The Bangladesh Private Cable System (BPCS) Consortium has signed an agreement with Nokia for the supply of Submarine Line Terminal Equipment (SLTE), marking a significant step forward for the Cox's Bazar-Singapore submarine cable project. The agreement was signed on Sunday evening at a ceremony he
Onion imports from India through Benapol land port resumed on Monday after a gap of three months. The first consignment of onions under the 31st transshipment entered Benapol from Petrapole port in India around 2 pm. The imported onions were brought in by Satkhira-based M/S HK A Enterprise and Je
ADN Telecom Limited successfully conducted its 22nd Annual General Meeting (AGM) at Lakeshore Hotel, Dhaka. This year’s AGM was held in a hybrid format, allowing shareholders to participate both in person and virtually through a dedicated online portal, according to a media release. T
Bangladesh remains a “promising destination” for South Korean investment, but further reforms to its business environment will be crucial if the country is to attract sustained foreign capital and manage a smooth transition beyond least developed country (LDC) status, South Korea’
The National Board of Revenue (NBR) is prepared to offer “tax exemptions” on both the import and local production of mobile phones in a bid to reduce prices and bring high-end devices into formal channels, revenue authorities’ chief Abdur Rahman Khan has said. On Monday, Khan sai
The United States has demanded that the European Union exempt its oil and gas from obligations under the bloc's methane emissions law on fuel imports until 2035, a US government document seen by Reuters showed. Starting this year, the EU requires importers of oil and gas to Europe to monitor and r
Germany's financial regulator BaFin on Monday announced stricter oversight of Berlin-based online bank N26, including limits on new business in the Netherlands and the instalment of a special monitor, after finding lapses in compliance by the lender. The measures mark the second time since 2021 th
Midland Bank Family provided financial assistance of Tk 10.00 Lac to Bengal Institute for the comprehensive publication on the work and life of Architect Muzharul Islam. The bank provided Tk 5.00 lac financial assistance from its Islami Banking Fund under its Corporate Social Responsibilities (CSR
The Advisory Council Committee on Government Purchase has recommended the procurement of one cargo of liquefied natural gas (LNG) from the international spot market to meet the country’s growing energy demand. The decision was taken in a meeting of the committee at the Cabinet Division Confe
Secretary of the Ministry of Industries Mohammad Obaidur Rahman said the government is working to resolve the longstanding challenges faced by the shipbreaking industry through policy support and capacity-building initiatives. He made the remarks while inaugurating the office of the Bangladesh S
