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RMG worker killed being hit by garbage truck, highway blocked

A readymade garment employee was killed after a Gazipur City Corporation garbage truck ran over her in the Metropolitan Kunia Targachh area on Saturday morning. Soon after the accident, several garments workers in the area took to the street and blocked Dhaka-Mymensingh highway. The angry workers also vandalised and torched the truck. The accident happened at about 7:45am when the ...

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India to export 50,000 tonnes of onion to Bangladesh

India has allowed traders the export of 50,000 tonnes of onion to Bangladesh till March 31. The export will begin with an immediate effect. “We have allowed export of 50,000 tonnes of onion to Bangladesh, 1,200 tonnes to Mauritius, 3,000 tonnes to Bahrain and 560 tonnes to Bhutan with immediate effect,” Consumer Affairs Secretary Rohit Kumar Singh told media on ...

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ExxonMobil officials in town as govt prepares March bidding round for offshore blocks

The government is planning to float an international tender in March for hydrocarbon exploration in the country’s maritime areas, where it would like US oil giant ExxonMobil to participate and show its hand in the bidding round. The US oil major was conveyed the government’s advice when a delegation of the company, led by its Opportunity Manager Jonathan Wilson, met ...

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DITF 2024 fetches export orders worth $35.62m

The 28th Dhaka International Trade Fair (DITF) 2024 concluded at the Bangabandhu Bangladesh-China Friendship Exhibition Centre at Purbachal on the outskirts of Dhaka on Tuesday (February 20, 2024) afternoon. The Export Promotion Bureau (EPB) under the Ministry of Commerce organised the concluding ceremony. State Minister for Commerce Ahsanul Islam Titu and FBCCI president Mahbubul Alam attended the concluding ceremony as ...

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Soybean oil price cut by Tk 10 per liter

The government has decided to reduce the price of soybean oil by Tk 10 per liter. The decision was taken at a meeting of the taskforce on the review of commodity prices and market conditions on Tuesday. The new price will be effective from March 1. As per the new rate, the price of a litre of soybean oil will ...

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BB directs fin. insts. to take part in pension scheme

Bangladesh Bank (BB) has instructed officers and employees of non-banking financial institutions to ensure the participation in the Universal Pension Scheme. Department of Financial Institutions and Markets (DFIM) of the central bank on Monday sent the instruction to the chief executives of all financial institutions in this regard. Earlier on February 8, Banking Regulations and Policy department sent the instruction ...

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Onion, sugar import from India likely before Ramadan: State Minister

State Minister for Commerce Ahsanul Islam Titu has said that the government would be able to supply onion and sugar, imported from India, to the market before the holy month of Ramadan. “Already a proposal for importing 50,000 metric tons of onion and one lakh metric tons of sugar was sent to India and got assurance from them about 20,000 ...

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Seminar on future of trade held at NSU

”Bangladesh is moving forward to become a developed country by 2041. To accelerate the trajectory of development, trade and commerce play a pivotal role. In the upcoming 13th WTO Ministerial Conference (MC) at Abu Dhabi we will try to negotiate to get the best outcomes for our country as we are graduating from LDC in 2026”, said Mr Ahasanul Islam ...

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Post Office scandal: £10k payout ‘cruel’, says bankrupt victim

Tony Downey can feel his heart racing a little as he walks up the main street in Hawkshead, a pretty village in the Lake District. It’s the first time he’s been back since he fled abroad after losing his livelihood and health from the Horizon Post Office scandal. “We didn’t even say goodbye, we were too embarrassed. We just ran,” ...

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Coca-Cola sells its Bangladeshi bottler to Turkish associate

Global beverage giant The Coca-Cola Company (TCCC) is going to sell its Bangladeshi bottling business Coca-Cola Bangladesh Beverages Ltd (CCBB) to its Turkish associate Coca-Cola İçecek (CCI). In a press release on Thursday (15 February), Istanbul Stock Exchange-listed CCI said the entire stake of CCBB would be priced at the enterprise value of $130 million subtracted from the net debt ...

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