UNB, Kissimmee :The Highland Green 1968 Ford Mustang GT featured in the film “Bullitt” was sold Friday at a Florida auction house for $3.74 million.The sale at Mecum Kissimmee marks the most expensive Mustang ever sold, surpassing a 1967 Shelby GT500 Super Snake that sold last year for $2.2 million, the Orlando Sentinel reported.Owner Sean Kiernan, with his sister Kelly Cotton riding shotgun, drove the car across the auction block at Silver Spurs Arena and then addressed a crowd of...
Business Desk :Creating a business-friendly environment as well as simplification of the investment process would help in bringing foreign direct investment, speakers say at a programme.“Everybody is welcome to Bangladesh for investment. We need regular reforms of policies and regulation as per need for creating a business-friendly environment,” said MA Mannan, minister for planning.He was addressing an event styled “Accelerating Bangladesh” organised by the Foreign Investors’ Chamber of Commerce and Industry (FICCI) at Sheraton Dhaka hotel on Sunday.FICCI also unveiled...
bdnews24.com :Bangladesh’s ready-made garment industry’s reforms have pleased the Belgian foreign minister Didier Reynders.He told Bangladesh foreign minister AH Mahmood...
AFP, Tokyo :Asian shares drifted marginally higher on Tuesday following another volatile session on Wall Street but a perfect storm of risks hovering over the global economy curbed investors’ enthusiasm.Hong Kong’s benchmark Hang Seng market led the gains, rising by half a percentage point, while equities in Japan scraped into positive territory after suffering stiff losses the previous day.Chinese stocks opened essentially flat while markets in Australia and South Korea were fractionally in the green.Global markets have been rocked in...
AFP, Rio De Janeiro :Standing in line outside an employment center in Rio de Janeiro, Thaysa dos Santos says she is ready to accept any job. As one of Brazil’s 13 million unemployed, she says she cannot be “choosy.”As Latin America’s biggest economy threatens to slide back into recession, just two years after emerging from a devastating crisis, finding work is harder than ever.“Nowadays it is very difficult,” says dos Santos, 27, a former office assistant who has been looking...
Business Desk :It was half past midnight, Tanmoy Ahsan, a university student suddenly received a notification that his internet data was finished.His semester final was in two days and he was studying online with some of his friends. It was already late to go outside to recharge the phone to buy internet package.But he had solution, in less than two minutes, Tanmoy added required money to his bKash account from Visa card using ‘card to bKash’ feature and bought needed...
Economic Reporter :The first-ever ‘China-Bangladesh Investment Forum’ will be held in Beijing on August 21organized by Euromoney Institutional Investor, one...
The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday.“It is clear that we have entered a recession” that will be worse than in 2009 following the global financial crisis, she said in an online press briefing.With the worldwide economic “sudden stop,” Georgieva said the fund’s estimate “for the overall financial needs of emerging markets is $2.5 trillion.”But she warned that estimate “is on...
Business Desk :City Bank and FMO, the Dutch Development Bank jointly organizes a two-day long interactive training session on ‘Commodity...
Business Desk :Bangladeshi industries which follow environmental, social and corporate governance in their fields have huge potential in attracting foreign investment, analysts said on Thursday.It is time for the local entrepreneurs to be technologically advanced to compete at the time of the fourth industrial revolution, they added.The analysts spoke in an event on the “Role of technology and ESG analytics in sustainable financing” that was organised by the Association of Asset Management Companies and Mutual Funds (AAMCMF) at Parjatan Bhaban...
BSS, Panchagarh :Comprehensive GO-NGO efforts could ensure proper selection of beneficiaries to make the social safety-net programmes more effective and successful, speakers at the concluding ceremony of a two-day training course said Tuesday.The government’s comprehensive social safety-net programmes have suitably alleviated abject poverty in recent years they said and stressed for ensuring effective management in the implementation process to building a poverty-free Bangladesh.Dhakkamara Union Samaj Kallyan Federation with assistance of Panchagarh unit of RDRS Bangladesh organised the course at its...
Business Desk :A comprehensive national logistics policy is required to develop the logistics and transport sector to attract more foreign investment for the field, analysts have said.“Streamlining national logistics development mechanism is mandatory for developing countries for engaging private investments and improving policy constraints,” said Abul Kasem Khan, Chairperson, Business initiative Leading Development (BUILD).He made this comment while delivering the keynote speech at a session on “Transport and logistics — the right move” on the last day of the two-day...