Business

BTRC to fix guidelines on ‘active sharing’ to ensure quality of service

  

Pns: The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to prepare a set of guidelines on ‘active sharing’ in the telecommunications sector to ensure quality of service (QoS). After reviewing the report of the regulatory agency that was constituted on February 15, the decision was taken at the commission’s 207th meeting to determine the feasibility of sharing an active infrastructure.Active sharing entails the sharing of electronic infrastructure. The...

ndia launches first bullet train project

  

Pns: India's first bullet train project was launched in the western state of Gujarat on Thursday. Indian Prime Minister Narendra Modi said "No country can grow unless it has a dream and a goal. Unless it takes steps towards achieving that." "Today, India has taken a big step in that direction," he said at the launch event in the city of Ahmedabad, attended by a crowd of over 10,000 people. The 17 billion U.S. dollars bullet train project is a joint venture between the...

Businesses at St Martin’s ready to welcome tourists

  

Pns: Hotels and resorts owners of the Saint Martin’s Island have already completed preparation to welcome tourists during the upcoming tourism season which starts from September and continues till March. But, the government till now has not taken any initiative about the number of tourists visiting the country’s only coral island by putting a cap on how many people can visit it.Last year, there was a demand for tourism control over the environment and biodiversity crisis, but...

New income tax law on the cards

  

Pns:The government has taken an initiative to formulate a new Income Tax law scrapping the decade-old Income Tax Ordinance, 1984 and excluding the scope of bringing any change to income tax related matters through Statuary Regulatory Order(SRO), reports UNB. According to the National Board of Revenue (NBR) currently the government can bring change to any tax related matters through SRO. In the proposed law this scope would be omitted totally.“However, this sort of scope can be...

Georgina to be new market for RMG products

  

Pns: President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Siddiqur Rahman on Monday expressed the hope to explore a new market for Bangladeshi RMG products in Georgia. “We hope to explore a new market for garment products in Georgia as it’s an important country in the Europe,” he said while talking to reporters after a meeting with Georgian Deputy Foreign Minister David Jalagania at the BGMEA Bhaban in the city.Jalagania came here on Monday along with a...

Windows 10 update set for October release

  

Pns: Microsoft on Friday announced that a major update to its Windows operating system will be released globally on October 17. Release of Windows 10 "Fall Creators Update" will come the same day that Windows Mixed Reality headsets powered by the software hits the market, Microsoft executive vice president of operating systems Terry Myerson said in a blog post.Unlike virtual reality gear already available, Windows headsets made by partners such as Acer, Asus, HP and Lenovo will...

FTA with Sri Lanka in current tenure: Tofail

  

Pns: Commerce minister Tofail Ahmed said Bangladesh will sign free trade agreement (FTA) with Sri Lanka within the current tenure of the present government. "Terms of reference of a joint study have been finalized and preparations are going on in this regard," he said after a bilateral meeting with Sri Lankan Development Strategies and International Trade Minister Malik Samarawickrama, MP, in Colombo, said a ministry release here today. He said Bangladeshi pharmaceuticals, paper,...

SAKOATEX plans to create huge employment in Rajshahi

  

Pns: SAKOATEX, a large-scale industrial unit in the northern region, is going to start operations from September. It has come as a beacon of hope for the people of the region as it will create huge employment. SAKOATEX, which will manufacture sweaters, established at the Bangladesh Small and Cottage Industries Corporation (BSCIC) area of the Rajshahi city, belongs to the ENA Group. At least 10,000 will get employment in the industry at the primary stage, officials said.Housed in...

PM approves joint venture for Parya channel dredging

  

Pns: Prime Minister Sheikh Hasina has approved the proposal of the shipping ministry to form a joint venture company with the Payra Sea Port Authority (PSPA) and JAN De NUL N.V of Belgium and invite international tender for the capital dredging of the 34-km Payra port channel. On March 26 this year, the shipping ministry had proposed to Prime Minister Sheikh Hasina the formation of a joint venture company to dredge the Payra channel with the government’s own funds.The shipping...

Bangladesh, Thailand sign CMoU on civil aviation

  

Pns:Bangladesh and Thailand have signed a Confidential Memorandum of Understanding (CMoU) on civil aviation that will allow Bangladeshi flight engineers and crews to work in Thailand. The CMoU was signed between Civil Aviation Authority of Bangladesh (CAAB) and Civil Aviation Authority of Thailand (CAAT) at a meeting held in Bangkok on August 25 last, said a press release here today. CAAB Member (Operation and Planning) Air Commodore M Mostafizur Rahman and CAAT Director General...

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