Business

Accountholders of the country’s leading MFS player would get a total of 3% cash incentive on remittance receipts as it looks to cash in on the switch to legal channels by expatriate Bangladeshis for sending money home   bKash is offering 1 per cent cash bonus to its customers for the amount they receive from abroad as the country’s pioneering ...

The US Department of Justice is discussing a possible deal with Huawei’s finance chief Meng Wanzhou, according to reports. The deal would reportedly let Ms Meng return to China from Canada, where she was arrested in 2018. She would be required to admit wrongdoing in the case, according to the Wall Street Journal, which first reported the possible deal. Ms ...

More than 400 lawmakers from 34 countries have signed a letter to Amazon.com Inc boss Jeff Bezos backing a campaign that claims the tech giant has “dodged and dismissed … debts to workers, societies, and the planet,” organisers said. The “Make Amazon Pay” campaign was launched on Nov. 27 – the annual Black Friday shopping bonanza – by a coalition ...

Nestle said on Thursday it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years to reduce its climate impact and help it get to net zero emissions by 2050. The world’s biggest food company said it would work with farmers and suppliers to promote regenerative agriculture, plant hundreds of millions of trees, and switch to ...

A millionaire paid £2,000 for a two-hour helicopter ride so he could have a McDonald’s. Viktor Martynov, 33, chartered the chopper to get some “normal” food for himself and his girlfriend, who were on holiday in Crimea at the time. Under sanctions Western companies like McDonald’s are not allowed to operate in the Crimean peninsula, which Vladimir Putin seized from ...

    International humanitarian charity, Muslim Aid, has secured $3.5 Million (£2.7 million) in institutional funding for a new livelihoods initiative titled ‘The Integrated Rehabilitation Program for Ultra-Poor Slum Dwellers in Mohammadpur and Mirpur in Dhaka City and Saidpur in Nilphamari District for Technical & Vocational Education & Training (TVET) in Bangladesh. The grant comes from the Islamic Development Bank ...

Gold prices dropped by Tk 1,166 to Tk 72,667 a bhari (11.664 grams) in the local market on Tuesday. Bangladesh Jewellers Samity (BAJUS) took this decision to balance the market in line with the prices of gold in the international market, said a press release. The new prices will come into effect from today. According to the BAJUS, the price ...

foodpanda has launched ‘pandamart’- a convenient platform for ordering daily necessities online and receive delivery within 30 minutes. Although the coronavirus pandemic has increased people’s dependency on online shopping and the sudden rise of demand has often led to delays in delivery. “With the launch of pandamart, foodpanda aims to redefine the shopping experience for consumers in Bangladesh by delivering ...

Walton factory is giant. It is a full-fledged manufacturing industry with state-of-the art technology. Walton has greatly emphasized on innovation also made a remarkable contribution to the national economy. We are very impressed visiting Walton factory today,’ some nine academics of the University of Dhaka (DU) opined. The delegation of academics, consisting of nine prominent teachers of the DU’s Faculty ...

The income tax return submission deadline ends on Monday as the National Board of Revenue (NBR) has decided not to extend the time limit. In a press conference on Sunday, NBR Chairman Abu Hena Md Rahmatul Muneem said the last date for filing income tax returns is November 30. The taxpayers will be able to file their tax returns taking ...