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Category Archives: Business Views & Comments

BB urges IGP to beef up bank security

Bangladesh Bank has written to the Inspector General of Police to beef up security at banks in view of intensifying political violence across the country ahead of the Jan 5 elections. The security cover, including the deployment of police, should be increased at the main and branch offices of all banks to help them function smoothly, the central bank said ... Read More »

Japan, Myanmar sign investment pact

Japan and Myanmar on Sunday signed an investment treaty to nurture closer business ties as the once secluded Southeast Asian country opens its fast-growing economy to more foreign commerce. Prime Minister Shinzo Abe and Myanmar President Thein Sein signed the deal in summit talks following a gathering of leaders from the Association of Southeast Asian Nations in Tokyo. Japanese businesses ... Read More »

Afghanistan: The Promise of 2014

  By Tulika Bhatnagar This is the year that will determine Afghanistan’s future. In the deeply fissured nation ,this future depends on achieving security, peace, and stability after the NATO troops withdraw forces in 2014. In an e-mail exchange regarding what they feel about the promise of Afghanistan in 2014, Zabiullah Mujahid, media spokesperson for the Afghan Taliban, talked about ... Read More »

PM seeks more Chinese investment in Bangladesh Prime Minister Sheikh Hasina on Thursday sought more Chinese investment in various sectors of Bangladesh including infrastructure. She made the request when a Chinese delegation led by Policy Adviser for Asian Affairs in the Ministry of Foreign Affairs of China Ambassador Luo Zhaohui called on the Prime Minister at her office. During the meeting, the Prime Minister reiterated Bangladesh’s ... Read More »

Blockade hampered sales, supply of Milk Vita

The sales of milk vita brand pasteurized milk have fallen drastically in the recent week as the distribution from the country’s biggest dairy farm slowed down due to opposition-led countrywide blockade. Besides hampering the sales, the ongoing non-stop siege and hartal have been causing immense trouble to the health of the consumers, especially the children. In this backdrop, the management ... Read More »

DCCI seeks HK investment in Bangladesh President of the Dhaka Chamber of Commerce and Industry (DCCI) M Sabur Khan has called upon the businessmen in Hong Kong and Hong Kong-based US investors to invest further in various prospective sectors in Bangladesh. The call came at a bilateral meeting between leaders of the visiting Bangladeshi trade delegation and the Chinese General Chamber of Commerce (CGCC) at ... Read More »

Opinion: IMF’s alert on EU’s GSP facility

 By Hemayet Hossain International Monetary Fund (IMF) has cautioned the government about the possible backlash to the economy if the European Union moves with its threat to scrap the GSP facility for duty free exports in case Bangladesh fails to implement fire and factory safety standards in garment factories. This is a repeat warning after the EU Trade Commissioner made ... Read More »

DBH approves 25pc dividend Delta Brac Housing Finance Corporation Ltd. (DBH) has approved 25 percent cash dividend for the fiscal 2012-13 as proposed by the Board of Directors. The approval was given at the 17th annual general meeting (AGM) of the company held at La Vita Hall of Lakeshore Hotel & Apartments in the city on Wednesday with its chairman Faruq A Choudhury ... Read More »

Rahimafrooz GLOBATT hits world markets GLOBATT, country’s only advanced technology MF battery is at its full-thrust in positioning itself among world’s leading auto battery brands. This unique situation has made Rahimafrooz GLOBATT a very strong contender in the global arena and currently they are leading all the brands in maintenance free category in Asia, Africa, GCC and EU markets, said a press release. In ... Read More »

Grameen UNIQLO opens store in city Grameen UNIQLO opened a new apparel store in the capital on Friday last for ultimate shopping experience for its valued customers. Tadahiro Yamaguchi, Chief Operating Officer of Grameen UNIQLO inaugurated the store at Mohammadpur. Other top officials of the company attended the ceremony. The company will also open a similar store in December at Wari area of the capital. ... Read More »