March 29, 2024
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  • Record price hike of Soybean oil in the country’s history

    Staff Correspondent: Soyabean oil prices have risen again in the country due to the increase in the price in the world market. The retail price of edible oil has been raised by Tk 7 per litre.The Bangladesh Edible Oil Refining and Vegetable Growers Association informed the Commerce Ministry yesterday.From now…

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  • ACC to investigate graft of Eng Akhtaruzzaman

    Allegation of misappropriating at around Tk 1,500 cr Golam Mostafa Jibon: The Anti-Corruption Commission (ACC) has started an investigation against Md. Akhtaruzzaman, Additional Chief Engineer of Dhaka WASA for embezzling large sums of money through massive corruption and irregularities in three projects. He was also Project Director (PD) of three…

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  • Protection of Hindus, others must be ensured: AI

    It seeks prompt, fair probe Staff Correspondent: Amnesty International’s South Asia Campaigner Saad Hammadi has urged the authorities to take urgent steps to protect the members of the minority community in Bangladesh against any attacks and ensure access to justice and effective remedies for victims.“Authorities must promptly, thoroughly, impartially and…

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  • IFC invests $22.7m in BD’s Hamza Textiles

    Industry Desk: International Finance Corporation (IFC) has invested $22.7 million in Hamza Textiles Limited (HTL), a dyeing and finishing company of Dulal Brothers Ltd. (DBL) Group here aims to improve global competitiveness for Bangladesh’s ready-made garments (RMG) sector.The financing will help build a new factory with advanced and resource- efficient…

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  • PM urges countrymen not to waste food

    Staff Correspondent: Prime Minister Sheikh Hasina yesterday urged allnot to waste food saying food was being wasted in many countries while manynations were suffering from food shortage.“Don’t waste food,” she said in a virtual address from her officialGanabhaban residence coinciding with the World Food Day stressing the needfor finding ways…

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  • 20 yrs plan to increase gas extraction locally

    Staff Correspondent:Keeping 2041 in mind, the state-owned oil and gas exploration company Bapex has undertaken a 20-year future plan for further natural gas extraction to ensure energy security in the country.“The government has decided to dig wells going deep layer as the shallow reserves of many gas fields have dwindled.…

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  • Asia accounts over half of the global hungry

    Industry Report: When you tuck into your next meal, spare a thought for those going hungry on World Food Day across Asia today.Asia accounts for the bulk of people who are undernourished around the world today, with 418 million people making up over half of the hungry mouths worldwide.The majority…

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  • Local representatives must resist those who inflame violence: Tazul

    Staff Correspondent: LGRD Minister Tazul Islam has called on local public representatives to be alert and stand strong against those who would seek to destroy communal harmony.“I am making a call to all public representatives at the city corporation, municipal, upazila parishad, district parishad and union parishad level, and all…

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  • Bangladesh economy rebound in 2021 by V-Shaped recovery

    Industry Desk: Dhaka Chamber of Commerce and Industry(DCCI) has expected that Bangladesh’s economy will rebound in 2021 propelled by V-Shaped recovery.A V-shaped recovery is characterised by a quick and sustained recovery in measures of economic performance after a sharp economic decline.DCCI President Rizwan Rahman said despite COVID-19 stress, Bangladesh has…

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  • Energy crisis prompts Asia to turn to US

    Industry Desk: Asian demand for US oil is rising as the energy crisis boosts prices for other crudes that are priced against the global Brent futures contract.China and other Asian buyers have been snapping up supertankers of American sour crudes for delivery in November and seeking more for December, according…

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