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United Airways to expand service on Dhk-Ctg route

The United Airways (BD) Limited has planned to introduce a Jet Aircraft, MD-83, in addition to its regular flights by ATR-72 aircraft on Dhaka-Chittagong route from Monday to attract more domestic passengers. United-AirwaysThe 170-seat jet engine aircraft will shuttle between Dhaka and Chittagong once from Monday alongside its regular flights operated by the 66-seat ATR-72 aircraft. The airline charges Tk 3800 for one-way Dhaka-Chittagong trip and Tk 7000 for a round trip. The aircraft (MD-83) will depart from Dhaka for Chittagong at 7:45...

PHP to manufacture Proton cars in Ctg

Sedan cars will start plying the highways in Bangladesh at the beginning of next year. PHP, an industrial conglomerate based in Chittagong, is ready to manufacture cars of this model, the first of its kind in the private sector, in the country. online car salePHP is going to establish a unit at Anwara with a capacity of manufacturing 1200 Sedan cars a year. The company is investing around Tk 4.0 billion (400 crore) for setting up the industry on 30 acres of land where several hundred workers including 50 per cent expert engineers wi...

Worker-owned factory in Savar razed in fire

A devastating fire has gutted jute bag manufacturing factory Oporajeo, which was founded in 2013 in Savar with the injured workers of Rana Plaza. fire1The factory was founded under a trust on June 24, 2013 with six plain sewing machines and seven workers. Here the workers, mostly women, were labelled as owners. They were given congenial working environment, profit share, free lunch, medical assistance and educational support for their children. The factory having 50 workers used to manufacture different jute bags for local and international clients with...

Flydubai announces 3rd Bangladesh destination

Flydubai will launch direct flights to Sylhet, Bangladesh from April 1, the Dubai discount carrier said in statement on Thursday. pic01257_lwThe service, which will start with five weekly flights and increase to daily flights from May 4, will be operated under a code-share agreement with Bangladesh’s Regent Airways. The Bangladesh airline put its flight code on the flydubai service, an airline spokesperson confirmed. It is flydubai’s third service to Bangladesh.

GMR to sell 500 MW energy to BD from Nepal

Infrastructure major GMR India is to enter into an agreement with Bangladesh to export 500 MW electricity from two hydropower projects it is constructing in Nepal, according to officials here. GMR has already signed an agreement with the Nepal government to build the 900-MW Upper Karnali project in western Nepal and is in the final stages of acquiring permission for constructing the 600-MW Upper Marsyangdi-II project in central Nepal. PowerAn agreement for the export of power to Bangladesh will be signed during the three-day regional energy conference star...

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...
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