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TCB starts selling essentials from Sunday, sugar won’t be sold

The state-run Trading Corporation of Bangladesh (TCB) will start selling essentials from Sunday at subsidised prices as part of its selling operations for the month of August. The TCB will sell such essential items among some one crore family card holders across the country. However, buyers will not receive sugar this time. Commerce Minister Tipu Munshi will formally inaugurate the ...

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Egg traders in Kaptan Bazar fined Tk 30,000

Three business organisation in Kaptan Bazar were fined Tk 30,000 for not mentioning the price of eggs in purchase and Sales receipts. Directorate of National Consumer Rights Protection, led by Dhaka district office assistant director Md Abdul Jabbar Mandal, conducted the drive on Saturday anf fined the egg traders the amount. Mostafiz Traders and Jahirul Haque Traders have been fined ...

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OPEC countries slash oil production by 912,000 barrels per day in July: report

OPEC member-states (except Iran, Libya and Venezuela) participating in the OPEC+ deal reduced oil production in July by 912,000 barrels daily to 22.6 mln barrels per day, largely on account of the voluntary production cuts by Saudi Arabia, according to the OPEC report released in August, TASS reported. Ten OPEC countries were to reduce oil production by 1.273 mln barrels ...

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US-Bangla to increase flights on China, Thailand routes from Sept 1

US-Bangla Airlines is set to increase the number of its flights to Chinese province of Guanzhou and Thailand’s Bangkok from September 1. US-Bangla Airlines is going to operate five flights a week on the Dhaka-Guangzhou route from 1 September as per the plan, after the post-Covid passenger demand and various restrictions of Covid were lifted, according to a press release. ...

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South Korean company to invest $9.39m in economic zone

South Korean company Giant BD Footwear Ltd is going to invest $ 9.39 million to set up a shoe and shoe accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ). Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company to this effect at BEPZA Complex, Dhaka on Thursday, an official release said. Ali Reza Mazid, Member (Investment ...

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200 Bangladeshi RMG factories get LEED certificates

A significant achievement has been gained in the journey towards sustainable industrialisation, as the nation celebrates the certification of its 200th LEED Green Factory by the US Green Building Council (USGBC). This remarkable milestone underscores Bangladesh’s steadfast commitment to environmental stewardship, economic growth, and global competitiveness. LEED (Leadership in Energy and Environmental Design) certification is internationally recognised as a symbol ...

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Unpackaged soybean allowed for 6 more months

As traders are not fully prepared yet to market 100 percent of packaged soybean oil, the government will allow sale of loose soybean oil for six more months. However, the sale of loose soybean oil in the market will be completely prohibited after the next six months, said Director General of the National Consumer Rights Protection Directorate (NCRPD) AHM Shafiquzzaman. ...

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Bangladesh exports 2,700 tons of mangoes to 34 countries in current season

Bangladesh in the current season has exported 2,700 tons of mangoes to 34 countries so far this year. According to the Ministry of Agriculture, the mango export rose by 1000 tons this year compared to the previous year. A total of 1,757 tons of mangoes were exported to 28 countries last year. According to the ministry, although there is a ...

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British Airways workers to get 13pc pay rise

Around 24,000 staff at British Airways will get a pay rise worth more than 13% over 18 months from September, the Unite union has said. Workers will also get a one-off payment of £1,000, but pilots and management are excluded from the deal, it said. The deal, after months of negotiations, eases the threat of disruption as demand for air ...

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Global Business Conference in Dubai from Dec 22 to 24

Global Business Conference-2023 will be held in Dubai from December 22 to 24. The theme of this year’s conference is “Think Bangladesh: Discover Higher Industry and Economic Development”. Business America, a US based magazine, is going to organize the conference this year in UAE, said a press release. This business conference brings an important opportunity for the enterprising industrialists of ...

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