Captive power plant policy revised By Shamim Jahangir | Last Updated: 4th April, 2019, 00:00

The government has approved the revised policy guideline allowing captive power producers to sell their surplus electricity to other users. Prime Minister Sheikh Hasina approved the revised policy guidelines…

Captive power plant policy revised

Physicians, lawyers asked to pay ‘justified tax’ Physicians, lawyers asked to pay ‘justified tax’

The National Board of Revenue (NBR) is likely to issue a letter to the physicians and lawyers requesting…


Walton offers

14pc cash

discount Walton offers 14pc cash discount

The country’s electronic giant ‘Walton’ is offering 14.26 percent cash discount on…


One-stop service for tourism stressed One-stop service for tourism stressed

Tourism stakeholders at a workshop proposed a ‘one stop service’ for facilitating leisure…


CWCCI, IETO

ink MoU CWCCI, IETO ink MoU

Chattogram Women Chamber of Commerce and Industry and Indian Economic Trade Organisation signed a Memorandum…


Huawei declares top 10 ICT

talents in Bangladesh Huawei declares top 10 ICT talents in Bangladesh

Huawei, world’s leading ICT solutions provider has selected 10 outstanding ICT talents from 5…


Kamal off to Morocco Kamal off to Morocco

Finance Minister AHM Mustafa Kamal left Dhaka for Marrakesh, Morocco on Wednesday to attend the 44th…


‘Shipping sector

globally expanding’ ‘Shipping sector globally expanding’

State Minister for Shipping Khalid Mahmud Chowdhury on Wednesday said the shipping sector had achieved…


Samsung launches

Baishakhi offer Samsung launches Baishakhi offer

Samsung Mobile Bangladesh has announced ‘Baishakhi Offer’, a lucrative offer starting from…


News of the day News of the day

Asian markets enjoyed another rally Wednesday as a report said China and the US were closing in on a…


UK service sector shrinks 
for 1st time since July ’16 UK service sector shrinks for 1st time since July ’16

LONDON: Britain's vital services sector shrank in March for the first time in almost three years,…


Brent nears $70 as oil 
prices rise for 4th day Brent nears $70 as oil prices rise for 4th day

LONDON: Oil prices rose for a fourth day on Wednesday, pushing Brent toward a nearly five-month high…


US auto sales sag in Q1 US auto sales sag in Q1

NEW YORK: Major automakers reported a drop in first-quarter US auto sales on Tuesday but expressed confidence…


ECB in no hurry to spare banks 
negative interest rates ECB in no hurry to spare banks negative interest rates

FRANKFURT AM MAIN: The European Central Bank will consider carefully before moving to soothe the effects…


Australia economy seen 
stretching record run Australia economy seen stretching record run

Canberra: Australia is expected to extend its enviable recession-free run of growth into a third decade,…


German car

sales weaken

in March German car sales weaken in March

FRANKFURT AM MAIN: Sales for Germany’s vital car sector fell in March, data from the VDA industry…


Vietnam’s plastic import rises in Q1 Vietnam’s plastic import rises in Q1

HANOI: Vietnam imported over 1.5 million tons of plastic worth more than 2.2 billion U.S. dollars in…


UAE GDP up 12.9pc in Q4, 2018 UAE GDP up 12.9pc in Q4, 2018

DUBAI: Gross Domestic Product (GDP) in Emirate of Abu Dhabi increased by 12.9 percent in the fourth…


S Korea’s online

shopping logs

double-digit

growth in Feb S Korea’s online shopping logs double-digit growth in Feb

SEOUL: Online shopping among South Korean consumers logged a double-digit gain in February on demand…


News of the day News of the day

Sales of big-ticket US manufactured goods sank unexpectedly in February, with a sharp drop in aircraft…


Banks, FIs donate to PM’s relief fund Banks, FIs donate to PM’s relief fund

Different banks and financial institutions donated money to the Prime Minister’s Relief and Welfare…


‘Precarious’ global rebound 
expected in late 2019: IMF
‘Precarious’ global rebound expected in late 2019: IMF

WASHINGTON: Global growth in 2019 should be even slower than previously expected but a “precarious”…


‘3 countries granted 
Iran oil waivers have cut imports’ ‘3 countries granted Iran oil waivers have cut imports’

WASHINGTON: Three of the eight countries to which Washington granted waivers to import Iranian oil have…


KSA steps help boost 
non-oil sector growth KSA steps help boost non-oil sector growth

RIYADH: Saudi Arabia’s fiscal policies will help accelerate growth in the non-oil sector this…


Emirates NBD to pay $2.8bn for Turkey bank stake Emirates NBD to pay $2.8bn for Turkey bank stake

DUBAI: Emirates NBD, Dubai’s biggest bank, agreed to pay 15.48 billion Turkish lira ($2.8bn) to…


US refinery

inputs hit

record high US refinery inputs hit record high

HOUSTON: Gross inputs to U.S. petroleum refineries, also referred to as refinery runs, hit the highest…


ADB forecasts

Myanmar's

economy to

grow 6.6pc ADB forecasts Myanmar's economy to grow 6.6pc

YANGON: The Asian Development Bank (ADB) forecasted that Myanmar's gross domestic product (GDP)…


Chinese, UAE

entrepreneurs

seek to

enhance trade Chinese, UAE entrepreneurs seek to enhance trade

DUBAI: A trade and investment meeting between China and the United Arab Emirates (UAE) was held on Monday…


Morocco’s trade

deficit up

10.6pc in Feb Morocco’s trade deficit up 10.6pc in Feb

RABAT: Morocco's trade deficit increased by 10.6 percent to over 3 billion U.S. dollars by the end…


Nigerian movie

industry expects

foreign

investments Nigerian movie industry expects foreign investments

ABUJA: Nigeria's movie industry, also known as Nollywood, is open for foreign investments in order…


Stocks go down
Stocks go down

Country’s two bourses closed on Wednesday with a downward trend following fall of some large caps…


Rupee rises 9 paise to 
68.65 against dollar Rupee rises 9 paise to 68.65 against dollar

MUMBAI: The rupee appreciated by 9 paise to 68.65 against the US dollar in opening trade Wednesday,…


Tokyo stocks close higher Tokyo stocks close higher

TOKYO: Tokyo shares closed higher on Wednesday following a report saying that the US and China were…


Sensex rises over 150 points Sensex rises over 150 points

MUMBAI: The BSE benchmark Sensex rose over 150 points in early trade led by gains in banking and auto…


HK stocks

rise HK stocks rise

HONG KONG: Hong Kong stocks rose for a seventh straight day Wednesday, in line with another regional…


London shares

stable London shares stable

LONDON: London’s stock market steadied at the start of trading on Wednesday, after British Prime…


US stocks end mixed US stocks end mixed

NEW YORK: Wall Street stocks finished mixed on Tuesday, with an upbeat forecast from Delta lifting airlines,…


Taka down against euro, pound Taka down against euro, pound

The local currency Taka dropped against the Euro and the UK pound, and it remained unchanged against…


Commodity at a glance Commodity at a glance

Prices of most essential commodities remained unchanged in the city’s kitchen markets on Wednesday.…


Corporate Corner Corporate Corner

Prime Minister Sheikh Hasina addresses the inaugural ceremony of BGMEA Complex, built at Uttara in the…

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