Business - NsNewsWire

Bangladesh inflation dips slightly in July

DHAKA, Aug. 8 (NsNewsWire) — The point-to-point inflation rate in Bangladesh dropped by 0.03 percentage point in the first month of the current fiscal year of 2018-19 (July 2018-June 2019). Inflation dropped to 5.51 percent in July compared to that of 5.54 percent in the previous month, reports Xinhua quoting leading English newspaper The Financial […]

Japan Tobacco’s move to acquire Bangladesh cigarette maker irks anti-tobacco coalition

“Public health under threat, achieving tobacco-free Bangladesh will be hindered.” DHAKA, Aug. 7 (NsNewsWire) — The government of Bangladesh is welcoming the world’s leading death- trader, Japan Tobacco (JT) group into the country to conduct its business in the name of brining foreign direct investment (FDI). The govt. has permitted this multinational tobacco giant to […]

Robi, British American Tobacco Bangladesh and PRAN-RFL sign tripartite agreement

DHAKA, Aug. 7 (NsNewsWire) — Robi, British American Tobacco Bangladesh (BATB) and PRAN-RFL Group have recently signed a tripartite MoU agreement that allows BATB affiliates to enjoy corporate mobile facility from Robi and special discount benefit on PRAN-RFL group’s products from RFL Best Buy, Vision Emporium & Regal Emporium outlets. BATB’s Managing Director Shehzad Munim, […]

Japan Tobacco Agrees to Acquire Tobacco Business of Akij Group in Bangladesh

Japan, Aug. 6 (NsNewsWire) — Japan Tobacco Inc. (JT) (TSE: 2914) announces today that the JT Group has signed an agreement to acquire the tobacco business of Akij Group1 (Akij), the second largest tobacco company in Bangladesh, further increasing its presence in Asia. The purchase price for the transaction is estimated at around BDT 124.3 billion (USD […]

Robi & Lets Learn Coding to work together for BDAPPS developers’ skill development

DHAKA, Aug. 5 (NsNewsWire) — The leading digital service provider, Robi, and the fast growing digital training provider, Lets Learn Coding Ltd (LLC), have recently signed an MoU to work together for the skill development of the apps developers of the largest appstore of the country, BDAPPS. Robi’s Chief Digital Services Officer, Shihab Ahmad and […]

Novartis Names Dr. Riad as new Managing Director and Country President

DHAKA, Aug. 5 (NsNewsWire) — Dr. Riad Mamun Prodhani has recently been appointed as the Managing Director and Country President of Novartis (Bangladesh) Limited, the leading multinational pharmaceuticals of the country. With his new role, he also joins the Board of Directors of Novartis Bangladesh. Dr. Riad replaces Mr. Sheikh Nahar Mahmud who decided to […]

CPD dialogue on Minimum Wage and Livelihood Conditions of RMG Workers

DHAKA, Aug. 4 (NsNewsWire) — The Centre for Policy Dialogue (CPD) is organising a dialogue on Minimum Wage and Livelihood Conditions of RMG Workers, which will be held on Sunday 5 August 2018 at 10.30 am at BRAC Centre Inn Auditorium. Mr Md Mojibul Haque Chunnu, MP, Hon’ble State Minister for Labour and Employment, has kindly consented […]

ADB Provides $500 Million to Develop State-of-the-Art Power Plant in Khulna

DHAKA, Aug. 2 (NsNewsWire)– The Asian Development Bank (ADB) and the Government of Bangladesh today signed agreements for $500 million in loans to develop a state-of-the-art 800-megawatt (MW) power plant in Khulna, along with associated connections to natural gas and power transmission facilities. Muhammad Alkama Siddiqui, Additional Secretary (ADB Wing), Economic Relations Division (ERD), and […]

a2i Program partners with NRB Bank, City Bank Ltd. to extend banking services to citizens

DHAKA, July 31 (NsNewsWire) — Introduction of ‘Agent Banking’ services at the digital center is an important initiative of the Access to Information (a2i) Programme of the Information and Communication Technology (ICT) Division to take financial services to the doorsteps of the marginalised people across the country. On Tuesday 31 July 2018, at the conference […]