p Business News | Daily sun | 2019-09-19

Sudan eyes economic revival as US lifts sanctions Sudan eyes economic revival as US lifts sanctions

Economic conditions in Sudan have been mired in persistent fiscal deficits, high inflation and the trade embargo imposed by Washington in 1997


Bashundhara to supply cement to Metro Rail project Bashundhara to supply cement to Metro Rail project

Bashundhara Cement chosen for the Metro Rail project owing to its superior quality and speciality in production through VRM technology


Business manoeuvres pressure Catalonia in crisis Business manoeuvres pressure Catalonia in crisis

The impact on the region can grow with a knock-on effect on banks’ various subsidiaries, insurers and property firms


First head rolls at Ryanair after pilot scheduling fiasco

Ryanair's top operations boss resigns

Michael Hickey will be the first executive to leave the company after a rostering error led to the cancellation of thousands of flights


Japan firm fined for excessive overtime Japan firm fined for excessive overtime

Dentsu's workplace practices have come under scrutiny after a young employee killed herself in 2015


Prices of chili, vegetables on rise Rice price still high

Against the backdrop of the rice price hike, prices of green chili, onion, ginger and vegetables have marked a sharp rise this week


Harvest of short duration Aman rice continues in Rangpur region Harvest of short duration Aman rice continues in Rangpur region

Farmers have cultivated Aman on over 5.93 lakh hectares of land exceeding the fixed target of bringing 5.26 lakh hectares of land.


BERC hearing on cutting power prices Thursday BERC hearing on cutting power prices Thursday

BERC Chairman Monowar Islam reveales the matter on Wednesday after hearing a separate proposal from Northern Electricity Supply Company (Nesco)


Why big brand perfumes may be losing their allure

Why big brand perfumes losing allure

He is convinced that there is a growing appetite for "something more personal that other people don't have"


Tofail seeks more Indian investments to reduce trade gap Tofail seeks more Indian investments to reduce trade gap

He says Indian investments and diversifying export products of Bangladesh can help reduce this gap


Vijay Mallya gets bail shortly after his arrest in UK Vijay Mallya gets bail shortly after his arrest in UK

Vijay Mallya has been arrested in London for the second time in a money laundering case. He was earlier arrested in April this year


Around 55 new private cars hit the streets everyday in the country Around 55 new private cars hit the streets everyday in the country

The number of total private passenger cars in the country is 3,24,701


Benapole land port back into business after 6 days Benapole land port back into business after 6 days

Trucks carrying imported goods start entering Benapole from India from 8am


Growth of middle class means major changes for China Growth of middle class means major changes for China

According to McKinsey & Co, by 2020 more than 3-quarters of China's urban consumers will earn 60,000 yuan to 229,000 yuan ($9,037 to $34,495) yearly


Japan business confidence hits decade high Japan business confidence hits decade high

Japan's latest inflation rate of 0.7 percent is still nowhere near the Bank of Japan's 2.0-percent target, despite years of record monetary easing


US-Bangla Airlines to fly Doha from Sunday US-Bangla Airlines to fly Doha from Sunday

The minimum one-way fare Tk 24,350 and return fare Tk 40,203 has been fixed in Dhaka-Doha route


Mashrafe becomes brand ambassador of bKash Mashrafe becomes brand ambassador of bKash

As a brand ambassador, Mashrafe will appear in various campaigns and activities to promote and create awareness on bKash's products and services


China to shut down North Korean companies China shuts down N Korean companies

China, Pyongyang's only major ally, has already banned textile trade and limited oil exports


Ryanair threatened with legal action by UK regulator Ryanair threatened with legal action by UK regulator

The fresh round of flight cancellations will be between November and March and affect the travel plans of a further 400,000 customers


Google acquires Cloud firm Bitium Google acquires Cloud firm Bitium

Founded in 2012, Bitium has been offering solution for managing Google Apps, Office 365, social network, CRM, collaboration and marketing tools


Bombardier hit by tariff in Boeing row Bombardier hit by tariff in Boeing row

An interim tariff of 220% has been proposed on the import of Bombardier's C-Series jet to the US


Potatoes not being released in markets as prices drop Potatoes not being released in markets as prices drop

The growers and traders apprehend that they would have to incur a huge loss of around Tk 400 per sack of potato by selling at the current market rate


Bashundhara Paper Mills signs deal with DSE, CSE Bashundhara Paper Mills signs deal with DSE, CSE

Bashundhara Paper Mills Ltd Company’s IPO fund will be used to purchase machinery, repay bank loans and bear the IPO expense


Macron urges EU-wide corporate tax band by 2020 Macron urges EU-wide corporate tax band by 2020

French President Emmanuel Macron proposes creating a single EU corporate tax band by 2020


Finance Minister Muhith calls for friendly relations between tax collectors, taxpayers Muhith calls for friendly relations between tax collectors, taxpayers

Muhith says it is joyful for the government that everyone helps to pay income tax


Taiwan bans all trade with North Korea

Taiwan bans all trade with North Korea

Taiwan joins a long list of countries which have urged North Korea to suspend any activity that harms or threatens peace in the Asia Pacific region


Government forms NCMID to improve business environment Govt forms NCMID to improve business environment

A gazette was published on September 21 in this regard


Uber boss says sorry over London 'mistakes' Uber boss says sorry over London 'mistakes'

The transport body of London cites Uber's approach to reporting serious criminal offences


Akhaura land port to remain shut for 11 days Akhaura land port to remain shut for 11 days

The land port will reopen on October 7 (Saturday)


Marcel product sales up by 66pc Marcel product sales up by 66pc

Marcel has registered 60 percent growth on fridge sales in last August, which is more than double than the target of Eid sales


Uber loses licence to operate in London: authorities Uber loses licence to operate in London: authorities

These include its approach to reporting serious criminal offences


Gold price opens lower in Hong Kong Gold price opens lower in Hong Kong

The gold price in Hong Kong goes down 10 Hong Kong dollars


Oil meeting at OPEC as strategy bears fruit Oil meeting at OPEC as strategy bears fruit

Twenty-four producers including Russia, Saudi Arabia and Riyadh's partners in OPEC agreed in late 2016 to reduce output


Toshiba to sell chip unit for $18bn to plug losses Toshiba sells chip unit for $18bn

The $18bn (£13.3bn) deal is designed to cover billions of dollars of losses incurred in Toshiba's US nuclear unit


Burger King brings back coupons with exciting King Deals Burger King brings back coupons with exciting King Deals

Guests, who will be dining in all Burger King Outlets, can get a bite of the iconic WHOPPER and exciting new items on the menu


Tata and ThyssenKrupp agree steel merger Tata and ThyssenKrupp agree steel merger

The tie-up will lead to job losses, to be shared between the two companies


Menon seeks media cooperation to promote tourism Menon seeks media cooperation to promote tourism

He says media is a major tool to promote tourism and we need more cooperation from our mainstream media


Make-in-India plan: US defence firms want control over tech Make-in-India plan: US defence firms want control over tech

Lockheed offers to shift its F-16 production line to India from Fort Worth, Texas, and make it the sole factory worldwide if India orders 100 fighters


17,012 Panchagarh flood-hit farmers to get agri-inputs 17,012 Panchagarh flood-hit farmers to get agri-inputs

The government allocates Taka 2, 03, 27000 for 17,012 flood affected farmers in Panchagarh

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