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India to start verification of people in Bangladesh enclaves

India will start the process of verification of people living in 51 border enclaves, to be handed over to Bangladesh as per the Land Boundary Agreement, on July 6. During the intensive exercise, government officials will ask people living in the enclaves whether they would like to take Bangladeshi citizenship or want to remain as Indians. “The exercise will start on July 6 simultaneously in all enclaves which will be given to Bangladesh as per LBA,” a Home Ministry official said. bd-indiaThe verification process in Indian enclaves is expected to be...

BPC finalises fuel term deals at lower premiums

Bangladesh Petroleum Corp (BPC) has finalised term contracts with 13 companies for refined oil product imports in the second half of 2015 at lower premiums than currently. Two company sources with the direct knowledge of the matter said the premium for 180-centistoke quality fuel oil for the second half of the current year will be $24 a tonne premium to Singapore spot quotes, down from $29.95 for current term cargoes. bpc oil“The lower premiums are in line with a weaker 180-cst market in Asia seen in the first half this year,” one of the sou...

Real Estate prices – Quarterly report by Lamudi

Currently the real estate sector is in a very precarious position given the difficult period it went through last year. The pace of slow and steady growth was hampered by the political unrest which happened in the month of January, slowing down the whole economic engine of the nation. However, in an emerging and dynamic nation like Bangladesh, all it takes is one good month for the sentiment to change drastically. Recently held successful REHAB (Real Estate & Housing Association of Bangladesh) Fair 2015 is a sign of a turnaround in the real estate market. Lamudi... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

Robi helps flood victims in Bandarban

Robi has stood by the flood victims in the wake of the recent flash flood in the South-eastern region of the country. It was the first corporate house to respond to this natural calamity. 20150628_174159Robi officials, with the help of the Bangladesh Army’s 24th Division, distributed relief packs among thousands of flood-affected people across different flood shelters in Bandarban Sunday last. Robi is also reaching out to the large number of flood-affected people across Cox’s Bazaar and Ramu, with support from Bangladesh Army...

BIAC signs MOU with Anwar Group on ADR

Bangladesh International Arbitration Centre (BIAC) signed a Memorandum of Understanding (MoU) with Anwar Group of Industries for cooperation on any dispute resolution using ADR methods. The Signing Ceremony was held on Tuesday ( 30 June, 2015) at the Head Office of Anwar Group at 27, Dilkusha C/A, Dhaka. Press editMr. Mahbubur Rahman, Chairman, BIAC and Mr. Manwar Hossain, Group Managing Director, Anwar Group of Industries signed the MOU on behalf of their respective organisations. Mr. Anwar Hossain Chairman and Mr. Hossain Khaled Directo...

ICC Director Francois passes away

Mr. Francois-Gabriel Ceyrac, Director of ICC National Committees and Membership recently passed away in his sleep at his home in Paris. His death has come as a great shock to all at International Chamber of Commerce, The world business organization (ICC) around the world. ICC DirectorThe funeral service of Mr. Francois-Gabriel Ceyrac was held on 1st July in Paris. Francois-Gabriel Ceyrac served as the Director of the National Committee and Membership, where he managed operations between ICC’s international headquarters and the network...
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