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Musk's Neuralink to test brain chips in clinical study in Great Britain

Dhaka, Aug. 1 -- Elon Musk's brain implant company Neuralink said on Thursday it will launch a clinical study in Great Britain to test how its chips can enable patients with severe paralysis to contro... Read More


Fuel prices to remain unchanged in August

Dhaka, Aug. 1 -- The government has kept unchanged the prices of diesel, kerosene, petrol and octane at Tk 102 per litre, Tk 114 per litre, Tk 118 per litre and Tk 122 per litre respectively for the m... Read More


Single bid marks 40pc of contracts

Dhaka, Aug. 1 -- Nearly half of the procurement contracts executed by the Central Medical Stores Depot (CMSD) during the 2023-24 fiscal year saw low bidder participation, raising concerns about compet... Read More


Ocean-going ship imports may get tax exemption again

Dhaka, Aug. 1 -- The government is rethinking its decision to impose a 7.5% VAT on the import of ocean-going ships, following strong backlash from local investors and concerns over potential damage to... Read More


Team Group on track to become a billion-dollar firm

Dhaka, Aug. 1 -- Following the sudden demise of its founder and previous managing director Abdullah Hil Rakib, Team Group is moving ahead with renewed determination to realise his vision of becoming a... Read More


Study warns of environmental risks from inefficient water use in apparel sector

Dhaka, Aug. 1 -- Factors like outdated regulatory framework, poor effluent discharge standards and lack of a meaningful price for water remain major challenges to the optimal use of water in Banglades... Read More


Sohail joins Novoair as director of Sales & Marketing

Dhaka, Aug. 1 -- Sohail Majid has joined Novoair, a private airlines in Bangladesh, as the director of Sales and Marketing. "Mr Majid held senior leadership roles in several renowned airlines and pro... Read More


H1 results reveal banks' bare bones

Dhaka, Aug. 1 -- IFIC Bank's balance sheet looked solid, showing no signs of worry from 2010 through the political transition in August last year. The lender, which had not sustained losses for more ... Read More


Oil steadies as concerns about tariff impacts vie with Russian supply threats

Dhaka, Aug. 1 -- Oil prices were little changed on Friday after falling more than 1% in the previous session as traders digested the impact of new higher US tariffs that may curtail economic activity ... Read More


US tariff adjustments for countries

Dhaka, Aug. 1 -- The Trump administration has cut tariffs on dozens of countries and territories from the previously announced rates. The adjustment follows an executive order signed by President Don... Read More