12:30 pm - Wednesday January 22, 2020
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Moody’s global base metals outlook remains stable

The outlook for the global base metals industry remains stable, said the Investors Service of Moody’s, an international credit rating agency, in a report released yesterday. Average prices for aluminum, copper, nickel and zinc will remain near 2013 levels in the next 12 to 18 months, but will continue to show volatility, said the Moody’s report entitled “Slow Global Recovery Will Keep Base Metals Prices Range Bound.” Global demand for base metals, however, will grow modestly, and “recovery will be uneven,” Moody’s said, adding that Industrial production will remain the main driver of growth.  Geologically, demand will grow at mid-single-digit rates in Asia, improve slowly in United States and Latin America, but remain sluggish...

Deal signed to construct Payra Bridge

The government has signed a Tk 26 crore deal for constructing the ‘Payra Bridge’ over Payra River on the Barisal-Patuakhali highway. bridgeRoads and Highways Department (RHD) chief engineer Aninur Rahman Laskar signed the deal on behalf of the government while president of Intercontinental Consultants & Technocrats Pvt Ltd of India Prashant Kapila, vice president of Kunhwa Consulting and Engineering Company Ltd of South Korea Choi Gang II, chairman...

DC-10 makes last passenger flight with Biman

DC 10
Biman Bangladesh Airlines will operate final DC-10 passenger service tomorrow. DC-10 has had checkered past, including high-profile accidents. The plane debuted in 1971 on a flight between Los Angeles and Chicago. A special “last chance” flight for enthusiasts is planned for February Some commercial jets receive soaring fanfare when they hang up their wings. But what sort of retirement party awaits the airline industry’s final scheduled DC-10 passenger flight? The final-flight honor goes to Bangladesh Biman Airlines, operator of the world’s last passenger DC-10 -- which the airline says will be making its final scheduled flight on December 7, on an otherwise routine flight. (The airline hasn’t said which route the plane will fly.)

Emirates to support Biman Bangladesh growth

Mercator, a part of the Emirates Group, will provide its market leading revenue accounting services, RAPID, to the national flag carrier of Bangladesh, Biman Bangladesh Airlines. The agreement was announced during IATAs 2nd Integrated Settlement Week, the largest annual event for the international revenue accounting community, which was held from 2-6 December in Montreal, Canada. “Mercator is delighted to provide Biman with a revenue accounting technology to realise their long term financial objectives,” said Patrick Naef, Divisional Senior Vice President Emirates Group IT and Head of Mercator. “Our dedicated team has a deep understanding of the challenges facing airline expansion in the industry, and also the ...

Airtel offers 3G at 2G price

Airtel Bangladesh Ltd, one of the fastest growing mobile service providers of the country, has recently announced its products and prices of 3G services in Bangladesh. Airtel 3G will be available to customers in Dhaka and Chittagong and will offer world-class 3G experience at high speed. Speaking at the press conference of Airtel 3G, Chris Tobit, Managing Director and CEO of Airtel Bangladesh said, “We are excited to offer innovative products and prices of our 3G services with highest speed, innovative contents and affordable packages for all segments, which will mark a major milestone for Airtel in Bangladesh. As the country ushers in an era of high speed mobile telephony, it will be Airtel’s endeavor to be at the forefront of this growth story. We will continue with our philosophy ...

Concito PR to provide public relation services for Cityscape

Concito PR and CityScape have a signed an agreement on public relation (PR) seervice at CitiScape’s office whereby Concito PR will provide PR support to CityScape. CEO of Concito PR, Sarker Maswood Hasan and Managing director of CityScape, Nahid Anwar, signed and exchanged documents to finalize this agreement. Also present at this event were Moeen Tariq, Managing Director of Concto PR and Ali Ahmed, Advisor for CityScape, says a press release. CityScape International Ltd is a new and dynamic company in the real estate market. The mission of CityScape International Ltd is to improve the quality of life around the world by creating places of distinction and provide sustainable solutions that enhance building and the natural environment. The overall vision is to go green and reduce c...