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Team Group on track to become a billion-dollar firm

Dhaka, Aug. 1 -- Following the sudden demise of its founder and previous managing director Abdullah Hil Rakib, Team Group is moving ahead with renewed determination to realise his vision of becoming a... Read More


Study warns of environmental risks from inefficient water use in apparel sector

Dhaka, Aug. 1 -- Factors like outdated regulatory framework, poor effluent discharge standards and lack of a meaningful price for water remain major challenges to the optimal use of water in Banglades... Read More


Sohail joins Novoair as director of Sales & Marketing

Dhaka, Aug. 1 -- Sohail Majid has joined Novoair, a private airlines in Bangladesh, as the director of Sales and Marketing. "Mr Majid held senior leadership roles in several renowned airlines and pro... Read More


H1 results reveal banks' bare bones

Dhaka, Aug. 1 -- IFIC Bank's balance sheet looked solid, showing no signs of worry from 2010 through the political transition in August last year. The lender, which had not sustained losses for more ... Read More


Oil steadies as concerns about tariff impacts vie with Russian supply threats

Dhaka, Aug. 1 -- Oil prices were little changed on Friday after falling more than 1% in the previous session as traders digested the impact of new higher US tariffs that may curtail economic activity ... Read More


US tariff adjustments for countries

Dhaka, Aug. 1 -- The Trump administration has cut tariffs on dozens of countries and territories from the previously announced rates. The adjustment follows an executive order signed by President Don... Read More


Bangladeshi NYPD officer Didarul buried after posthumous promotion

Dhaka, Aug. 1 -- Bangladeshi-origin NYPD officer Didarul Islam, who was killed in a shooting in New York City, has been buried. His funeral was held on Thursday afternoon at the Parkchester Mosque in... Read More


Trade bodies flag BB's monetary policy 'dampening' pvt investment

Dhaka, Aug. 1 -- Leading trade bodies in Bangladesh have expressed concern over Bangladesh Bank's (BB) continued contractionary monetary policy, warning that it is dampening private investment and hur... Read More


CA lauds BD tariff negotiation team

Dhaka, Aug. 1 -- In a message on Friday, Chief Adviser Professor Muhammad Yunus lauded the Bangladesh team for successful negotiations with their US counterpart in Washington. "By reducing the tariff... Read More


US reduces tariff to 20 pc for Bangladesh

Dhaka, Aug. 1 -- The United States has reduced the reciprocal tariff on products imported from Bangladesh to 20 per cent from the previous announced 35 per cent. The tariff adjustment follows an exec... Read More