Trade

System loss in gas distribution slumps to 7.5 pc from 22pc: Nasrul

System loss in gas distribution slumps to 7.5 pc from 22pc: Nasrul

System loss in the gas distribution segment has been brought down to 7.5 per cent now, from 22 per cent two years ago. State Minister for Power, Energy and Mineral Resources Nasrul Hamid disclosed this while visiting the headquarters of Titas Gas Transmission and Distribution Company Limited in th

Patenga Container Terminal set for opening in June

Patenga Container Terminal set for opening in June

CHATTOGRAM, Apr 26: The Patenga Container Terminal will be commissioned in June this year, marking the first time a foreign company will manage a terminal at Chittagong port. The container terminal, financed by the port itself, has been awarded to Red Sea Gateway Terminal International of Saudi

National committee formed to boost fisheries sector growth

National committee formed to boost fisheries sector growth

The government has formed a 29-member national committee on fish and shrimp to formulate necessary policy aimed at fostering growth in the sector. Members of the committee, headed by the Prime minister, include 12 ministers and junior ministers from different ministries, including fisheries and li

Islami Bank's Noakhali zone holds employee conference

Islami Bank's Noakhali zone holds employee conference

Islami Bank Bangladesh PLC's on Friday organised an employee conference for its Noakhali zone. The programme was held at Magic Paradise Park in Cumilla, says a media statement. Mohammed Monirul Moula, managing director of the bank, addressed the conference as the chief guest. Presided over by Md

Faruque Ahmed elected as chairperson of RDRS Board of Trustees

Faruque Ahmed elected as chairperson of RDRS Board of Trustees

RDRS Bangladesh, a development and humanitarian organisation, has announced Mr Faruque Ahmed as the new chairperson of its Board of Trustees. Mr Ahmed's election took place during the 66th meeting of the board, and his three-year tenure is set to commence on Saturday (April 27, 2024), according to


TikTok China parent firm says no plans to sell app

TikTok China parent firm says no plans to sell app

TikTok's Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America. "ByteDance doesn't have any plans to sell TikTok," the company posted on its official account on Toutiao, a

Trademark application processing faces extreme delays in BD: USTR

Trademark application processing faces extreme delays in BD: USTR

Bangladesh is one of the top three countries where processing trademark applications faces extreme delays, according to a latest annual report of the United States Trade Representative. The two other countries are Iraq and South Africa, says the USTR 2024 Special 301 Report on Intellectual Propert

Abdul Monem Sugar Refinery’s rejoinder and FE’s reply

Abdul Monem Sugar Refinery’s rejoinder and FE’s reply

The management of Abdul Monem Sugar Refinery, in a rejoinder issued on Thursday, termed inappropriate the news item headlined ‘Abdul Monem Group’s bank accounts frozen’ published in the Thursday issue of The Financial Express. "The comment on misuse of the bond facility and illeg

Heatwave causes Tk 2 billion poultry losses in 10 days

Heatwave causes Tk 2 billion poultry losses in 10 days

Around 100,000 chickens are dying each day due to heatstroke during the ongoing heatwave, according to poultry farmers, causing firms to incur Tk 200 million loss per day. These losses translate to Tk 2 billion worth of birds being lost in the past ten days, said the Bangladesh Poultry Association

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