Business

The Trading Corporation of Bangladesh (TCB) is selling per kg of sugar at Tk 70, instead of Tk 100. Earlier on Wednesday, the TCB announced that it will sell per kg sugar at Tk 100, increasing the price by Tk 30. A day later of the announcement, the organisation kept away from its earlier decision and said that it would sell sugar ...

Bangladesh Investment Development Authority (BIDA) and Bangladesh Computer Council (BCC) have inked a Memorandum of Understanding (MoU) for working together to ensure better security of the investment related information. BIDA Executive Chairman Lokman Hossain Miah attended the MoU signing ceremony as the chief guest held at BIDA conference room in the city on Wednesday (March 6, 2024), says a press ...

Like previous years, Biman Bangladesh Airlines authority says it intends to operate additional flights on domestic routes for holidaymakers ahead of Eid-ul-Fitr. A media release sent from the Directorate of Sales and Marketing of Biman came up with the announcement on Tuesday. Centring last year’s Eid, the state-owned airlines operated 12 extra flights each on Dhaka-Rajshahi, Dhaka-Saidpur and Dhaka-Barishal routes, ...

Some 34 people, including restaurant managers and staff, have been arrested in a crackdown on fire safety irregularities at different eateries at Dhanmondi, Gulshan, Mirpur and Uttara areas in the capital. Police made the drives for several hours till 11pm to ensure emergency exits and fire extinguishers at the restaurants after the deaths of 46 people in Baily Road restaurant fire. ...

Bangladesh Energy Regulatory Commission (BERC) has increased the price of a 12 kg liquefied natural gas (LPG) cylinder by Tk 8 to Tk 1,482 from Tk 1,474 ahead of the holy month of Ramadan. The new price will take effect from 6:00pm on Sunday (March 3). ĺBERC chairman Nurul Amin announced the new price at a press briefing held at ...

Towns within commuting distance of major cities have seen some of the biggest rent rises of the last three years, new research suggests. The cost of new lets rose by more than a third in areas such as Bolton and Newport between 2020 and 2023, property portal Zoopla said. Although Glasgow, London, Manchester and Edinburgh also saw big rises, new ...

Negotiators taking part in a World Trade Organization (WTO) meeting in the United Arab Emirates ended their summit early Saturday after failing to reach agreements on several major initiatives, the latest sign of turmoil within the global body. The WTO delayed its closing ceremony in Abu Dhabi by over a day as the 166-nation bloc struggled to reach consensus on ...

India’s economy grew 8.4 percent in the December quarter, official data showed Thursday, with a surging manufacturing sector helping defy more modest analyst forecasts, reports AFP. The world’s most populous country is already among the best-performing economies thanks to robust domestic demand and investment. Thursday’s results were significantly higher than the 7.0 percent projected by India’s central bank and other ...

Citing the reason for “adjustment of subsidies,” the government has raised power tariff up to Tk 0.70 per unit on an average. The new rate will come into effect from February 1. The Ministry of Power, Energy and Mineral Resources on Thursday (February 29) issued a gazette notification in this regard. The notification said that the power price hiked at ...

Apple has reportedly cancelled its plans to build electric vehicles (EV) a decade after the iPhone maker was rumoured to be working on the project. The firm has never publicly acknowledged the project, which involves around two thousand people. Many employees from the project will be moved to the iPhone maker’s artificial intelligence (AI) division, according to Bloomberg News. Apple ...