Bangladesh Telecommuni-cation Regulatory Commission (BTRC) has asked BanglaPhone, a PSTN and ISP operator, to stop telecom transmission infrastructure service and ordered the company to pay 5.5 per cent of the due revenue within 10 days after receiving the notice from the regulator. On June 7, A letter…

Bangladesh Telecommunication Regulatory Commission (BTRC) yesterday offloaded international tender to procure handheld spectrum monitoring devices to identify the illegal occupiers of the valuable resources. Bidders have to submit their tender document by 2pm on July 29, which would be opened at 2.30…

Oil prices extended gains yesterday on expectations of a huge decline in US crude reserves, signalling that demand is improving in the world’s top economy and a global supply glut could soon end, analysts said. US benchmark West Texas Intermediate (WTI) for July delivery gained 97 cents to $61.11…

Stock market returned to the green zone yesterday after witnessing big slides in the past two trading sessions due to profit-booking selling, reports BSS. The broader DSEX index of Dhaka Stock Exchange (DSE) regained 42.71 points to close the day at 4556.69 while DS30 recovered by 21.12 points to 1759.60…

Allocation for women increased about three times in the national budget in seven years after introduction of gender budget, reports BSS. Allocation for women in the budget proposed in the Jatiya Sangsad on June 4 is Tk 79,087 crore. The share of women in 2009-10 when gender budget was introduced for…

Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) held its 11th annual general meeting (AGM) for the year 2014 at its board room in the capital recently, says a press release. President of the association Syed Nasim Manzur presided over the meeting  while…

Qatar faces a budget deficit in 2016 for the first time in 15 years because of the oil price slump but vowed Wednesday to forge ahead with huge spending plans as 2022 World Cup host, reports AFP from Doha. Super-rich Qatar expects next year to run a fiscal shortfall of 4.9 per cent of GDP, the ministry…

Abu Zafore Md Saleh and Md Fazlur Rahman have recently been promoted to deputy managing directors of NCC Bank Ltd, says a press release. Prior to this, Saleh was serving NCC Bank as snior eecutive vce pesident and head of corporate & Business Banking Division. And, Fazlur Rahman was working in the…

AFP, SHARM EL SHEIKH: The leaders of 26 African countries gathered in Egypt Wednesday to sign a new trade pact to create a common market across half the continent that will serve 625 million people. The Tripartite Free Trade Area (TFTA) will cap five years of negotiations to set up a common framework…

AFP, MIAMI BEACH: What does the modern air traveler want? Is it the perfect sized carry-on? A wearable device that tells you how to avoid jet lag? Free Wi-Fi? Cheap flights? Better service? Airlines are struggling to keep pace with the finicky desires of today’s passengers, many of whom are constantly…

When one types--the first few alphabets of the word ‘formalin’ into the Google search bar the phrase ‘Formalin in food Bangladesh’ shows up with suggestions. Adding formalin to fruits, vegetables and meat is now one of the common practices in Bangladesh. Research shows that,…

AFP, SAN FRANCISCO: Apple is striking a power chord with a new music service in a bid to drown out offerings from established players such as Spotify, Deezer, YouTube and Pandora. Even though Apple Music, set to launch later this month, combines on-demand music with a social network for artists and…