By: The Daily Star staff Correspondent Not many occasions can bring together so many business icons, corporate executives, academics and civil society members than did last night’s business awards ceremony organised by The Daily Star and DHL Express. It was a triumphant night that recognised the most successful businesspeople and companies in the country. The [...]
By: Kamrun Nahar Bangladesh and Bhutan will hold talks next month in pursuance a proposal from Thimpu on bilateral trade and possible signing of transit protocol between the two countries. Officials said Bhutan has shown keen interest to improve bilateral trade and use Bangladesh’s seaports, airports and five new land customs stations (LC) along the [...]
Continue reading …It was a great moment of joy for architect Tanya Tazeen Karim, who was one of the recipients of the Bangladesh Business Awards last year. Tanya, who was crowned as the Outstanding Woman in Business, was pleasantly surprised. “This award has recognised us as a proper business establishment as well as a profession,” Tanya said [...]
Continue reading …By: The Daily Star Business Reporter Some investors of Unipay2u Bangladesh, a multi-level marketing (MLM) company, yesterday threatened to go for tougher agitation if the government failed to arrest fraudsters within 24 hours. They alleged that the top management of Unipay2u embezzled nearly Tk 6,000 crore by cheating six lakh people between October 2009 and [...]
Continue reading …By: Rejaul Karim Byron The World Bank may soon cancel its funding for the Padma bridge project, as the government took no effective steps in response to the donor agency’s reports on corruption allegations involving the project. Getting such a hint from the World Bank, Finance Minister AMA Muhith has taken initiative to find alternative [...]
Continue reading …By: Ismail Hossain Non-banking financial institutions (NBFIs) have welcomed the central bank move of relaxing foreign exchange regulations which would allow them providing term loans in local currency to foreign companies through authorised dealer (AD) banks. “This is a great step taken by the Bangladesh Bank and it will widen our business further,” chairman of [...]
Continue reading …The Prime Minister of Bangladesh, Ms. Sheikh Hasina yesterday thanked US Secretary of State Hillary Clinton to visit Bangladesh expressing her firm hope that the visit would be a great boost in the existing bilateral relations between the two countries. In a courtesy call on Hillary Clinton at her office here yesterday evening, the Prime [...]
Continue reading …To transform the parched, arid Bangladeshi soil into a lush organic tea garden took dung. Tons of it. How to acquire the massive amounts needed was the sticky problem facing Kazi Anis Ahmed, the 41-year-old cofounder and president of Teatulia. After all, it was not exactly part of the doctoral thesis in comparative literature that [...]
Continue reading …The government has banned sale of chicken at kitchen markets on every Monday to prevent an outbreak of ‘Bird flu’ again in the country, said a senior official of the Health ministry. Dhaka City Corporation (DCC) South already instructed the kitchen market management committee to take action to make “Chicken Free Monday” to prevent ‘Bird [...]
Continue reading …By: Iqbal Siddiquee, Sylhet With only Tk 2,500 in her pocket and a sewing machine from her sister, Rona Begum began her small business. She had attended a six-month vocational training run by the Department of Youth Development prior to that. Rona’s Utsab Tailors Training and Sales Centre began its journey in 1997. Fifteen years [...]
Continue reading …By: Jasim Khan Contractors delaying work start in development projects of the government after getting the work have contributed to the record low implementation of the Annual Development Programme (ADP) and poor utilisation of external aid. Both big and mid level contractors after winning the contracts start bargaining with the government for raising the cost [...]
Continue reading …The Indian government today allowed fresh cotton exports, easing a two month old restriction, after members of Congress party and its allies demanded review in the interest of cotton farmers’. “After a comprehensive review (by a ministerial panel) it was decided that suspension of new registrations for cotton exports be revoked and exports be permitted,” [...]
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