Business

The US and Europe have separately announced major takedowns of cybercrime networks that defrauded people of billions. The US has arrested Chinese national YunHe Wang and seized assets including a Ferrari, luxury watches and 21 properties. While Europol, Europe’s crime agency, has made four arrests but said eight fugitives are on the run. They will be added to Europe’s “most ...

Bangladesh Railways has cancelled the running of special trains on the Chattogram-Cox’s Bazar route due to engine problem and lack of locomaster. The authorities said on Thursday (May 29) that the order will remain in force till further direction. The trains on the route operated on Wednesday as usual. The railway officials said that the special trains will start running ...

United Commercial Bank PLC (UCB) has recently signed a bancassurance agreement with Janata Insurance Company Limited with a view to offering insurance products to its customers. An agreement signing ceremony was held at UCB Corporate Head Office. Officials from both the concerns were present at the event. From United Commercial Bank PLC (UCB), Syed Faridul Islam, Managing Director & CEO ...

Standard Chartered Bank, Bangladesh and the Institute of Business Administration (IBA) of the University of Dhaka have recently inaugurated two new facilities–a Conference Centre and Teacher’s Lounge, along with a fully landscaped garden area. These new campus resources, a contribution to the educational institution from Standard Chartered, reflect the Bank’s commitment to nurturing the next generation of business leaders, fostering ...

Foreign Secretary Masud Bin Momen on Monday said the signing of a new generation avoidance of double taxation treaty between Bangladesh and the Netherlands in March should encourage Dutch businesses to have stronger footprints in Bangladesh for mutual benefit. He made the remark while the Netherlands Ambassador to Bangladesh, Irma van Dueren, paid her maiden courtesy call on him at ...

After 17 hours’ of suspension, flight operations at Shah Amanat international Airport in Chattogram resumed at 5am on Monday amid heavy rain triggered by Cyclone Remal. Earlier, the airport authorities suspended the flight operation due to the adverse weather and warning of Bangladesh Meteorological Department (BMD). Airport Director Group Captain Taslim Ahmad said, “After opening, three flights have already landed at ...

The authorities of Shah Amanat International Airport in Chattogram have suspended the flight operation from 12pm to 8pm on Sunday due to rough weather as Cyclone Remal is heading towards Bangladesh. The time will further extend if the situation does not improves, said Chattogram Airport Director, Group Captain Taslim Ahmed. The decision comes in response to the issuance of danger ...

National carrier Biman Bangladesh Airlines announced the suspension of its flights to Cox’s Bazar for Sunday (May 26) due to Cyclone Remal. Besides, flights of BG395 and BG391 to Kolkata will remain suspended on Sunday and Monday, respectively, said Bosra Islam, general manager of the Public Relations Wing of Biman Bangladesh Airlines. Meanwhile, Bangladesh Meteorological Department (BMD) on Sunday morning asked ...

Mango harvest in Natore district kicked off on Saturday with the Gopalbhog variety. Abdul Wadud, deputy director of Natore Department of Agriculture Extension (DAE), inaugurated the mango harvesting officially this morning through plucking mango from the orchard of one Shah Alam of Kamardia in Sadar upazila. This year, a total of 5,718 hectares of land have been used for mango ...

Bangladesh Jewellers Association (Bajus) announced the decrease of the price of gold by Tk 1,084 per bhori (11.664 grams) on Thursday. Now the new price of the 22-carat gold is set at Tk 1,18,460 per bhori. Bajus said the new price would come into effect from Friday.