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Newest press releases [1-10 of 736] |
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15th May, 2008
Japan's NTT DoCoMo bids for AKTEL stake
AKTEL owned by A K Khan and Company, a stake previously valued at over $300million.
"It is true that we have tendered a bid for the AKTEL stake," an official of NTT DoCoMo told The Daily Star in a written reply to questions.
The Japanese company, with a 52 million subscription ......
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15th May, 2008
Citibank offers DESA `CitiConnect' online bill collection services
Citibank, N.A. Bangladesh and Dhaka Electric Supply Authority (DESA) signed a Memorandum of Understanding (MOU) Wednesday, which will facilitate online bill collection of DESA through CitiConnect.
Customers of DESA will be able to receive their bills at CitiConnect website and make online payments via Citi's innovative payment gateway. Rafiul Alam, ......
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14th May, 2008
Efficient management cuts business costs at Ctg port
Strict vigilance and efficient management reduced the business costs at Chittagong port in 2007.
The move also helped raise exports and improve the lead-time, businessmen said.
According to available data, importers previously had to pay Tk 30,000 on an average for per less than container load (LCL) and Tk 20,000 for per ......
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14th May, 2008
Orascom wants to invest in banking sector
Egypt-based Orascom Group, the owning company of mobile operator Banglalink, yesterday expressed its interest to invest in Bangladesh's banking sector.
During his daylong visit to Dhaka, Naguib Sawiris, the chairman of Orascom Telecom Holding (OTH), a sister concern of Orascom Group, also showed interest to invest in fertilizer, cement and ......
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14th May, 2008
List of 49 businessmen finalised for CIP status
The government has finalised the names of 49 leading businessmen of the country who would be bestowed the Commercially Important Person (CIP) status for a year on the basis of their export performance and annual business turnover.
Ministry of Commerce began issuing letters to those CIPs from Tuesday informing them about ......
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12th May, 2008
Businesses dismayed at imposition of licence fees on captive power plants
Top business leaders have expressed deep concern over the public notice of the Bangladesh Energy Regulatory Commission (BERC) for payment of licence fees for the use of captive/stand-by generators above 1 megawatt (MW) and said the requirement for payment of licence fees will hit the country's larger industries hard.
In ......
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12th May, 2008
Forex regulations being rationalised
The central bank governor has said it is rationalising the foreign currency exchange regulations to facilitate more foreign direct investment (FDI) in the country.
"Bangladesh Bank (BB) is rationalising foreign currency exchange regulations, which will help attract more FDI," Dr Salehuddin Ahmed told the regular monthly luncheon meeting of the Foreign ......
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12th May, 2008
Ananda wins $67m German order to build four ships
Ananda Shipyard and Slipways yesterday inked a $67 million deal with a German company to supply four ships, a further evidence of the recent boom in Bangladesh's shipyards.
With the deal, the value of total orders fetched by Ananda Shipyard stands at about $217million for building 16 vessels. Ananda will now ......
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10th May, 2008
BB turns down yet another BPC request for fund
The central bank has turned down again an Energy Division's request for providing a US$ 1.0-billion fund to help the cash-strapped Bangladesh Petroleum Corporation (BPC) foot its growing oil import cost, official said.
"The Bangladesh Bank (BB) has said no to our request for creation of a $1000- million revolving ......
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9th May, 2008
BRAC Bank to buy majority stakes in GSP Finance
BRAC Bank Limited, one of the fastest growing private commercial banks, has decided to acquire 51 percent stakes in GSP Finance Company (Bangladesh) Limited, a joint venture leasing company, at about Tk 19.5 crore.
Both sides signed yesterday a memorandum of understanding on this issue.
“GSP Finance Company (Bangladesh) Limited (GSPB) has ......
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Newest press releases [1-10 of 736] |
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