Category: Business

Prices slashed on Walton home appliances

Timesworld desk: The country’s electronics giant Walton slashed the prices of its various sorts of home appliances following the advent of New Year and the ongoing month-long Dhaka International Trade Fair-2017 at Sher-e-Bangla Nagar in…

Potato farmers distraught

Timesworld desk: Potato prices have plunged to as low as Tk 4 per kilogram at vegetable wholesale hubs in northern districts, the growing region, bringing sorrow for scores of farmers. The production cost for a…

Veg output grows fast

Timesworld desk: Vegetable production has more than doubled in just over a decade, making Bangladesh one of the fastest-growing vegetable producers in the world. The growth in recent years stems from better seeds and technologies…

Foreign partners compelled Islami Bank to usher in changes: Muhith

Timesworld desk: The sudden changes at Islami Bank Bangladesh were made due to mounting pressure from the lender’s foreign partners, Finance Minister AMA Muhith said yesterday. “Many changes came as a consequence of the pressures…

softbank

Japanese ‘Softbank’ invests $1bn in US ‘OneWeb’

DHAKA: Japanese technology giant Softbank is investing $1bn (£806m) in US space start-up OneWeb. Softbank founder Masayoshi Son said it was the “first step” in a pledge made to US President-elect Donald Trump about US…

rmg1481987939

$70b can be earned from backward linkage of RMG

Dhaka Chamber of Commerce and Industry (DCCI) president Hossain Khaled said that there is a possibility to earn 70 billion dollars from the backward linkage industry of readymade garment sector. The DCCI president made the…

fazle_kabir1481980044

BB directs banks to donate more in education

Bangladesh Bank (BB) has asked banks and financial institutions to increase expenses in the education sector. BB Governor Fazle Kabir said, “Updated education is must to lift Bangladesh into the list of middle income countries….

um1481962914

Bangladesh to get LDC facilities till 2027

The economic progress of Bangladesh is satisfactory and it is now rated the second highest country among Asia in case of foreign investment here. The country is now on way to enter into the list…

walton-tv1481798204

SpectraQ TV: Walton’s latest innovation

The country’s electronics giant ‘Walton’ is going to start a new era in the television technology through achieving remarkable progress in electronics, optical and mechanical design of high-tech television sector. This time, Walton introduced its…

mohit31481713033

‘Shares of govt-owned companies to be offloaded soon’

Finance Minister Abul Maal Abdul Muhith said that 26 shares of state-owned companies will be offloaded soon in the stock market. The minister made the disclosure while talking to newsmen after a meeting with the…