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Oil sector may face ‘triple whammy’

Chancellor George Osborne is facing renewed calls to reform North Sea oil and gas taxation as experts warn of an economic “triple whammy” for the industry. David Glen, head of tax at PricewaterhouseCoopers (PwC) in Scotland, said there is a “real danger” plunging oil prices could result in investment becoming uneconomic, leading to diminishing field life and speeding up decommissioning. crude oilThe latest economic report from the University of Strathclyde’s Fraser of Allander Institute, sponsored by PwC, joins calls for the Chancellor to take act...

ICC,B banking workshop in Sri Lanka

106 Bangladeshi Bankers from 19 Banks including Bangladesh Bank and 60 Bankers from Sri Lanka at ICC Workshop on International Trade Finance jointly organized by Group Photo-ColomboICC Bangladesh and ICC Sri Lanka in Galadari Hotel, Colombo recently. ICC Bangladesh President Mahbubur Rahman presided the Inaugural Session.

Airtel signs corporate deal with SSL

Airtel Bangladesh Limited, the fastest growing telecom operator of the country, has signed a corporate agreement with Software Shop Limited (SSL) on Sunday, March 1st, 2015. The agreement took place at Airtel’s head office in Banani, Tajwar Center. Airtel-SSLThrough this agreement Airtel has ensured that its customers can now pay their bill and can recharge their account from Airtel’s website its Online Airtel Experience Centre and Airtel Buzz using their VISA/Master Debit and Credit card. The payment will be updated to Airtel’...

maximus iX series smart phones launched

Quartel Infotech Limited, owner of leading mobile phone brand maximus mobile, has launched three new smart mobile devices for the Bangladesh market focusing on design and innovation. The new models iX Kane, iX UFO and iX Hexa were revealed today at a city hotel by Mesbah Uddin, Director – Operations Maximus mobile along with other top officials of Maximus. Maximus picWhile presenting the smart phones Mesbah Uddin said, “Bangladeshi consumers are seeking devices that are affordable and at the same time provide leading de...

Carmudi secures $ 25m in new funding

Carmudi, a leading car classified site backed by Rocket Internet, has raised $25 million to strengthen its operations in Asia and Latin America. Investors include Asia Pacific Internet Group (APACIG), a joint venture of Rocket Internet and Ooredoo, Holtzbrinck Ventures, a leading consumer internet investor, Tengelmann Ventures, a division of international multi-sector retailer Tengelmann Group, and a private investor. Carmudi $25 M fundLaunched in October 2013, Carmudi has rapidly scaled up to 20 countries, ...

ALRC urges UN to probe human rights violations in BD

The Asian Legal Resource Centre (ALRC) has requested the UN Human Rights Council to pay attention to the ongoing pattern of gross human rights violations in Bangladesh. The government of Bangladesh is promoting extrajudicial executions and declaring impunity for the perpetrators in public amidst the political crisis that centres on peaceful and credible handover of power, says an ALRC press release. human rights BangladeshBangladesh’s citizens are being forced to pay the price with blood for the country’s continui...
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