Business

Metro rail resumed operations on Sunday after remaining suspended for over a month. But Kazipara and Mirpur-10 stations, which were damaged during the recent unrest, will remain closed. The first train started from Uttara North Metro Station at 7:10am and the first train from Motijheel departed at 7:30am. The regular commuters of metro rail, especially the office commuters, were relieved ...

A US campaign group has accused Boeing of concealing information about electrical problems on a plane that later crashed. The Foundation for Aviation Safety claimed the aircraft, which went down in Ethiopia in 2019, had suffered a number of issues, including an “uncommanded roll” at low altitude. The organisation said more than 1,000 planes currently flying could potentially be at ...

Metro Rail services, which were suspended since 18 July following vandalism at two stations during the quota movement, are going to operational from Sunday (August 25). Md Jakaria, additional project director of Dhaka Mass Transit Company Ltd (DMTCL), confirmed the matter. The metro trains were run on a trial basis on Thursday and Friday. There found no problem with the ...

A typical household’s annual energy bill will rise by £149 in October under the new price cap. People using an average amount of gas and electricity will pay £1,717 a year, a 10% rise compared with now. The cap, set by the energy regulator Ofgem, affects the price paid for each unit of gas and electricity used in 27 million ...

Bangladesh Jewellers Association (BAJUS) has set a new record high for gold prices with the cost of one bhori of gold reaching Tk 126,006. BAJUS confirmed the information in a press release on Thursday, adding,” This historic price will take effect from Friday.” The decision was made during a meeting of BAJUS standing committee on pricing and price monitoring, which ...

  Firms across the UK’s oil and gas supply chain have expressed “grave concern” about government plans to hike windfall taxes and eliminate investment incentives to an industry that supports 200,000 jobs. In an open letter to HM Treasury, seen by the BBC, 42 companies have warned that official plans threaten £200bn of investment in all forms of domestic energy, ...

Remittance inflow to Bangladesh witnessed a massive 36 per cent surge amounting to US$406 million in the first 20 days of August compared to the same period last year. According to central bank data, Bangladesh received a total of $1.5 billion in inward remittance till August 20. The amount was $1.12 billion during the same period last year. The central ...

The central bank will dissolve the board of Islami Bank Bangladesh PLC within a couple of days. Bangladesh Bank (BB) Governor Ahsan H Mansur told this at a press conference at the BB headquarters in the capital on Wednesday. He said the central bank will form a new board of the Islami Bank. It will also take over all the ...

Bangladesh Bank Governor Dr Ahsan H. Mansur has asserted that the central bank will not provide liquidity support or other facilities to weak banks anymore by printing money. “The depositors have the right to withdraw money from the ailing banks and the banks will be liable if they have lost confidence of their clients. If depositors withdraw money from a ...

A pilot scheme scrapping peak-time ScotRail fares will end in September following “limited success”. Transport Scotland said the project, which saw ticket prices subsidised by the Scottish government and standardised across the day, “did not achieve its aims” of persuading more people to swap car journeys for rail travel. Analysis by the body recommended ending the scheme due to financial ...