Home / Business

Business

Mahbub for increasing revenue of Bangladesh Airlines

State Minister for Civil Aviation and Tourism Mohammad Mahbub Ali on Wednesday urged the officials of Biman Bangladesh Airlines to work sincerely for increasing the revenue of state run airlines. He made the urge while inspecting Biman Poultry Complex at Ganak Bari in Savar. He visited various branches of Biman Poultry Complex and gave necessary directions to the concerned officials ...

Read More »

China overtakes Germany as UK’s top import market

China has overtaken Germany to become the UK’s biggest single import market for the first time since records began. Goods imported from China rose 66% from the start of 2018 to £16.9bn ($24bn) in the first quarter of this year, the Office for National Statistics said. Imports from Germany fell by a quarter to £12.5bn in the same period. The ...

Read More »

AIIB approves $260 million loan for Mymensingh bridge

The Asian Infrastructure Investment Bank (AIIB) has approved a $260 million loan to help Bangladesh construct a strategically important, state-of-the-art bridge inMymensingh,which wouldsubstantiallyease congestion in the northern city. Once complete, Kewatkhali Bridge will divert traffic from the busy citycentre of Mymensingh. Being part of the Dhaka-Mymensingh-India border corridor project, the bridge will also help boostlocal and regional connectivity,the investment bank ...

Read More »

Biman to resume flights to Saudi Arabia from May 29

National flag carrier Biman Bangladesh Airlines will resume flight operations to Saudi Arabia from May 29. Biman decided to resume the service upon the assurance of hotel quarantine facilities in Saudi hotels, said Biman Deputy General Manager (Public Relations) Tahera Khandaker. Passengers have been requested to contact the nearest Biman sales counter to book hotels and quarantine packages and tickets. ...

Read More »

Cement price going to be hiked putting infrastructural dev in uncertainty

The price of the cement is going to be hiked in the local market in the face of raw material import adversities. The problems relating to shipping of the clinkers and other raw materials are responsible for the price hike, source said. Cost and freight of clinker at Chattogram port has jumped from $56-57 to $60-62 per ton.   Increase ...

Read More »

Gold price rises by Tk 2,041 per bhori

Gold price has been increased by Tk 2,041 per bhori in the country’s jewellry market. As a result, the new price of 22-carat of per bhori gold has stood at Tk 73,483. The new price will be effective from Sunday. It means gold price has been increased by Tk 4,374 per bhori just within a span of two weeks. Bangladesh ...

Read More »

Amazon shuts US construction site as serious nooses found

Amazon has shut down construction of a new US warehouse after seven nooses were found on-site in the last month. Construction has been stopped at the Windsor, Connecticut site until security measures have been put in place. Amazon said it was “deeply disturbed by the incidents happening”. It has offered a $100,000 (£70,589) reward for information on the nooses, the ...

Read More »

WB approves $600 mn for 2 projects to help poor in Bangladesh

The World Bank has approved $600 million for two projects in Bangladesh to help over 1.75 million poor and vulnerable populations. These two projects will include youths, women, disadvantaged groups, and returnee migrant workers to improve employability and livelihood opportunities, and build their resilience against future shocks like the Covid-19 pandemic, according to a WB media release. The $300 million ...

Read More »

Biman suspends Saudi Arabia-bound flights for 5 days

Biman Bangladesh Airlines has suspended flights to Saudi Arabia for five days starting Thursday after KSA authorities imposed new conditions on visitors against the backdrop of Covid-19 including hotel quarantine . Bangladesh Biman issued a notice issued in this regard this morning. The suspension will remain active till May 24, the notice added. All passengers are specially requested to contact ...

Read More »