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Dhaka Trade Fair to continue amid COVID restrictions

Dhaka International Trade Fair (DITF)-2022 will continue amid newly-issued 11-point restrictions by the government to tackle Omicron variant in the country. Md Hafizur Rahman, additional secretary of Commerce Ministry, on Tuesday confirmed the matter. “As per the instructions set by the government, there is no problem to continue the activities of the trade fair. But people should have follow the ...

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BB releases updated CSR guideline for banks, FIs

# Minimum 60pc CSR funds have to be spent on health, education # Environment and climate change to get 20 pc CSR funds   Bangladesh Bank has directed the financial institutions to spend a minimum of 60 per cent of their corporate social responsibility (CSR) funds in education and health sectors equally and 20 per cent on the environment and ...

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BB gives Padma Bank ‘unethical and fraudulent’ advantage: TIB

Transparency International Bangladesh (TIB) has expressed deep concern over the Bangladesh Bank’s approval to conceal the information of accumulated losses of Padma Bank Limited from its financial statement on the condition of getting a foreign loan. Terming this type of advantage as unethical and fraudulent, TIB warned BB saying this action may worsen the faith of the regulator in its ...

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Gold prices fall in international market

The price of gold has come down in the international market. The prices fell after three consecutive weeks of gains. Along with gold, silver prices have declined over the past week. At the same time, the price of platinum, another precious metal, has also come down. Last week, the price of gold in the international market has decreased by 1.6 ...

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World’s first colour-changing car unveiled

German carmaker BMW has unveiled the world’s first “colour-changing” car at the Consumer Electronics Show in Las Vegas, reports Reuters. The concept car, called the BMW iX Flow, uses electronic ink technology normally found in e-readers to transform the car’s exterior into a variety of patterns in grey and white. “This is really energy efficient colour change using the technology ...

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Biman to run spl flight on Dhaka-Ctg-Dubai route Jan 9

Biman Bangladesh Airlines will operate a special flight on the Dhaka-Chattogram-Dubai route on Jan 9 as the government has started a PCR test lab at Shah Amanat International Airport in Chattogram. The decision was taken in this regard considering the high demand from passengers, said a press release on Thursday. People can collect tickets for flights from 4.30 pm today, ...

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Industrial police ask textile, RMG units to verify worker information

The Industrial Police (IP) has asked all textile and ready-made garment (RMG) factories to confirm workers’ information provided during their job enrolments. According to official sources, the law-enforcement agency found mismatch in information, especially name and dwelling addresses of workers, in national identity (ID) cards as many of them are mostly fabricated. On December 23, the IP wrote to Bangladesh ...

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12kg LPG cylinder price lowered by Tk 50

The price of 12kg liquefied petroleum gas (LPG) cylinder has been lowered to Tk 1,178 f from Tk 1,228. Bangladesh Energy Regulatory Commission (BERC) announced the new price at a press briefing on Monday. The new price will be effective from 6pm on Monday (December 3). Meanwhile, the price per litre of auto gas has been fixed to Tk 54.95, ...

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Tesla delivers almost 1 mn cars globally

Tesla said Sunday it delivered nearly one million vehicles in 2021, almost twice as many as in the previous year, results that were better than expected despite global supply challenges. The US electric carmaker delivered more than 936,000 cars of all models in 2021, an increase of 87 percent over the previous year, the company said in a statement, reports ...

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Bangladesh raises remittance incentive to 2.5%

The start of the new year has already brought good news for expatriate workers as the Bangladesh government has raised its remittance incentive. The cash bonus for remittances will be increased from 2 percent to 2.5 percent and will take effect from Jan 1, according to a notice from the Ministry of Finance, reports bdnews24.com. The ministry called the decision ...

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