Remittance from KSA highest in July-Oct period

The expatriate Bangladeshis working in Saudi Arabia sent the highest amount of $ 944.34 million remittance during the July-October period of the current fiscal year (2013-14). The overall remittance inflow to Bangladesh during the four-month period totalled $4,500.64 million of which $1,230.68 million came in this October, according to the latest data of the Bangladesh Bank. The overall remittance inflow in September totalled $ 1,025.69 million. remmitance The central bank data showed that of the total $ 4,500.64 million sent in July-Oct...

Govt raises local rice purchase price

The government has raised the price of local rice purchase. It will pay to farmers for upcoming season’s rice to 30 taka ($0.38) a kilogram, up from 29 taka a year earlier, Food Minister Ramesh Chandra Sen said on Wednesday. The government will buy 200,000 tonnes of rice from local farmers in the harvesting season starting Dec. 1, Sen said, adding that more rice would be procured locally if required. “The purchase will boost our reserves as well as ensure fair price for farmers,” he told reporters. pariza rice panicle

Tea prices dip for second week

Tea prices in Bangladesh slipped for a second straight week at a weekly auction on Tuesday as demand from local buyers was poor amid political violence, brokers said. The average price of Bangladeshi tea was 200.04 taka ($2.74) per kg against 213.25 taka in the previous auction on Nov. 19, an official from National Brokers Ltd said on Wednesday. teaNearly 2.4 million kg of tea was offered at the country’s sole auction centre in Chittagong, with about 21 percent remaining unsold, compared with more than 2.4 million...

HSBC launches Business Development Office in Uttara EPZ

The Hongkong and Shanghai Banking Corporation Limited (HSBC), Bangladesh marked expansion of its network with a new Business Development Office in Uttara EPZ ( Export Processing Zone ), Nilphamari. This is the 8th Business Development Office of HSBC Bangladesh . With this, HSBC becomes the only international bank to be present in all the eight EPZs of Bangladesh . Uttara EPZ was established in 2001. It houses a range of diversified exporters. The EPZ is attracting substantial foreign investment for the country. Exporters from this EPZ can access the world class trade services and expertise of HSBC that now facilitates 11 per cent of the country's total international trade.

SSC, equivalent exams shifted to Feb 9

The Secondary School Certificate (SSC) and its equivalent examinations for 2014 have been shifted to February 9 due to Biswa Ijtema. S.S.C.The Ministry of Education approved the schedule on Wednesday, Subodh Chandra Dhali, Public Relations officer of the ministry, told reporters. The examinations were supposed to start on February 2. The written examinations will end on March 13 as the practical exams are scheduled to begin on March 16. The morning shift examinations will be held from 10 am to 1 pm while that of afternoon shift from 2 pm to 5...

Airtel Bangladesh signs corporate deal with Partex Star Group

Airtel Bangladesh Ltd, one of the fastest growing mobile service providers of the country, has signed an agreement with Partex Star Group, one of the largest local diversified private sector enterprises, located at Tejgaon in the city. Airtel will provide Partex Star Group with best in class mobile solutions like voice call, blackberry services, 2G & 3G internet services etc, says a press release. Photo_Airtel signs deal with Partex StarDuring the signing ceremony, Rajnish K...
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