Miscellany

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    India factory growth hits 6-month low

    Reuters | Updated at 12:00am on April 03, 2019

    Growth in India’s manufacturing industry slowed to a six-month low in March as orders and output expanded at a weaker rate, but overall factory activity...

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    Ansary appointed as MIDAS Financing MD (CC)

    Business Desk | Updated at 12:00am on April 03, 2019

    Md Atiar Rahman Ansary has been appointed as the managing director (CC) of MIDAS Financing with effect from March 29, 2019, said a press release....

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    ‘Brexit uncertainty has cost Britain 600m pounds a week’

    Reuters . London | Updated at 12:00am on April 02, 2019

    Britain’s chaotic exit from the European Union has cost the economy about 600 million pounds ($785 million) per week since the 2016 referendum, Goldman Sachs...

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    Shahnaz elected Reliance Insurance chair, Habibullah vice-chair

    Business Desk | Updated at 12:00am on April 02, 2019

    Shahnaz Rahman has been elected chairman and Habibullah Khan as vice-chairman of Reliance Insurance recently, said a press release. The election was held at a...

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    Nasir becomes MIDAS Financing chair

    Business Desk | Updated at 12:00am on April 02, 2019

    Mohammed Nasir Uddin Chowdhury has been elected as the chairman of MIDAS Financing for a period of two years, at its 303rd board meeting recently,...

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    ADR to protect banks from NPLs

    Staff Correspondent | Updated at 12:00am on April 02, 2019

    A tripartite committee on the draft alternative dispute resolution guidelines has recently concluded that incorporating the ADR clause in all loan contracts would provide banks...

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    JS body clears Insurance Corporation Bill

    Staff Correspondent | Updated at 12:00am on April 02, 2019

    The parliamentary standing committee on finance ministry at a meeting on Monday approved the Insurance Corporation Bill 2019 that will force the insurance companies to...

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    BTC holds 1st public hearing on local industry protection

    Staff Correspondent | Updated at 01:53am on April 01, 2019

    Bangladesh Tariff Commission on Sunday arranged a public hearing on an application of Akij Biax Films Ltd seeking protection for domestic production of biaxially-oriented polypropylene...

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    Govt moves to amend labour rules

    Staff Correspondent | Updated at 01:52am on April 01, 2019

    The government has started process to amend Bangladesh Labour Rules 2015 in line with Bangladesh Labour (amended) Act 2018 aiming at making the rules time...

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    Used car importers demand more depreciation benefits

    Staff Correspondent | Updated at 12:03am on April 01, 2019

    Bangladesh Reconditioned Vehicles Importers and Dealers Association on Sunday demanded that National Board of Revenue provide 45 per cent depreciation benefit for five-year old cars...

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