Uber, the ridesharing app, has announced the appointment of Nasheed Ferdous Kamal as the Country Head for Uber Bangladesh. Nasheed is a seasoned leader with over 18 years of experience in marketing, product and pricing strategy, new business development, customer lifecycle management, revenue and base growth, said the company on Wednesday, reports UNB. Before joining Uber, Nasheed was the General…

The Large Taxpayers Unit (LTU), a wing of the National Board of Revenue (NBR), handed over awards to 54 public (state-owned) and private companies as the highest taxpayers of FY2022-23. On the occasion, an award-giving ceremony was held at NBR's Multipurpose Hall at Agargaon in Dhaka on Wednesday. NBR Member (Tax Administration and Human Resource Management) Syed Mohammad Abu Daud, Tax Commissioner…

India stands ready to help Bangladesh in realising vision for a ‘stable, progressive and prosperous’ society, says Pranay Verma Foreign Minister Hasan Mahmud on Monday laid emphasis on expanding trade with greater connectivity with India as the two countries eye “greater momentum” in their partnership in the new term of the current government. “We discussed connectivity…

Dhaka International Trade Fair (DITF)-2024 is set to begin on January 21 at the Bangabandhu Bangladesh-China Friendship Exhibition Centre in the capital's Purbachal area. Haider Ali, information and public relations officer of the Commerce Ministry, confirmed the matter on Monday. He said Prime Minister Sheikh Hasina, on that day, will inaugurate the trade fair which will run long a month. The government…

The government will purchase edible oil, lentil and wheat worth Tk 661.73 crore from local and international market. Of the amount, Tk 348.46 crore will be spent to buy wheat, while Tk 140.16 crore to buy red lentil and Tk 173.11 crore to purchase edible oil. The proposals were given approval at the 43rd meeting of the Cabinet Committee on Government Purchase (CCGP) held on Wednesday with Finance…

The inter-bank exchange rate of US dollar hit a record high at Tk109 per dollar on Thursday amid the country’s foreign exchange market crisis. A day earlier the US dollar rate was at Tk108.70 per USD. More to follow….    

Netflix is introducing limits on password sharing in four more countries: Canada, New Zealand, Portugal and Spain. Customers in those countries are being asked to pay an extra fee if they want friends and family who don't live with them to share their subscription.   The move follows a crackdown on sharing passwords in South America, and will roll out in the UK by the end of March.   Netflix…

BEIJING : The container shipping arm of China's COSCO Shipping said on Friday that it will stop accepting new bookings for cargoes to and from Ukraine, the latest shipping group to take such action after Russia launched an invasion of Ukraine. The company's vessels already en route to Ukraine will be re-directed to elsewhere available, COSCO Shipping said, without giving further details  

The Coca-Cola Company on Thursday said it will aim for 25% of its packaging globally to be reusable by 2030, a move hailed by environmental groups who have called out the soft-drink maker for worldwide plastic pollution. Coca-Cola is a top target for consumer, investor and environmental groups concerned about petroleum-based plastic single-use bottles clogging oceans, among other problems, reports…

Bashundhara Group Vice Chairman Safwan Sobhan has been elected president of the Bangladesh Economic Zone Investors Association (BEZIA). He represents the Bashundhara Industrial Economic Zone in the platform of local and foreign investors. BEZIA election board chairman Dr Kazi Ertaza Hassan announced the result at a press meet at Bashundhara Residential Area in the capital on Tuesday. The other commission…

Bangladesh achieved an impressive 6.94 percent GDP growth in the 2020-21 fiscal year amid the Covid-19 pandemic, according to a final estimate of the government. The country's GDP size stood at US$ 416 billion and the per capita income rose to US$ 2,591 (as per GNI) in the last fiscal year, said Planning Minister MA Mannan quoting the estimate. The estimate was placed at the weekly meeting of the…

Smuggling of gold has not decreased despite allowing its import legally, NBR Chairman Abu Hena Rahmatul Muneem said on Saturday. The head of National Board of Revenue (NBR) said this while addressing as the chief guest 13th round lottery draw at the conference room of NBR building in the city on Saturday. He said the government has formulated a policy to encourage gold imports in the country through…

Bashundhara has taken an initiative to set up a gold refinery with support from     six commercial banks to set up vibrant jewellery industry and stop gold smuggling. Bangladesh Jeweller's Association (BAJUS) President and Managing Director of Bashundhaka Group Sayem Sobhan Anvir has said.He said as the country's socio-economic condition is rapidly developing. We have a big domestic market…