London, Jan 10 (AP) — Dutch Prime Minister Mark Rutte says he is working with France, Germany and other nations to help his British counterpart Theresa May win Parliament's approval for her divorce deal with the European Union.
Speaking Wednesday night after meeting with Japanese Prime Minister Shinzo Abe in the Dutch port city of Rotterdam, Rutte said he and his European allies are striving "to help my British colleague to bring the vote next week to a successful outcome."
Rutte did not elaborate on what he and other leaders are doing to help win support for May's Brexit deal in the deeply divided British House of Commons.
However Rutte stressed that "the present deal on the table is, I think, the best deal."
British lawmakers have dealt Prime Minister Theresa May her second defeat in two days in battles over the government's plans for Brexit.
The House of Commons voted for a motion designed to prevent the government delaying key decisions as Brexit approaches on March 29. The measure says that if Parliament rejects the divorce deal May has agreed with the European Union, the government must come up with a "Plan B" within three days.
The government previously had 21 days to report back to Parliament.
Lawmakers are due to vote on May's deal on Tuesday, and look likely to reject it.
Opponents of the agreement suspect the government may try to run down the clock, to leave Parliament facing a last-minute choice between May's deal and a no-deal Brexit.
On Tuesday, lawmakers voted to put curbs on the government's ability to spend taxes on no-deal measures.
A top European Parliament leader is appealing to lawmakers in London to show "responsibility" as they resume consideration of Britain's divorce deal with the European Union.
Many British lawmakers detest the deal agreed between Brussels and Prime Minister Theresa May. Britain is due to leave the EU March 29, and fears have risen that it may do so without a deal in place.
Manfred Weber, a German conservative who heads the biggest group in the European Parliament, said in Berlin Wednesday that "it's Britain's move. Our colleagues in Britain's lower house carry great responsibility now — the agreement is on the table."
News agency dpa reported that Weber said everyone must realize that a no-deal withdrawal on March 29 would "lead to very difficult, perhaps even chaotic situations."
The British government is bringing its little-loved Brexit deal back to Parliament, a month after postponing a vote on the agreement to stave off near-certain defeat.
Lawmakers are beginning five days of debate Wednesday on the agreement with the European Union setting out the terms of Britain's departure from the bloc on March 29.
A vote, initially slated for December, is scheduled for Jan. 15.
But opposition remains strong from both pro-Brexit and pro-EU U.K. lawmakers. Brexiteers are urging the government to ramp up preparations for leaving the EU without a deal.
But many lawmakers, and businesses, say that could cause economic turmoil.
The de-facto deputy Prime Minister, David Lidington, said the only way to avoid a disruptive no-deal "is for Parliament to endorse and ratify a deal."
Dhaka, Jan 9 (UNB) - NOVOAIR announced a 10% discount for frequent flyer program-SMILES members marking its 6th anniversary.
The tickets could be purchased from any NOVOAIR counter from January 9-13 which will be valid till 31 December 2019.
NOVOAIR introduced “SMILES” frequent flyer program for its valuable customers for the first time in Bangladesh.
NOVOAIR is celebrating its 6th anniversary with travel agencies across the country and its valued passengers.
From 2013 to 2018, NOVOAIR operated more than 47,500 flights and carrying over 25 lac passengers with 98.97 percent remarkable on time performance.
Currently, NOVOAIR operates daily flights from Dhaka to Chattogram, Cox's Bazar, Jashore, Sylhet, Saidpur, Barishal, Rajshahi and Kolkata with six ATR 72-500 aircraft.
Dhaka, Jan 8 (UNB) – Walton’s fourth nationwide Digital Campaign will kick off on Wednesday with the beginning of the Dhaka International Trade Fair-2019.
The company has announced various benefits for customers who will registrar products purchased from Walton Pavilion DITF-19 or any other outlet.
Customers will be able to win free motorcycles, fridges, televisions, air conditioners, laptops and others electronics and electrical appliances or cash vouchers, ranging from Tk200 to Tk1 lakh.
Buyers of Walton fridge, television, air conditioner, laptop, computer, washing machine, generator and microwave oven will be eligible for the season-4 offers, the company announced on Tuesday at its corporate office.
