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Business

Bajloor Rashid MBE elected for the second term as UKBCCI President

UKBCCI (UK Bangladesh Catalyst of Commerce and Industry) organised its general meeting and election on 24th April in it’s office at East London.  The AGM started at 12 which was presided over by President Bajloor Rashid MBE.  A number Directors and Members were present at the meeting.  The meeting was conducted by Director Rohema Miah. Bajloor Rashid expressed his gratitude to ...

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Tax on pensioners proposed to heal inter-generational divide

A £10,000 payment should be given to the young and pensioners taxed more, a new report into inter-generational fairness in the UK suggests. The research and policy organisation, the Resolution Foundation, says these radical moves are needed to better fund the NHS and maintain social cohesion. Its chairman, Lord Willetts, said the contract between young and old had “broken down”. ...

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Meet and Greet Assist Service and Imran Travels signs agreement in London.

Bangladesh can grow economically fast if private sectors come forward to provide services along with the Government.  Non-resident Bangladeshis are also playing in important role by investing in private sectors.  As a result, NRBs across the world will be benefited from the improved services. President of Sylhet Chamber of Commerce and Airlines Club Sylhet, Khandokar Shiper Ahmed told this in ...

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UK house prices fall at fastest rate in nearly eight years

Prices tumbled by 3.1% in April to an average of £220,962, says Halifax UK house prices posted their largest monthly drop in almost eight years in April in the latest sign the housing market is weakening, according to the country’s biggest mortgage lender. The 3.1% drop, the biggest since September 2010, knocked £7,140 off the average price of a home ...

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HSBC says quarterly profit dips, plans $2B share buyback

Hong Kong, May 4 : Global bank HSBC said Friday it’s launching its latest multibillion-dollar share buyback, as it released its first quarterly earnings report under its new chief executive, John Flint. The bank said that the buyback of up to $2 billion in shares will “commence shortly” and is the only one it plans for 2018. It follows $5.5 ...

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UWT fundraisers target Ramadan food packs for Syria

Emdad Rahman: A group of friends have clubbed together to support Syrians who will be fasting during Ramadan. The team are fundraising to provide Ramadan food packs to help those who are fasting. The packs will not be restricted to those fasting but those in need. Ummah Welfare Trust Public Relations Representative Muhammad Imran said: “Ramadan is a month of ...

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Second, annual Asian Food and Restaurant Awards returns to London

Tuesday 1st May 2018, London, United Kingdom – Following its entry on the UK’s hospitality calendar last year, the second, annual Asian Food and Restaurant Awards (AFRA) returns to London on Tuesday 31st July at Millennium Gloucester Hotel, Kensington. The event will continue to pay homage to the leading lights of the Asian hospitality, services and supplier sectors amid a who’s who guest list of ministers, VIP’s, dignitaries, ...

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Sainsbury’s and Asda in merger talks

Merger talks between British supermarket chains Sainsbury’s and Asda are at an “advanced” stage, Sainsbury’s has confirmed. The two brands are expected to be retained should a merger go ahead. Sainsbury’s and Asda – the UK arm of Walmart – are the second and third largest supermarkets in the UK. The combined group would comprise 2,800 stores and would represent ...

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UK economy suffers weakest period of GDP growth in five years

ONS figures show construction output slump as rate in first quarter slows to 0.1% Britain’s economy slowed to a virtual standstill in the first three months of 2018, the weakest period of activity in more than five years. Office for National Statistics figures showed a sharp contraction in the construction sector, weaker manufacturing growth and a squeeze on consumer spending ...

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Air Asia to operate Sylhet-Malaysia flights soon

The world’s leading budget airline Air Asia will operate flights from Sylhet to Malaysia soon. In this regard, Air Asia’s Passenger Sales Agent (PSA) was launched in Sylhet recently. Executive Chairman of Air Asia Datuk Kamaruddin Miranun inaugurated the PSA at Joy Tower of Jail Road area in Sylhet. In his speech, Chairman of Total Air Service Limited (GSA), Air ...

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