There is something for the country’s non-listed telecom companies to cheer about as the government might slash their corporate tax by 2.5 per cent in the upcoming budget for fiscal 2015-16, aiming to boost investment in the sector, reports  UNB. Sources at the National Board of Revenue (NBR)…

The Rural Electrification and Renewable Energy Development II (RERED II) Project is continuing to supply electricity to rural and remote areas of Bangladesh through sources of renewable energy. The project has installed more than 3.5 million solar home systems (SHS) in rural Bangladesh, said a press…

WiMAX operators in the country continued the trend of losing subscribers although cellular phone operators registered robust growth in data business, reports BSS. Two WiMAX operators - -Banglalion and Qubee - - witnessed nearly 33 per cent or one third fall of subscribers in the last one year (April,…

Civil Aviation and Tourism Minister Rashed Khan Menon has laid emphasis on attracting more South Asian tourists here utilising regional road connectivity for giving a boost to regional tourism, reports BSS. “The connectivity question between Bangladesh and India has been solved. Recently, bus…

Bull return to Dhaka Stock Exchange (DSE) on Sunday after closing last week lower amid technical glitch that halted trading for hours in two sessions, reports BSS. The broader DSEX gained nearly 42.24 points to finish the day at 4586.95 at Sunday's close when the blue-chip DS30 and Shariah DSES…

AFP, TAIPEI: Smart living and wearable technology will take centre stage at Asia’s largest tech trade show from Tuesday with gadgets promising to do everything from analysing state of mind to identifying burglars. Held in the capital Taipei, Computex will see 1,700 exhibitors from Taiwan and around…

AFP, MUMBAI: India’s central bank is expected to cut interest rates for a third time in five months when it meets this week, confident that inflation is stable enough to weather the summer monsoon. The Reserve Bank of India (RBI) has already lowered its benchmark repo rate, the level at which…

The Federal Network Agency, also known as Bundesnetzagentur or BNetzA has kicked off its multi-band frequency auction, making Germany the first European country to sell off spectrum in the 700MHz band for mobile broadband services, reports Telegeography. The three incumbent network operators –…

Xinhua, YANGON: Myanmar government is working closely with the 34-nation Organisation for Economic Cooperation and Development (OECD) to formulate a policy framework to boost foreign investment in the agricultural sector, official media reported yesterday. OCED officials were quoted as saying that allowing…

The Limerick College of Business Studies (LCBS) Dhaka team-Contrivers--has got the card to take part in the global competition, as the team has triumphed in the Bangladesh chapter of the CIMA-2015 Global Business Challenge, which was held in partnership with Barclays at a hotel in the capital on Friday,…

AFP, FRANKFURT: The European Central Bank, bolstered by the success of its controversial bond purchase programme, will pledge to keep it in place while downside risks to economic growth remain, analysts said. The ECB’s decision-making governing council is scheduled to meet on Wednesday but is…

AFP, MOSCOW: Designed to showcase a revamped space industry and divert attention from recent failures, Russia’s multi-billion-dollar project to build its own space launch pad to take over from Soviet-era Baikonur has been mired in corruption scandals. Hailed by President Vladimir Putin as the…

AFP, WASHINGTON: The news remains mostly bleak for the American newspaper industry, struggling over the past decade to adapt to the new digital landscape. The sale of the San Diego Union-Tribune in early May for $85 million underscored the horrific slump in the value of “old media” companies…

AFP, BARBATE:  Spanish fishermen in the Strait of Gibraltar have kept alive a 3,000-year-old netting tradition that brings in tuna so tasty, buyers come for it all the way from Japan. Silence falls as the fishermen on board their orange and blue boats stop calling out to each other and switch their…

Bangladesh is seeing a rapid change in the way the retail industry works. With the advancement and fast adaptation of technology, e-commerce is gradually picking up. New entrepreneurs have come up with businesses conducted using the internet, lowering operating costs and making the shopping process…