Holiday Report To take LNG marketing at consumers doorsteps the government has decided to set up extended marketing chain at the national level to provide fueling service to industrial and transport operators in city streets. As part of it the government has short listed 17 companies for buying Liquefied Natural Gas (LNG) and its marketing […]
Business
Chinese companies keen to invest in Bangladesh
Dhaka, UNB – A group of Chinese companies on Tuesday showed interest in investing in different sectors in Bangladesh. They expressed the interest at a seminar on China-Bangladesh Investment Facilities organised by multinational professional services network, PricewaterhouseCoopers (PwC) at a hotel in the capital on August 17. William Yuan, Partner of Global China Business Network, […]
BANGLADESH WANTS POWER IMPORT IN NORTHERN REGION
Plan import https://www.weeklyholiday.net/files/index_php/category/of 340 mw power from tripura not sustainable now holiday report the government in a unforeseen move has shifted its earlier plan to import electricity from tripura to cumilla region as the policy makers believe power import in the norther region is the need of the hour to replace dependence on fuel powered […]
Johnson & Johnson’s brand falters as US Judge fined $572m for faulty products
Agency Report Oklahoma, USA: A judge on Monday in Oklahoma in the USA fined Johnson & Johnson which is better known for baby shampoo and Band-Aids $572 million and gave the ruling that the company should be held responsible for decades of opioid addiction and the thousands of overdose deaths in the state. Johnson & […]
CHAOS IN RAWHIDE MARKET
Syndicates of tanners, big merchants blamed to force the price fall Holiday Report Rawhide market during this Eid-ul-Azha festival without buyers looked like an outrageous betraying the nation over their nose. Whole sale buyers and tanners acted in nexus to force the small traders to abandon their stock at throw away price. People watching the […]
Exports smash record in July, fetch $3.89b
Holiday Report Export earnings grew by unprecedented volume in July this year breaking past records. It brought home record amounts in July at a time the country needs more foreign exchange to stabilize external balance of payment. Last month, overseas shipments fetched $3.89 billion, up 8.66 percent year-on-year basis, according trade figure of the Export […]
Gold prices raised for third time in August
bdnews24.com The jewellers in Bangladesh have raised gold prices for the third time in August. And this is the fifth time in one and a half month. The Bangladesh JewellersSamiti or Bajus on Sunday announced the new prices. The price of 1 Bhori (11.664 grams) of 22-carat gold has been increased by Tk 1,666 to […]
CPD to form citizen’s commission on banking
Holiday Report Amidst scandalous development in the banking sector over the past years the Centre for Policy Dialogue (CPD) has decided to set up ‘citizen’s commission’ on banking to look into the cause and effect of it in the banking system and on the country’ overall economy. The “deteriorating health” of the banking is key […]
ICCB highlights two challenges for Bangladesh’s development
Holiday Report International Chamber of Commerce Bangladesh (ICCB) highlighted the two big challenges in the way of Bangladesh’s development. “The main one is to maintain the economic growth continuously and another challenge is related to eradicating inequality,” said ICC Bangladesh President Mahbubur Rahman. He made the observation on Tuesday last while presenting the Executive Board […]
TRADE WAR ENTERS CURRENCY WAR
China responds to US after Treasury designates Beijing a ‘currency manipulator’ KEY POINTS* “The United States disregards the facts and unreasonably affixes China with the label of ‘currency manipulators,’ which is a behavior that harms others and oneself,” the PBOC says.* On Monday, the U.S. Treasury accused Beijing of deliberately influencing the exchange rate between […]