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

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

Dhaka Bank inaugurates 31st sub branch at Shanir Akhra

Dhaka Bank inaugurates 31st sub branch at Shanir Akhra

Dhaka Bank has inaugurated its 31st Sub Branch at ShanirAkhra in Dhaka city. A M M Moyen Uddin, deputy managing director of the bank, inaugurated Shanir Akhra Sub Branch under Jatrabari Branch on Thursday, according to a press release. Alhaj Mostaq Ahmed, ward commissioner of 62nd Ward grace the

Uttara Bank opens sub-branch in Baniachong

Uttara Bank opens sub-branch in Baniachong

Uttara Bank PLC on Thursday opened a new sub-branch at Baniachong upazila in Habiganj district. Managing Director and CEO of the bank Mohammed Rabiul Hossain inaugurated the sub-branch as the chief guest, says a media statement. Deputy Managing Director Md Rezaul Karim along with Mr Md Atiqur Rah

More