Business

Baidu announces $1.5 bln fund for autonomous driving

  

Pns:Chinese internet giant Baidu on Thursday announced a $1.5 billion investment in autonomous driving projects over the next three years, as it seeks to diversify its portfolio and compete with rivals such as Google. Over the next three years, the "Apollo Fund" will invest 10 billion yuan ($1.5 billion) in over 100 autonomous driving projects, the company said in a press release. Baidu's search engine dominates the Chinese internet, and online ads are a key revenue stream....

Mongla Port to get Tk 2,533 cr water treatment plant

  

Pns: The Ministry of Shipping has initiated a move to set up a Surface Water Treatment Plant at Mongla Port spending Tk 2,533 crore to cope with the massive development activities centering the port. The ministry has proposed a draft project to this end titled 'Establishing Surface Water Treatment Plant for Mongla Port' to the Planning Commission. The Mongla Port Authority will implement the proposed project by June 2019 with fund from the national exchequer.A pre-evaluation...

Dhaka, Tallinn agree to cooperate in ICT sector

  

Pns: Bangladesh and Estonia today discussed strengthening cooperation between the two countries in the ICT sector. The discussion was held during a bilateral meeting between Estonian President Kersti Kaljulaid and Bangladesh Prime Minister Sheikh Hasina at UN Headquarters on the sidelines of the UN General Assembly meeting. During a briefing, Bangladesh Permanent Representative to UN Masud Bin Momen said President Kersti apprised the prime minister of her county's digital...

Amu for close trade relations with Malaysia

  

Pns: Industries Minister Amir Hossain Amu on Thursday called for cementing relations between Bangladesh and Malaysia in every possible sphere, including trade and business, for the mutual benefits of the common people in both the countries. "The existing trade figure between Bangladesh and Malaysia will reach the height in the days ahead through closer bilateral trade and investment relations between the two countries," he said.The minister was speaking as the chief guest at the...

3-day showcase Malaysia begins in capital tomorrow

  

Pns: Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) is going to organise the ‘5th Showcase Malaysia-2017’ from September 21 to 23 at the International Convention City, Bashundhara in the capital, reports BSS. “Industries Minister Amir Hossain Amu will inaugurate the single country three-day trade fair as the chief guest while Acting High Commissioner of Malaysia in Bangladesh Idham Zuhri Mohamed Yunus will be present on the occasion as the special guest,” said chairmen...

Rice prices decline from Wednesday: Rice traders

  

Pns: The Rice traders on Tuesday assured that the prices of rice would decline from Wednesday as the government would resolve several problems related to the rice imports. Leaders of the Bangladesh Auto Major and Husking Mill Owners Association (BAMHMOA) after their meeting with several ministers told reporters that they had a good conversation with the government and assured that the prices of rice would start declining from Wednesday.They BAMHMOA leaders said this after their...

ICC,B team off to Sydney to attend ICC’s 10th World Chambers Congress

  

Pns: A 14-member delegation of International Chamber of Commerce, Bangladesh (ICC,B), led by its president Mahbubur Rahman, left here for Sydney, Australiaon Sunday to attend ICC’s 10th World Chambers Congress. The World Chambers Congress (WCC) is the premier event of its kind bringing together chamber, business and government figures alike. Now in its 10th edition, this flagship event is much more than just a chamber’s gathering.The 10th WCC will be jointly organised by ICC...

Bangladesh to import 1 lakh ton rice from Myanmar

  

Pns: Bangladesh has signed a deal with Myanmar to import 1,00,000 tonnes of rice from Myanmar. The Bangladesh government decided to go through with the deal in a bid to bring down prices in local markets.The purchase will be made at USD 442 per tonne. The decision was made following a meeting between a delegation of Myanmar and the food ministry last night.PNS/Tamanna Khan

Robi, Uber partners for digital service solutions

  

Pns: Mobile network operator Robi has formed a partnership with on-demand ride-sharing company Uber to bring innovative digital services for customers. Robi Chief Corporate and People Officer Matiul Islam Nowshad and Uber Chief Business Officer of India and Emerging Markets Madhu Kannan exchanged the partnership documents at a ceremony held at Robi Corporate Office today, said a press release. The partnership will bring special exclusive discounts to Robi and Airtel subscribers...

e-TIN holders exceed 30 lakh

  

Pns: The number of e-TIN holders has exceeded 30 lakh in the country, according to the statistics of the National Board of Revenue (NBR). A total of 30,50,405 people got registered with the electronic tax identification number (e-TIN) till August this year, which the NBR describes as a success towards its revenue collection efforts. Revealing the statistics, NBR member Md Abdur Razzaque said: "Citizens of the country are being conscious and they are spontaneously getting registered...

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