Business

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

Warid Telecom offers international roaming services to its prepaid subscribers, said the mobile operator in a statement yesterday. All Warid prepaid subscribers will be able to enjoy international roaming facility while travelling abroad without any security deposit or subscription fee for activating the service. “The launch of international prepaid roaming services with attractive offers is ... Read more

Transcom Foods Ltd launched KFC and Pizza Hut outlets on Baily Road in Dhaka yesterday. Akku Choudhury, executive director of Transcom Foods, led the launching ceremony. Theatre personalities Aly Zaker and Sara Zaker and actress Tomalika Karmakar were also present at the launch. Transcom Foods is the franchisee of international restaurant chains Pizza Hut and ... Read more

Both the garment exporters and labour leaders on Wednesday urged global buyers to be ethical in sourcing, and to give orders to those garment factories which comply with the rules of the buyer country. Such compliance, they pointed out, is a precondition for the sustainable growth of the readymade garment sector in the country. Participants ... Read more

The subscription of Grameenphone’s initial public offering, the largest in Bangladesh’s capital market history, ends today amid signs of overwhelming responses from prospective investors. For non-resident Bangladeshis, the subscription will continue until October 18. “We are receiving very positive responses from IPO applicants,” said Mesbah Ahamed, head

Kuwait Airways will start its direct Chittagong-Kuwait flight from October 30 to grab the traffic from the port city. Initially, the airways will operate two flights – Friday and Sunday -per week from Chittagong with Airbus 300 and Airbus 310 aircraft.  The flights will leave Chittagong at 5:35 am. Kuwait Airways district sales manager-passenger Saimur ... Read more