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Business
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Shebaworld becomes Banglalink
New management vows to lead in Bangladesh cellphone market
Shebaworld yesterday changed its brand name to Banglalink after Egypt-based mobile phone operator Orascom Telecom Holding (OTH) took over the operation of the struggling joint venture.
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Cairo, Dhaka jt economic commission next year
Egyptian assistant minister tells FBCCI
Visiting Assistant Minister for Asian Affairs of Egypt Ezzat Saad El Sayed said yesterday his country is expected to form a Joint Economic Commission (JEC) with Bangladesh next year to promote bilateral
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Construction businesses decry high rod prices
Contractors awarded jobs earlier count 15pc loss
Leading construction companies yesterday urged re-rolling millers to go for cost-cutting measures, saying that due to high cost of MS (melted scrap) rod, the construction work has slowed down.
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New EU trade rules may hit Chinese textiles
The European Commission on Wednesday proposed a new set of EU trade priorities aimed at targeting developing countries in most need, at the expense for example of Chinese textiles.
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HSBC awards raffle draw winners
The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh has distributed prizes among the winners of My Loan Fair 2004 raffle draw.
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IDLC rated A+ in long term
Industrial Development Leasing Company of Bangladesh Limited (IDLC), a joint venture multiproduct financial institution, has been assigned "A+" (single A plus) rating in the long term and ST-3 ratingin
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Bank holiday on Saturday
Bangladesh Bank and all scheduled banks will remain closed on Saturday on account of Durga Puja (Bijaya Dashami), said a Bangladesh Bank press release.
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New chairman of Southeast Bank
Alamgir Kabir has been elected chairman of Southeast Bank Limited recently.Kabir, a chartered accountant, was founder advisor to Export Import Bank of Bangladesh.
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