Business

Ahead of beginning of the sugarcane crushing season, the government is worried about the availability of sugarcane to run the 15 state-owned sugar mills. The Bangladesh Sugar and Food Industries Corporation has announced that sugarcane crushing at the government-owned mills would begin on November 13. The season will be inaugurated on the day at the ... Read more

Telephone Shilpa Sangstha Limited (TSS), the state-run telephone equipment manufacturer, is set to go under an automated production system by December, eyeing production of more than a thousand landline sets a day. “An automated system by the year-end will enable our company to make telecom equipment,” TSS Managing Director Mohammad Ismail told The Daily Star. ... Read more

Bangladesh’s mobile penetration rate stood at 28 percent in 2008 lagging behind war-ravaged Afghanistan’s 29 percent in South Asia, according to a regional report. “Of course, the fact that Afghanistan is ahead of Bangladesh in mobile penetration should cause all sorts of palpitations in government offices in Dhaka,” said the report tilted ‘Telecom Access Rankings ... Read more

A three-day British fusion food festival — Taste of Britain Curry Fest — is set to start at Dhaka Sheraton Hotel today, which will present the culinary success of British Bangladeshis in the UK. Dhaka Sheraton Hotel and Curry Life, a British magazine on UK’s fusion food industry, are co-organising the festival. GM Quader, civil ... Read more

From The New Nation Bangladesh real estate sector has rebounded and is expected to achieve an impressive growth of 15 per cent in 2010 thanks to the government’s supportive policy for helping recover the sector even amid global recession. To boost the sluggish business hit by global meltdown and political turmoil, developers have taken a move ... Read more

From The Daily Star The government has moved to expand the runway of Cox’s Bazar airport, aiming to upgrade it to international standards and offer foreign holidaymakers a hassle-free trip to the world’s longest unbroken sea beach. “We have taken steps to expand the runway at Cox’s Bazar airport and develop other facilities,” GM Quader, ... Read more

From The New Nation Another brand of CFC-fee inhaler, manufactured by Beximco Pharma hit the market while international Ozone phase-out bodies seen it as a great private-public stride to phase out use of ozone depleting chlorofluorocarbons (CFCs). Bangladesh as a signatory to Montreal Protocol, need to phase out use of all CFCs by December this ... Read more

Chain superstore Agora celebrated its 8th anniversary through different programmes in the Dhaka city on Saturday. Rahiamafrooz Group chairman Afrooz Rahim, and Firoz Rahim, the group’s managing director and chairman of Rahimafrooz Superstores Limited, operating company of Agora, inaugurated the anniversary celebration programme at the superstore’s Rifle Square outlet in Dhaka, said a

Building Technology and Ideas Ltd organised a day-long ‘Apartment Fair’ at Uttara in Dhaka on Friday as part of its promotional campaign. The fair was a part of the company’s promotional activities and the company will arrange such programme at different areas of the Dhaka and Chittagong cities, said a new release. The company distributed ... Read more

From NewAgebd Despite slow growth in exports of fresh vegetables and fruits, businessmen of these sectors are hopeful about the potentials. They, however, want government’s help in establishing a modern processing centre with testing, sorting and packaging facilities and an efficient and hassle-free airport services. Businessmen believe that such centre would help them in exporting ... Read more

From NewAgebd South Korea will recruit more Bangladeshi workers from next year as the country is recovering from the economic crisis, a government official has said. Syed Nasir Ershad, first secretary to the Bangladesh Embassy in Seoul, said Thursday that frequent change in work places by some workers had tarnished the positive image of Bangladeshis ... Read more

From The New Nation Being monotonous with the deen and bustle of the busy city life, random botheration of sound pollution, fusion and busyness; sometimes inside your hidden mind you will feel going over vacation elsewhere, where there will be no artificial touch; rather fresh and open air, natural environment and scenic surrounding. As per ... Read more

From The Daily Star Augere Wireless Broadband Bangladesh Ltd yesterday launched the much-waited wireless broadband service through WiMax in some designated areas in Dhaka. Augere, one of the two WiMax licensees, is the first company in Bangladesh to launch such service under the brand name ‘Qubee’. Augere is initially offering two packages. Customer will have ... Read more

From The New Nation The creepers of arum – kachurloti – could become one of the major foreign exchange earners as the product grown on a hectare spending Taka 75,000 could fetch nearly Taka 4 lakh. Former deputy director of Department of Agriculture Extension (DAE) Md. Hashanur Rahman, told BSS that 15,000 farmers have been ... Read more

From The Daily Star Grameenphone’s initial public offering (IPO) has been oversubscribed more than 3.5 times — evidence of huge enthusiasm from prospective investors for the largest mobile phone operator’s shares. The telecom company offered 69,439,400 ordinary shares at Tk 10 each, in addition to a Tk 60 premium, totalling Tk 486.08 crore. But the ... Read more

Sheltech, one of the pioneer real estate companies in the country, is going to start a five-day housing fair today to sell around 600 flats of 15 projects and some 100 plots on a ‘reduced rate’. The fair being held at Sheltech’s own building at city’s Panthapath would remain open for all from 10:00am to ... Read more

It is possible to increase exports Bangladeshi apparels to South Africa from $43 million to half a billion within two to three years subject to government efforts, said the president of Bangladesh Knitwear Manufacturers and Exporters Association.    ‘A $500 million worth market for made-in-Bangladesh apparels is very much possible in South Africa in just ... Read more

A four-day real estate fair, 7th BD-RED Abasan Mela 09, began in Chittagong yesterday, with a commitment to developing environment-friendly housing for all. Industries Minister Dilip Barua inaugurated the fair organised by Bangladesh Real Estate Directory (BD-RED) at the Institution of Engineers, Bangladesh Chittagong centre auditorium in the evening. The minister called to make coordinated ... Read more

A 3-day fair, Sylhet Housing Fair ’09 will begin in London from December 27. Organisers from the Real Estate Association of Sylhet told a press conference at Sylhet Press Club yesterday that the event targets the non-resident Bangladeshis in London. Creative Events is the event manager. Twenty-six reputed real estate companies, including 3 from Dhaka, ... Read more

“Our stock market is getting a better shape day-by-day and the regulatory bodies should come up with certain measures to make it a vibrant one. The regulatory bodies should also monitor the stock market activities.” Speakers opined at the inaugural ceremony of Chittagong Stock Exchange CSE’s new office at Sylhet. CSE President, Nasiruddin Ahmed Chowdhury ... Read more