Business News | Daily sun | 2019-08-24

Chinese company wants to sell Ivanka-branded sanitary pads Chinese company wants to sell Ivanka-branded sanitary pads

There are more than 250 trademark applications pending for the name "Ivanka"


GD Assist launches Second Medical Opinion services directly from USA GD Assist launches SMO services directly from USA

GD Assist Limited, a subsidiary of Green Delta Insurance, launches Second Medical Opinion (SMO) services…


China overtakes US as Germany's top trade partner China overtakes US as Germany's top trade partner

China overtook the United States last year to become Germany's biggest trading partner for the first…


Gold hits 4-month high, climbs Rs 325 on firm global cues Gold hits 4-month high, climbs Rs 325 on firm global cues

Gold prices rise by Rs 325 to regain the Rs 30,000-mark and trade at over 4-month high of Rs 30,175 per 10 grams at the bullion market on Saturday


Chittagong Stock Exchange gets new chairman CSE gets new chairman

Dr AK Abdul Momen has been elected new chairman of the Chittagong Stock Exchange (CSE). Abdul Momen,…


Record sale in Ekushey book fair on weekend Record sale in Ekushey book fair on weekend

A huge number of booklovers crowded at the Ekushey Book Fair on Bangla Academy premises in the capital…


PM to inaugurate second edition of Dhaka Apparel Summit Saturday PM to inaugurate Dhaka Apparel Summit Saturday

The Summit features three panel discussion sessions, offering an open and inter-active environment, and allowing full audience participation


Gas price hike a likely blow to garment industry Gas price hike a likely blow to garment industry

Gas prices will rise by an average 22.7 per cent in two phases starting next month, the Bangladesh Energy Regulatory Commission (BERC) announced


Chevron’s transition plans worry employees in Bangladesh Chevron’s transition plans worry employees in Bangladesh

The US firm is yet to provide any assurance to the future of 571 members of its Bangladesh workforce, as it signs deals with a Chinese firm


PVC prices gain in South Asia PVC prices gain in South Asia

In Bangladesh, prices of PVC were assessed higher at the USD 960/mt CFR levels, a week on week rise of USD 10/mt


International textile machinery exhibition begins in capital Int'l textile machinery exhibition begins

  International exhibition on textile and garment machinery kicked off in the capital Dhaka on…


Bank Asia, USAID-aided prog launch A-Card for farmers in Khulna A-Card for farmers launched in Khulna

Through the A-Card, farmers will get loans at 10 percent interest rate directly from Bank Asia with the assistance of microfinance institutions


Denim exhibition kicks off March 1 Denim exhibition kicks off March 1

The exhibition will include seminars, live presentations, panel discussions and workshops on global denim innovations and trends


Walton takes massive preparations to grab Air Conditioners sales Walton all out for grabbing AC sales

Walton to produce world-class AC with the assurance of perfect BTU through most advanced machines and latest technologies like ‘Golden Fin


Industries Minister Amir Hossain Amu says government encourages environment friendly industries Government encourages environment friendly industries: Amu

He says they are maintaining a ‘zero pollution and zero accident policy’ to protect the environment


Ollo cleared for 4G service across country Ollo cleared for 4G service across country

The verdict confers the legality of the allocation of 800 MHz spectrum as well as of the BWA license to BIEL, owner of the brand name Ollo


RMG exporters want duty-free access to US, Brazil RMG exporters want duty-free access to US, Brazil

BGMEA believes that this arrangement will be profitable for both the countries


Wal-Mart, General Mills and Popeyes climb; Kraft Heinz falls Wal-Mart, General Mills and Popeyes climb; Kraft Heinz falls

Several food and consumer goods makers climbed as investors felt Kraft Heinz could try to buy one of them


Greece agrees to bailout reforms compromise Greece agrees to bailout reforms compromise

Austerity-hit Greece's eurozone and International Monetary Fund lenders have been locked for months in a standoff over debt relief and budget targets


European Union profits as Trump turns away from trade: Commissioner EU profits as Trump turns away from trade: Commissioner

European Commissioner Cecilia Malmstrom says many countries are now turning to us, because they believe protectionism is not the right answer


