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Govt to sign 10-yr deal with Indonesian co for coal import By Shamim Jahangir | Last Updated: 17th June, 2019, 00:00

The government will sign a 10-year agreement today with Indonesian largest coal supplier PT Bayan Resources Tbk for import of coal to feed the country’s first largest coal-fired power plant at Pyara,…

Govt to sign 10-yr deal with Indonesian co for coal import

BGMEA demands 3pc cash incentive for RMG sector BGMEA demands 3pc cash incentive for RMG sector

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has demanded three percent cash incentive…


UKBCCI keen to expand trade, investment 
in Bangladesh UKBCCI keen to expand trade, investment in Bangladesh

Leaders UK-Bangladesh Catalysts of Commerce and Industry (UKBCCI), a leading umbrella of British-Bangladeshi…


Budget disappoints 
tech businesses Budget disappoints tech businesses

Technology business leaders on Sunday urged the government to withdraw additional taxes on digital trading…


DSE terms budget as capital-mkt friendly DSE terms budget as capital-mkt friendly

Dhaka Stock Exchange (DSE) has hailed the proposed budget for fiscal year 2019-2020 (FY20) describing…


Honda Cars may raise vehicle prices Honda Cars may raise vehicle prices

NEW DELHI: Honda Cars India is considering to increase vehicle prices by up to 1.2 per cent from next…


Emirates driving school in Dhaka soon Emirates driving school in Dhaka soon

Emirates Driving Institute, the largest and most successful Driving Institute in the Middle East, is…


‘Govt to build 200 paddy

silos to ensure fair price’ ‘Govt to build 200 paddy silos to ensure fair price’

Food Minister Sadhan Chandra Majumder said the government has planned to build 200 silos across the…


Switzerland to assist Bangladesh on

taxation system Switzerland to assist Bangladesh on taxation system

Switzerland has expressed interest to work closely with Bangladesh for modernisation of its taxation…


News of the day News of the day

President Donald Trump likes to take credit for the US economy, with historic low unemployment and few…


India can boost exports of 350 products to US India can boost exports of 350 products to US

NEW DELHI: The ongoing trade war between the US and China offers an opportunity to India for boosting…


Japanese cos opposed 
to US slapping addl 
tariffs on Chinese goods Japanese cos opposed to US slapping addl tariffs on Chinese goods

WASHINGTON: US subsidiaries of Japanese companies, as well as American and Chinese businesses, have…


BoE to keep key 
rate unchanged
BoE to keep key rate unchanged

London: Bank of England policymakers will probably keep policy on hold on Thursday despite warnings…


Dubai’s private sector 
grows in May Dubai’s private sector grows in May

DUBAI: Dubai's non-oil private sector growth accelerated in May to its strongest pace since 2010,…


UAE, India to

renegotiate

bilateral air

service deal UAE, India to renegotiate bilateral air service deal

New Delhi: The UAE Ambassador to India, Dr. Ahmad Abdulrahman Al Banna, has met with India’s new…


Beijing new

airport subway

line starts test run Beijing new airport subway line starts test run

BEIJING: Self-driving trains for the subway line connecting downtown Beijing with its new international…


Russia’s central bank 
eyes launching its 
own digital currency Russia’s central bank eyes launching its own digital currency

MOSCOW: Russia’s Central Bank is considering plans of launching its own digital currency, but…


Europe falls behind 
US in cost of living Europe falls behind US in cost of living

LONDON: Europe now accounts for less than a fifth of the world’s most expensive cities due to…


India’s housing finance 
growth may slow to 15pc India’s housing finance growth may slow to 15pc

NEW DELHI: Housing finance growth is set to slow down to 13-15 per cent this fiscal, lower than the…


Saudi Arabia

committed to

Aramco IPO Saudi Arabia committed to Aramco IPO

RIYADH: Saudi Arabia remains committed to selling shares in national oil conglomerate Aramco through…


News of the day News of the day

China enjoys the potential to become the world's largest cruise market, as its cruise tourism industry…


China prepared for long 
trade fight with US China prepared for long trade fight with US

SHANGHAI: The United States has underestimated the Chinese people's will to fight a trade war and…


US-India trade tension hangs 
over Indian capital markets US-India trade tension hangs over Indian capital markets

New Delhi: Indian equity markets could come under pressure over the fresh tension between the US and…


US Fed leans toward a cut, 
don’t expect one this week US Fed leans toward a cut, don’t expect one this week

WASHINGTON: As President Donald Trump’s trade wars drag on, and the global economy weakens, the…


Pakistan to get $3.4bn in budgetary aid from ADB Pakistan to get $3.4bn in budgetary aid from ADB

ISLAMABAD. Pakistan will receive $3.4 billion (Dh12.47 billion) in budgetary support from the Asian…


War risk ins spirals higher for Middle East oil tankers War risk ins spirals higher for Middle East oil tankers

Singapore: Oil tanker owners face spiralling insurance costs to load cargoes from the world’s…


Chinese non-life

insurers to seek

capital on slower

surplus growth: Fitch Chinese non-life insurers to seek capital on slower surplus growth: Fitch

BEIJING: Chinese non-life insurers, especially those with small scale operations, volatile underwriting…


Dubai’s economy

picks up speed,

promises

stronger Q2 ’19 Dubai’s economy picks up speed, promises stronger Q2 ’19

Dubai: Signalling growing investor confidence in Dubai, new business licenses issued in the emirate…


Gold busts

above $1,350

as Iran tension Gold busts above $1,350 as Iran tension

London: Gold futures climbed above $1,350 an ounce to reach a 14-month high as rising geopolitical tensions…


‘Walkar’ footwear

opens outlet

in Tangail ‘Walkar’ footwear opens outlet in Tangail

Walkar, footwear brand of RFL Group, opened its 50th outlet in Tangail recently. Numerous stylish shoes…


Stocks see fall trading Stocks see fall trading

Stocks on Sunday closed the session of the week with downward trend due mainly to price fall in large-cap…


Jamuna Bank approves 20pc cash dividend Jamuna Bank approves 20pc cash dividend

The 18th annual general meeting of Jamuna Bank Limited was held on Sunday at the Police Convention Centre…


Mortgage rates remain steady in US housing market Mortgage rates remain steady in US housing market

WASHINGTON: Mortgage rates remained flat in the United States last week, the Federal Home Loan Mortgage…


China’s excavator sales falling in May China’s excavator sales falling in May

BEIJING: Sales for China's major excavator producers declined in May, the first drop in 34 months,…


Chinese self-driving 
co ready for road test Chinese self-driving co ready for road test

GUANGZHOU: Chinese AI-powered mobility company WeRide is ready for its intelligent connected vehicle…


Mercantile Bank

to celebrate

20th anniv today Mercantile Bank to celebrate 20th anniv today

Mercantile Bank Limited organised a press conference on the occasion of its 20th founding anniversary…


BDBL holds training course BDBL holds training course

Bangladesh Develop-ment Bank Limited (BDBL) organised a training course on ‘Commercial and General…


BASIC Bank signs deal with

Square Hospital BASIC Bank signs deal with Square Hospital

An agreement has been signed between BASIC Bank Limited and Square Hospitals Limited in the capital…


Taka up against pound, euro Taka up against pound, euro

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


Commodity at a glance Commodity at a glance

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


Corporate Corner Corporate Corner

Skyscrapers and modern office buildings are pictured on the horizon beyond older buildings in the City…

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