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Karnaphuli Group Chairman remembered

A milad and dua mahfil for the departed soul of eminent Social Worker & Industrialist, Chairman of Karnaphuli Group Hedayet Hossain Chowdhury, beloved father of the Chairman of ONE Bank Limited, HRC Family of Companies and the Editorial Board of the Daily JaiJaidin Mr. Sayeed H. Chowdhury was arranged jointly by ONE Bank Limited, HRC Family of Companies and the Jaijaidin on Friday, January 09, 2015 at the premises of HRC Products Limited. Milad-1The three sons of late Mr. Hedayet Hossain Chowdhury, the eldest son Mr. Sayeed Hossain Chowdhur...

Dollar strong, euro falls further against taka    

The dollar remained at its all time high level at Tk 77.95 per unit against Bangladesh taka in interbank trade on Monday due to stiff demand from importers. This helped the local currency to gain some points against the euro, pound sterling and other EU currencies, dealers said. Meanwhile, the dollar fell in Asia today after a report revealed a decline in US wages that could dampen consumer spending and delay an interest rate increase. Japanese financial markets were closed for a public holiday, dealers said, the Daily Observer reports. In the domestic market, despite the country-wide political tension over the blockade programme of opposition political parties, interbank market remained active with higher volume of transactions after the resume of operations in international fore...

Malaysian Int’l Trade Minister in city

Malaysian Minister for International Trade and Industry Mustapa Mohamed arrived here on Monday on a three-day visit looking for ways to expand trade ties between the two countries. The Malaysian minister will have talks with Commerce Minister Tofail Ahmed on Tuesday morning at city’s Sonargaon Hotel. Malay trade MThey will discuss ways to expand Bangladesh’s export to the Malaysian market and boost Malaysian investment in Bangladesh, an official at the Commerce Ministry told UNB on Monday. The meeting with Tofail is also expec...

BD govt, people to determine what they want: Delhi

India on Monday said it is the government and people of Bangladesh who will decide what sorts of a society they want. “It’s for the government and people of Bangladesh to determine what sorts of a society they want and what the issues they face,” Spokesperson of Indian Ministry of External Affairs Syed Akbaruddin told reporters at a press conference in New Delhi. bd-indiaThe official came up with the remark when a reporter wanted to know whether India is playing any role or will have idea to play role in the future as BNP leaders are seeking India’s s...

Tender to buy 50,000 T of wheat

Country’s state grains buyer issued another tender on Monday to buy 50,000 tonnes of wheat, the latest of a series, as it steps up efforts to build reserves, officials from the state agency said. The imports are part of a plan by the Directorate General of Food, wheatthe state agency, to ship in 900,000 tonnes of wheat in the current financial year that will end in June. The deadline to submit offers under the latest tender is Jan. 22, with validity up to Feb. 5, and the wheat is to be shipped within 40 days of signing the contract. The latest tender com...

Indian tea exports to Bangladesh slump 90pc

India’s tea exports to neighbouring Bangladesh plunged 90% in the first six months of this fiscal after Dhaka raised the customs duty on tea imports. Experts say the sharp fall came at a time when exporters were struggling with reduced offtake because of political tensions between Ukraine and Russia, turmoil in West Asia and chaos in Pakistan. teaTea exports to Bangladesh fell to 0.46 million kg in the six months to September 2014 from 5.02 million kg in the year-ago period, according to the Tea Board of India. Besides, the unit price realisation for Indi...
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