Jan 16
Daily News Head Line
Biman in dumping tactics on domestic routes PDF Print E-mail

State-run Biman Bangladesh Airlines is dumping seats into the domestic market and making the routes economically unworkable for local private carriers, said Novoair CEO Mofizur Rahman.

In an interview with The Daily Star at his office recently, Rahman said he welcomed competition but not at the cost of subsidies given to the state-run carrier.

“Biman dumps seats in Chittagong at a price that will make other domestic carriers' businesses unviable even with a very high load factor,” he said.

Telcos' investment shrinks but revenue rises PDF Print E-mail

Investment by mobile operators hit a six-year low in fiscal 2016-17 after being on a descent for the past four years even though the sector's revenue is growing every year.

In fiscal 2016-17, the mobile operators' investment declined 14.94 percent year-on-year to Tk 4,626 crore while their revenue grew 3.77 percent, according to a report of Bangladesh Telecommunication Regulatory Commission.

Upgrade jute mills PDF Print E-mail

Jute Protection Committee (JPC) yesterday urged the government to modernise state mills' decade-old machinery, saying their production capacity has fallen almost 40 percent causing losses every year.

The policy and advocacy platform also demanded providing arrears of workers and retirement benefits as well as purchasing jute directly from growers during the harvest season.

Imported fish to be tested for heavy metals PDF Print E-mail

Bangladesh Food Safety Authority has instructed testing of all imported fish for heavy metal from now after finding hazardous levels of lead, chromium and mercury in almost all the fishes brought in from abroad.

“This is a serious threat to public health,” said the BFSA in a letter last week to the commerce ministry, the National Board of Revenue and the Department of Fisheries (DoF).

The food safety watchdog, which began its journey in February 2015, said it is urgent to take quick measures to ensure safe food to attain the United Nations-set Sustainable Development Goals.

Over Tk 1,200cr lying unused PDF Print E-mail

The government has failed to use a single penny of Tk 1,257.32 crore or over $150 million furnished by the mobile phone operators to the telecom regulator's social obligation fund in the last six years.

The telecom regulator introduced the fund in November 2011 when four mobile operators renewed their licences, and a committee was formed to use the fund in 2014.

But the committee could not make time and organise any meeting to decide on how to use the fund in the next three years. The first meeting of the committee was held in early 2017 in absence of the telecom minister. But it brought no result.

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