 lakh metric tonnes of wheat already contracted for import by Bangladesh. Talking to UNB, Secretary to the Food Ministry Dr. Mosammat Nazmunara Khanum said a third of the amount, 1 lakh MT, is already onboard a ship for Bangladesh. In the short term, the Indian embargo would have no effect ...

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67 individuals, organisations get BB remittance award

Sixty seven individuals and organisations on Thursday received the “Bangladesh Bank Remittance Award-2019-20” for sending home the highest amount of remittance, investing bonds and playing a vital role in receiving the remittance. Finance Minister AHM Mustafa Kamal handed over the awards at a function at the Krishibid Institution Bangladesh (KIB) in the city. Bangladesh Bank (BB) Governor Fazle Kabir, Financial ...

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TCB starts selling edible oil on May 16

The state-run Trading Corporation of Bangladesh (TCB) will start selling essential commodities, including edible oil, at affordable among low-income groups of people across the country from Monday. From 16 May 16 to May 30, TCB’s products will be sold through 300 trucks across the country. The corporation will sell sugar at Tk55 per kg, lentil pulses at Tk65, chickpeas at ...

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Biman suspends 5 officials over collision between two aircrafts

Biman Bangladesh Airlines has suspended chief engineer Badrul Islam and four others for their negligence which led to collision between two Boeing aircrafts at Hazrat Shahjalal International Airport (HSIA) on April 10. Four other suspended are engineers Mainul Islam, Syed Bahaul Islam, and Selim Hossain Khan, and GSE operator Hafizur Rahman. A report of the Ministry of Civil Aviation and ...

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TCB to start selling soybean oil at Tk 110 from Monday

Trading Corporation of Bangladesh (TCB) will start open market sale (OMS) of some essential commodities, including edible oil, from Monday (May 16) in Dhaka and other divisional cities. It will start selling soybean oil at Tk 110 per litre. TCB’s chairman Brig Gen Mohammad Ariful Hasan confirmed the matter on Thursday. It will start selling products for low income people ...

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Gold prices slashed by Tk 1,166 per bhori

Gold prices have been reduced in Bangladeshi market in the wake of falling prices in international and local bullion markets. Bangladesh Jewellers Samity (BAJUS) said the revised rates would be effective from Wednesday. According to the BAJUS, the price of 22-carat gold per bhori has been fixed at Tk 76,516. Besides, each bhori of 21-carat gold will cost Tk 73,017, ...

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Sony logs record full-year sales, net profit dips

Sony on Tuesday reported record sales of 9.9 trillion yen ($76 billion) for the financial year to March, while net profit dipped to 882 billion yen from the previous year’s record high. A lockdown-fuelled gaming boom has slowed, but the Japanese giant said strong results in its music, movies and electronics sectors and a weaker yen boosted its bottom line, ...

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US business delegation in Dhaka to explore opportunities

A delegation from the United States, members of the US-Bangladesh Business Council, is visiting Bangladesh till May 11 to explore economic opportunities between the two countries. Over 25 executives from across sectors like digital, energy, financial services, insurance, and agriculture are part of the executive business delegation, reports UNB. The delegation of global business leaders is scheduled to meet Foreign ...

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TCB to start selling edible oil, other essentials from mid-May

Trading Corporation of Bangladesh (TCB) will start open market sale (OMS) of some essential commodities including edible oil from mid of May in Dhaka and other divisional cities. The ministry is working to re-fix the prices of essentials including edible as their prices have gone up on the global market, said an additional secretary to the Commerce Ministry . Primarily ...

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Nigerian airlines to halt domestic flights over jet fuel hikes

Nigeria’s airlines are to stop domestic operations from Monday in protest at the spiralling cost of jet fuel. It has risen almost fourfold this year, which was unsustainable, the Airline Operators of Nigeria (AON) said. “No airline in the world can absorb this kind of sudden shock from such an astronomical rise over a short period,” its statement said. The ...

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