Ariful Ambia, deputy executive director of Walton Group, said, details of the customers and their purchased products would be stored on a server.
Customers can seek post-sales services by visiting support.waltonbd.com and see the status of the product online.
Bangkok, Jan 8 (AP/UNB)— Shares rose in early European trading after a mixed day Tuesday in Asia in the absence of official updates on China-U.S. trade talks in Beijing.
KEEPING SCORE: The DAX in Germany gained 0.3 percent to 10,777.42 and France's CAC 40 was up 0.4 percent at 4,737.69. Britain's FTSE 100 picked up 0.5 percent to 6,847.14. Wall Street looked set for gains, with the future contract for the Dow up 0.4 percent at 23,603.00 and that for the S&P 500 also 0.4 percent higher at 2,560.90.
ASIA'S DAY: Japan's Nikkei 225 index gained 0.8 percent to 20,204.04 and the Hang Seng in Hong Kong added 0.2 percent to 25,875.45. Australia's S&P ASX 200 gained 0.7 percent to 5,722.40 and the South Korean Kospi gave up 0.5 percent to 2,026.23. India's Sensex gained 0.2 percent lower to 35,906.68. Shares fell in Taiwan, Indonesia and Thailand but rose in Singapore.
CHINA-US TRADE: An official Chinese newspaper warned Washington not to demand too much from Beijing as talks on ending their tariff war entered a second day Tuesday with no word on possible progress. Investors have been encouraged by the resumption of the talks between Beijing and Washington on a dispute over technology that has resulted in both sides imposing penalty tariffs on billions of dollars' of each other's exports. Those duties are likely to rise in March if no progress is made. The two-day working level talks were due to wrap up Tuesday.
ANALYST'S VIEWPOINT: "Against the backdrop of negotiations held in Beijing, the optimism from U.S. Commerce Secretary Wilbur Ross, who sees 'a very good chance' for a reasonable settlement with China has kept the sun shining over equities on Wall Street," Jingyi Pan of IG said in a commentary.
ENERGY: Oil prices continued their recent rally. U.S. crude gained 6 cents to $48.58 per barrel in electronic trading on the New York Mercantile Exchange. It rose 1.2 percent to $48.52 per barrel in New York. After sinking to an 18-month low of $42.53 a barrel on Dec. 24, the price of U.S. crude rose for seven of the last eight trading days. Brent crude, used to price international oils, picked up 13 cents to $57.46 per barrel after rising 0.5 percent in London.
CURRENCIES: The dollar rose to 108.98 yen from 108.73 yen. The euro slipped to $1.1446 from $1.1475.
Dhaka, Jan 7 (UNB) – Walton Hi-Tech Industries Limited will provide information about the company to eligible institutional investors at a road show as part of its plan to go public.
The show will be held at 6:30pm on January 15 at Walton Corporate Office in Dhaka’s Bashundhara Residential Area.
Walton aims to collect Tk 1 billion from the market through initial public offering using ‘book building’ method. Book building is a process through which an issuer attempts to determine the price to offer for its security, based on demand from institutional investors.
A road show is a requirement under the book building regulations before price discovery.
Eligible institutional investors like merchant bankers, asset management companies, stock dealers, banks, mutual funds and collective investment scheme, financial institutions, insurance companies, alternative investment fund managers and other institutions approved by the commission will participate in the event.
As of July to September of the current fiscal year 2018-19, the company registered its EPS (Earning Per Share) and NAV (Net Asset Value) at Tk 10.41 and Tk 208 respectively. Currently, the company’s authorised and paid up capitals are Tk 600 crores and Tk 300 crores respectively.
AAA Finance and Investment Limited has been appointed as manager to the issue of the company and Prime Bank Investment Limited has been appointed as registrar to the issue of the company.
Md Yakub Ali, company secretary of Walton, invited the eligible institutional investors to the IPO road show, noting how the company had been playing a remarkable role in the GDP growth, employment creation, foreign currency earnings, use of green technology, and spread of sports, among others.
Abul Bashar Hawlader, chief financial officer and executive director of Walton, said the brand was working with the aim of becoming a global player by 2021.