Global arms trade highest since Cold War: study Global arms trade highest since Cold War: study

The share of countries in the Middle East and the Gulf monarchies jumps from 17 percent to 29 percent, far ahead of Europe


Kraft Heinz drops Unilever takeover bid Kraft Heinz drops Unilever takeover bid

Marmite-maker Unilever rejects the US food giant's bid on Friday, saying it saw "no merit, either financial or strategic" in Kraft's offer


56 entrepreneurs get CIP cards 56 entrepreneurs get CIP cards

25 receive awards in the heavy industry category, 15 in medium industry, five in small industry and two each in micro industry and cottage industry


Dhaka Apparel Summit-2017 begins on February 25 Dhaka Apparel Summit-2017 begins on February 25

The summit will also showcase the progress of initiatives taken to improve the safety standard and condition of the workers in the RMG sector


IMF agrees for $5 bn loan to Mongolia IMF agrees for $5 bn loan to Mongolia

The deal is subject to approval by the IMF's executive board, which is expected to consider Mongolia's request in March


Iran finds 2 billion barrels of shale oil reserves Iran finds 2 billion barrels of shale oil reserves

The exploration of shale gas reserves is in progress in the area, and the projected is likely to be completed in October, a official says


Stakeholders upset over delay in implementing BBIN's MVA deal Stakeholders upset over delay in implementing BBIN's MVA deal

The four-nation agreement, believed to be a precursor to cooperation in the fields like connectivity, energy, trade and ICT, will come into effect


Tofail urges India to remove tariff, non-tariff barriers Tofail urges India to remove tariff, non-tariff barriers

“Due to different tariff and non-tariff barriers, Bangladesh’s exports to India are not growing at the expected level," Tofail says


Tofail urges India to invest in Special Economic Zones Tofail urges India to invest in SEZ

Tofail says the government is ensuring all sorts of facilities, including transferring the total amount of capital, to the investors in the country to


Taxi fares for short Tokyo trips slashed to ¥410 Taxi fares for short Tokyo trips slashed to ¥410

The starting fare and price for the first 1.052km will be adjusted to between 380 yen (S$4.70) and 410 yen from Jan 30


Bangladesh exports 729 items abroad: Tofail Bangladesh exports 729 items abroad: Tofail

The major export items comprise knit ware, oven garment, home textile, jute and jute products, leather and leather products, frozen shrimp etc.


BEPRC signs deal with IDCOL, Rahimafrooz for study on solar power IDCOL, Rahimafrooz conduct study on solar power

Government wants to find a way for the solar plants to be used in pump operation so that this electricity could be utilised in a better way


Toshiba chairman quits over $3.4bn loss Toshiba chairman quits over $3.4bn loss

Earlier Toshiba delays issuing its results, but it then says it was set to report a net loss of 390bn yen ($3.4bn) in the year to March 2017


CEMS-Global and CCPIT-TEX to hold 11th DIFS 2017- Winter Edition CEMS-Global and CCPIT-TEX to hold 11th DIFS 2017- Winter Edition

CEMS Global organises exhibitions and is celebrating its 25 years of inception in the year 2017


Bangladesh seeks duty free market access to USA Bangladesh seeks duty free market access to USA

Bangladesh Ambassador to the USA Mohammad Ziauddin makes the call as he meets Congressman Ted S. Yoho in Washington D.C.


Credit Suisse narrows 4Q loss ahead of US settlement


Credit Suisse narrows 4Q loss ahead of US settlement

The bank said Tuesday its fourth-quarter loss narrowed to 2.35 billion Swiss francs ($2.34 billion)


Bashundhara Paper makes country self-reliant in paper production Bashundhara Paper makes country self-reliant in paper production

“Bashundhara paper grabs a major share of the market since its inception, and now the company is exporting paper abroad, Mustafizur Rahman says


Rice price spike in Khulna markets stings buyers Rice price spike in Khulna markets

Besides, wholesalers could not import rice from India, Myanmar and Thailand over the last one year as the government imposed a 28 percent import duty


Fake currency detection mobile phone hits market Fake currency detection mobile phone hits market

A new mobile phone named "Digo Detector" has been introduced in the market with fake currency detection feature for the first time in the country

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