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Tea prices down on poor grade

Tea prices in Bangladesh fell at the weekly auction on Tuesday from the previous sale, due to larger supplies of inferior quality, although strong demand for quality leaf limited the slide and sales rose. teaBangladeshi tea fetched an average of 183.46 taka ($2.39) per kg at the auction, below the 184.74 taka at the previous sale, said an official at National Brokers Ltd. More than 2.47 million kg was offered at the auction centre in Chittagong, with 18.3 percent going unsold. The last time, about 2.45 million kg was offered, of which nearly a fifth w...

Bangladesh switching to cleaner fuel

Bangladesh will lower the sulphur content of its gasoil imports from January next year, in line with a global move towards cleaner fuel, industry sources said today. The country will import gasoil with 500 parts-per-million (ppm) sulphur instead of the 2,500 ppm, from January, 2015, said Bangladesh Petroleum Corp (BPC) chairman Eunusur Rahman. oil_drops_MThe state-owned company, which is the country’s sole importer of gasoil, will start term negotiations to buy gasoil for next year, in November, he said. The move towards cleaner ga...

IBBL opens Panchbibi Branch

Islami Bank Bangladesh Limited (IBBL) inaugurated its 287th branch at Panchbibi, Joypurhat on Wednesday (October 15, 2014). Panchbibi FinalMd. Shahiduzzaman Sarker MP, Whip of the Parliament inaugurated the branch as Chief Guest. Presided over by Mohammad Abdul Mannan, Managing Director of the Bank the program was addressed by Humayun Bokhteyar, ACPA, FCA, Director of the Bank and Monoj Kanti Boiragi, General Manager, Bangladesh Bank, Bogra branch addressed the function as special guests. Abdul Hakim Mondol, President, Joypurh...

ICC Int’l Confce on 25-26 October

UNCTAD Secretary General Dr. Mukhisa Kituyi and around 500 delegates from home and abroad will join the conference Dhaka, 14 October, 2014: The National Committee of International Chamber of Commerce (ICC), The world business organization is going to hold an International Conference on Global Economic Recovery: Asian Perspective on 25-26 0ctober 2014 in Dhaka. ICCB-300United Nations Conference on Trade and Development (UNCTAD) Secretary General Dr. Mukhisa Kituyi has confirmed his attendance as Guests of Honor at the ICC International conference. Dr. Mu...

Yunus wins this year’s Global Entrepreneurship Award

Nobel laureate Muhammad Yunus was picked up for the 2nd Global Entrepreneurship Award (GEA-2014) under the umbrella of the Centennial Fund (CF) chaired by Prince Abdulaziz bin Abdullah, Saudi deputy minister of foreign affairs. This was announced by the secretary-general of the award, Abdulaziz Al-Mutairi, who said the GEA-Award committee’s decision was based on Yunus’ distinguished efforts at highlighting the culture of entrepreneurship, reports Arab News. dr. YunusAl-Mutairi did not disclose the names of the other winners. Last year th...

Sachin unveils logo of ‘Legends of Rupganj’

Cricket legend Sachin Tendulkar today unveiled the logo of Dhaka Premier League cricket club ‘Legends of Rupganj’ in the capital, Dhaka. sachin2The batting maestro, who arrived on a one-day visit this morning, visited Rupganj upazila of Narayanganj before the logo unveiling at Hotel Sonargaon. After landing at the Hazrat Shahjalal International Airport in Dhaka around 11:00am, he was flown to Rupganj by a helicopter where he attended a health-awareness programme organised by the Unicef, Star Online reports. Unicef’s first brand ambassador ...
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