Home / Business (page 5)

Business

Covid-19 response: SIA operates 2nd flight to Dhaka

Singapore Airlines has operated the second flight to Dhaka in partnership with Temasek Foundation to support World Food Programme and the global Covid-19 response. Singapore Airlines (SIA) and the Temasek Foundation are partnering with the World Food Programme (WFP) to support the global Covid-19 response to help transport essential medical supplies and other health and humanitarian items to points of ...

Read More »

Chittagong now 58th busiest port in the world

Chittagong Port has moved six notches up to become the 58th busiest container port among 100 top ports across the world, according to London-based journal on ports and shipping Lloyd’s List. The new chart of Lloyd’s List of One Hundred Ports was published recently which tallied annual container throughput figures of the world’s busiest port facilities in 2019. Chittagong Port ...

Read More »

Virus lockdowns give major boost to e-commerce

While large traditional retailers announce big lay-offs because of the pandemic, sometimes shedding thousands of staff, coronavirus lockdowns have in contrast given e-commerce a major boost. Recent data shows a shift to shopping online — according to Kantar consulting group, international e-commerce grew 41 percent in only three months compared with 22 percent growth for 2020 as a whole to ...

Read More »

Tk 2.46bn project to boost hilsa production

In a fresh move, the government is going to pick up a new scheme to increase hilsa production further so that the national fish is available all round the year. A Tk 2.46 billion project titled ‘Hilsha Resource Development and Management’ has been proposed to be implemented by June 2024 with this regard, the Planning Commission sources said. The move ...

Read More »

Rolls-Royce reports record loss as travel slumps

Engineering giant Rolls-Royce, which makes jet engines, has reported record losses after the coronavirus pandemic caused demand for air travel to slump. The firm announced a pre-tax loss of £5.4bn for the first half of this year. Chief executive Warren East told the BBC he did not expect demand to recover to late-2019 levels for five years. On Wednesday, it ...

Read More »

Coronavirus poses serious threat to Rajshahi’s silk industry

The prolonged novel coronavirus (COVID-19) pandemic situation has been posing a serious threat to the existence of the traditional silk industry in Rajshahi. Businessmen and entrepreneurs are facing an awkward position with their business in wake of abnormal declining production side by side with selling of the products at present. Jahirul Islam, manager of Usha Silk Industries, said the silk ...

Read More »

US, China trade jibes as military tensions worsen

The United States and China traded jibes as military tensions grow between the world’s two largest economies, with the US defense chief vowing not to “cede an inch” in the Pacific and China saying Washington was risking soldiers’ lives. Both are at loggerheads over issues from technology and human rights to Chinese military activities in the disputed South China Sea, ...

Read More »

Vigils in London mark 14th anniversary of Phulbari Massacre

Ansar Ahmed Ullah:   On Wednesday, 26 August, activists and campaigners gathered outside the London Stock Exchange in a sombre vigil of remembrance & display of solidarity with Phulbari. Wearing green and laying white flowers, they observed the 14th anniversary of the killing of three young protesters, Al Amin, 11 years old, Salekin, 13 years old, & Tarikul, 18 years ...

Read More »

Poor one-stop service holds back investment

When competitive countries are moving fast to attract global investment, Bangladesh still remains at the bottom in providing one-stop service (OSS) for investors and entrepreneurs. Despite the business community’s continuous demand at home and abroad for easing the policy for smooth business, the government is moving slowly to create a perfect investment and a business-friendly atmosphere in the country. Owing ...

Read More »

PepsiCo introduces new Slice in Bangladesh

PepsiCo has recently launched its new formulated mango drink, Slice, in Bangladesh with a campaign featuring brand ambassador and film superstar, Katrina Kaif, on the new packs. The new Slice, which brings the taste of irresistible mangoes to consumers in Bangladesh, will be available for purchase in a 200Ml PET pack priced at Tk 20. Slice will be made and ...

Read More »