Dhaka: 4:24 AM, Sat, 26 May, 2018

Walton’s exclusive showroom opened at Jhikargacha

Staff Correspondent: A showroom of Aktar Electronics, one of the exclusive distributors of Marcel, has been opened at Jhikargacha in Jashore.

CIS-BCCI delegation left for Russia to Attend SPIEF'18

Staff Correspondent: A 5-Member business delegation of Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) led by its President Mr. Md Habib Ullah Dawn has left Dhaka for Russia to attend SPIEF’18 to be held at St. Petersburg during May 24-26, 2018.

Gold policy approved in principle

Special Correspondent: The government on Wednesday approved in principle the 'Gold Policy-2018' to ease the import and export of the precious metal as well as ensure transparency in its trade inside the country.

Marcel brings 50 plus models of fridges centering Ramadan

Economic Reporter: The local electronics and electrical appliances manufacturer ‘Marcel’ is now manufacturing and marketing more than 50 models of fridges on the occasion of Ramadan.

Japan's economy shrinks for first time in two years

International Desk: Japan's economy shrank in the first quarter of 2018 for the first time in two years, ending the longest stretch of economic growth since the 1980s.

Walton going to release 5-ton cassette, 2 ton inverter ACs

Economic Reporter: The country’s electronics giant ‘Walton’ is going to release huge power efficient inverter technology 2-ton air-conditioners as well as 5-ton commercial or cassette type air-conditioners. These new versions air-conditioners will hit the local market very soon.

Tk1,73,000cr ADP approved

Staff Correspondent: National Economic Council (NEC) approved Tk 1,73,000 crore for Annual Development Programme (ADP) for the fiscal year 2018-19. Of the amount, Tk 1,13,000 crore will come from the local sources while the rest of Tk 60,000 crore from the foreign sources.

Muhith hints at cutting corporate tax

Special Correspondent: Finance Minister AMA Muhith has hinted at reducing corporate tax in the upcoming budget for fiscal year 2018-19.

CIS-BCCI inks deal with Qoovee

Staff Correspondent: Commonwealth of Independent States - Bangladesh Chamber of Commerce & Industry (CIS-BCCI) signed an agreement with Global business platform Qoovee Holding to build cooperation relations with Business Community of Bangladesh and CIS region.

Daraz Group joins Alibaba Ecosystem

Staff Correspondent: Daraz Group, a leading e-commerce company in Pakistan, Bangladesh, Sri Lanka, Myanmar and Nepal today announced that the company was fully acquired by Alibaba to become a member of Alibaba Group.

Walton inks partnership deal with Microsoft

Economic Reporter: The local electronics giant Walton inked a partnership deal with the world’s largest software manufacturer Microsoft to get the original Windows software, which will be used in Walton brand laptops and computers.

TCB starts selling essentials

Staff Correspondent: The Trading Corporation of Bangladesh (TCB) has started selling essentials in open markets across the country from today morning in a bid to ensure smooth supply and keep the prices of the items stable during Ramadan, the fasting month for Muslims.

‘Country to see maximum budget this time’

Economic Correspondent: National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan said, “The country is advancing and going to see maximum budget in the fiscal year 2018-19. So, everybody will have to work for the country from their own position.”

Prices of oil, gas, commodities likely to be hiked

Desk Report: Oil prices are expected to average $65 a barrel this year, up from the $53 per barrel average of 2017, driven by strong consumer demand and OPEC’s continued cuts, the World Bank said in its April Commodity Markets Outlook.

4th AGM of CIS-BCCI held

Milton Ahmed: The fourth Annual General Meeting (AGM) of Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) was held at Gulshan Club in Dhaka on Saturday (April 28, 2018).