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Asia

Record tea output in 2016 – minister

Bangladesh’s tea output in 2016 is expected to hit a record 80 million kg from 66 million a year earlier, the commerce minister said on Sunday, a volume that may be big enough to make imports unnecessary. The country became a net importer of tea after ranking as the world’s fifth-largest exporter in [caption id="attachment_19935" align="alignleft" width="540"]Bangladeshi tea workers are mostly indigenous people from India who migrated during British rule. They are among the most deprived and marginalized communities in the country. (File photo from UCAN Bang...
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Sumitomo gets order for aviation security equipment

Sumitomo Corporation (head office: Chuo-ku, Tokyo; President and CEO: Kuniharu Nakamura), together with NEC Corporation (‘NEC’; head office: Minato-ku, Tokyo; President: Nobuhiro Endo), NEC Networks & System Integration Corporation (‘NEC Networks & SI’; head office: Bunkyo-ku, Tokyo; President: Masao Wada), Morita Corporation (‘Morita’; head office: Sanda, Hyogo Prefecture; President and Representative Director: Kazumi Ogata), and SANWA COMSYS Engineering Corporation (‘SANWA COMSYS Engineering’; head office: Suginami-ku, Tokyo; biman-300

LafargeHolcim to increase limestone production

LafargeHolcim plans to increase production of limestone from its Nongtrai mines in Meghalaya’s East Khasi Hills district, Bangladesh, from two to five million tonnes per year. The company also plans to export limestone. The company has received notice from the Meghalaya State Pollution Control Board for a Lafargepublic hearing on the expansion plan at Nontrai for excavation of limestone. In 2009, the company had applied to Union Ministry of Environment, Forests and Climate Change for environmental clearance, says a report. Meghalaya-based Lafarge Umia...

Tata ‘ULTRA’ range trucks launched in Bangladesh

Tata Motors, the largest automobile manufacturer in India, on Wednesday launched its next-generation range of ‘Ultra’ commercial vehicles in Bangladesh. The ‘Ultra’ range of trucks ranges from 7 to 16 tonnes in payload capacity and engine size from 120 hp to 170 hp. In Bangladesh, Tata Motors has launched the ULTRA 812 and ULTRA 912 in tata motorsthe Cargo segment. The driveline of the ULTRA 812 & 912 launched today, has the TATA 497 TCIC engine, with an output of 125 HP, a new-generation transmission with aluminum casing - the G-550 overdri...

Onion prices shoot up in Pakistan

Pakistan is poised to fetch higher export orders for onion this year after India, its competitor, and Bangladesh returned to the international markets to overcome local shortage in supplies, traders have said. “Pakistan has registered an increase in demand from the overseas markets in the last couple of weeks…India has recently started importing onion from Pakistan via the Wagah border,” said Haji Shahjahan, an exporter. onion“Total export of the country would remain steady at 450,000 to 500,000 ton this year, which is similar to the previous year,” he e...

Bank Asia opens online credit card service

Mr. Md. Mehmood Husain, President and Managing Director of Bank Asia is seen launching the Credit Card Online Statement Service at a function held at the Corporate Office of the Bank at 1Purana Paltan, Dhaka today (Sunday, July 12, 2015). Deputy Managing Directors of the Bank Mr. Md. Arfan Ali and Mrs Humaira Azam, Senior Executive Vice Presidents Mr. G.W.M. Mortaza, Mr. Mohammad Borhanuddin and Mr. Barun Kanti Saha and Head of Credit Cards Department Mr. Md. Saifur Rahman are also seen in the picture.