Category: Business

Business admin November 2, 2021

Elon Musk offers to donate $6 billion to UN if it can solve world hunger

In this Wednesday, Dec 4, 2019 file photo, Tesla CEO Elon Musk arrives at US District Court in Los Angeles. Elon Musk was cleared of defamation on Dec 6 by a jury in Los Angeles over a tweet in which he labeled a British caver "pedo guy." Photo: AP Elon Musk, the richest person in the world, says he will sell $6 billion worth of Tesla stock and donate the proceeds to the United Nations' food agency if it could show how the money would solve world hunger. His statement came after UN World Food Programme Executive Director David Beasley

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Bangladesh admin November 2, 2021

Cost of trade to reduce in 4IR: Tipu

Commerce Minister Tipu Munshi said on Thursday the cost of trade and commerce will decrease in the Fourth Industrial Revolution (4IR). "We have to be ready for 4IR. There is no alternative to the use of technology in all fields. The new generation needs to be able to keep pace with the time for expanding trade and commerce," he said. The minister said this while speaking as the chief guest at a workshop on 'Fourth Industrial Revolution: A Tool to Expand Trade' at the Commerce Ministry conference room in the city, said a press release.   Commerce Ministry and Bangladesh

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Bangladesh admin November 2, 2021

TCB extends selling of goods by 3 days

Trading Corporation of Bangladesh (TCB) on Thursday (October 28) extended for three more days selling of its essential products. The government has started open market sales (OMS) of key essential items on October 6 and it will continue till October 31. Sale of essential goods at reasonable price has been extended for three days considering the demand in the market, said TCB spokesperson Humayun Kabir. At this time all products will be sold at the previous price  Four essential products will be available at an affordable price during truck sale. The items are: sugar, lentil, Soybean oil and onion.  The

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Bangladesh admin November 2, 2021

E-orange owner Sonia, 2 others remanded again

A Dhaka court on Thursday placed e-commerce platform  eorange.shop owner Sonia Mehzabin, her husband Masukur Rahman and Chief Operating Officer Aman Ullah on a one-day remand in a fraud case filed with Hatirjheel police station. Dhaka Chief Metroploitan Magistate court Judge Shahidul Islam passed the order after Sup-Inspector Subrata Debnath, also investigation officer of the case, submitted a petition seeking a 5-day remand for the accused. The court also rejected bail petition submitted by the defense lawyer advocate Mamunur Rashid. On October 7, Sazzad Islam, a Dhaka College student, filed the case with Hatirjheels police station as he, his brother and

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Bangladesh admin November 2, 2021

Bangladesh should focus more on regional trade blocs: experts

Experts at a webinar observed that Bangladesh should focus more on regional trade blocs to attract trade and investments. They made the observation at the webinar on "Asia and Pacific and Bangladesh: Harnessing Economic Potentials" held on the fourth day of "Bangladesh Trade and Investment Summit 2021", said a press release here. Bangladesh is located in a strategic location in the Asia and Pacific and poised to improve its competitiveness to make its vibrant position in this region but the country needs to work more in policy reforms, product diversification, market diversification, business process simplification, competitive tax and tariff regime, infrastructure

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Bangladesh admin November 2, 2021

iPhone 13 hit Bangladesh market

The Apple's new sensational innovative and elegant iPhone 13 lineup with new camera innovation hit Bangladesh market in four models and five colours. Compustar PVT Limited (CPL), the only authorized distributor of iPhone in Bangladesh, formally launched the latest iPhone series - iPhone 13, iPhone 13 mini, iPhone 13 Pro and iPhone 13 Pro max-in a ceremony at their head office in the capital, said a press release. Apart from the iStore and other outlets, the CPL has also started selling new model of iPhone through the first ever Apple authorized e-commerce site in Bangladesh - www.istorebangladesh.com - since many unauthorized

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Bangladesh admin November 2, 2021

AL govt always a friend of people in danger: Tipu

Commerce Minister Tipu Munshi, MP,  said on Friday the Awami League (AL) government is always a friend of the people in danger and stands beside them in any need. "Whenever people are in danger, the AL government extends a helping hand to them with everything," Tipu said while visiting the arson attack and violence victim Hindu families in village Kasba Majhipara of Pirganj upazila here on Friday evening. After visiting the village, the minister handed over cash money, saree, lungi and blankets to the affected Hindu families.  "The damaged and burnt houses have already been constructed for the affected families

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