Hajj Flights Start From August 27

Hajj flights will begin on August 27 to ferry a total of 98,762 pilgrims to Saudi Arabia this year. Biman Bangladesh Airlines will carry the pilgrims from August 27 to September 28 while Saudi Airlines will do the job from September 1 to September 30, sources in civil aviation and tourism ministry said. Of the

iPhone 6 – Information and Rumors

The next iPhone is likely only a few months away, and reports and rumors about the new device are spreading like crazy. The new iPhone could be one of the most pivotal devices in the Cupertino brand’s history – with the iPhone 5S and iPhone 5C simple updates to previous models, there’s a lot of

Bangladesh Eyes Hydropower Import From Bhutan

Bangladesh government will strengthen its bilateral tie with Bhutan to import hydroelectricity from the neighbouring country through joint-venture initiatives or direct purchase, an official concerned said. As part of the efforts, State Minister for Power and Energy Nasrul Hamid is expected to visit Bhutan soon. The Power Division has already requested Foreign Secretary M Shahidul

Exports In 1st 10 Months Show Moderate Growth

Country’s exports to key destinations like Germany, the UK and France posted a modest growth in the first 10 months (July-April) of the current fiscal year (2013-14) compared to the same period in the last fiscal (2012-13), according to a news agency. During the July-April of fiscal 2013-14, exports to Germany totalled $ 3,912.84 million,

State Owned Jute Mills in Dire Financial Straits

Govt owned jute mills in Khulna industrial belt are going through a severe financial crisis for various reasons, including inability to sell their produced goods. Some jute mills including private ones are facing closure due to acute crisis of raw materials. Most mills cannot purchase raw materials and pay workers’ wages failing to sell large

University Grants Commission Okays Tk 2015cr For Public Universities

University Grants Commission of Bangladesh (UGC) has approved the original budget of Tk 2015.46 crore for the country’s public universities for fiscal 2014-2015 and the revised budget of Tk 1824.70 crore for fiscal 2013-2014. The UGC approved the budget in its 137th Full Commission meeting held on Monday with UGC Chairman Prof Dr AK Azad

Govt Plans to Setup 60MW Solar Park at Raozan

The government is going to set up a 60 megawatt solar power project at Raozan in Chittagong in the private sector. Once implemented, officials said state-owned Power Development Board (PDB) will purchase electricity from the solar park. “This will be the country’s largest ever single solar project with the highest capacity,” Power Division Joint Secretary

Jatiya Sangsad Passed National Budget For 2014-15

Jatiya Sangsad (JS) passed the national budget for fiscal year 2014-15 (FY15) involving Tk 2 lakh 50 thousand 506 crore, expecting to uphold the current pace of development to achieve a middle income country status as enshrined in the Vision-2021 of the alliance government of Prime Minister Sheikh Hasina. The JS also adopted the Appropriation

Sonali Bank Cuts Interest Rate

Considering the demand of the country’s entrepreneurs and investors, the state-owned Sonali Bank Limited has reduced interest rate against loans and advances for some specific sectors. The sectors are capital loan, project loan, SME loan, general loan and commercial loan. The bank has reduced interest rate by 1 percent from its existing rate of interest

Germany Beat Algeria To Set Up Quarterfinal Clash vs France

Three-time champion Germany, which has now advanced past the second round at nine consecutive World Cups, will next face 1998 winner France on Friday at the Maracana Stadium in Rio de Janeiro. With the temperature a chilly 14 degrees Celsius (57 degrees Fahrenheit) and a light rain falling at times, the pace was high at